THE PHILIPPINE government must speed up the development of renewable energy sources to lessen its dependence on costly fossil fuels that have made the country vulnerable to inflationary pressures, analysts said.

The green agenda outlined in the 12th Malaysia Plan (12MP) bodes well for Malaysia’s energy industry as it moves in line with global transition towards clean and sustainable practices.

On November 25th, HAVAL JOLION HEV was first launched in Bangkok, Thailand, under the witness of more than 250 Thai media, dealers and user partners in the famous landmark Siam Paragon Shopping Center. The new vehicles launched this time include three models: Tech, Pro and Ultra. With the focus on users the first HAVAL User […]

Asean is home to an abundance of natural resources that economies have harnessed to support growth and advance global trade. However, the region is overlooking perhaps its most important commodity, carbon, given that the economic bloc  accounts for a quarter of the world’s total abatement potential of Natural Climate Solutions (NCS).

The energy transition will have particularly interesting implications for Asean. As a rapidly developing region, growth in electricity demand has averaged around 6% per year. With fossil fuels expected to continue dominating Asean’s future energy mix, the region is projected to become increasingly dependent on energy imports to meet future demand (in the case of […]

The International Finance Corporation (IFC) has committed 30 million USD to the construction of a waste-to-energy plant in the northern province of Bac Ninh as part of support for Vietnam to help it reach net-zero carbon emissions by 2050.

JAKARTA: Indonesia’s 2022 coal consumption for power generation is likely to reach 119 million tonnes, Zulkifli Zaini, CEO of the country’s state utility Perusahaan Listrik Negara (PLN) told parliament on Monday. Coal demand by PLN itself is expected at 68.43 million tonnes next year, while 50.76 million tonnes is likely to be used by independent […]

The Indonesian government estimates that total investment of up to $1,043 billion will be needed to develop new power plants fuelled by renewable energy to achieve its goal of carbon neutrality by 2060. The Southeast Asian nation is currently heavily reliant on coal for power generation.

JAKARTA, Nov 15 (Reuters) – Indonesia has introduced new rules on carbon trading to set up a market mechanism to help achieve the country’s greenhouse gas reduction targets by 2030, according to a copy of the regulation seen by Reuters.

Energy Minister Arifin Tasrif estimates it would require US$187 billion of investment in the upstream oil and gas in order to achieve the target of increasing production in 2030. The figure is around IDR 2,700 trillion, assuming an exchange rate of IDR 14,379 per US dollar.