Competition between coal and natural gas is intensifying

By Vinacomin, September 19th, 2013 When the price of natural gas dipped below $2/MMBTUs in April 2009, the dash for gas set off in earnest. Any utility who could switch did switch from coal to natural gas. Not everyone could, of course, either because of the logistics, long-term fuel contract obligations or for technical reasons. … Continue reading

Wind Turbine Makers Poised for Return to Profitability

By Bloomberg, August 22nd, 2013 Wind-turbine makers are poised to make their first profit in years after shutting underused factories and abandoning a drive for growth at all costs. Vestas Wind Systems A/S (VWS) of Denmark, the world’s biggest manufacturer, along with German competitor Nordex SE (NDX1) are forecast to have their first pretax profits this year since 2010, … Continue reading

What Does US Energy Independence Mean For Asia?

By EcoBusiness, July 30th, 2013 International Energy Agency chief economist Fatih Birol gives his views on Asia’s energy landscape in this exclusive interview. Dr. Fatih Birol is the chief economist at the International Energy Agency in Paris. He is responsible for the IEA’s flagship World Energy Outlook publication, which is recognised as an authoritative source of … Continue reading

EIA: Renewable Energy, Nuclear Power World’s Fastest-Growing Energy Sources

By PennEnergy, July 26th, 2013 The U.S. Energy Information Administration’s (EIA) recently released International Energy Outlook 2013 (IEO2013)projects that world energy consumption will grow by 56 percent between 2010 and 2040, from 524 quadrillion British thermal units (Btu) to 820 quadrillion Btu. Most of this growth will come from non-OECD (non-Organization for Economic Cooperation and Development) countries, where … Continue reading

Ikea Plans €1.5bn Investment in Wind and Solar Energy Through to 2015 as Part of New Sustainability Strategy

Posted on October 25, 2012 by Anric Alongside its energy and resource goals, the plan commits the company to helping IKEA’s 770 million customers save money through the use of more efficient products, improving sustainability throughout its supply chain, and supporting human rights and education efforts. Steve Howard, chief sustainability officer at IKEA Group, told reporters that the … Continue reading

Borneo Sees Divorce in Bumi Plc’s Indonesian Partners

Thu, Oct 25 03:20 AM EDT By Janeman Latul JAKARTA (Reuters) – Indonesia’s Bakrie family has agreed in principle to pay compensation to coal tycoon Samin Tan for his soured $1 billion investment in their joint stake in Bumi Plc (BUMIP.L), meaning a “divorce” in the partnership, executives at Tan’s firm said on Thursday. The … Continue reading

India: Power Sector’s Dark Days

Coal shortage has brought down the capacity utilisation of plants below average Business Standard Reporter / New Delhi Jul 22, 2012 The plants that are unable to run at full capacity include state-owned and largest power generator NTPC which has a 26,000 Mw generation capacity. NTPC plants that failed to live up to their planned … Continue reading

India: Fuel Shortage Darkens Power Generation Scene

Business Standard Mansi Taneja / New Delhi | Jul 05, 2012 An analysis of data for the 11th Plan ended March 2012 showed the installed generation capacity had increased 40 per cent but the actual generation rose 29 per cent. The installed capacity at the end of March this year was 199,877 Mw from 143,061 … Continue reading

Infographic: The emissions position – Interactive – Al Jazeera English

Twenty years after the first Earth Summit, greenhouse gas concentrations continue to spiral upwards.

Asia-Pacific to Need $6T for Energy

Power demand to double by 2030, says ADB By: Amy R. Remo, Philippine Daily Inquirer 1:14 am | Monday, June 4th, 2012 The Asia-Pacific region will need more than $6 trillion worth of investments in new energy infrastructure by 2030 to meet the projected doubling of energy demand by that time, according to the Asian Development … Continue reading