- Energy Economy
6 November 2020
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- Lao PDR
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Singapore — Vietnam’s seaborne thermal coal traders are optimistic the country’s fossil fuel consumption will continue to rise through 2021 amid burgeoning demand for electricity production at the lowest cost, despite the funding and regulatory challenges that loom for new coal-fired power plants, market sources said Nov. 6.
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The ASEAN Centre for Energy (ACE) and the World Coal Association (WCA) have today signed a 3 year MOU under the new leadership of both organisations, in recognition of the strategic importance of the ASEAN region.
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Aboitiz Power Corp. has been on a pivot toward renewable energy and away from coal-based electricity generation—even before the Department of Energy (DOE) announced a moratorium on greenfield coal projects—and is now even considering natural gas as an added boost for recovery from the pandemic.
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Meralco PowerGen Corporation (MGen) is aiming to invest in renewable energy (RE) technologies generating a total of 2,000 megawatts (MW).
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Santa Claus will soon be knocking on Filipino homes, but for the Bicol region, the Department of Energy (DOE) cannot give an assurance yet if they can have “literally bright Christmas” because the restoration of power supply in the typhoon-devastated areas is still uncertain.
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In the Southeast Asian nation of Myanmar, a 16MW gas-powered plant has been installed to ensure reliable energy supply.
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
