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Global2
February 04, 2025
ASEAN eyes SMRs for energy transition while facing three key barriers
As part of their energy transition efforts, many ASEAN countries view small modular reactors (SMRs), which have a lower electricity output, as a transitional energy solution. Indonesia has made the most progress, with 29 potential sites already confirmed.
February 04, 2025Thailand partners with oil companies, university to raise carbon tax awareness
To increase public awareness of the carbon tax, the Thai government has teamed up with Chulalongkorn University and two major oil companies.
February 04, 2025Could China provide the renewable energy investment Indonesia needs?
Despite pledges for greater cooperation, obstacles hinder the rapid expansion of renewable energy investment.
February 03, 2025Thailand's EGCO commits 836 million to expend energy markets including renewables
The Electricity Generating Authority of Thailand (EGTA) announced on Feb. 13, 2024, that its subsidiary, EGCO Group, is planning to invest 30 billion Thai Baht (about 836 million USD) this year. This investment is aimed at adding 1,000 MW of electricity g
January 31, 2025Key carbon market trends to watch in 2025
Global carbon emissions are expected to reach a new high in 2024, while the growth of the carbon credit market has stalled. However, the outlook for 2025 remains optimistic, as countries and companies continue to raise their emission reduction targets.
January 24, 2025Indonesia bolsters EV battery ties with Japan, South Korea amid U.S.-China tariff risks
In response to U.S. President Trump’s threat of higher tariffs on Chinese companies, Indonesian battery manufacturers with close ties to Chinese firms are expanding their partnerships with other countries.
January 24, 2025Thailand launches Utility Green Tariff, offering 2 billion kWh for SMEs
To encourage businesses to use renewable energy, Thailand has officially launched the Utility Green Tariff (UGT), setting the rate at 4.21 THB per kWh (about 0.12 USD), slightly higher than the current rate for conventional electricity.
January 24, 2025ExxonMobil commits $10 billion to Indonesia’s first large-scale CCS plant
Indonesia's state-owned electricity company PLN revealed that the cost of carbon storage is still much higher than setting up renewable energy power plants. However, PLN remains optimistic about the long-term economic benefits.
January 24, 2025Indonesia’s Lake Poso faces biodiversity crisis amid rising deforestation
The forests around the ancient Lake Poso in Indonesia’s Central Sulawesi province are being lost to mining, oil palm plantations and smallholder farm expansion, threatening both unique species and local residents.
January 23, 2025Oil giants criticize Trump’s climate move as hindering clean energy push
U.S. President Donald Trump immediately announced the withdrawal from the Paris Agreement. However, some oil and gas industry leaders have expressed concerns that this move does not help their push for clean energy investments.