Power plants

BROKERS’ TAKE

Sembcorp’s Alinta Energy buy: One step forward on earnings, two steps back on emissions?

Sembcorp says the acquisition is driven by Alinta’s renewables pivot, not its Loy Yang B coal-fired power station

The move will add “meaningful scale and diversification to Sembcorp’s portfolio across renewables, energy storage and gas assets”, says the company.

Sembcorp to acquire Australian power company Alinta Energy in A$6.5 billion deal

The asset is country’s fourth-largest utilities provider with around 1.1 million customers

The Suralaya coal-fired power plant in Cilegon, Banten in Indonesia;  the report has found that coal-fired power plants account for the largest share of both current and projected losses.

Asian utility companies to face climate-driven losses of US$8.4 billion by 2050: report

A report by the Asia Investor Group on Climate Change and MSCI notes that failure to adapt will increase operational costs and fixed asset losses

Russia supplies about a quarter of the enriched uranium needed by America’s fleet 94 nuclear reactors, which generate about a fifth of US electricity.

US looks to boost strategic uranium reserve for nuclear power

The White House has issued an executive order in May that’s intended to accelerate the deployment of advanced reactors

The country’s corporate tax rate is 20%, but Vietnam has for years offered large foreign investors effective rates as low as 5 per cent and extended tax vacations.

Vietnam to exempt Mitsubishi, Kepco, other coal power plant operators from global tax, document shows

The companies may still be forced to pay the top-up tax in other jurisdictions

For all of China’s heft in the global gas market, the fuel still plays a relatively minor role in its power sector because it’s more expensive than coal or renewables.

China’s limp LNG demand faces more hurdles from Guangdong reform

The world’s biggest LNG buyer has already seen imports plunge 19% over the first seven months of the year

Tthe government in Jakarta is considering export levies on coal, which will only weaken the fuel’s attractiveness for buyers in China.

China shuns low-grade coal from Indonesia as imports collapse

Over the past three years, the world’s second-largest economy has stepped up imports of lignite, or brown coal, from the South-east Asian nation, blending it with higher grades for use in power statio...

Carbon capture and storage costs for natural gas are the highest among fuel types that Singapore uses for electricity generation.
ESG INSIGHTS

Issue 155: Singapore’s natural gas challenge; Temasek keeps bets on renewables

This week in ESG: Singapore approves carbon capture and storage studies; Temasek explains ‘geopolitically resilient’ thesis

Such energy storage systems help to enhance stability in the electricity grid at a time when there are greater supplies of solar and wind power.

Tesla to build first grid-scale power plant in China

The contract comes at a moment of tension between Washington and Beijing