EVN leaders face discipline over recent power outages
The Commission for the Management of State Capital at Enterprises (CMSE) has recommended reprimanding the leadership of Vietnam Electricity Group (EVN) for the power outages that hit northern Vietnam early in the summer this year.
Singapore’s City Energy eyes hydrogen imports from Malaysia by 2027
SINGAPORE, Oct 24 (Reuters) – Singapore’s City Energy said on Tuesday it will conduct a feasibility study with Gentari, Petronas’ renewables unit, on a proposed pipeline to export hydrogen from Malaysia to the city state, with a view to it becoming operational by 2027.
Indonesia’s Huge Geothermal Potential Catches Iceland’s Attention
Jakarta. Iceland is seeking to partner with Indonesia as the latter tries to harness its largely untapped geothermal potential. Icelandic Ambassador to Indonesia Stefán Haukur Jóhannesson presented Monday his letters of credentials to President Joko “Jokowi” Widodo, thus formally starting his ambassadorship in the geothermal-rich country.
Philippines Offers Incentives For Self-Financed Renewable Energy Projects
The Board of Investments (BOI) has introduced additional incentives for registered projects that will generate their own electricity through renewable energy facilities. Undersecretary Ceferino Rodolfo announced that a recent memorandum circular updates the guidelines for incentives related to energy efficiency and conservation projects, particularly those listed in the 2022 Strategic Investment Priority Plan.
Philippines urged to raise power investments to $62 billion
MANILA, Philippines — The Philippines will need to double investments in power systems to $62 billion by 2040 to accelerate the reduction of carbon dioxide emissions in the energy sector, according to the World Bank.
Cambodia asks Chinese EV company to install more charging stations
Cambodian Deputy Prime Minister Sun Chathol has encouraged Chinese electric vehicle (EV) company BYD to install more EV charging stations in the country as the trend of battery-power car use surges.
Singapore Centralizes Gas Purchases to Boost Energy Security
Singapore will centralize natural gas purchases in a bid to improve the stability and security of its power sector. The nation will aggregate demand from generating companies, which will create economies of scale and allow Singapore to negotiate more favorable gas contracting terms and procure fuel from diverse sources, Minister for Trade & Industry Gan Kim […]
To minimise electricity price volatility, Singapore will centralise procurement and supply of gas
SINGAPORE: In a bid to avoid wild swings in electricity prices brought about by energy shortages, the Singapore government will establish an entity to centralise the procurement and supply of gas for the power sector.
Renewable Energy Vital for Vietnam’s Decarbonization Goals: BloombergNEF Report
Vietnam is facing a critical juncture in its ambitious journey towards decarbonization, with the country’s long-term goal to phase out coal for power generation by the 2040s and achieve net-zero emissions by 2050. A recent report by BloombergNEF (BNEF) highlights the pivotal role of renewables, especially solar energy, in realizing these targets. Vietnam’s rapid economic […]
Singapore and UAE deepen collaboration to combat climate change, ink 8 agreements
ABU DHABI – Singapore and the United Arab Emirates (UAE) have committed to ensuring the most ambitious outcomes in the areas of reducing carbon emissions, adapting to climate change, and financially supporting vulnerable nations at the upcoming United Nations climate change summit.