Indonesia’s energy subsidies to rise this year: Finance Minister
Jakarta (ANTARA) – Finance Minister Sri Mulyani Indrawati said on Monday that the energy subsidies in the State Budget (APBN) are expected to increase this year.
Gulf Energy supports nuclear power, urges public education on
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.
Direct power purchase pilot project approved
The National Energy Policy Council (NEPC) has approved a pilot project that will allow businesses to purchase electricity directly from power producers. The move is a response to requests from foreign investors, particularly energy-intensive data centre operations, about the possibility of direct power purchase agreements (PPAs) that would help them better manage energy costs.
Auction for new renewable power plants planned
The Energy Regulatory Commission (ERC) is pushing ahead with an auction for new power plants under its second-phase 3.6-gigawatt renewables scheme, which is expected to draw more investors once some of its conditions are amended.
Sabah rejects proposed CCUS Bill, citing existing land laws
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
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.
Philippines DOE Announces Third Round Of Green Energy Auction For Non-FIT RE Technologies
In its commitment to harnessing renewable energy (RE) resources for energy security, the Department of Energy (DOE) in the Philippines is set to conduct the Third Round of the Green Energy Auction (GEA-3).
TotalEnergies to splash out $903 million on its gas footprint expansion off Malaysia
France’s energy giant TotalEnergies has set the wheels into motion to enrich its overall gas portfolio with more assets offshore Malaysia by inking a deal with Austria’s OMV to get its hands on a stake in SapuraOMV Upstream, a 50:50 joint venture between Sapura Energy and the Austrian firm, which works as a Malaysian independent […]
