Tag: coal

Indonesia must push for renewables pivot from coal backers Japan and China

On the surface, such competition between the regional powers may seem to have provided Indonesia with a golden opportunity to extract favourable terms to advance key projects. The theory, it would seem, is that this allows Indonesia to pit one side against the other, bringing about a competition that offers options such as generous financing terms and advanced engineering know-how, which would otherwise be unavailable under normal circumstances.

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Phasing the Heat: Challenges and implications of a coal phase-down in ASEAN

The ASEAN region homes the youngest coal power plants in the world. Partial or complete shutdown will give financial challenge to the plant owners/ investors and the utility companies who signed construction and operation contracts. The energy security and reliability of the power system would be a huge challenge for the countries and the region. Shutting a large portion of coal power generation down would require large-scale deployment of renewables to be able to supply the energy that is not served by putting coal plants offline.

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Ørsted to stop procuring Russian biomass and coal

In response to Russia’s invasion of Ukraine, the Danish energy provider Ørsted has decided to stop sourcing biomass and coal from Russia for its power plants. The company has decided not to contract any Russian companies for its renewable energy projects because it finds the situation “deeply disturbing.” It has also stated that it will not enter into any new contracts with Russian enterprises and will ensure that no direct Ørsted suppliers for the development of renewable assets are Russian.

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Storing for the Future: Role of CCUS in low carbon development in ASEAN

In ASEAN, CCUS could be fundamental in helping the region decarbonise   energy   systems   from   coal-based   electricity   generation and in achieving the net-zero target. Some AMS have  expressed  interest  in  deploying  CCUS  technologies  in  their   countries.   However,   none   has   established   specific   measures or an action plan, such as policy support from governments towards the energy transition and low-carbon economy through CCUS development.

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Enviva, J-Power sign a MoU to decarbonise power generation in Japan

Enviva Partners, a global renewable energy company specialising in sustainable wood bioenergy, and Tokyo-based utility Electric Power Development Corporation Limited (J-Power) have signed an MoU for the long-term, large-scale supply of sustainable wood biomass from Enviva’s manufacturing facilities in the US to J- Power’s coal-fired power plants in Japan.

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Energy Landscape in the Czech Republic

Over the next decade, a key challenge of the Czech Republic’s energy sector is to prepare for the phase-out of coal from the energy mix. In the Czech Republic, renewables do not yet play a major role in TES, although their share has increased by 71 per cent since 2009. The International Energy Agency has released a report titled. “Czech Republic 2021: Energy Policy Review” which provides detailed coverage of the country’s energy sector.

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Renewables on track to set new records in 2021: IEA

The International Energy Agency has released a report titled, “Global Energy Review 2021: Assessing the effects of economic recoveries on global energy demand and CO2 emissions in 2021”. REGlobal presents the key findings, the detailed analysis on global economic recovery and the renewable energy sector from the report.

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The Top 11 Clean Energy Developments of 2020

2020 will be a year to remember. Fortunately, we don’t only have to remember it for a global pandemic, wildfires, an economic recession, racial justice protests, and locust swarms. Plenty of exciting and positive things happened in the energy space throughout the year. Coal is on its way out, bans on gas vehicles are growing and green hydrogen is off to the races.

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China’s focus on renewable energy has geopolitical implications

China is highly dependent on fossil fuel imports. At the same time, China is striving to lead in new energy technologies, particularly wind and solar electricity generation and electric vehicles. It is more in charge of its own fate in electricity, while it remains highly vulnerable to market conditions and supply shocks in oil and gas. Slowly, it has become the center of gravity for global energy markets.

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Will China Finally Block “Clean Coal” from Green Bonds Market?

Chinese regulators recently proposed eliminating so-called “clean coal” from the list of projects that can raise funds using green bonds. While this may not sound like a big deal, if it goes through, it could be the start of a much-needed transformation in China’s green finance market – and a move away from coal power.

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