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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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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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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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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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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The Sui Southern Gas Company Ltd (SSGCL) on Monday announced that it will suspend gas supplies to all the CNG stations across Sindh and Balochistan from midnight Sept 14 for four days. The company said supplies to CNG stations will be restored from 8am (Sept 18). The decision to suspend gas supply to CNG outlets was taken due to dry-docking…
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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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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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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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The Water and Power Development Authority (Wapda) has reportedly allowed Power China to participate in its tenders despite terminating the contract of 128 MW Keyal Khwar Hydro Power Project (KKHPP). Official documents and informed sources revealed to Business Recorder that Wapda issued the civil works, ie, hydro steel works of 128 MW KKHPP to M/s Sinohydro – Hajvairy JV on August 28,…
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