Southeast Asian nations face growing energy security challenges
Southeast Asia’s reliance on fossil fuels to meet rising demand for energy is a significant vulnerability in the energy crisis. Meeting energy security and emissions goals will require countries in the region to make major efforts to improve efficiency, accelerate renewable power generation and switch to low emissions fuels, said the International Energy Agency.
Singapore energy regulator freezes new entrants, mulls rules to minimise power retailer failures
SINGAPORE’s energy market regulator is mulling tightening licensing conditions for electricity retailers that may require players to raise their physical hedging and capital positions and possibly even, provide performance bonds, after last year’s staggering spikes in spot electricity prices drove nearly half a dozen of them to close shop.
Singapore Gets 20 Proposals for Low-Carbon Power From Its Neighbors
Singapore received 20 proposals to supply it with low-carbon electricity from overseas in what could be a test case for the ability of small countries to access green power. The Energy Market Authority got bids for supply from Indonesia, Malaysia, Thailand and Laos in response to a tender that sought 1.2 gigawatts of lower-carbon electricity […]
Malaysia’s Petronas Sees Higher Demand as Focus Turns to Energy Security
Malaysian state energy firm Petronas is seeing growing demand for gas as the world lifts COVID-19 restrictions and prioritizes energy security due to Russia’s invasion of Ukraine, its chief of upstream operations told Reuters on Wednesday. Petronas, the world’s fourth-biggest producer of liquefied natural gas (LNG), has seen high demand from Europe, Japan and South […]
Govt lays out energy supply plan
Thailand is unlikely to face the shortages of electricity being experienced in Vietnam and Sri Lanka, the Energy Ministry said on Saturday in an attempt to allay fears that the problem could spread to Thailand as well.
House continues to find ways to boost energy industry
MANILA – The House Committee on Energy, chaired by Pampanga 2nd District Representative Juan Miguel “Mikey” Macapagal Arroyo, has passed important laws to ensure adequate and affordable power and fuel in the country, while continuing to find ways to further improve the local industry and economy.
Vietnam faces imminent power shortage, calls for energy-saving
HANOI, April 2 (Reuters): Vietnam’s state-run utility EVN had announced this week and called on citizens to save energy as it warned of electricity shortages from next month due to tight coal supplies.
DOE sees adequate power supply during elections period
MANILA, Philippines — The Department of Energy (DOE) said Friday that there will be sufficient power supply during elections period, adding that it does not foresee any shortage in reserves in the first three weeks of May.
