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Asia
Energy Storage System
Australia’s Largest-Ever 1,200MW Battery Storage System to Be Built in Melbourne
Construction for the largest Battery Energy Storage System (BESS) ever deployed in the Asia-Pacific will begin in Melbourne, eventually supporting up to 1,200MW…
Hydropower Plant
Asia’s Pumped Hydropower Capacity to Overtake NAWE in 2023
Developments will mostly be located in Mainland China.
Natural Gas
Vietnam Leads Gas Expansion Plans in Southeast Asia: Report
A total of 56GW is either in pre-construction or construction stages.
Carbon Neutral
Asia’s Coal Phase-Out Must Be Gradual, Says Mitsubishi Heavy Head
Asia must phase out coal power gradually while still making use of existing infrastructure to make the shift to a carbon-neutral society less disruptive, Seiji …
Asia Coalition Launched to Accelerate Clean Energy Procurement
ACEC’s vision includes clean energy’s accessibility and affordability in the region by 2030.
Fossil Fuel Cost Savings in Asia Could Reach $44b: Report
This $10b more than in the first half of 2022.
China
How Much Did These Asian Countries Saved With Solar Power
Seven countries were able to save about 9% of their fossil fuel costs in the first half.
Coal-Fired Power Plants
Indonesia, ADB Launch First Coal Power Plant Retirement Deal
Indonesia, the Asian Development Bank and a private power firm are teaming up to refinance and prematurely retire a coal-fired power plant, the first such proje…
Crude Oil
Saudi Arabia to Deliver Full Oil Volumes to Asia Despite Production Cut
Saudi Arabia’s state oil company has assured several buyers in Asia it will deliver full contracted volumes in December despite the OPEC+ decision to cut produ…
Offshore Wind Power
Rapid Growth Seen in Asia’s Offshore Wind Capacity: Report
It is expected to rise by 15.3% annually.
COP27: $1bn Signed for Grid-Based Projects ‘in Asia and Beyond’
A strategic investment partnership will see AIIB and GEAPP mobilise up to $1 billion and identify co-financing opportunities for projects and programs of common…
United States
Chevron and JERA Jointly Pursue Lower-Carbon Solutions in the US and Asia Pacific
Chevron New Energies, Chevron’s unit focusing on low-carbon fuels, and Japanese energy giant JERA have agreed to collaborate on multiple lower-carbon opportuni…
LNG
Canadian LNG Exports to Asia Could Cut Emissions by the Equivalent of Removing All Vehicles From Canadian Roads, New Study Shows
Canadian liquefied natural gas (LNG) exports to Asia could reduce annual emissions by the equivalent of removing every single car from Canadian roads.
Oil Price
Saudi Arabia Cuts Oil Prices for Asia
Saudi Arabia has lowered its official selling prices for oil for all its Asian clients, with the flagship Arab Light for December delivery now priced $0.40 lowe…
CCS
GE Explores Carbon Capture at Combined Cycle Plants Across Asia
GE Gas Power has signed a Memorandum of Understanding (MoU) with Korean engineering firm DL E&C and its subsidiary CarbonCo to explore the integration of carbon…
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