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Thailand prepares $93 bln for energy plans to curb carbon emissions
News

Thailand prepares $93 bln for energy plans to curb carbon emissions

To achieve its carbon reduction targets, Thailand is formulating five major energy plans with a total investment of 2.9 trillion baht (about 93 billion USD). Over 50% of this budget will be allocated to renewable and alternative energy.
September 26, 2024
Tripling renewables, doubling efficiency are ‘feasible’, says IEA
News

Tripling renewables, doubling efficiency are ‘feasible’, says IEA

IEA released a new report indicating that the goals supported by countries at COP28—such as doubling renewable energy capacity and increasing energy efficiency by 100% by the end of 2030—could be achievable with the right enabling conditions.
September 25, 2024
Singapore’s cross-border deal reveals obstacles of ASEAN power grid
News

Singapore’s cross-border deal reveals obstacles of ASEAN power grid

Singapore announced that the second phase of the project will expand, with plans to import an additional 100 MW of electricity from Malaysia. However, unexpectedly, this electricity may not necessarily be renewable.
September 24, 2024
Jokowi urges immediate reforms in Indonesia’s geothermal permit delays
News

Jokowi urges immediate reforms in Indonesia’s geothermal permit delays

Indonesia possesses rich geothermal resources, with a goal of increasing geothermal power generation capacity to 10.5 GW by 2035. However, development has been slow, and to meet this target, an annual increase of 700 MW to 800 MW will be necessary.
September 24, 2024
Climate targets on the rise, but not include Berkshire Hathaway, Tesla, says survey
News

Climate targets on the rise, but not include Berkshire Hathaway, Tesla, says survey

The latest annual report from the international Net Zero Tracker indicates that the number of entities setting net-zero targets continues to rise at regional, city, and corporate levels. However, over 40% of entities have not taken any action, including e
September 23, 2024
Microsoft’s nuclear power deal propels Three Mile Island restart
News

Microsoft’s nuclear power deal propels Three Mile Island restart

Constellation Energy recently announced a power purchase agreement with Microsoft to prepare for the restart of the Three Mile Island nuclear plant. However, the plan has not yet received approval from federal, state, and local governments.
September 23, 2024
Vietnam’s mangroves, seaweed offer huge blue carbon potential
News

Vietnam’s mangroves, seaweed offer huge blue carbon potential

With a coastline extending over 3,000 kilometers, Vietnam, blessed with a unique geographical environment, is actively exploring new opportunities in blue carbon.
September 20, 2024
Can the Fed’s rate cut spark growth in renewable energy?
News

Can the Fed’s rate cut spark growth in renewable energy?

The Federal Reserve slashed interest rates by 50 basis points and suggested further reductions to come. The news immediately reverberated in the U.S. stock market, significantly boosting solar energy stocks.
September 19, 2024
Virgin Australia becomes first foreign airline to adopt Pertamina’s SAF
News

Virgin Australia becomes first foreign airline to adopt Pertamina’s SAF

Indonesia's aviation industry has recently made significant strides in the field of sustainability. The state-owned oil company Pertamina has supplied sustainable aviation fuel (SAF) for the first time to foreign airlines.
September 19, 2024
Air taxis have high costs and emissions, not useful for energy transition – researchers
News

Air taxis have high costs and emissions, not useful for energy transition – researchers

Air taxis and other electric vertical take-off and landing vehicles (eVTOLs) are not useful mass transport technologies for the energy transition, according to a report by the Leibniz Centre for European Economic Research (ZEW).
September 18, 2024
Singapore companies face 'minimal impact' from carbon tax hike: Survey
News

Singapore companies face 'minimal impact' from carbon tax hike: Survey

Starting this year, Singapore has increased its carbon tax to SGD 25 per ton (about 19 USD) and announced plans for further increases, aiming to encourage companies to accelerate their carbon reduction efforts.
September 18, 2024
Thailand's largest cement producer commits $6.3 billion to green transition
News

Thailand's largest cement producer commits $6.3 billion to green transition

Thailand's largest cement producer, Siam Cement Group (SCG), plans to invest THB 200 billion (about 6.3 billion USD) over the next five years to enhance the competitiveness of its subsidiaries, SCG Chemicals and SCG Cleanergy.
September 18, 2024
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