Big role for hydropower to play in the renewable energy scene
KUCHING: Hydropower energy accounts for more than half of the world’s renewable energy production while other forms of renewable energy will continue to be looked into by Sarawak Energy, said its group chief executive officer Datu Sharbini Suhaili. Large hydropower energy, he added, would allow the utility firm to offer the lowest unsubsidised tariff in […]
Indonesia aims to start pilot carbon market as soon as next year
LONDON (BLOOMBERG) – Indonesia plans to start a pilot carbon market as soon as next year, part of its effort to meet emission goals the South-east Asian nation committed to under the 2015 Paris Agreement, according to a government official.
Sarawak balances conventional energy and RE
SARAWAK’S rivers and mountainous landscapes make hydropower the best provider of renewable, reliable and affordable energy, Chief Minister (CM) Datuk Patinggi Abang Johari Tun Openg (picture) said. The state is currently operating three hydropower plants — namely Batang Ai, Bakun and Murum — that can produce 3,452MW or about 73.5% of the total mix, channelling […]
Electricity tariff for domestic consumers to be maintained
THE electricity tariff for domestic consumers will be maintained, while the surcharge for non-domestic consumers will be reduced effective Jan 1 until June 30 next year, according to the Energy Commission (ST). Through the government-approved decision, 7.4 million domestic consumers would be exempted from paying the surcharge, while non-domestic consumers would enjoy a surcharge reduction […]
Gas Malaysia to offset lower tariff rate with higher volume sold
GAS Malaysia Bhd’s move to increase gas volume sales will help offset the lower natural gas selling price for the Jan 1 to Dec 31, 2021 period, thus giving a neutral impact on the gas distribution company, analysts said. “You can expect next year to be slightly better compared to this year because the company […]
Malaysian state open to buying Petronas stake after Mahathir comment
KUALA LUMPUR (Reuters) – Malaysia’s Terengganu state said on Wednesday it was open to buying a stake in national energy giant Petronas, after Prime Minister Mahathir Mohamad said he was considering such a sale to raise funds for his heavily-indebted federal government.
Vietnam urged to stop building new coal-fired power plants
A halt to investment in new coal-fired power plants is required to check the trend of increasing coal consumption, a report warns.
Solar power plants established on three small islands in East Nusa Tenggara
State-owned electricity company PLN has established three solar power plants in Alor regency, East Nusa Tenggara, as part of the company’s commitment to boosting renewable energy in the country while providing basic infrastructure for frontier, outermost and least developed regions.
Thais get free eggs for recycling waste
BANGKOK (ANN): Chaiyut Thipsuwanporn, senior vice president at Charoen Pokphand Foods (CPF), announced this week that the company’s food retail franchise CP Fresh Mart is joining the government’s campaign to reduce waste and will stop giving plastic bags to customers starting from Jan 1. Read more at https://www.thestar.com.my/news/regional/2019/12/11/thais-get-free-eggs-for-recycling-waste#xBvOc5BpO0E4jMrZ.99
PTTEP takes Energy Drilling’s rig for Thai drilling
Energy Drilling said earlier this week that this contract secured employment for the high specification tender rig EDrill-1, for a firm term of three years and four months with an option period of seven months. The Arthit field is located 230km offshore of Thailand’s Songkhla province in the Gulf of Thailand. The field lies at […]