Impact of high energy costs on the economy
The Philippines is recognized for its rich cultural heritage and its rapidly growing economy. However, we face a significant challenge that threatens our progress: the high cost of electricity. This issue affects businesses, goods production and consumers alike, creating a ripple effect throughout the economy.
Singapore closely studying new geothermal technologies and overseas plants
SINGAPORE – As Singapore’s search for clean energy heats up, the authorities here are digging deep, literally, to explore whether underground heat can be harnessed to power the nation.
Indonesia to Build Solar Power Plants in Maluku Province
TEMPO.CO, Jakarta – Indonesia’s Ministry of Energy and Mineral Resources is seeking to provide power to underdeveloped, frontier, and outermost (3T) areas by building centralized solar power plants (PLTS) in Maluku Province.
Expert: there is no cheap clean electricity
Solar power systems can generate electricity for no more than four hours a day and wind power is unstable, which means that clean electricity will not be cheap, according to Bui Xuan Hoi, a respected energy expert.
Indonesia’s Medco Energi keeps 2024 production guidance
Indonesia’s PT Medco Energi Internasioanl was keeping its 2024 oil and gas production guidance at 145,000 to 150,000 barrels of oil equivalent per day, despite output being above guidance in the first half, an executive said on Monday.
Pertamina and Hyundai join forces for hydrogen in Indonesia
In a strategic move to accelerate the energy transition, Indonesia’s state-owned energy giant, PT Pertamina, has announced a new partnership with Hyundai Motor Asia Pacific HQ aimed at establishing a robust hydrogen ecosystem in Indonesia.
EDL Addresses Public Concerns Amid Increasing Power Blackouts in Laos
Electricite Du Laos Responds to Criticism, Assures Steps to Address Electricity Demand As Laos grapples with scorching heat waves, Electricite Du Laos (EDL) has faced mounting criticism over the persistent power outages plaguing the nation. However, in a recent statement, the state electricity corporation has sought to reassure the public, emphasizing its commitment to resolving […]
EDP Collaborates with Microsoft on Largest Photovoltaic Solar Energy Portfolio in Singapore
Microsoft will purchase 100 percent of the renewable energy exported to the grid from EDP Renewables’ SolarNova 8 project in Singapore. Long-term contract supports the development of new solar projects and contributes to Microsoft’s goal of achieving 100% renewable energy.
