Malaysia to cut reliance on petroleum revenues
Malaysia is seeking to reduce its reliance on oil and gas revenues, forecasting a near 25pc fall in total petroleum revenues to 37.8bn ringgit ($9.2bn) next year as the Covid-19 pandemic continues to batter global crude prices.
Start of 140 MW with three new geothermal plants in Indonesia pushed to first half of 2021
Effected by the pandemic, geothermal development in Indonesia sees some delay with the addition. of three new plants scheduled for 2020 now being pushed to the first half of 2021. The three plants, Rantau Dedap, Sorik Marapi Unit 2 and Sokoria Unit 1 have a combined capacity of 140 MW.
Economists urge green policies, incentives toward sustainable economy
The government needs to issue fiscal measures such as cutting fossil fuel subsidies and providing renewable energy incentives to slow climate change and to ensure sustainable post-pandemic development of the economy, experts say.
Tok Pa: Putrajaya to scrutinise National Energy Policy to determine path forward for energy sector
KUALA LUMPUR, Nov 11 — The government will undertake a study on the National Energy Policy (NEP) to determine the policies and the long-term strategies for the nation’s energy sector.
Philippines bans new coal-fired projects
By declaring a moratorium on the construction of greenfield coal power plants in a statement issued on 27 October, the Philippines has announced intent to follow other Asia Pacific countries into a green future.
Explainer: How hydropower dams can help ASEAN fight climate change
Dams are infrastructures built to control river flow and store large amounts of water in artificial lakes or reservoirs.
Australia’s Northern Territory eyes ‘electricity superhighway’ to enable renewables integration
The development of long-distance transmission links that could support the creation of renewable energy zones in Australia’s Northern Territory (NT) is being explored by the local government.
29.5 MW Bacon-Manito geothermal expansion recognised as project of national significance
Bacman Geothermal Inc., a subsidiary of EDC in the Philippines, has received recognition of its 29.5 MW Bacon-Manito geothermal expansion project as project of national significance. The project is in pre-development phase.
