News Clipping Archive - Page 929 of 1344

Oil & Gas

Oil price slump a double-edged sword for Indonesia, Sri Mulyani says

9 March 2020

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Indonesia

Low oil prices may be a double-edged sword for Indonesia after Saudi Arabia started a price war with Russia by slashing its selling prices and pledging to boost supply amid falling demand due to the coronavirus outbreak. Finance Minister Sri Mulyani Indrawati said on Monday that the current price war amid the weakening economy due to the outbreak may benefit Indonesia’s imports as a result of lower oil prices. Brent crude futures fell by the most since 1991 on Monday, by US$14.25 or 31.5 percent to $31.02 per barrel.

Oil & Gas

Indonesia aims to double gas production by 2030 with major projects in pipeline

9 March 2020

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Indonesia

Electricity/Power Grid

Powering Vietnam

9 March 2020

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Vietnam

As they step up efforts to combat climate change, many countries are pursuing an energy transition to reduce carbon emissions and develop renewable sources. Vietnam is no exception. And while more renewables may be desirable, there will still be room in Vietnam’s energy mix for fossil fuels as long as they are clean, according to Dang Huy Dong, the president of the Planning and Development Institute of Vietnam.

Bioenergy ,
Electricity/Power Grid

MCWM plans to build waste-to-energy facility

9 March 2020

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Philippines

MANILA, Philippines — The unsolicited proposal of Metro Clark Waste Management Corp. (MCWM) to build a waste-to-energy facility is expected to address the worsening garbage problem in the Philippines. MCWM, the operator of the country’s first engineered sanitary landfill, has yet to receive a response from Bases Conversion and Development Authority for its proposal to build a $210-million waste-to-energy facility.

Electricity/Power Grid

Expert asks for frequent adjustment of electricity prices

7 March 2020

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Vietnam

HÀ NỘI — Electricity prices should be adjusted more frequently to better promote market competitiveness, said Trần Đình Long, Vice President of the Vietnam Electricity Association. Long spoke at a seminar on electricity retail prices yesterday in Hà Nội, saying: “There should be more adjustments of prices than now. The adjustment of electricity prices after two years puts pressure on new prices, shocking the economy.”

Energy Efficiency

Malaysian Home Buyers Keen On Solar Solutions And Smart Cooling

5 March 2020

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Malaysia

“The majority (63%) of Malaysians are thinking ahead and prioritising environmentally sustainable features, with solar panels (70%), smart cooling systems (59%) and pollution-absorbing interiors (40%) highest in demand,” says Sheldon Fernandez, Country Manager, PropertyGuru Malaysia.

Energy Policy ,
Renewables

Young PAP launches position paper on climate change outlining six areas for improvement

5 March 2020

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Singapore

SINGAPORE – The youth wing of the People’s Action Party (PAP) on Thursday (March 5) released a position paper on climate change which outlined six areas that Singapore could improve on in its sustainability drive. The suggestions outlined in the 20-page paper tackle various aspects of climate change, which the authors say will led to warming temperatures, rainfall shortage and biodiversity loss in Singapore.

Renewables

Vietnam operates 24,300 rooftop solar power projects

5 March 2020

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Vietnam

Hanoi (VNA) – As many as 24,300 rooftop solar power projects with a total capacity of 465.8 MWp have been installed and put into operation by early March, according to the Electricity of Vietnam (EVN). The group said its National Load Dispatch Centre (NLDC) mobilized 1.8 kWh of electricity from renewable energy projects in the first two months of 2020, accounting for nearly 5 percent of the total power production.

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