Fossil fuels

THE BOTTOM LINE

Fuel and feed South-east Asia from within

The region must reduce fossil fuel dependence and build a more diversified energy mix

Chinese power plants have been instructed to stock up on the fuel ahead of summer demand season, the China Coal Transportation and Distribution Association said.

China burns more fossil fuels for power as coal production slips

Down by 1% in April, it has fallen in a month typically associated with seasonal maintenance

As the world’s third-largest oil trading hub and sixth-largest refinery export hub, Singapore is deeply connected to global energy flows.

‘Sufficient’ fuel and food reserves, but Singaporeans may face higher prices and fewer options: Shanmugam

There is a ‘low probability’ of disruptions to domestic energy and electricity supply due to the Iran war, but they cannot be ruled out, he says

This is the first time OCBC's sustainability report is aligned with recommendations from the International Sustainability Standards Board.

OCBC cuts financed emissions in all targeted ‘dirty’ sectors in 2024

The bank’s reductions in oil and gas already surpass its 2030 goal, but annual performance depends on factors that may be outside control

Renewable energy has become the most cost-competitive option for new power generation in many markets.
NEW GLOBAL ORDER

A new decisive moment for renewable energy

Decentralised, regionally integrated energy systems grounded in renewables offer greater predictability

The oil crisis could push governments to diversify into renewables – or return to domestically produced coal, a fossil fuel which the region has struggled to phase out.

Middle East oil shocks send S-E Asia scrambling for alternatives, but cleaner mix is no easy choice

The crisis may be a catalyst – or obstacle – for the region’s renewable energy transition goals

Malaysia is expected to be the first hit by unseasonal heat in South-east Asia from March to May.

South-east Asia faces sweltering heat as war limits energy supply

A prolonged disruption will threaten the fossil-fuel-reliant region’s power generation into April and May

Asia’s fleet of 2,000 coal plants is also decades younger than that of Europe and the US, and retiring it early requires financial support to end power-purchase agreements.

Tactics to dump coal are failing in Asia as energy demand booms

The region has struggled to wean itself off a fossil fuel that remains a cost-competitive source of stable power thanks to its abundance

The new laws were passed by the ruling Labor Party after weeks of tense backdoor negotiations with the Greens, who said they had secured “significant wins to protect forests”.

Australia overhauls decades-old environmental laws

LARGE carbon-emitting projects in Australia will be required to disclose their greenhouse gas emissions as well as pollution reduction goals under new legislation overhauling decades-old environmental...