energy transition

HOCK LOCK SIEW

Sembcorp’s purchase of Alinta has green risks

Post-acquisition, the Australian utility may present significant capital expenditures or a slower-than-expected green transition

Indonesia’s state-owned utility company PLN cites extremely high costs as the reason behind its decision to scrap Cirebon-1’s early shutdown.

Investor interest in Indonesia’s energy transition may suffer after first coal phase-out project scrapped

The policy U-turn contradicts the country’s own commitments, says a think tank

Clean-energy stocks are among this year’s best performers across regions, with some players' gains exceeding the rally in US tech heavyweights.

Green stocks are big winners as tech boom drives energy demand

Lower interest rates have also improved the outlook for debt-heavy clean-power counters

Vietnam’s Prime Minister Pham Minh Chinh (with raised hand) visited the Nhon Trach 3 and 4 LNG-fired power plants on Dec 14.

Vietnam switches on first LNG-fired power plants, plans 20 more by 2035

Early liquefied natural gas imports have come from Indonesia, Malaysia, Qatar and Russia, with growing interest in US supplies

Alinta’s indirect emissions exceed Sembcorp’s mostly due to contracted power purchased from a coal plant.
ESG INSIGHTS

Issue 175: Sembcorp courts still-brown Alinta; Asia can’t let coal go

This week in ESG: Sembcorp to buy Australian utility A$6.5 billion; coal phase-out fizzling out in Asia

The capital injection from OCBC’s investment arm is part of the bank’s sustainability investment programme, which seeks to directly invest in green and transition assets.

OCBC invests in low-carbon steel in Malaysia’s Sabah

The investment is for the development of a hot briquetted iron plant, which will be part of South-east Asia’s largest integrated low-carbon steel plant

East Asia and South-east Asia are key regions with large pipelines of potential coal phase-out projects, a study finds.
ESG INSIGHTS

Issue 173: Coal confronts imperfect pathways; COP30 leaves world wanting more

This week in ESG: Coal Transition Commission tackles scaling solutions; COP30 wraps up with adaptation target

Reframing climate action as prosperity agenda could  broaden fiscal support, mobilise industry incentives and transform climate spending into long-term investment for resilience and economic revival.

Asia’s path to climate leadership is clear – now the capital must align

For the region to move from passenger to pioneer, it must fix the mismatch between local ambition and global finance

Within Asean, coal plants assessed to have the most opportunities for early shutdown are those operating in liberalised electricity markets or are owned by independent power producers.

COP30: About one-third of world’s coal fleet shows ‘significant’ opportunity for early shutdown, says report

Coal Transition Commission notes that 80% of this capacity are young to middle-aged assets which offer potential for significant emissions reductions