energy prices
UK homes install solar at fastest pace since 2015 as prices drop
UK HOMES are installing solar panels at their fastest rate in a decade as the technology’s cost continues to fall.
UK energy watchdog plans to tackle £4.4 billion consumer debts
[LONDON] Britain’s energy regulator Ofgem announced plans on Thursday to tackle £4.4 billion (S$7.5 billion) of debts built up by customers, which are driving up bills for millions of households.
Clean energy is driving coal’s decline in the Philippines, not LNG
Renewables have rapidly outpaced the growth of LNG while gas-fired power generation remains below historical levels
Possible Hormuz blockade threatens Asia’s energy lifeline, unsettling oil market
About 20% of global oil and LNG supplies, including about half of China’s oil imports, hang in the balance as Iran decides its plans after US strikes
Oil surge puts Singapore on alert as Strait of Hormuz risk grows
Analysts warn of worst-case scenario that could send prices past the US$100 per barrel mark and hurt the city-state’s and global growth, though for now, fundamentals point to weaker oil
SGX-listed energy stocks surge, regional names mixed, as oil prices rally on Israel-Iran conflict
Analysts doubtful that oil prices will jump further; attacks on US assets or regional oil production pose danger
Asia’s electricity prices to be increasingly impacted by renewables: BMI
While such power sources are key to a smooth transition, their associated expenses ‘will significantly impact the overall cost’, adds its report
Stirred but not shaken, Singapore’s oil hub status could see opportunities from US tariff poser
The city-state may be able to leverage its robust infrastructure and strategic location to help companies adjust
China, India natural gas imports will impact Apac prices: panellists
Japan, South Korea and Australia are heavily dependent on liquified natural gas from overseas for their energy needs
Trump’s ‘drill baby, drill’ push rattles oil markets, but economics may limit impact
The newly sworn-in president promised to export US energy ‘all over the world’, which goes against Biden’s climate-focused policies