Singapore to buy electricity from Malaysia for first time from second half of 2023
This will make up about 1.5 per cent of Singapore’s peak electricity demand, enough to power about 144,000 four-room Housing Board flats for a year.
Energy
Crude palm oil exports to drop further as more palm oil goes to biodiesel: GAPKI
Indonesia, the world’s top palm oil producer, exported 30.8 million tonnes of palm oil products in 2022, down 8.5 percent from 33.7 million tonnes a year earlier.
Funding, research hamper Indonesia’s seaweed potential for biofuel
Indonesia, the world’s largest seaweed exporter, is considering the commodity’s use in producing bio-crude to help reduce the country’s reliance on costly imported crude.
Indonesia boosts annual coal mining target to 695 million tonnes
The country plans to export more than 74 percent of the coal it mines this year, which the ministry said would mean record shipments.
Seoul to expand energy vouchers for low-income families
President Yoon Suk Yeol’s economic secretary Choi Sang-mok said the value of energy vouchers given to 1.17 million households would be doubled to 304,000 won.
It’s a symptom of our stalled progress that power blackouts are now considered par for the course
The energy transmission infrastructure needs to be treated with more seriousness and its weaknesses removed as a matter of national priority.
COP28: Asking a fox to guard the hen house
The writer says it will be foolish to expect the fossil fuel industry to sign its own death sentence.
Japan govt to submit bill to extend nuclear reactor life span
The bill will allow nuclear reactors to continue to operate after 60 years and later by not counting periods when they are offline.
Indonesia to accelerate oil and gas exploration amid high prices
The estimated target for exploratory drilling has been increased to 57 wells, almost double the 30 exploratory wells drilled last year.
Big hike in gas prices for Bangladesh’s power plants, industry
The development is set to fuel a fresh round of inflation, which declined for the fourth straight month in December last year.