Camiguin solon asks power utility to address P426-M losses
MAMBAJAO, Camiguin – Lone district Representative Xavier Jesus Romualdo on Thursday called on the island province’s electric provider to act on its staggering financial losses, saying any disruption in electric services could threaten Camiguin’s thriving tourism industry. Data obtained from the Camiguin Electric Cooperative (Camelco) showed that the power utility’s debt has already ballooned to […]
Department of Energy warns of higher fuel prices
MANILA, Philippines — The Department of Energy (DOE) warns of higher fuel prices amid tight supply in the international market. Recent world events have once again pushed the prices of oil in the local market. The DOE has observed the continuing decline of oil production by members of the Oil Petroleum Exporting Countries (OPEC), as […]
Sorsogon hosts climate talks, fetes renewable energy
Recognizing the Southern Luzon region’s vulnerability to natural disasters and the effects of climate change, a landmark Climate Challenge Summit was organized by the provincial government of Sorsogon and The Climate Reality Project–Philippines, which aimed to raise awareness among local communities on the importance of environmental conservation, sustainability and cleaner energy. The event coincided with […]
Myanmar to build LNG power stations to meet energy requirements in 2022
Myanmar is planning to start three liquefied natural gas (LNG) power projects and a combined cycle power project to meet energy requirements in 2022, said Union Minister Win Khaing of Electricity and Energy. “The ministry provided electricity to 30 per cent of households recent years and the supply will be up to 50 per cent […]
Indonesia says low-carbon plan could spur annual GDP growth
JAKARTA, March 26 (Reuters) – Indonesia plans to adopt a more sustainable economic development plan from 2020 that could deliver annual GDP growth of 5.6 to 6 percent over the next 25 years, its planning minister said on Tuesday. The Low Carbon Development Initiative (LCDI) aims for more environmentally friendly growth in Southeast Asia’s biggest […]
ASEAN’s energy transition on the right track
Yesterday, the World Economic Forum (WEF) launched the fifth edition of their Energy Transition Index (ETI), ranking 115 economies on how well they are able to balance energy security and access with environmental sustainability and affordability. The report considered both, the current state of the countries’ energy systems as well as their readiness to adapt […]
Thailand rises three places in WEF energy transition index
Siri said that this year, Thailand was preparing to push legal amendments and get rid of obstacles to attain a higher WEF rank. Thailand was ranked 54th last year. The improvement in ranking is a result of the WEF view that Thailand has energy stability without emitting too much greenhouse gas, he said, pointing out […]
Price plea as generator costs soar
The government has urged vendors of electricity generators to ensure reasonable prices after public complaints flooded social media over soaring costs amidst a shortage of power in the Kingdom. Government spokesman Phay Siphan said Cambodian people should help each other during a crisis. Mr Siphan urged vendors to remain honest with the price of the […]
HQ of Singapore construction firm being built with sustainable material from local waste
SINGAPORE – The first step in developing sustainable construction material using local waste was taken today (Mar 25), with the signing of an agreement that will include its use in the building of a new headquarters of a local construction company. The agreement between JTC Corporation and Samwoh Corporation will see recycled materials processed from […]
Enough petroleum supply to meet domestic demand: Ministry
HÀ NỘI — The Ministry of Industry and Trade has said domestic petroleum supply is able to meet local consumption demand. According to a press release issued on March 26, large petroleum trading companies and some departments of industry and trade have reported that companies have provided enough supply for the local market. Companies have […]