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Philippines hopeful for South China Sea energy deal

SINGAPORE and MANILA (Bloomberg) — Philippine Energy Secretary Alfonso Cusi is optimistic that a deal to jointly explore disputed areas of the South China Sea for oil and gas will finally move forward when President Xi Jinping visits next month. Terms for an agreement between the Philippines and China may be finalized during Xi’s visit, […]

Singapore to explore use of energy storage systems with possible cost savings for consumers

SINGAPORE: The Energy Market Authority (EMA) is set to experiment with the deployment of energy storage systems (ESS) in Singapore, in a move that could bring cost savings for consumers. ESS are batteries or other forms of technology deployed on the power grid to store electricity when demand is low and discharge it when demand […]

ASEAN steps up energy cooperation

HÀ NỘI — ASEAN countries will step up cooperation and share resources to ensure energy security through expanding power grid connectivity and developing renewable energies. The commitment was made by ministers and deputy ministers in charge of energy of the ten member states of the Association of the Southeast Asian Nations (ASEAN) at the 36th […]

New Renewables Cheaper Than Old Coal In Southeast Asia

A new analysis from independent financial think tank Carbon Tracker has concluded that it would be cheaper to build new solar PV and onshore wind capacity in Indonesia, Vietnam, and the Philippines by the end of the next decade rather than continue operating existing coal-fired power plants. Carbon Tracker published three new country briefings on […]

Getting the green light to mitigate impact of climate change

THE United Nations Intergovernmental Panel on Climate Change (IPCC) recently published its special report on global warming, sending a strong warning both to world leaders and to all of us. We need rapid and unprecedented changes to our habits if we are to avoid major environmental, economic and social damage. While the timeframe may be […]

Renewable energy trading in Singapore runs on blockchain

The Singapore Power Group (SP) has initiated a marketplace, powered by blockchain, for renewable energy certificates (RECs). In a statement, the utilities provider said the blockchain-based platform, which was unveiled at the ASEAN Energy Business Forum, will help SP increase transparency and efficiency in its processes in REC transactions. Samuel Tan, chief digital officer at […]

Financing for clean energy projects pushed for ASEAN economies

SINGAPORE – To push more environment-friendly alternatives into the energy mix of economies in the region, a clean energy financing roadmap has been cast during the 36th ASEAN Ministers on Energy Meeting (AMEM) here. The crafting of the proposed financing framework had been done in collaboration with the International Energy Agency (IEA), a global energy […]

ABB Wins ASEAN Energy Award for Pioneering Public Electric Mobility Project in Malaysia

ABB has won an ASEAN Energy Award for the installation of the first-of-its-kind public EV charging station, supporting the Malaysian government’s efforts to accelerate wider adoption of electric mobility. ABB`s Terra 53 fast charging station, located in Subang Jaya, Malaysia, reduces typical charging time from 2 hours, using conventional public AC chargers, to around 15 […]

SP Group launches platform for households, small producers of solar energy to sell ‘green credits’

SINGAPORE – It is now easier for small producers of solar energy in Singapore to sell “green credits” to buyers keen to offset their carbon footprint. To link up these buyers and sellers, SP Group has launched a digital marketplace powered by blockchain technology, thus ensuring safe, transparent and fast transactions. The power utilities firm […]

Asean energy ministers renew push to go green

SINGAPORE – Asean has exceeded its energy efficiency goals, reducing its energy intensity by more than 20 per cent in 2016 compared to 2005 levels, well ahead of its 2020 target. The grouping, which Singapore chairs this year, also said that it would set up green building codes for the entire region, and that it […]