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Rethinking Energy in Southeast Asia

In Indonesia, the power systems face a wide range of issues that make commitments to lowering carbon emissions and transitioning to renewables all the more challenging. Find out how PLN, Indonesia’s state electricity company, is managing the power supply that fuels the largest economy in Southeast Asia and why flexibility is so vital to the power systems. Solving both old and new challenges with more flexib ...

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The road to greener hydrogen

 Hydrogen now isn’t everything that hydrogen could be ~ Whether hydrogen fuel holds the key to delivering widespread renewable power remains under heavy debate. What cannot be argued is the shear investment that backers are putting into the energy source — as much as 470 billion euros by 2050. When sceptics protest hydrogen’s potential, as both an effective and eco-friendly fue ...

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Strong Vision towards Carbon Neutrality Brings NEFIN and Mondelēz International Together

The leading solar photovoltaic developer and investor in carbon neutrality solutions, NEFIN Group, and leading global snacking company, Mondelez International, signed a Power Purchase Agreement today to kick-off a meaningful partnership allowing the over 7000 sq.m. Mondelēz manufacturing facility in Thailand to embrace clean energy. Left: Jirapong Jaroensri, Plant Manager, Mondelēz International ( ...

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Perstorp to set science-based emission reduction targets in line with Paris agreement

Perstorp Group, a world leader in chemical innovation, has committed to setting science-based targets to reduce greenhouse gas emissions, in line with the Paris Climate Agreement. With ambitions to become the number one sustainable solutions provider within prioritized markets, Perstorp Group has already committed to becoming Finite Material Neutral. Now, the global chemical company has announced its commit ...

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Zhongyu Gas bucking the trend in 2020 with a low-carbon economy conducive to future growth

 In the past year, the global economy was hardly hit by the impact of COVID-19. In the first quarter of 2020, various localities suspended work and production due to the pandemic, resulting in a sharp decrease in industrial and commercial gas demand. However, after the resumption of work in full swing, the upstream price reduction policy was basically completed, and the retail prices of natural gas beg ...

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Trung Nam Group inaugurates wind power plant in Vietnam

Vietnamese construction company Trung Nam Group has inaugurated a wind power plant in the Thuận Bắc district of Vietnam's Ninh Thuận province. Combined with the 204MW solar power plant, the new facility is said to be the largest solar and wind power complex in Vietnam. Credit: Trung Nam Group. Vietnamese construction company Trung Nam Group has inaugurated a wind power plant in the Thuận Bắc district of Vie ...

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Financing the world’s energy transition: The full picture in 5 charts

Countries, companies, and banks are pledging their commitment to a rapid energy transition by 2050, dependent on a full-scale shift in what energy the world relies on. But how is the energy transition actually getting financed?  A new report from the University of Oxford paints a mixed picture; while coal is feeling the pinch, and many renewable energy sectors are growing rapidly, oil and gas financing has ...

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Philippines touted as 2nd best investment destination for renewables in SE Asia

THE Philippines is the second best investment destination for renewable energy (RE) in Southeast Asia with resources that can generate up to 3,000 gigawatts (GW), and a “highly-liberalized” active spot market, according to a report from HSBC Global Research. In deciding the rankings, the independent research house considered the entry barriers and regulatory environments of six Southeast Asian countries. Th ...

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Climate change: Carbon ‘surge’ expected in post-Covid energy boom

image captionCoal-fired power stations like this one in Guizhou province, China are expected to play a role in the carbon surge The International Energy Agency (IEA) is predicting a major surge in CO2 emissions from energy this year, as the world rebounds from the pandemic. Total energy emissions for 2021 will still be slightly lower than in 2019, the agency says. But CO2 will rise by the second largest ann ...

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Scientists say Northeast Asian supergrid would spark an ultra-cheap renewable energy boom

Chinese scientists have proposed the construction of a “super grid” that would connect Northeast Asia’s major economies and make renewable energy as cheap as coal, they say. China, Russia, Mongolia, South Korea, North Korea and Japan would all be connected. The region currently consumes a third of the world’s electricity, with demand set to double by 2050. According to the study, published this week in the ...

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