LNG-to-Power Project, $30 Billion in Offshore Wind Targeted for Vietnam

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Power generation projects both thermal and renewable continue to be announced for Southeast Asia, with Vietnam taking a lead role with both onshore and offshore power generation installations. Details of a large liquefied natural gas (LNG)-to-power project were announced Sept. 13, just days after the country’s T&T Group and Denmark’s Ørsted said they are prepared to invest $30 billion support…

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US LNG feedgas demand suggests near full utilization as Nicholas drenches Texas

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Total feedgas deliveries to US LNG export terminals hit its highest level in four months Sept. 12 at 11.3 Bcf/d, based on nominations for the morning cycle; the total Sept. 13 was just shy of that level, at 11.29 Bcf/d, S&P Global Platts Analytics data show. Strong demand in Asia and Latin America was buoying markets. Asian spot LNG prices…

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Guest post: How world’s coal-power pipeline has shrunk by three-quarters

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There is now a broad consensus that unabated coal power generation must be rapidly phased out if the goals of the 2015 Paris Agreement are to be met. The Intergovernmental Panel on Climate Change (IPCC) sees coal use falling by around four-fifths this decade on a 1.5C pathway. The International Energy Agency roadmap for 1.5C says unabated coal power should…

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Coal handling capacity to increase at Port Qasim

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To coincide with the pace of growth in the cement industry, Pakistan International Bulk Terminal (PIBT) has announced it plans to increase its coal-handling capacity at Port Qasim in Pakistan at a ‘marginal cost’ of up to US$70m over 2-3 years. The increase in demand for imported coal is primarily attributed to economic recovery driven by the relief measures taken…

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Wapda records highest peak-hour hydel generation at 8,854MW

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The Water and Power Development Aut­hority (Wapda) says it recorded 8,854 megawatts of hydel power generation on Sunday night — the highest peak-hour hydel generation of the year so far, and 1,277MW more than the level achieved on the same day last year. The generation included 4,926MW by the Tarbela hydel power station, which is 38MW more than the ins­talled…

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Cheaper winter tariff approved for electricity consumers

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The Cabinet Committee on Energy (CCoE) on Monday approved cheaper winter tariff for electricity consumers on incremental consumption and cleared a controversial payment of about Rs131 billion to 11 independent power producers (IPPs) of the 2002 power policy — barring Nishat Chunian. The meeting, presided over by Planning Minister Asad Umar, also cleared the Pakistan Oil Refining Policy, 2021, with…

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After Pak Army’s security cover: Suspension of work at Dasu project worries Wapda

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Following the subversive activity by anti-CPEC forces on July 14, Wapda has provided the signature of Pakistan’s regular Army at the Dasu Hydropower project’s site and upgraded its security apparatus up to the satisfaction of Chinese government, but even after almost two months, China’s Gezhouba Group Corporation (CGGC) has not started construction work, which is questionable.Gezhouba also suspended its construction…

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China’s hydro storage plan aims to boost renewable energy use

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China released a plan on Thursday that sets out measures to develop its pumped hydro storage system by 2035, in an effort to boost renewable energy consumption and ensure stable grid operation. It aims to launch more than 62 gigawatts (GW) of pumped hydro storage in 2025 and 120 GW in 2030, while establishing globally competitive companies that use advanced…

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Global hydropower industry launches ESG standard to attract investors

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LONDON, Sept 8 (Reuters) – The Hydropower Sustainability Council (HSC) has launched an environmental, social and governance (ESG) performance standard to enhance transparency in the industry and give investors more confidence in backing new projects, it said on Thursday. Hydropower supplied one sixth of global electricity in 2020 but new projects have slowed, partly due to lengthy permitting processes, risks…

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