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JAKARTA, Sept. 9 (Xinhua) — The Indonesian Ministry of Energy and Mineral Resources will make it easier for investors to develop geothermal energy in the archipelagic country through various innovational breakthroughs. The facilities include the issuance of law on geothermal energy, which facilitates development of geothermal power plants in production forest areas, protected forest areas and conservation forest areas.
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The Ministry of Energy and Mineral Resources, through innovations and breakthroughs within existing regulations, has made it easy for contractors and investors to develop geothermal energy in Indonesia.
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The Provincial Electricity Authority (PEA), a state power distribution arm, has announced a five-year capital spending plan of 200 billion baht to improve services nationwide and move towards smart technology. Governor Sompong Preeprem said the plan will turn the PEA into a “digital utility provider” that can manage electricity trade on an online platform under its smart grid and meter project to seize the prosumer technology trend.
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On August 31, 2020, Nissan Motor Thailand reportedly announced to its dealers in a letter, stating that production and distribution of the Nissan Sylphy, Teana and X-Trail models will end on September 1. According to the Bangkok Post, the company plans to focus on subcompact cars, small MPVs, commercial vehicles, and electrified vehicles. Dealers were also advised to stop publicity campaigns and “destroy” promotional materials of the Sylphy, Teana and X-Trail once they sold out.
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MANILA, Philippines — Households and firms in areas serviced by Manila Electric Co. (Meralco) will see lower electricity bills for the fifth straight month in September. A typical household consuming 200 kilowatt per hour (kWh) will save “around P12” in their power bills this month with the decline in both generation and transmission charges, Meralco said in a statement on Wednesday.
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KUALA LUMPUR, Sept 9 — Tenaga Nasional Bhd has given electricity bill discounts worth RM1.67 billion to about seven million domestic users as of August 31, says Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. Of the total, 83 per cent was utilised by domestic users, he said in the 20th Laksana report on the Prihatin Rakyat Economic Stimulus Plan (Prihatin) and National Economic Recovery Plan (Penjana) issued here today.
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The Philippines may eventually open up to nuclear power to meet increasing demand for energy, possibly displacing coal-fired power generation plants over the long haul, think tank Fitch Solutions said. “Nuclear power will offer an effective solution to meet the country’s rising power demand over the coming decade, particularly as coal-fired power—which Philippines has largely turned to—comes under increasing environmental oppositions,” Fitch Solutions said in a research note dated Sept. 4.
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CRUDE oil price would remain under pressure on concerns that demand would recover slower than expected as an increase in supply fades optimism of falling crude and fuel inventories. The Brent crude contract for November delivery was trading at US$42 (RM174.72) a barrel, down 66 cents or 1.62% (at the time of writing) as Saudi Arabia cut the price of supply to Asia. The West Texas Intermediate (WTI) contract for October delivery skidded 69 cents or 1.76%, to US$39 a barrel on fears of loosening OPEC+ compliance, the end of the US driving season and stale long positioning combined to erode confidence in oil.
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.
