Egat mulls more LNG imports amid low prices
The state-run Electricity Generating Authority of Thailand (Egat) is studying the feasibility of a third importation of liquefied natural gas (LNG) in order to take advantage of the baht’s appreciation and low gas prices in the global market. Tawatchai Jakpaisal, Egat’s deputy governor for fuel, said the third shipment for LNG is planned at roughly […]
Myanmar generates about 3,200 megawatts of electricity now
Myanmar is generating about 3,200 megawatts of electricity at the present, according to figures from the Ministry of Electricity and Energy. The maximum electricity production is 3,199 megawatts of electricity on January 29 and it only produced 3,649 megawatts of electricity on November 19 last year. It is less than 450 megawatts compared with the […]
Indonesia to set cheaper coal prices for future gasification plants -minister
Indonesia plans to set cheaper prices for coal to be sold to future gasification facilities as part of incentives for investors, Energy and Mineral Resources Minister Arifin Tasrif told reporters. The government is promoting the development of the coal gasification industry to take advantage of Indonesia’s large coal output and is offering incentives to attract […]
Struggling to keep the lights on
The government pledged that this year all villages in the country would be electrified and at least 70 percent would have access to reliable energy sources within 10 years. Its policy is to attract energy investment that can help provide efficient, trustworthy power and lower tariffs. After many power cuts in 2019, the government is […]
ASEAN sustainable finance: A huge gap means a huge opportunity
The United Nations Sustainable Development Goals (SDGs) represent our best hope of tackling the most serious challenges facing our societies and our planet. At the recent World Economic Forum (WEF) Annual Meeting in Davos, the imminent need to tackle climate change and sustainability issues dominated discussions across all sectors with public, private and non-governmental organization […]
Outside Looking In – UK investment set to power up Việt Nam’s renewables programme
Brian Spence explains how his old and new homelands are increasingly converging in the investment sphere, particularly in renewable energy. S&P Investments takes a genuinely global view as an M&A broker, and we naturally have strong links to the UK due to my having spent decades in the financial services sector before making Việt Nam […]
Energy Ministry keen to maintain subsidies for biofuels
The Energy Ministry plans to revoke the seven-year time frame for terminating the subsidies for biofuels, expecting to amend the State Oil Fund Act of 2019 within two years. Viraphol Jirapraditkul, director of the Energy Fund Administration Institute (EFAI), said Energy Minister Sontirat Sontijirawong told the Prime Minister’s Office to consider amending the revised act to […]
World Bank Issues its First ‘Green Loan’ For Environmental Businesses in Vietnam
A division of the World Bank has just made its first so-called “green loan” to a bank in Vietnam, meant for businesses to help with environmental problems in a nation that has one of the world’s highest emissions rates relative to its economy. Vietnam has a fast growing economy but also has a fast growing […]
