Indonesia sees product demand up 160,000 b/d by 2026
Indonesia expects domestic oil product demand to increase by 12pc or around 160,000 b/d by 2026, but an expansion of refinery capacity should eliminate the need for imports. Indonesia imported 24.7mn kilolitres (425,000 b/d) of oil products last year, meeting 33pc of demand. Its domestic refineries accounted for other two thirds of requirements, with output of […]
Virus-hit Indonesian thermal coal prices could start slow recovery in Q3: sources
Singapore — Indonesian thermal coal prices, which are grappling with the economic fallout from the coronavirus pandemic, could start to slowly recover from September onwards as market sentiment improves and demand picks up, sources told S&P Global Platts June 5.
Natural gas will continue to be S’pore’s dominant energy source in 2030: Chan Chun Sing
The government aims to expand our solar energy capabilities by 2030 and is exploring opportunities to import clean energy from our neighbouring countries, said the Minister for Trade and Industry, Chan Chun Sing. In a written response on Thursday (June 4), Chan responded to a question filed by Nominated Member of Parliament Anthea Ong about the […]
Single-axis bifacial PV offers lowest LCOE in 93.1% of world’s land area
A group of scientists from the Solar Energy Research Institute of Singapore has showed that combining bifacial panels and single-axis trackers is the best way to achieve the lowest levelized cost of energy in solar power projects based on crystalline silicon technology. In the study Global Techno-Economic Performance of Bifacial and Tracking Photovoltaic Systems, published in Joule, the […]
Electricity discount has been switched off
Yesterday the Ministry of Energy announced that the national electricity discount from March to May, which differed based on the amount of electricity used and size and type of the venue, has ended and will not be renewed. But, at best, the discount was merely a perfunctory political gesture, not a useful saving for most […]
Experts in energy and clean energy suggest renewable energy businesses take the opportunity
Informa Markets, an organiser for the ASEAN SUSTAINABLE ENERGY WEEK (ASE), ASEAN’s largest and most comprehensive renewable energy, environmental and energy efficiency exhibition, in collaboration with the Joint Graduate School of Energy and Environment King Mongkut’s University of Technology Thonburi (JGSEE), organised a Webinar on “Impact of COVID-19 Pandemic on the ASEAN Energy Sector” brain storming ideas from experts in […]
BCPG cuts capital spending for 2020
SET-listed BCPG, a renewable power generation arm under Bangchak Corporation, has cut capital expenditures for this year to between 8-15 billion baht, says president and chief executive Bundit Sapianchai. The amount was initially set at 20 billion baht in February, but because of the impact of lockdown measures, particularly travel restrictions, the reduced spending is […]
Renewable energy giants in Thailand forecast big rise in profits
BANGKOK (The Nation/ANN): Thai renewable energy generators BCPG and TPI Polene Power forecast their profits will grow this year despite the economic impact of the Covid-19 pandemic. Thai renewable energy generators BCPG and TPI Polene Power forecast their profits will grow this year despite the economic impact of the Covid-19 pandemic.
