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

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 offshore wind power development for Vietnam. T&T Group, a multi-industry conglomerate, on Monday said the company had a memorandum of understanding (MOU) with Malaysia’s JAKS Resources Berhad, with the companies…

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

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 rose Sept. 13 above $21/MMBtu, in part due to persistent global supply uncertainty. As of early afternoon Sept. 13, there were two tankers moored at Freeport LNG, south of Houston,…

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

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 end by 2030 in advanced economies and by 2040 globally. A pivotal first step is ensuring no new coal-fired power stations are built. UN secretary general António Guterres is calling…

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Coal handling capacity to increase at Port Qasim

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 by the Government of Pakistan (GOP) to mitigate the effects of COVID-19, which include a favourable package for construction, lower interest rates and subsidised loans for housing by the government.…

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

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 capacity of 4,888MW. “Last year (Sept 12 night), our maximum hydel generation was 7,577MW that we surpassed on Sept 12 night of 2021 by generating 8,854MW,” Wap­da Chair­man retired Lt…

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SSGC announces four-day gas suspension for CNG outlets

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 (change of FSRU at Engro Terminal) that would take place from Sept 14 to 17. As a result, SSGC’s RLNG intake would be reduced from 150 to 75mmcfd. Domestic and…

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Cheaper winter tariff approved for electricity consumers

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 certain conditions to reduce incentives for existing refineries owing to strong observations by the planning and finance ministers and did not take a decision on the Asian Development Bank-funded smart…

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

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 work at Mohmand Dam site for 10-12 days. However, the work on Mohmand Dam was then set in motion but on Dasu it is still suspended. The one-day delay translates…

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

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 technology as industry leaders by 2035, the National Energy Administration (NEA) said.

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Global hydropower industry launches ESG standard to attract investors

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 from environmental assessments and opposition from local communities. read more “The hydropower sector needs a credible, transparent certification scheme that will incentivise the best projects,” Ashok Khosla, chair of the…

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