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Renewable energy can meet 10% of power demand without govt subsidies

Renewable energy sources can generate up to 10 per cent of Singapore's power demand by 2020, compared to less than 1 per cent today. According to a white paper released by the Sustainable Energy Association of Singapore (SEAS), this potential can be achieved without government subsidies but requires an estimated S$4 billion investment from the private sector over the next 12 years. The association currently ...

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LNG exporters spot chance to make hay while China shivers

SEVERE winter gas shortages in northern China have been forecast to continue until at least 2020, raising the potential for Australia's burgeoning LNG export industry to tap surging seasonal demand for increased spot cargo deliveries at higher pricing levels. According to global energy consultant Wood Mackenzie, winter residential demand in some northern Chinese cities will increase by up to tenfold from no ...

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ADB to help Uzbekistan build Central Asia’s first solar power plant

The Asian Development Bank (ADB) will provide a loan totaling US$110 million for a 100-megawatt solar power plant in Samarkand, Uzbekistan that will promote large-scale solar energy development in the country. "This project will be the largest of its kind in Central Asia and one of the largest in the world," ADB President Takehiko Nakao said during the 6th meeting of the Asia Solar Energy Forum in Tashkent ...

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Cutting-edge coal plants planned in Fukushima

A Japanese utility plans to construct two cutting-edge coal power plants in Fukushima, an area severely hit by the 2011 nuclear disaster, a report said on Saturday. Tokyo Electric Power Co (TEPCO), the cash-strapped operator of the crippled Fukushima Daiichi nuclear plant, and three Mitsubishi group companies are seeking to open the new facilities as early as 2020, the leading Nikkei business daily said. Th ...

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Realising the True Power of Water in Asia

Water and power generation are inseparable. Fossil fuel-fired power stations require a reliable, consistent stream of treated water to operate effectively. Wastewater streams generated from the combustion of coal need adequate treatment before being discharged. GWI’s new primary research report, Water for Power, focuses on the opportunities for companies to provide water and wastewater treatment solutions i ...

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Asian Stocks Rise After Yen Drop, Iran Nuclear Agreement

Asian stocks rose, with the regional benchmark index rebounding from last week’s drop, as the yen weakened, Iran agreed to limit its nuclear program and investors bet improving U.S. economic data will boost earnings. Nikon Corp advanced 3.6 percent as the yen touched the weakest level in almost six months against the dollar, boosting the outlook for Japanese exporters. Warrnambool Cheese & Butter Factor ...

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Singapore keen on importing shale gas from US

Singapore is keen on importing shale gas from the United States, and Prime Minister Lee Hsien Loong raised the issue during his visit to the White House earlier this year. Foreign Affairs and Law Minister K Shanmugam revealed this during a dialogue session at the South Asian Diaspora Convention on Thursday. He was replying to a question on the impact of the US discovery of shale gas on the region. Shale gas ...

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ADB to Help Samoa Boost Energy Security and Hydro Electricity

The loan provided under the Asia-Pacific Disaster Response Facility will help Samoa rebuild hydropower plants, thereby reducing the country's reliance on fossil fuels Samoa will reduce its reliance on fossil fuels and improve its energy sector's resilience to future natural disasters with a 23.8 million project funded by the Asian Development Bank (ADB) to rehabilitate three small hydropower plants on Upolu ...

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S.Korea’s nuclear power safety should be improved -int’l body

The safety of South Korea's nuclear reactors "should be improved significantly", although no immediate actions are needed, an international nuclear safety evaluation body said after completing a five-month review of the country's reactors. Seoul has been hit with a series of nuclear safety scandals since late 2012, when certificates supplied for some reactor parts turned out to be fake. Some reactors have b ...

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Official: 6 weeks to restore power to typhoon zone

Philippine Energy Secretary Jericho Petilla says it may take six weeks before the first typhoon-hit towns get their electric power back.   Speaking at Cebu airport Wednesday night, Petilla said many transmission lines had been toppled and power plants damaged from Typhoon Haiyan. Petilla said that in the hard-hit coastal city of Tacloban, order needed to be restored "because if there's no peace and ord ...

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