Wärtsilä’s Energy Storage Project to Boost Regional Grid Stability in Southeast Asia T&D World 22nd Jan 2020
The technology group Wärtsilä has signed an Engineering, Procurement and Construction (EPC) contract for a new 100 MW/100 MWh total capacity energy storage project in South East Asia. The energy storage system facility, including Wärtsilä’s GEMS, an advanced energy management software platform, and GridSolv solution, will be used for grid support purposes. The order was booked with Wärtsilä in Q4 2019. This contract comes in addition to the similar size contract announced in July 2019. In 2018, the Association of Southeast Asian Nations (ASEAN) committed to meeting 23 percent of its primary energy needs from renewables by 2025. The region is aiming to leverage its abundant wind and solar resources and reduce its reliance on fossil fuels, especially as grid systems develop and economies grow.
Japan targets to invest US$3 billion in ASEAN Antara News 11th Jan 2020
The Japanese government has targeted to invest US$3 billion in the Association of Southeast Asian Nations (ASEAN) region in the next three years, Japanese Foreign Minister Motegi Toshimitsu said. The fund can be channeled to government and private sectors as economic cooperation fund based on the principle of "collecting wisdom", he said. The fund will be channeled, among others, through Japan's International Cooperation Agency (JICA) which is ready to provide investment and loans worth US$1.2 billion, he said. The fund will be used for investment and loans for high quality infrastructure projects in ASEAN including power plant, urban development, transportation, communication and information sectors, he said.
Asian LNG spot prices drop to multi-year lows below $4/mmBtu Reuters 21st Jan 2020
Asian liquefied natural gas (LNG) spot prices dropped to multi-year lows on Tuesday with at least one cargo being sold into Northeast Asia below the psychological barrier of $4 per million British thermal units (mmBtu).Brunei LNG export plant sold a cargo for March 30-31 delivery at about $3.90 to $3.95 per mmBtu, which traders say is the lowest in years and the lowest ever for this time of the year. The buyer is likely Shell, four industry sources said, though this could not immediately be confirmed. Brunei LNG also sold a cargo for March 12-15 delivery at around $4.40 per mmBtu, one of the sources said. The cargoes were sold on a delivered ex-ship (DES) basis into the Japan, Korea, Taiwan, China region, the sources said.
China's Hengyi runs new Brunei refinery near full rates: officials Reuters 9th Jan 2020
China’s Hengyi Petrochemical Co Ltd is operating its new 160,000 barrels per day refinery in Brunei at near full capacity after trial production began in July, two company officials told Reuters. The plant in Palau Muara Besar is one of four greenfield refineries to begin operations in Asia in 2019. The project includes a one million tonne per year (tpy) aromatics plant and a 500,000-tpy benzene unit.
KrisEnergy commissions offshore Cambodia geotechnical studies Offshore 28th Jan 2020
KrisEnergy has contracted Fugro for geotechnical investigations for the Apsara oil field project in block A offshore Cambodia. Apsara will provide the first ever production from the Khmer basin in the Gulf of Thailand. Fugro will use the drillship Fugro Mariner to conduct shallow gas pilot-hole drilling and cone penetration tests and to drill geotechnical sample boreholes, all related to the design and installation phases of the Apsara Mini Phase 1A development.
LNG imported from China to Cambodia Khmer Times 15th Jan 2020
Local business Cambodian Natural Gas Co Ltd and Chinese firm CNOOC Gas Power Group Co Ltd teamed up in importing liquefied natural gas (LNG) to distribute within Cambodia’s market.The company’s officers said the cooperation is to import the LNG to supply demand in the local market, as the company focuses on hotels and restaurants in the first-step plan. Pheng Sros Choronei, administration officer at Cambodia Natural Gas, said yesterday that the LNG containers were shipped in from China and arrived at Cambodia’s Sihanoukville port on Tuesday.
Investment on ‘waste to energy’ boosted Khmer Times 14th Jan 2020
Investment on converting waste to energy in Cambodia has been boosted as part of urban garbage management in what officials said would help to keep the country clean and generate power for the grid. Investment in generating power from burning waste is mentioned in the draft on urban waste management policy which is being discussed by inter-ministries mainly led by the Ministry of Economy and Ministry of Environment. The policy was discussed yesterday with participants including the heads of the inter-ministries of the Ministry of Economy and Finance, Ministry of Environment and Phnom Penh City Hall.
Malaysia’s oil and gas giant Petronas keen on return Khmer Times 9th Jan 2020
Malaysia’s national petroleum company Petroliam Nasional Bhd, or Petronas, is aiming to return to Cambodia to tap into a growing oil and gas sector, according to ambassador Eldeen Husaini Mohamed Hashim yesterday. Mr Eldeen Husaini met with Energy and Mines Minister Suy Sem at the ministry yesterday and afterwards the former said Petronas wants to return to the Kingdom after withdrawing from the market nine years ago.
China provides 1,500 biodigester tanks for farmers in provinces Khmer Times 6th Jan 2020
China has provided 1,500 biodigester tanks for distribution to farmers in seven provinces for them to convert animal waste into cooking gas and protect the environment. Chen Visal, head of Prey Veng province’s agriculture department’s animal health and production bureau, yesterday said that early this month, China provided 200 large biodigester tank to the province, five of which have already been installed.
Coal-fired power plant breaks ground Khmer Times 18th Dec 2019
Coal-fired power plant breaks ground Once operational, Leader Energy’s CEL II will be able to produce 135 megawatts. Once operational, Leader Energy’s CEL II will be able to produce 135 megawatts. Construction of two 350-megawatt coal-fired power units broke ground yesterday. The power generated is scheduled to be linked to the national grid in 2022.
Gas supply from Indonesia to Singapore will cease by 2023 The Online Citizen 7th Jan 2020
By 2023, Indonesia’s Energy and Mineral Resources Ministry is looking to stop supplying gas to Singapore via the Suban Blok Corridor Field. This is done so that the gas supply can be diverted back to domestic consumption in Indonesia. “Gas is still abundant in Sumatra. Gas supply to Singapore will end in 2023 and will be used for domestic consumption,” said Indonesia’s Energy and Mineral Resources Minister, Arifin Tasrif, in a written statement on 29 November 2019. According to Mr Tasrif, the current gas supply will be diverted to Duri Dumai pipelines to cater to the domestic consumption primarily on Sumatra Island. Several wells will also supply additional gas to Sumatra Island. The wells and the prices are now under negotiation with the Indonesian government.
S Sulawesi government supports renewable energy development Antara News 10th Jan 2020
The provincial government of South Sulawesi expressed its support for the development of renewable energy to improve its people's welfare. "We encourage renewable energy, as the provincial government has developed in South Sulawesi with the establishment of wind power plant in Sidrap and Jeneponto Districts," Deputy Governor of South Sulawesi Andi Sudirman Sulaiman said here on Friday.
Indonesia Plans to Cut Coal Output to Bolster Prices, Revenue Bloomberg 9th Jan 2020
Indonesia ordered coal miners to slash output after record production and exports from the world’s largest shipper last year weighed on prices and state revenue. The government has set the production target at 550 million metric tons this year, 9.8% below the 610 million tons in 2019, Energy and Mineral Resources Minister Arifin Tasrif told reporters in Jakarta on Thursday. Domestic consumption of the fuel is seen jumping 12% to 155 million tons, he said.
UAE’s Masdar to support development of Indonesia's largest solar power plant The Jakarta Post 8th Jan 2020
State electricity company PLN’s unit Pembangkitan Jawa Bali (PJB) is looking to begin construction of the $129 million Cirata floating solar power plant in West Java next year with support from Abu Dhabi-based renewables firm Masdar. The companies will kick off development of the 145 megawatt (MW) Cirata floating solar photovoltaic (PV) power plant next week, when PLN signs a power purchase agreement (PPA) with Masdar, said PLN strategic procurement 1 director Sripeni Inten Cahyani.
Indonesia considers forcing gas producers to sell to domestic distributors: minister Reuters 6th Jan 2020
Indonesia’s gas producers could be forced to sell a proportion of their output locally to ensure manufacturers can secure cheap supplies after they complained about high prices, according to a plan proposed by the country’s Industry Ministry. The so-called domestic market obligation (DMO) would require gas producers to sell a portion of their output to local buyers at a set price, making sure local gas distributors have sufficient supplies to keep tariffs low.
Indonesia preparing change to more favourable geothermal feed-in-tariffs Think GeoEnergy 17th Dec 2019
With continued challenges to attract investors to develop geothermal projects in Indonesia, the country is now looking to change its current price determination scheme for geothermal electricity to a feed-in-tariff. With the planed change from the original scheme based on the local or local cost of supply (BPP) the new feed-in-tariff scheme is to be based on the investment value or project economics.
Indonesia’s Medco Energi produces first oil from field in Thailand The Jakarta Post 17th Dec 2019
Indonesian oil company Medco Energi Internasional is producing an initial 12,900 barrels of oil per day (bopd) from its offshore Bualuang oil field in Thailand. The company, publicly listed on the Indonesia Stock Exchange as MEDC, said in a statement on Tuesday that production was expected to ramp up to 14,000 bopd once the company finished drilling wells by mid-2020. Medco did not reveal the targeted customer for its oil.
Indonesia – 85 MW Muara Laboh geothermal plant starts commercial operation Think GeoEnergy 17th Dec 2019
As reported this morning from Indonesia, PT Supreme Energy Muara Laboh has officially started commercial operation of the 85 MW Phase-1 Geothermal Power Plant (PLTP) Muara Laboh, located in Solok Selatan Regency, West Sumatra Province.
Jokowi Angered by Absence of New Oil Refineries in Indonesia Tempo 16th Dec 2019
In opening the National Development Planning Conference RPJMN 2020-2024 today, President Jokowi expressed discontent regarding the absence of a new oil refinery for the past 34 years. “How can we not have built oil refineries in 34 years?” asked the president on Monday, December 16. The president asserts that establishing a new oil refinery is crucial to create numerous by-products such as petrochemical, which he says Indonesia still relies on imports. This large number of imports had also annoyed Jokowi.
Laos to export 20,000 MW of electricity by 2030 Daily Sun 16th Jan 2020
Laos’ electricity exports to neighboring countries and ASEAN states are expected to increase to about 20,000 megawatt (MW) between 2020 and 2030. Electricity is exported from Laos to ASEAN countries through Thailand by a transmission line. The power is first supplied to Malaysia and then sent through a Malaysian transmission line to Singapore, according to updated information on the Lao People’s Democratic Republic Trade Portal website. According to Lao Ministry of Energy and Mines, Laos will be able to generate about 20,000 MW of electricity from 2020-30. During this period, the Thai government expects to import about 9,000 MW of electricity from Laos, Cambodia about 6,000 MW, Vietnam about 5,000 MW, Myanmar about 300 MW and Malaysia about 300 MW.
Laos links 195MW power to Cambodia Bangkok Post 9th Jan 2020
Nearly 200 megawatts of electricity from Don Sahong Dam in Laos has been linked to Cambodia’s national grid after the dam finished tests on four electricity generators. The power linking was made between interim transmitters in Laos and transmitters in Cambodia’s Stung Treng province on Tuesday, the Khmer Times reported on Wednesday.
Vietnam to Import More Energy from Laos The Laotian Times 13th Dec 2019
Vietnam has decided to import an additional 200 MW of electricity from Laos next year amid possible power shortages. The country’s decision comes amid concerns that it may suffer energy shortages from 2020.
Energy Commission fines TNB RM3.6 mil over electricity bills Free Malaysia Today 22nd Jan 2020
The Energy Commission (ST) said it issued 36 compound notices totalling RM3.6 million against Tenaga Nasional Berhad (TNB) in December 2019. In a statement today, it said the action was taken after investigating complaints from consumers on high electricity bills in May and June of 2019. “Investigations show that the company failed to comply with ST’s instructions on minimum service level (MSL) performance standards regarding the period for delivery of electricity bills to consumers. “Based on the MSL, TNB needs to ensure that each user receives the electricity bill on a monthly basis,” the statement added.
Petronas says fire at east Malaysian gas pipeline under control Malay Mail 13th Jan 2020
Malaysia’s state energy firm Petroliam Nasional Bhd, or Petronas, said today a fire on the Sabah-Sarawak Gas Pipeline in East Malaysia was under control. “Petronas confirms that a pipe rupture and a fire incident have occurred at the Sabah-Sarawak Gas Pipeline,” the company said in a statement. The incident occurred in the early hours of today, it said, adding no injuries were reported. Petronas operates the 500-kilometre-long pipeline that runs across the two east Malaysian states of Sabah and Sarawak.
Minister: Petrol Subsidy Program registration for M40 to open in second quarter of 2020 Malay Mail 12th Jan 2020
The petrol subsidy program (PSP) for the medium-income household (M40) group will be open for registration in the second quarter of this year, said Malaysian Domestic Trade and Consumer Affairs (KPDNHEP) Minister Datuk Seri Saifuddin Nasution Ismail. He said both KPDNHEP and the Finance Ministry were also looking into a more suitable mechanism in channelling the subsidies for M40 PSP recipients, either by card or cash. “The data for the recipients has been completed and currently the two ministries are discussing on the method of distribution. The government is looking for a seamless integration where consumers will not feel any difference when purchasing petrol once the PSP is implemented. In conducting the study for B40, KPDNHEP felt that paying cash would be more efficient as compared with other methods, so the deferment of the PSP has enabled both ministries to come to the same decision,” he told reporters when met at the Khalid Samad Cup Unity Football Championship here today. Elaborating, Saifuddin Nasution said the the PSP was implemented by the government to prevent owners of luxury vehicles and foreigners from receiving the targeted subsidies
Repsol Weighs Potential Sale of Malaysian Assets RigZone 10th Jan 2020
Repsol SA is exploring options for its Malaysian upstream operations including a potential sale as the Spanish oil company reviews its global portfolio, according to people familiar with the matter. The assets present potential interest from other energy companies in the region, the people said, asking not to be identified as the matter is private. The asset review comes amid Repsol’s new strategic plan, which is expected to be presented the first half of the year. According to its website, Repsol owns rights to six development blocks in Malaysia with a net surface area of 3,126 square kilometers (1,207 square miles). Its major upstream projects include Kinabalu, a mature offshore oilfield west of the Malaysian basin of Sabah, in which it holds a 60% stake (with the remaining 40% owned by state-owned Petronas). The review is at an early stage and Repsol could decide to keep the assets, the people said. A representative for Madrid-based Repsol declined to comment. Repsol could be the latest oil company looking to monetize its investments in Malaysia, following rivals like U.K.-based Petrofac Ltd. and Exxon Mobil Corp. Last year, Murphy Oil Corp. agreed to sell its portfolio in Malaysia for $2.1 billion.
Five bidders set to secure 490 MW in Malaysia’s third solar auction pv magazine International 9th Jan 2020
Malaysian energy regulator Suruhanjaya Tenaga has named the five shortlisted bidders for the final phase of Projek Loji Jana Kuasa Solar Berskala Besar Pusingan Ketiga – or Large Scale Solar (LSS) 3, the third round of the national procurement program for utility scale PV. Four of the bidders have pitched proposals for 100 MW facilities and the fifth a 90 MW project, hinting the 500 MW exercise will be slightly under-subscribed.The projects will have to begin commercial operation in 2021. The auction attracted 112 bids for more than 6.73 GW of generation capacity. The lowest solar energy price offered in the tender was MYR0.17777/kWh ($0.042).
Minister: Govt aims to increase net energy metering output to 300mw Malay Mail 6th Jan 2020
The government, via the Ministry of Energy, Science, Technology, Environment and Climate Change (Mestecc), aims to raise its net energy metering (NEM) programme output to 300 megawatts (MW) this year. Mestecc Minister Yeo Bee Yin said last year, the Sustainable Energy Development Authority Malaysia (SEDA) approved 102MW under the NEM programme, adding that the 300MW target can be achieved with the new NEM policy implemented last year. Under the NEM programme, energy produced by solar photovoltaic (PV) system is first utilised and any excess can be sold to Tenaga Nasional Bhd (TNB).
Seda strengthened renewable energy growth in 2019 | Malay Mail Malay Mail 4th Jan 2020
Sustainable Energy Development Authority (Seda) Malaysia has approved a total of cumulative net energy metering (NEM) programme quota of 108MW as of November 2019. Seda Malaysia chairman Wong Kah Woh said the total approved quota portrayed a positive growth of 7.8 times increment, to compare with the previous three years, which only stands at a 13.86MW take-up rate. “This success is largely contributed by the newly improved NEM 2.0 programme,” he said in a press release on Seda Malaysia’s Report Card 2019.
Malaysia can be major energy storage supplier The Malaysian Reserve 27th Dec 2019
Malaysia can become a clean energy leader in the region due to the country’s geographical landscape and the advancement of new energy storage technologies. Singapore-based Electrify Pte Ltd CEO Martin Lim said there are discussions of storing energy using hydrogen or known as hydrogen energy storage, especially with the opportunity available in East Malaysia. He said there are already people who are looking at hydrogen projects in Sabah. Lim said the advancement in energy storage would allow power to be exported to countries like Japan where there is a huge market for it. According to the Hydrogen Council, the international hydrogen market is estimated to be worth up to US$2.5 trillion (RM10 trillion) by 2050, meeting 18% of global energy demand, providing 30 million jobs and reducing carbon dioxide emissions by six gigatonnes per year.
Gas Malaysia gets shipping, distribution licences from Energy Commission The Edge Markets 27th Dec 2019
Gas Malaysia Bhd said its wholly-owned units have received the nod from the Energy Commission to provide services pursuant to the implementation of third-party access (TPA) of Malaysia’s regasification and gas distribution facilities, beginning next year. The commision has granted a 10-year shipping licence to Gas Malaysia Distribution Sdn Bhd (GMD), and a 20-year shipping licence to Gas Malaysia Energy & Services Sdn Bhd (GME), Gas Malaysia said in a bourse filing. The distribution licence permits GMD to carry out the activity of operating and maintaining the distribution pipeline to deliver gas through the distribution pipeline.
CPO export tax unlikely to affect EU demand, says Malaysian Palm Oil Council CEO | Malay Mail Malay Mail 21st Dec 2019
The reinstatement of crude palm oil (CPO) export tax starting next month is unlikely to affect demand for the local commodity in the European Union (EU), according to the Malaysian Palm Oil Council (MPOC). Its chief executive officer, Datuk Dr Kalyana Sundram, said the EU market is less troubled by the pricing mechanism and more concerned about the quality and sustainability of the products, which Malaysia’s CPO can offer. Kalyana said so far this year, the EU has imported about 2.2 million tonnes of palm oil from Malaysia compared with 1.91 million tonnes for the whole of 2018. Of the 2.2 million tonnes, he said, 1.4 million tonnes were used in the food industry while the remaining 800,000 tonnes went to the renewable energy industry in the continent.
Expert: Govt needs to develop use of LNG for transport sector | Malay Mail Malay Mail 20th Dec 2019
The government needs to take steps to develop the use of liquefied natural gas (LNG) as fuel for the transport sector as it is the cleanest and most suitable fossil fuel in today’s environmentally-friendly era. Subject matter expert, LNG development (bunkering) Mohd Rafe Mohamed Ramli said the use of LNG would help the country reduce greenhouse gas emissions by 45 per cent by 2030. He said LNG is suitable for commercial vehicles such as lorries, trucks and express buses as they consume a lot of fuel.
Sarawak plans Borneo Power Grid Daily Express 20th Dec 2019
Sarawak aspires first to build and complete a Borneo Power Grid connecting Brunei, Sabah, Kalimantan to its massive hydroelectricity output complemented by others in Kalimantan, with potential to export power to Palawan, in the Philippines, Java and West Malaysia in future. Sarawak Economic Planning Unit Director, Dr Muhammad Abdullah Bin Haji Zaidel said, at the recent inaugural Sustainability & Renewable Energy Forum or Saref 2019 at the Borneo Convention Centre Kuching that: “Sarawak’s hydroelectric power projects will serve as catalysts to stimulate development.” Sarawak Energy Hydro Department Vice President Ir. Polycarp Wong explained that, “The Sarawak Corridor of Renewable Energy or Score was developed to propel Sarawak’s economy by harnessing Sarawak’s sustainable strategic advantage in the production of bulk electricity.”
Private oil and gas firm to build RM9.5 bil refinery in Sabah Free Malaysia Today 13th Dec 2019
tate-owned Sabah Oil and Gas Development Corporation (SOGDC) Sdn Bhd has signed an agreement with a private firm to build Sabah’s first petroleum oil storage and refinery with investments over US$2.3 billion (RM9.5 billion). The agreement with Petroventure Energy Sdn Bhd will see the plant being built at the Sipitang Oil and Gas Industrial Park (Sogip) in southwest Sabah, with construction expected to take between three and five years. Sham said this plant will have storage facilities for two million cubic tonnes of petroleum products while the refinery will have a capacity to produce 3.5 million tonnes yearly.
Sarawak to emulate Brunei as global hydrogen supplier The Edge Markets 12th Dec 2019
Sarawak will emulate Brunei in supplying hydrogen to countries that use hydrogen as fuel such as Japan and South Korea. The state government, on May 25, launched the testing and operation of its pilot integrated hydrogen production plant and refuelling station project, the first of its kind in Southeast Asia. The construction and operation of the hydrogen plant and refueling station was carried out by Sarawak Energy Bhd (SEB) in partnership with Linde EOX Sdn Bhd, a subsidiary of Linde Malaysia. So far, the plant is capable of producing 130 kilogrammes of hydrogen per day at a cleanliness level of 99.999% and is capable of supporting and refuelling up to five cell buses.
Japan to Provide Over $1 Billion in Loans to Myanmar for Development Projects The Irrawaddy 22nd Jan 2020
Myanmar and Japan have signed four loan agreements worth about US$1.1 billion (120.915 billion yen, or 1.61 trillion kyats) to fund sewerage, urban development, power distribution and infrastructure improvement projects in seven regions and states in Myanmar. The four Official Development Assistance (ODA) loan agreements were signed on Tuesday between Japanese Ambassador Maruyama Ichiro and U Maung Maung Win, Myanmar’s deputy minister for planning, finance and industry, with the aim of improving living standards and economic and social development in Myanmar, the Japanese Embassy in Yangon said in a statement. About 45.9 billion yen will go towards developing Yangon’s sewerage system. The funds will be used to renovate and expand wastewater treatment plants, lay sewer pipes and improve living standards in the central business district of Yangon.
China, Myanmar invest in power project in Kyaukphyu The Myanmar Times 15th Jan 2020
Kyaukphyu Electric Power Company has invested US$172 million in a power generation project in Kyaukphyu, Rakhine State, according to the Directorate of Investment and Company Administration. The Kyaukphyu Electric Power Co, which is a joint venture between Myanmar’s Supreme Group and state-owned Power China Enterprise, will construct a gas-fired power plant which can generate a total of 135 megawatts of power. The company signed an electricity purchase agreement with the Ministry of Electricity and Energy in November, 2019.
Chinese, Norwegian investors to study projects in Chin The Myanmar Times 15th Jan 2020
Chin State government officials say that they have expressions of interest from foreign investors to invest in power-generation projects in the state. This was revealed to The Myanmar Times by Chin State Minister of Development, Electricity and Industry U Soe Htet. Only 27 percent of the state has electricity as of December 2019, compared with the overall electrification rate of 50pc in the country. Of the total of nine large townships in Chin, just five are linked to the national grid. The state government has signed agreements for feasibility studies with international investors to explore power generation opportunities in Chin, U Soe Htet says. Among the agreements is for three hydropower projects ranging from 10 to 30 megawatts with a Norwegian power company.
Mee Laung Gyaing LNG project to commence construction soon The Myanmar Times 3rd Jan 2020
Construction of a power generation project in Mee Laung Gyaing, Ayeyarwady Region will take place after a power purchase agreement is signed within the first three months of the year. Zhefu Holding Group of China and local firm Supreme Trading Co will invest US$2.57 billion to build the plant. It will be powered by liquefied natural gas (LNG) and produce up to 1390 megawatts of energy when it is complete. The project will include berths for gas carriers to dock at the Mee Laung Gyaing area, which is 40 miles to the north of Chaung Tha beach. It will be transferred back to the government under a 30-year build, operate and transfer system.
Exploratory drilling begins at onshore block in Magwe The Myanmar Times 2nd Jan 2020
Italian oil and gas company Eni Spa has begun exploratory drilling at the Shwe Nan Htike Well 1, located in the onshore block RSF-5, in Magwe Region, the Ministry of Electricity and Energy (MOEE) announced. The ceremony to begin drilling at the well, located near Aung Myay Kone village, in Magwe, was attended by Deputy Minister of Electricity and Energy U Tun Naing on Monday. Based on result of the measurement, a well measuring some 3,800 metres deep will be drilled at the site to test sand layers where oil and natural gas could be found said the MOEE.
Solar mini-grid brings power to Yesagyo’s community The Myanmar Times 30th Dec 2019
Parami Energy connected 1442 households to the newly-launched mini-grid mid-December with plans to expand the coverage to more than 4000 households Magway’s Yesagyo. The first phase of the solar mini-grid has a 288-kilowatt peak capacity and involves US$1.6 million of investment in total. The renewable off-grid system received 60 percent of capital cost funding from the World Bank through the agriculture ministry’s Department of Rural Development, while Parami funded 20pc with the rest covered by the villagers. The next two phases will be commissioned next year. Altogether, the scheme will connect 4097 households on the Yesagyo island to electricity for the first time. The mini-grid employs solar photovoltaic technology with diesel generator as back-up.
7 new power projects aim to satisfy additional power demands Eleven Media Group Co., Ltd 24th Dec 2019
Ministry of Electricity and Energy is implementing seven new power projects in order to generate an additional 1,000 MW, said Deputy Minister for Electricity and Energy Khin Maung Win, at a ceremony to open the 66-MW gas-fired power plant in Magway Township in Magway Region. In the summer of 2019, the power plant generated up to 1,980 MW in maximum. In the coming summer, the country’s highest power consumption is expected to reach around 5,000 MW. The under-implementation projects are 66-MW in Magway, 150 MW in Kyaukphyu, 400 MW in Thaketa, 350 MW in Thilawa, 20.5 MW in Kyunchaung, 151 MW in Ahlone and 28 MW in Shwetaung. The seven projects will have an installed capacity of 1,166 MW.
Ministry in talks with companies for solar power generation Eleven Media Group Co., Ltd 24th Dec 2019
The Ministry of Electricity and Energy has issued a press release saying that it discussed with Victory Radiance Trading Co Ltd and Power China Company to generate electricity from solar energy. Deputy Minister for Electricity and Energy received the delegation led by Taryar Myint Swe, managing director of Victory Radiance Trading Co Ltd, and Wan Chunlai, director of Power China Co. Both sides discussed measures for adopting policies and technologies related to solar power generation, solar power generation in the future power supply sector, review of a solar power station project to be implemented in Aunglan Township, Magway Region, as proposed by the companies and technological experiences.
POSCO sets up solar power system on Myanmar’s Manaung Island Mizzima Myanmar News and Insight 22nd Dec 2019
POSCO International announced it has completed a photovoltaic power generation system on Manaung Island near the Myanmar Gas Field. Manaung Island is home to more than 60,000 residents, but its power infrastructure is poor with only three small generators, according to the company. POSCO International set up a solar power system that combines a 500 kW solar power generation facility and 2,000 kWh energy storage system (ESS). The new facilities can stably supply electric power to about 1,000 households on Manaung Island 24 hours a day. The power supply is expected to enhance the operation of sanitation facilities such as public health centers and residents’ productivity in agriculture and fisheries, ultimately making a big improvement to their quality of life, according to a press release.
Myanmar Govt to Develop Offshore Gas With Total, Woodside and Local Company The Irrawaddy 19th Dec 2019
The state-run Myanmar Oil and Gas Enterprise signed agreements for gas production Monday with a joint venture that includes domestic company MPRL E&P Co., Woodside Energy from Australia and French energy giant Total. The agreements cover production at offshore gas block A-6, which is located some 80 km west of Pathein Township in Ayeyarwady Region and has good prospects for commercial production, according to MPRL E&P Co. The joint venture plans to start commercial production on Dec. 31, 2023. The Ministry of Electricity and Energy has announced that it will invite tenders for exploration at 31 oil and gas blocks in early 2020. Myanmar has 51 offshore oil and gas blocks and 53 onshore blocks. Myanmar’s military governments and U Thein Sein’s administration issued tenders for 38 offshore blocks and 35 onshore blocks.
Additional 1000MW of power by next year: President The Myanmar Times 16th Dec 2019
Ministry of Electricity and Energy (MOEE) estimates that another 1000 MW of power for the country will be generated by the middle of next year. This was announced during a ceremony attended by President U Win Myint to mark the achievement of 50 percent nationwide electrification on December 13. Nationwide electrification stood at only 34 percent in 2016 when the NLD government came to power. Since then, the reformation of the Ministry of Electricity and Energy and a focus on increasing electricity generation through hydropower, natural gas, and solar power, and expanding distribution has paid off, U Win Myint during his speech at the event.
Basic Energy Corp. partners with Thai firm on renewable energy development Think GeoEnergy 16th Dec 2019
As reported from the Philippines, Basic Energy Corp. said it has entered into a subscription agreement with Thailand-based Vintage Engineering Public Co. Ltd. (VTE), a publicly-listed company in Thailand, “for a strategic partnership to pursue the exploration, development and production of renewable energy resources, in the Philippines and abroad.” The companies signed an initial MOU in October 2016 on a strategic partnership. Under the deal, VTE has a right to invest in the Mabini geothermal power and other projects. Both companies are interested in the projects of each other. Originally in the business of construction and engineering, VTE has diversified its operations as an engineering, procurement and construction contractor, an operations and management operator. Basic Energy, on the other hand, has business interests in various fields of renewable energy and alternative fuels, as well as oil and gas exploration and development.
Energy regulator approves reduction in feed-in tariff allowance | BusinessWorld Business World 28th Jan 2020
THE Energy Regulatory Commission (ERC) said Tuesday that it approved a feed-in tariff allowance (FiT-All) of P0.0495 per kilowatt-hour (kWh), or lower than what was applied for by the government corporation that handles the collected amount from consumers. “The ERC, in computing the 2019 FiT-All rates, made use of the actual generation billed and the actual cost recovery rate from January until August 2019, among others,” ERC Chairperson and Chief Executive Office Agnes VST Devanadera said in a statement. The regulator said the approved rate is lower by P0.1976 per kWh compared with the P0.2471 per kWh rate proposed by National Transmission Corp. (TransCo) for 2019. It will also be lower than the P0.1731 per kWh reduction from the current or 2018 FiT-All rate of P0.2226 per kWh.
PHL oil output down to 776,093 barrels in 2019, DOE data shows | Lenie Lectura BusinessMirror 23rd Jan 2020
Oil production in the Philippines last year declined to 776,093 barrels compared to the previous year’s 1.26 million barrels, data from the Department of Energy (DOE) showed. Data showed there are four sites where oil is being sourced. These are Nido, Matinloc, Galoc and Alegria oil fields. Among them, Galoc oil field produced the most with 744,449 barrels; Alegria with 9,468; Nido with 20,634; and Matinloc with 1,542. Nido and Matinloc oil fields, both located in Northwest Palawan, ceased production activities last year. Nido’s last production was in April with 18 barrels. Matinloc produced 678 and 864 barrels in January and February, respectively. In over four decades of production operations, Nido and Matinloc were able to produce 18.9 million barrels of oil and 12.5 MMBO, respectively. The oil fields are no longer commercially viable.
DOE steps up on learning gas market policies from US, Asian peers Manila Bulletin Business 13th Jan 2020
With high anticipation that the Philippines will eventually have a reboot of its gas industry into a market catered to by imported liquefied natural gas (LNG), the Department of Energy (DOE) is also stepping up on its learning process when it comes to policies and regulation frameworks of the changing landscape of global gas markets. The Oil Industry Management Bureau (OIMB) of the DOE, which will oversee the downstream gas sector, had just recently discussed, learned and exchange views with peers from the US State Department’s Bureau of Energy Resources, as well as with industry-collaborators in the Asian region – including gas facility-operators and energy regulators from Bangladesh, Pakistan, Sri Lanka and Vietnam.
Gov’t monitoring oil prices as new round of fuel excise taxes take effect | BusinessWorld Business World 6th Jan 2020
THE economic team is monitoring possible consequences of higher oil prices due to the Iran crisis, which broke at a time when the government is due to impose new fuel excise taxes, presenting a threat to inflation and growth assumptions. The crisis could also dent overseas employment, a major source of foreign exchange for the economy, with the air force placed on standby Sunday to mount evacuation flights to Iran and Iraq. The President’s spokesman, Salvador S. Panelo, said at a briefing that Socioeconomic Secretary Ernesto M. Pernia and the rest of the economic team are on alert for the possible impact of higher crude oil prices after the US launched an air stroke that killed a senior Iranian general in Iraq Friday.
Price cap to be prescribed on renewable energy certificates Manila Bulletin Business 4th Jan 2020
A price cap has to be instituted in the renewable energy certificates (RECs) that shall then be sold via the RE Market (REM) trading layer of the country’s Wholesale Electricity Spot Market. In a draft Circular of the Department of Energy (DOE), it has been set forth that the Philippine Electricity Market Corporation (PEMC) “shall develop the RE certificate price cap,” which has to be approved subsequently by the Energy Regulatory Commission. There had been no formula laid down yet on how PEMC will arrive at the price cap; and it was not also specified how the trading of RE certificates shall be carried out via the WESM.
Energy dep’t to require more firm contracts for reserve power | BusinessWorld Business World 25th Dec 2019
THE Department of Energy (DoE) has issued a circular that will require half of the supply contracted as reserve power to be on a “firm” basis in which the grid operator has a binding agreement to source its requirement from a power generation plant. “The ancillary services policy has been signed. We will shortly publish it,” DoE Assistant Secretary Redentor E. Delola said. The DoE posted in the first quarter the draft rules setting forth the process of procuring ancillary services, which is the task of system operator National Grid Corp. of the Philippines (NGCP). “We also placed contracting caps for the reserves. We’re just finalizing the definition on how much megawatts per type of reserve and how many percent should be on a firm contract of NGCP. Under the draft, 50% of each reserve requirement should be with firm contract.”
DOE to oil firms: Use up old inventory first before slapping new tax Rappler 25th Dec 2019
The Department of Energy (DOE) reminded oil companies to use up their old inventory first before slapping new taxes in 2020 to avoid facing criminal charges like large-scale estafa. Oil prices will rise again starting January 1, 2020, as the final tranche of the Tax Reform for Acceleration and Inclusion (TRAIN) law takes effect. The DOE official explained that slapping new taxes on oil produced or imported on or before December 31, 2019 is a violation of the TRAIN law. Companies found doing so would face administrative and criminal penalties, or even closure.
LNG project in the Philippines put on hold LNG Industry 19th Dec 2019
According to Reuters, plans to construct a US$2 billion LNG project in the Philippines have been put on hold by backers CNOOC Gas and Power and Phoenix Petroleum Philippines Inc. Reuters reports that the Tanglawan LNG hub venture was supposed to have a capacity of 2.2 million tpy, with startup targeted by 2023. In order to support the facility, Phoenix was also planning to construct a 2000 MW power plant. According to Reuters, the two companies jointly requested that the Department of Energy (DoE) put the project on hold after Pheonix parent Udenna Corp. acquired a 45% stake in the Malampaya natural gas consortium. Reportedly, Phoenix now wants to reassess the project, and plans to submit a new concept to the DoE.
Phoenix, Mesa Natural Gas sign deal for cleaner energy mix Philippine News Agency 18th Dec 2019
Phoenix Pilipinas Gas and Power, Inc. and US-based Mesa Natural Gas Solutions LLC have signed a memorandum of agreement (MOA) targeted towards the use of gas and increase the country’s energy mix. The deal, signed by Phoenix Petroleum Philippines Inc. (PPPI) President and Chief Executive Officer (CEO) Dennis Uy and Mesa Natural Gas Solutions LLC President and CEO Scott Gromer last December 11, is aimed at making generator sets that run on raw wellhead gas, liquefied natural gas (LNG), compressed natural gas (CNG), and propone-rich liquefied petroleum gas (LPG).
Phoenix converts Iloilo taxi fleet to auto LPG | Lenie Lectura BusinessMirror 17th Dec 2019
Phoenix LPG Philippines Inc., the liquefied petroleum gas (LPG) arm of Phoenix Petroleum Philippines Inc. (PPPI), is converting over 200 registered fuel-powered vehicles operating in Iloilo City and nearby provinces to auto gas-powered cars. Phoenix LPG partnered with Clean Vehicle Solutions (Asia) Ltd. (Cleva)—a Hong Kong-based company that specializes in fuel delivery, installation, and maintenance of LPG equipment—to use its Prins Technology for the auto LPG-conversion project with GDR Taxi. Phoenix has already converted 48 out of the 215 GDR taxi units into auto LPG-powered vehicles, and is expected to complete the project by the first quarter of 2020.
PH petroleum demand, import surge Manila Bulletin Business 15th Dec 2019
Demand for petroleum products in the Philippines has been on the rise, expanding by 4.5 percent in the first half of the year while imports surged by 19.5 percent on declining production by local oil refiners, data from the Department of Energy (DOE) showed. Based on the DOE data, demand for petroleum products reached 87.790 million barrels in the first half this year versus 83.977 million barrels in the same period last year. The growth was due to a heftier 9.5 percent growth in gasoline demand; and 5.2 percent growth in diesel. Demand for liquefied petroleum gas (LPG) had grown by a slower pace of 2.8 percent.
Banks urged to phase out financing for coal projects philstar.com 15th Dec 2019
Philippine banks are urged to phase out financing for coal projects in the country. Clean energy group Center for Energy, Ecology, and Development (CEED) said 13 local banks were identified by the Global Coal Exit List (GCEL) to be responsible for lending or underwriting $6.3 billion to coal developers from 2017 to the third quarter of 2019. Of the 13 banks, two banks—BDO Unibank Inc. and Bank of the Philippine Islands (BPI)—account for 54.67 percent of financial support to the country’s coal expansion. The Global Coal Exit List (GCEL), published by Urgewald, Banktrack and non-government organization (NGO) partners, is a collection of data on companies and institutions behind coal development.
Modern, new power plants to boost GDP growth Manila Standard 14th Dec 2019
As the economy continues to expand, the Department of Energy predicts that the nation will need 43,765 MW of additional power-generation capacity by 2040 to meet increasing power demand. With the anticipated completion of infrastructure projects of the ongoing ‘Build, Build, Build!” program, the country will soon need more power. Considering DOE’s prediction, it is crucial for the country to install at least 7,000 more MW of generation capacity over the next five years. Otherwise, the economic growth will run into an unbreakable wall. The Federation of Philippine Industries is concerned that construction of new power plants are being delayed and called the DOE, as well as other industry players and stakeholders to fast-track the next round of biddings for the much-needed greenfield baseload capacity.
Electric cars take centre stage at Singapore Motorshow The Business Times 10th Jan 2020
Several brands launched fully-electric cars or plug-in hybrid vehicles (PHEVs) at the Suntec Singapore Convention & Exhibition Centre yesterday. "Drivers are now more aware of alternative powertrains and are more willing to explore. Many are starting to view buying an energy-efficient vehicle as both a financially and socially-responsible decision," said Glenn Tan, president of the Motor Traders Association. Yet, while car makers seem eager to push EVs here, they may be overlooking one reality of the Singapore market: electric cars are still unpopular here. Figures from the Land Transport Authority show that there were 1,112 EVs on the road here, as at the end of November. That's a sharp increase from 560 electric cars at the end of 2018, but is still a tiny proportion compared to the car population of 630,307.
HDB aims to more than double solar capacity by 2030 The New Paper 31st Dec 2019
The Singapore’s Housing Board (HDB)’s new target announced yesterday means that over the next 10 years, it will have the solar capacity to power the equivalent of about 135,000 four-room flats with clean energy. The HDB remains the biggest driver of Singapore's solar push, with the Republic having pledged to ramp up its clean energy generation and cut back its carbon emissions as part of global efforts to fight climate change. These remain on track, with the HDB already having exceeded its previous target of 220 megawatt-peak (MWp) by next year - the equivalent of powering 55,000 four-room flats.
Pavilion Energy, Total sign binding deal to develop LNG bunkering in Singapore The Business Times 20th Dec 2019
Pavilion Energy Singapore and a unit of French oil major Total said on Friday they have signed a 10-year deal to develop a liquefied natural gas (LNG) bunker supply chain in the port of Singapore. The binding agreement between Pavilion, which is owned by Singapore's Temasek Holdings, and Total Marine Fuels Global Solutions follows an initial non-binding one in June last year. The cooperation includes the shared long-term use of the newly built 12,000 cubic metre GTT Mark III LNG bunker vessel that will allow each party to supply LNG bunker to its customers.
Chevron returns to Australia fuel retail with $288 million Puma Energy asset buy Reuters 18th Dec 2019
Chevron Corp’s Australian unit on Thursday said it would buy the domestic commercial and retail fuels business of Puma Energy for A$425 million ($288 million), marking a return to the country’s fuel distribution market. The sale by Singapore-based Puma Energy, 49%-owned by commodities trading giant Trafigura, comes as Puma pushes to rebalance its books after a decade-long spree snapping up oil assets. It reported a net loss of $463 million in the first nine-months of the year. It is the second major sale for Puma this year. The firm announced the sale of its Paraguay business for $200 million in early October to a Trafigura joint venture. Puma also sold its small business in Indonesia for $3 million and it is still evaluating its portfolio.
Singapore looking at using hydrogen power in homes Borneo Post Online 13th Dec 2019
The utilisation of hydrogen might soon be expanded into homes in Singapore as an alternative form of energy, said Singapore Power Group SP Services chief executive officer Chuah Kee Heng. “Just like Sarawak is investing in six hydrogen refuelling stations across Sarawak, we are also studying hydrogen because one of the things we are looking at is how we can store hydrogen at home,” said Chuah at the ‘Energy Leaders Forum’ in conjunction with the Sustainability and Renewable Energy Forum here on Wednesday. He said the company is still studying the idea to utilise hydrogen in a safe manner to be applicable in a dense urban setting like Singapore.
Delta prepared to supply EV uptick Bangkok Post 22nd Jan 2020
Delta Electronics Thailand is optimistic about the country's electric vehicle (EV) market, with a plan to collaborate with car distributors to provide EV charging equipment for Thai buyers. Thailand suffers from PM2.5 pollution and oil-fuelled vehicles are a key source of ultra-fine dust and particles. EV adoption has been put forward as one tactic to sort out this problem. According to the Land Transport Department, new battery EV registrations in 2019 totalled 1,572 cars and motorcycles, up 380% from a year earlier. As of December 2019, there were 2,854 EV cars and motorcycles registered.
Thai-Chinese consortium to build world's largest hydro-floating solar project for Thai electricity agency ANN 21st Jan 2020
The consortium of BGRIM Power – Energy China , comprising B Grimm Power Plc (BGRIM) and China Energy Engineering Group Shanxi Electric Power Engineering Co Ltd. (Energy China) has signed a EPC contract to build the world’s largest hydro-floating solar hybrid project for the Electricity Generating Authority of Thailand (Egat). BGRIMM Power – Energy China consortium as selected bidder with the deal worth over Bt842 million, will construct and install a 45-MW solar power plant on water surface combining with existing hydropower of Egat.
Thailand's PTT plans multi-billion-dollar capex over next five years Reuters 16th Jan 2020
State-owned Thai energy group PTT Pcl said it would provisionally allocate 203.5 billion baht ($6.7 billion) of spending over the next five years to enhance the group’s liquefied natural gas (LNG) value chain, gas-to-power projects and other investments aligned with the national development plan. PTT also plans to spend another 180.8 billion baht on investments between 2020 and 2024. Of that, 68% will go on joint ventures and subsidiaries, PTT Chief Executive Chansin Treenuchagron said in a statement, with 17% devoted to pipeline infrastructure and 7% for technology and engineering. Last year Thailand announced a power development plan with a target to have 53% of its energy capacity provided by natural gas by 2037.
Egat forms technology venture with Ratch, Egco Bangkok Post 14th Jan 2020
The state-run Electricity Generating Authority of Thailand (Egat) is ready to expand its energy technology business by forming a joint venture with two subsidiaries: Ratch Group Plc and Electricity Generating Plc (Egco). Egat governor Viboon Rerksirathai said the new firm has yet to be named, but Egat plans to own a 40% stake of 600 million baht in registered capital, while Ratch and Egco will hold a 30% stake each. The new energy technology company will be interested in renewable resources, electric vehicles, energy storage, smart grids and efficient energy consumption. The plan was approved by the three companies, he said. "The new joint venture is expected to be approved by the cabinet in June," said Mr Viboon.
Egat to cut tariffs for poor, SMEs Bangkok Post 10th Jan 2020
The state-run Electricity Generating Authority of Thailand (Egat) has been ordered to reduce power tariffs for low-income earners and small and medium-sized enterprises (SMEs) to help with their living and operating costs, says Deputy Prime Minister Somkid Jatusripitak. "Thai GDP has slowed and local economic sentiment is unfavourable," he said. "Egat has performed better than other state enterprises, so the state power grid should be a factor in the economy." Power tariffs have been frozen for 16 months. The current rate is 3.64 baht per kilowatt-hour (unit).
Eppo: Energy use to grow Bangkok Post 8th Jan 2020
The Energy Policy and Planning Office (Eppo) forecasts the country's energy consumption in 2020 to rise 1.8% to 2.78 million barrels of oil equivalent per day (BOED), in line with Thai GDP and demand. This projection is based on GDP in 2020 growing 2.7-3.7% and the baht trading at 30.50-31.50 baht per US dollar. Crude oil prices are projected to stay at US$55-67 per barrel (Dubai) and $60.1-63 per barrel (Brent) this year. Wattanapong Kurovat, Eppo's director-general, said the country's oil consumption has grown 1.2%, driven by economic growth and low oil prices. Natural gas and coal consumption are expected to rise 1% and 1.4%, respectively, for the country's power generation and industrial operations.
Thailand charges towards an electric car future, with a few speed bumps The Thaiger 4th Jan 2020
Thailand has the biggest automotive industry in Southeast Asia and the 12th largest in the world. Most of those coming out of Thai factories are standard internal combustion engines with a few ‘hybrid’ models sprinkled in there as well. The hybrids include electric motors and charging systems which saves fuel and load on the petrol engines. But there is a strong tilt to electric cars as a future for Thailand’s massive auto industry. There are currently 19 major auto manufacturers in Thailand, all trying to move towards a slice of the future EV pie. There’s also a handful of electric car start-ups working within the Kingdom. The Thai Energy Ministry’s Energy Planning and Policy Office says that purchases of electric vehicles in Thailand will rise from just 9,000 back in 2018 to over 400,000 in 2028. They’ve peered further into the future too, predicting 1.2 million EVs in 2036 and 690 charging stations scattered around the country.
Energy Ministry introduces outline for dynamic growth Bangkok Post 26th Dec 2019
The Energy Ministry has announced 10 urgent action plans for 2020 to support living expenses for Thais, maintain the country's energy security and become a regional leader in the sector. Energy Minister Sontirat Sontijirawong said the ministry has to carry out several missions next year to ensure dynamic growth in the economy. The 10 plans include opening new licenses for petroleum exploration and production (E&P), pushing forward negotiations between Thailand and Cambodia on offshore overlapping claims areas in the Gulf of Thailand, promoting Thailand as a hub for liquefied natural gas (LNG) and electricity trade in Southeast Asia, and supporting the adoption of electric vehicles.
EA reaffirms plan for 1,000 EV stations Bangkok Post 25th Dec 2019
SET-listed Energy Absolute (EA) remains committed to completing installation of 1,000 charging stations for electric vehicles (EVs) by 2020 despite postponing the time frame repeatedly. The charging outlets are operated by Energy Mahanakhon, an EA subsidiary. The company started to install and expand EV charging outlets in 2017 and won investment incentives from the government. Energy Mahanakhon budgeted 800 million baht for the installation plan. Somphote Ahunai, EA's chief executive, said the company has installed 500 stations, mainly in Bangkok and major cities. Energy Minister Sontirat Sontijirawong said wheeling charges and other regulations involved with power distribution have been revised to facilitate the EV charging business.
Thailand calls off long-term LNG import plan with Malaysia's Petronas AF 20th Dec 2019
Thailand has called off a plan for its state-run power producer Electricity Generating Authority of Thailand (EGAT) to import up to 1.5 million tonnes of liquefied natural gas (LNG) per annum from Malaysia’s Petronas, a Thai official said on Friday. That in effect cancelled EGAT’s plan to sign a long-term contract with Malaysia’s state oil and gas company Petronas, which won a bid in June this year to supply the LNG to the Thai utility, an EGAT official told Reuters on Friday. However, this would not affect EGAT’s separate deal with Petronas, which was struck last month, to import two spot-market LNG cargoes of 65,000 tonnes each, the official added.
Myanmar gas deal to benefit Thailand Bangkok Post 17th Dec 2019
A new cooperation deal between the Myanmar government and private energy company, MPRL E&P, will bring good news for Thailand's power generation sector, Myanmar's Ministry of Electricity and Energy said in a statement on Monday. The statement was issued after MPRL E&P, a Myanmar-based independent energy company, successfully concluded negotiations with Yangon on two key agreements on fiscal terms and the sharing of output from the A-6 offshore gas bloc in Myanmar. In the statement, MPRL E&P said the talks resulted in a number of improvements in negotiating terms, which will be crucial to the economic viability of the gas exploration project, which is located in deep waters off the Myanmar coast.
NEPC approves 700MW purchase Bangkok Post 17th Dec 2019
The National Energy Policy Council (NEPC) has approved the purchase of 700 megawatts of power generation under the Energy for All community-owned power projects during 2020-21. The council, chaired by Prime Minister Prayut Chan-o-cha, ordered the Energy Regulatory Commission (ERC) to issue regulations for this power purchase plan.
Wind power industry calls for additional 7 GW of wind energy to be installed in Thailand by 2037 Reve - Wind Energy and Electric Vehicle Magazine 13th Dec 2019
The Global Wind Energy Council (GWEC), Thailand Wind Energy Association (ThaiWEA) and United States Agency for International Development (USAID) joined forces in Bangkok to hold the first Thailand Wind Energy Roundtable. This roundtable discussion brought together Thai government stakeholders and industry players active in the region to constructively discuss how to strengthen onshore wind development in Thailand. With 1.5 GW of onshore wind already installed, the country has a technical potential of 13-17 GW which could be developed by increasing target ambitions and support schemes for wind energy in Thailand’s Power Development Plan (PDP).
Vietnam - power development master plan - latest news Lexology 16th Jan 2020
The MOIT Party’s Committee have issued Resolution No. 21-NQ-BCSD dated 10 Jan 2020 on the principles and procedure of the amendment and supplement power development plan. We would like to update the very fresh news on priority of project inclusion in the upcoming power development plan. Priority is given to power grid projects first, followed by power source projects. Moreover, it is given to the areas with less renewable energy projects and with the capacity to release power. The national power development plan, approved by the Prime Minister, only includes 220kV and above power grid projects and 50 MW and above power source projects. Solar power projects are temporarily not under individually inclusion. Regarding power grid projects, the highest priority goes to the ones included in EVN’s five-year Plan (approved by Prime Minister) and the 220kV transmission grid projects which are included in the Provincial PDP 2016-2025. Those projects are not subject to application requirements. The followed priority order is: (i)The projects included in PDP7 which adjust progress and scale; (ii) The projects help relieving hydroelectric and renewable power; (iii) Projects for new or adjusted load such as industrial zones or plants need large power; and (iv) Power connection projects which are included in the plan but not yet approved for connection or is proposed for adjustment. Regarding power source projects, priority order is: (i) Wind projects with the capacity to finish plant and grid before 11/2021 in the areas without grid overload, therein prioritize the projects which have finished the first phrase, is proposing to increase capacity or is carrying out the second phrase using the existing connection infrastructure; (ii) sewage-to-power projects; (iii) biomass power; (iv) Hydroelectric projects prosing for capacity adjustment; (v) New hydroelectric power; (vi) Traditional projects, prioritize the ones with large renewable energy auxiliary (hydro, gas).
Updates to Draft Decision on solar power projects in Vietnam Lexology 15th Dec 2019
Following the Prime Minister's instructions under Notice No. 402 dated 22 November 2019,1 on 6 December 2019, the Ministry of Industry and Trade ("MOIT") prepared and released a new draft Decision on mechanisms for the development of solar power projects in Vietnam (together with a new proposal to the Prime Minister on related matters, (the "New Draft Decision")). Under the New Draft Decision, for solar farms, the new FiT proposed: For floating solar power projects: VND 1,758 per kWh (equivalent to 7.69 US cent per kWh); For ground-mounted solar power projects: VND 1,620 per kWh (equivalent to 7.09 US cent per kWh). However, this new FiT will only be applicable to solar farms: 1) for which Power Purchase Agreements ("PPAs") have been signed before 22 November 2019; 2) which commenced construction before 22 November 2019; and 3) which will achieve their commercial operation date ("COD") between 1 July 2019 until 31 December 2020. For the 2nd criteria of "commenced construction", the MOIT has clarified in its proposal that eligible solar farms must be limited to those that have: technical design appraised by the relevant authority (i.e., the MOIT or the DOIT depending on the installed capacity) in case of applying a 3-step design option; or detailed (construction drawing) design completed in case of applying a 2-step design option; construction permit (as applicable); and execution of construction contract with relevant contractor(s).
HSBC exits Vinh Tan 3 thermal power project Vietnam Investment Review - VIR 28th Jan 2020
One of the world’s largest financial groups, HSBC, has pulled out of a major coal project in Vietnam, marking the latest move by an international bank to go cold on funding the biggest source of climate-changing greenhouse gas emissions, according to newswire eco-business.com. HSBC was appointed as financial advisor to the $2 billion Vinh Tan 3 project in 2014, but a few days ago, the bank announced that it is no longer involved in the project. HSBC’s cancellation marks the latest move by a major international lender to ease off on bankrolling fossil fuel in Asia. The Vinh Tan 3 thermal power plant, which has three turbines with the total installed capacity of 1,980MW, is the largest coal-fired thermal power facility at the Vinh Tan thermal power centre in Binh Thuan.
Unlock long term financing for solar power in Vietnam Vietnam Investment Review - VIR 27th Jan 2020
The Asian Development Bank has just signed a $37.8 million loan deal with TTC Energy Development Investment JSC to provide long-term financing to develop and operate a 50MW photovoltaic solar power plant in Tay Ninh province in Vietnam. The Asian Development Bank's (ADB) assistance for the Gulf Solar Power Project was provided through an innovative project financing structure which ensured the bankability of the project. The loan is composed of an $11.3 million A loan and a B loan of up to $18.9 million. The loan marks the first transaction under the fund’s Non-Parallel programme and improves the bankability and financial viability of the project to allow other lenders to provide long tenor, US dollar-denominated financing.
Authorities retain high prices to encourage rooftop solar Vietnam Investment Review - VIR 23rd Jan 2020
Vietnam Electricity (EVN) has agreed to keep the current feed-in tariff of 9.35 US cents per kWh for rooftop solar power until 2021 as recommended by the Ministry of Industry and Trade. The ministry had said it was essential to maintain this tariff until 2021 to encourage the development of rooftop solar. The ministry has also asked EVN to be responsible for connecting rooftop solar power systems to the national electricity grid without overloading it. Nationally, rooftop solar power installation is expected to reach 2,000MW by the end of 2020, according to EVN. As traditional power sources run out, the development of renewable energy infrastructure, including rooftop solar power, is crucial to providing enough power to Viet Nam's burgeoning needs.
New solar power prices not incentive enough: Finance Ministry VnExpress International 22nd Jan 2020
The new solar power rates proposed by the Ministry of Industry and Trade (MoIT), much lower than the current average electricity retail price of VND1,864 (8 cents) a kWh, would erase all incentive to develop solar power over other sources, the Finance Ministry has said. The ministry was commenting on a draft regulation by the MoIT, which sets out fixed rates of 7.69 cents per kWh for electricity from floating solar plants; 7.09 cents from on ground plants; and 8.38 cents from rooftop generators, down from the preferential 9.35 cents offered to projects completed before June 30 last year. However, MoIT has yet to set out a clear bidding mechanism for solar power, and needs to do so to minimize risk to investors, the finance ministry added.
Liquefied natural gas-fired power plant to be built in Bac Lieu VietnamPlus 21st Jan 2020
The People’s Committee of Bac Lieu province on January 21 granted an investment decision to Singapore’s Delta Offshore Energy Pte.Ltd (DOE) to build a 3,200MW liquefied natural gas-fired power plant. The project, worth approximately 4 billion USD, is the biggest foreign direct investment (FDI) projects in the Mekong Delta region. According to DOE Singapore, the project will comprise of a power plant built on 40 hectares in Vinh Hau A commune (Hoa Binh district), a floating station to receive and store 150,000-174,000 cubic metres of liquefied natural gas (LNG), a gas recycling station, and a 35km high pressure gas pipeline.
Vietnam increases coal, ore and mineral imports VietnamPlus 17th Jan 2020
Vietnam had a trade deficit of more than 1 billion USD with Australia last year, one year after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect. Of which, coal was the imported commodity with the highest value of 1.45 billion USD in the first 11 months of last year, rocketing by 96.8 percent over the previous year, accounting for 35 percent of total import turnover of goods from this market. Ore and minerals ranked second, valued at 517 million USD, accounting for 12.5 percent of the total import turnover from Australia. Metal products ranked third in turnover, followed by wheat and iron and steel scrap.
Vietnam refinery picks contractors for major maintenance work Tuoi Tre News 10th Jan 2020
Vietnam’s Binh Son Refining and Petrochemical Co said it has signed deals with seven contractors to conduct major maintenance work at its Dung Quat refinery from June. The 130,000-barrel-per-day refinery will be shut for maintenance from June 12 through August 1 this year, the company said late on Thursday. The contractors include firms from Malaysia, South Korea, Thailand and Vietnam, Binh Son said, without disclosing the value of the deals. Dung Quat refinery, Vietnam’s first of its kind, became operational from 2009. This will be the fourth time it undergoes major maintenance.
EVN continues buying power from rooftop solar projects vietnamnews.vn 8th Jan 2020
The Ministry of Industry and Trade has approved Vietnam Electricity (EVN)’s proposal to continue buying power from rooftop solar power projects. The ministry has also asked EVN to be responsible for connecting rooftop solar power systems to the national electricity grid, but it must not overload the grid. Việt Nam currently applies a price of 9.35 US cents per kWh for rooftop solar power.
Vinacomin forecasts more demand for coal vietnamnews.vn 7th Jan 2020
The Việt Nam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin) forecasts another 10 per cent in local consumption demand this year. The firm’s deputy director Nguyễn Hoàng Trung said: “Vinacomin targets a production capacity of 40.5 million tonnes this year, as much as it produced in 2019.” He also forecast about 49 million tonnes of coal will be needed for local consumption in 2020. According the Department of Customs, coal imports increased sharply in 2019 to serve increasing electricity demand. The department calculated in the first eleven months of 2019, Việt Nam spent $3.45 billion on coal imports.
Deputy PM assigns 2020 tasks for PetroVietnam Voice of Vietnam 7th Jan 2020
Deputy Prime Minister Trinh Dinh Dung chaired a conference in Hanoi on Monday to review 2019 activities of the Vietnam Oil and Gas Group (PetroVietnam) and launch its 2020 tasks. Mr. Dung requires PVN to become an important technical and economic sector,performing the task of exploration, exploitation, transportation, processing, storage and distribution of oil and gas. “We need to ensure safe, stable and efficient operation of oil and gas projects, striving to achieve higher results than 2019, especially for petrochemical refining projects. It is important to enhance oil and gas exploration and exploitation, strongly develop the gas industry, and accelerate key projects to ensure oil and gas, and electricity supply for the country,” he said.
Leading NGOs urge Vietnam to scrap new coal-fired power projects - VnExpress International VnExpress International 2nd Jan 2020
12 organizations specializing in health and environment together have called on Vietnam to scrap 14 new coal plants. Concerned by the environmental and health toll that coal-fired power plants exact, leaders of 12 networks and non-government organizations collectively urged Prime Minister Nguyen Xuan Phuc to stop 14 coal-fired plants in Vietnam. Among the signatories to the statement released Monday are Green Innovation and Development Center (Green ID), World Wildlife Fund (WWF), Vietnam Sustainable Energy Alliance, CARE International and Oxfam Vietnam.
State to continue support for fuel price fund vietnamnews.vn 17th Dec 2019
The fuel price stabilisation fund helps the central government manage domestic fuel prices for the foreseeable future, said Hoàng Anh Tuấn, deputy head of the domestic market department under the Ministry of Industry and Trade in a recent meeting with industry leaders. The new Government Decree 83, which oversees regulations on fuel trading in the country, will continue to sanction the controversial fund. Fuel traders and transport companies have argued that the fund, which is funded by fuel consumers for the most part and therefore effectively adds to fuel prices, delivers little to no benefits for traders and consumers alike. In addition, it also creates a gap between the domestic price for fuel and that of the international market which may encourage certain fraudulent activities and cross-border smuggling.
Việt Nam prioritises oil and gas cooperation projects with Russia: PM vietnamnews.vn 17th Dec 2019
The Vietnamese Government always gives top priority to oil and gas cooperation projects with Russia, said Prime Minister Nguyễn Xuân Phúc at a reception for General Director of Zarubezhneft JSC Sergey Ivanovich Kudryashov in Hà Nội on Friday. The PM described Russia as a reliable partner of Viet Nam throughout history, and welcomed the Russian company’s willingness to cooperate with Viet Nam. Kudryashov recalled his impression about PM Phúc’s visit to Zarubezhneft headquarters during his official visit to Russia in May 2019.