New body proposed to regulate energy prices
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Energy authorities will be given more power to regulate domestic oil and cooking gas prices through taxes and subsidies under a new law, says Energy Minister Pirapan Salirathavibhaga.
PLN And USAID Renew Commitment To Accelerate Renewable Energy Development In Indonesia
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PT PLN (Persero) has reinforced its collaboration with the United States Agency for International Development (USAID) to expedite Indonesia’s energy transition through various renewable energy and electricity modernization initiatives. This renewed commitment was formalized with the signing of the continuation of the Terms of Reference (TOR) at the PLN Head Office in Jakarta.
Gulf Energy supports nuclear power, urges public education on
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Ratthaphol Cheunsomchit, deputy chief executive officer of Gulf Energy Development PCL, says that according to the draft of Thailand’s Power Development Plan for 2024-2040 (PDP 2024) by the Energy Policy and Planning Office (EPPO), the plan includes small modular nuclear reactors (SMRs) as an option for maintaining energy security.
Gas production hikes and regional buying to cut LNG imports
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Thailand plans to increase domestic gas production and renew gas purchases from neighbouring countries to reduce its dependence on liquefied natural gas (LNG) as gas demand is expected to increase in Asia, say energy authorities and analysts.
Sabah rejects proposed CCUS Bill, citing existing land laws
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KOTA KINABALU: Sabah agrees with the stand taken by Sarawak that the proposed Carbon Capture, Utilisation and Storage (CCUS) Bill is not necessary for the two states as they have separate land and forestry laws, says Datuk Seri Dr Jeffrey Kitingan.
Energy Outlook Report suggests Vietnam’s net-zero goal technically feasible
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The latest Vietnam Energy Outlook Report – Pathways to Net-Zero (EOR-NZ) said that Vietnam’s goal of achieving net-zero emissions by 2050 is not only technically feasible, but also the most cost-optimized scenario.
Myanmar’s erratic electricity supply is forcing small businesses to shut down
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Micro, Small, and Medium Enterprises (MSMEs) are reportedly experiencing adverse effects due to frequent electricity blackouts, leading to some businesses having to halt their operations. The state-owned Yangon Electrical Supply Corporation (YESC) reported in April that the production capacity of large hydropower plants in the national power system has decreased due to dry conditions.
Voluntary power cuts may be encouraged in extreme gas shortage; power rationing a last resort: EMA
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Industries and households may be encouraged to voluntarily cut electricity use during an extreme gas shortage, with power rationing being a last resort, the Energy Market Authority (EMA) told The Straits Times on May 9.