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Oil prices to go down on May 28

MANILA, Philippines – Oil companies will be reducing pump prices of petroleum products on Tuesday, May 28, to reflect the latest movements in the world market. In separate advisories, Shell, Seaoil, Petro Gazz, and Caltex said gasoline prices will go down by P0.35 per liter, while diesel will be reduced by P0.45 per liter. Companies […]

Renewable energy to grow 11.2% a year

Power generation capacity in the Philippines based on renewable sources other than hydro is expected to see a double-digit annual growth over the next 12 years, driven by the continued growth in the economy and the population. In a market outlook report focused on the Philippines, analytics firm GlobalData said installed capacity was cued for […]

Hydrogen storage to reinforce sustainability of renewable energy

MUNICH, Germany – With the “green-leaning” transformative phase happening in the energy sector globally, hydrogen storage is being dangled as the “next major innovation” that can further advance the sustainability of renewable energy (RE) deployments. For countries wanting to increase RE installations to keep pace with the world’s climate agenda or to comply with policies […]

Malaysia in discussion with China firms on pipeline compensation

KUALA LUMPUR (BLOOMBERG) – Malaysia is in discussions with China-based contractors for compensation relating to pipeline projects worth 9.4 billion ringgit (S$3.09 billion). The government is negotiating with China Petroleum Pipeline Engineering Co and Huanqiu Project Management Beijing Co on the total compensation to be paid by Suria Strategic Energy Resources Sdn, which was overseeing […]

New electricity tariffs more renewable: EVN

From 2011-2014, the electric tariffs were divided into seven scales. Then, in 2015 the electric tariffs were reduced to six scales with a hope to make them simpler. The scales were then from 0-50 kW; 51-100kW; 101-200 kW; 201-300 kW; 301-400 kW and from 400 kW upward. According to the EVN, a key purpose of […]

In Vietnam’s booming energy sector coal reigns, but renewables play catch-up

HANOI/SINGAPORE (Reuters) – Vietnam has become a hot spot for energy investors eying a spend of up to $150 billion over the coming decade to meet surging power demand, with coal set to dominate despite signs of a government effort to go green. FILE PHOTO: Power-generating windmill turbines are pictured at a wind park in […]

Ministry asked about Mekong plan

A member of the Supreme Consultation Forum told The Post on Thursday that he had questioned the Ministry of Mines and Energy over its position regarding a proposed project to develop a sizeable stretch of the Mekong River. Pich Sros, president of the Cambodian Youth Party, also raised the subject of the recent increase in […]

1,300 Villages to Receive Solar-Generated Electricity in FY2019-20

MANDALAY—Over 1,300 villages in rural areas of five regions will get access to electricity through solar power in fiscal 2019-20 as part of the National Electrification Project (NEP), according to the Ministry of Electricity and Energy. The ministry will team up with the Rural Development Department overseen by the Ministry of Agriculture, Livestock and Irrigation […]

As Power Cuts Cripple Cambodia, Generator Sales Soar

PHNOM PENH — As the hot season scorches Cambodia’s capital, its 1.5 million residents have struggled to stay cool without air conditioning, while business and factory work frequently grinds to a halt as a result of the worst power outages in many years. For several months now, Phnom Penh has been crippled by cuts that last […]

Lights out for five Singapore power retailers amid fierce competition

FIVE players have called it a day in Singapore’s retail electricity market for big businesses amid fierce competition triggered by a phased liberalisation of the sector – a process completed only this month, with all residential households in the fold as well. Energy Market Company (EMC) chief executive Toh Seong Wah told The Business Times […]