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Can Coal & Renewables put the squeeze on Gas in APAC?

Rising gas prices, increased energy security and economic recovery at all costs pose risks to Asia’s power sector gas demand growth. GAVIN THOMPSON, VICE CHAIR, WOOD MACKENZIE ASIA PACIFIC Asia is the engine of global gas demand growth, with consumption expected to rise by an average of just under 3% a year over the next two decades. Gas demand will double in China and India by 2040, with its cleaner burnin ...

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MAN Energy Solutions and Wasco to drive Power-to-Gas Technology in South-East Asia

MAN Energy Solutions and Wasco have signed a Memorandum of Understanding (MOU) to promote and commercialize Power-to-X (PtX) projects in South-East Asia. The technology in question converts electricity into carbon-neutral synthetic fuels, gas or liquid, for use as a clean, carbon-neutral energy source. Due to travel restrictions triggered by the Covid-19 pandemic, the signing ceremony took place as a digita ...

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APAC Power generation to attract $1.5t of investment

Renewables penetration enters the transition era. Asia Pacific’s power generation sector could attract $1.5 trillion worth of investments over the decade ending 2030, according to Wood Mackenzie’s latest report. Solar and wind represent 66% or $1t investment opportunities in Asia Pacific through 2030, whilst fossil fuels, mainly coal and gas, make up the remaining $500b. Investments in renewables have overt ...

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Mitsubishi Power Rebrand begins

・ The rebrand signals the next stage in the company’s journey to grow as an energy solutions provider leading the decarbonization, digitization and delivery of reliable power globally.・ As a major wholly owned subsidiary of the Mitsubishi Heavy Industries Group, Mitsubishi Power will work even more closely with its sister companies to tap new verticals and build on investments in digital solutions, hydrogen ...

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US show interest in Vietnam gas-fired projects

Singapore — Vietnam's pipeline of LNG-fired power plants has seen a flurry of interest from US LNG exporters, with at least eight projects with preliminary agreements signed to date, which could turn the Southeast Asian country into a major destination for US natural gas if things go as planned. The recent rush is partly to make it into the country's National Power Development Plan VIII, which the ener ...

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Rolls-Royce Power Systems still profitable despite Covid-19

•       Rolls-Royce division with its MTU products and solutions posts an 11% fall in revenue •       Comprehensive package of early countermeasures shows favorable impact •       Crisis accelerates the division's transformation into a solution provider First-half financial results at Rolls-Roy ...

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Rolls-Royce launches Power Lab to drive future technologies

•       Power Systems establishes new company division for technology development  •       Emphasis on the decarbonisation of drive, propulsion and energy systems •       Fuel cell systems have been newly added to the portfolio Rolls-Royce with its Power Systems business has set up a new o ...

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Banpu Power Revenues Increase

SET-listed Banpu Power (BPP) saw a slight increase in sales revenue for the second quarter of 2020, helped by three combined heat and power plants in China. Profit fell 11% from the same quarter last year to 806 million baht on total sales revenue of 1.06 billion baht because of the changing price of coal. BPP maintained gross profit of 12% while the average cost of coal for the quarter was at 540 yuan ...

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Two-Stage ‘Ecocharge’ Turbocharging Pushes Gas Engine to World’s Highest Class Efficiency

PBST has announced that Kawasaki Heavy Industries’ (KHI) new type KG-18-T gas engine, equipped with its two-stage-turbocharging ‘Ecocharge’ system, has recorded the world's highest class power generation efficiency of 51% with Japanese standard city gas. Designed for power applications, the KG-18-T’s Ecocharge solution consists of 1 × PBST TCX23 and 1 × PBST TCA66 turbochargers that have improved  ...

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Philippines compete for $3 Trillion energy investment

The Philippines will be up for a tough competition against neighbor-countries in Southeast Asia for the next round of estimated US$3.0 trillion energy investments in the region, but Energy Secretary Alfonso G. Cusi said the country preps on improving investment climate so it could corner a pie of that capital. The US$3 trillion capital spend for ASEAN had been based on the calculation of the International E ...

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