Power plants

Sembcorp expands Micron power deal to support AI growth

The chipmaker has begun construction on a Woodlands facility as part of a US$24 billion investment

Trump has repeatedly described power plants being built alongside data centres.

Trump moves to make tech giants pay for surging power costs

The grid operator serves more than 67 million people from the Mid-Atlantic to the Midwest

Sembcorp says the move will add meaningful scale and diversification to its portfolio.
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