Electricity

China’s ‘supergrid’ gives Xi buffer against energy shocks

The world’s No 2 economy has become one of the biggest investors in power grids globally

Petrol and diesel prices have climbed as the Strait of Hormuz’s closure disrupts fuel supply. Electricity rates are set to climb as well.

Costs running up for Singapore businesses as Gulf conflict jacks up energy prices

Already hit by rising fuel costs, anticipated electricity price hikes could worsen the blow

Consumers and businesses in Singapore may soon see petrol prices rise again after a round of hikes last week.

Further spikes in Singapore petrol, power prices loom with oil topping US$100

Some 15 million barrels of crude oil and 290 million cubic m of LNG pass through Hormuz each day from the Middle East to mainly Asia and Europe

Instead of relying on EVN’s monopoly system and generous tariff payments guaranteed for 20 years, electricity prices are now negotiated in the wholesale market, reallocating risks among developers, large buyers and the state utility.

Vietnam reboots direct clean-power push after pricing hurdles slow corporate uptake

Market players say there is long-term upside in the new mechanism even as subsidy-era disputes remain unresolved

Singapore's electricity market was previously hit by the global energy crisis between 2021 and 2022, with large swings in wholesale electricity prices.

Singapore energy regulator cautions Gulf conflict could hike electricity prices; market players on alert

Meanwhile, petrol companies in the Republic have been quick to raise pump prices

The surge in renewable energy is allowing China to meet growing power demand without increasing emissions, but their intermittency is straining the grid.

China’s five-year plan to target fixes to commodities supply

Beijing wants to strengthen resilience in some areas and ease cutthroat competition in others

The ratepayer protection pledge marks the latest step in Trump’s push to address a significant political challenge, mounting electricity prices, before the November midterm elections.

Trump summons Amazon, Google, Meta to sign power-cost pledge

Analysts say major tech firms behind the AI data centre boom are happy to pay more for the power they need

The existing Malampaya gas field sits off the coast of Palawan within the Philippines’ exclusive economic zone, facing the contested South China Sea.

Malampaya’s new gas find may steady Philippines’ power supply, but cheaper bills remain elusive

Electricity tariffs in the country consistently rank among the region’s steepest

State-owned Cnooc’s expansion comes as China continues a world-beating renewables rollout that’s helped cap coal growth in the world’s top polluter.

Cnooc to lift offshore wind power capacity by 40% this year

Beijing has pledged to double combined wind and solar capacity by 2035

A global decline in battery costs is resulting in an acceleration of installations, which help grids integrate intermittent renewables.

Malaysia’s solar leader to ramp up output as battery prices drop

Solarvest currently has around 1.2 GW of capacity in the South-east Asian country