Cooler weather in the Philippines pulled down electricity spot prices in July
The prices of electricity on the spot market continued to decline in July as the onset of the rainy season dampened demand, the Independent Electricity Market Operator of the Philippines (IEMOP) reported on Friday.
Electricity, renewable energy – a spearhead sector of Petrovietnam
The Vietnam Oil and Gas Group (Petrovietnam) is striving to raise its total installed power capacity to 8,000-14,000 MW by 2030, which is projected to account for 8-10% of the country’s combined capacity by 2045, under its revised strategy.
Work begins on HCM City’s first waste-to-energy plant
Construction of the Tam Sinh Nghia waste-to-energy plant, the first of its kind in Ho Chi Minh City, has begun in the outlying district of Cu Chi.
Thailand maintains electricity tariff to ease economic strain
Thailand’s Ministry of Energy has announced that it will freeze electricity prices at THB4.18 (approximately US$0.12 ) per unit until the end of 2024. This decision aims to alleviate financial pressure on businesses and consumers amid a challenging economic environment.
Vietnam increasing Cambodia’s electricity supply by 400MW
Vietnam will increase its electricity supply to Cambodia to 400 megawatts or more to boost the Kingdom’s economy and to help prevent blackouts or power shortages from occurring.
Vietnam allows big companies to buy clean energy directly to meet their climate targets
Vietnam will let electricity-guzzling factories buy electricity from wind and solar power producers, helping big companies like Samsung Electronics meet their climate targets and relieving pressure on the country’s overstrained grid.
Power bills capped for the rest of the year
The cabinet has approved the capping of power bills at 4.18 baht per unit until the end of the year and set the diesel price ceiling at 33 baht per litre until Oct 31.
430,000 Meralco customers experience power interruptions amid ‘Carina’
Around 430,000 Meralco customers have experienced power interruptions on Wednesday due to the combined effects of Typhoon Carina (international name: Gaemi) and the southwest monsoon.
