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Energy

The latest news, analysis and opinion on Energy. In-depth analysis, industry insights and expert opinion.

last updated:

9 September, 2024

Finnish guard ship Turvan on duty in the southern Baltic Sea. Photo: EPA-EFE

Finland investigates outage of undersea power link to Estonia

‘The possibility of sabotage cannot be ruled out,’ Fingrid control room manager Arto Pahki said.

20 minutes agovideocam

Business of climate change

Hang Lung pushes for faster decarbonisation in construction sector

22 Dec 2024 - 10:00AM

France’s most powerful nuclear reactor comes on stream after 12-year delay

21 Dec 2024 - 8:40PMvideocam

Business of climate change

Tariff jab at Chinese graphite exports could inflate EV battery costs: analysts

A US coalition of graphite miners has asked the Commerce Department to probe Chinese producers and apply 920 per cent of anti-dumping duties.

20 Dec 2024 - 5:38PMvideocam

Employees inside at a factory producing lithium battery for export in Huaibei in eastern Anhui province. Photo: AFP

Business of climate change

Chinese solar inverter maker Deye to invest US$150 million in Malaysia

Company plans to set up a subsidiary in Malaysia to make solar photovoltaic equipment and energy storage products.

17 Dec 2024 - 12:36PM

Banking & finance

Exclusive | China-UAE ties evolve as Gulf nation acts as global ‘superconnector’

China’s growing heft in innovative industries is driving partnerships with the UAE, HSBC’s country head says.

17 Dec 2024 - 8:38AM

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China energy security

China’s nuclear power ambitions at core of energy security amid safety concerns

Now the world’s biggest market for nuclear power, China has more than 100 reactors in use or being built along the nation’s coastline.

16 Dec 2024 - 11:30PM

With a combined installed capacity of 113 million kilowatts, China currently has 102 reactors in use or being built. Image: Shutterstock

Can Singapore’s green energy push be powered with Malaysia’s help?

Singapore has begun low-carbon electricity imports from Malaysia – but regional cooperation and cost-sharing are still an issue.

16 Dec 2024 - 10:09AMvideocam

Gunmen clash in Libya as fires erupt at a nearby oil refinery, officials say

Residents were trapped in western Libya between Shurafaa tribe gunmen and the warlord Mohamed Kushalf.

15 Dec 2024 - 9:38PM

Egypt inaugurates UAE-built US$500 million solar power plant

The power plant comes amid a push by the Egyptian government to boost renewable energy production after last summer’s severe power outages.

14 Dec 2024 - 9:37PM

Visitors on camels pose for pictures with the Pyramids. Photo: AP

Iran confirms increase in IAEA nuclear inspections

Iran’s nuclear chief says ‘it is natural’ to increase the number of inspections with an increase to capacity and nuclear activities.

14 Dec 2024 - 6:59PM

An Iranian flag flies in front of the UN office building. Photo: Reuters

China manufacturing

China aims to heal wounds of ‘involution’ as officials vow to stem bloodletting

Beijing intends to rectify ‘neijuan-style’ competition that has caused overcapacity concerns and taken a toll on profits, especially in new-energy sector.

14 Dec 2024 - 10:00AM

Canada weighs export taxes on uranium and oil If Trump starts trade war

Such levies would be a last resort for Trudeau’s government, coming after retaliatory duties on US-made goods.

13 Dec 2024 - 5:28AMvideocam

Trillion-dollar ambition: Saudi Arabia accelerates metal mining plans

The kingdom has signed a slew of deals with Chinese, Indian and Australian companies amid growing interest in its massive mineral reserves.

7 Dec 2024 - 5:00PM

Riyadh. Saudi Arabia is looking to become a major global mining and metals player. Photo: Shutterstock

Business of climate change

Hong Kong’s status as aviation, maritime hub faces green fuel challenge

Hong Kong has to act fast if it wants to become a green fuel hub for the aviation and maritime sectors, as both Singapore and China are way ahead, analysts say.

7 Dec 2024 - 10:20AM

Illustration by Henry Wong

Business of climate change

China urges tie-ups for solar firms to navigate tariffs, trade tensions

Commerce ministry official asks companies to seek partnerships in belt and road countries and invest in solar power projects.

5 Dec 2024 - 7:45PMvideocam

Business of climate change

Hong Kong bus firms need urgent help to buy zero-emission fleets: think tank

Companies face nearly US$770 million in spending they cannot handle without business model changes, says government-commissioned report.

5 Dec 2024 - 5:03PMvideocam

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China’s solar industry calls for tougher rules to keep lights on

China’s photovoltaic makers seek stricter market control amid price war and overcapacity, similar to those for the steel and cement industries.

5 Dec 2024 - 4:50PMvideocam

An employee check solar photovoltaic modules at a factory in Sihong, in Jiangsu province. The sector faces huge overcapacity in China. Photo: AFP

Is Indonesia ready for Prabowo’s dream of phasing out fossil fuels?

Indonesia will require ‘significant policy reforms’ to achieve Prabowo’s net-zero emissions goal by 2050, analysts say.

4 Dec 2024 - 2:27PM

Trump says Canada could be 51st US state. A Canadian minister says he was joking

The US president-elect made the remarks in jest during a dinner with PM Justin Trudeau, says Dominic LeBlanc, who was at the event.

4 Dec 2024 - 1:50PMvideocam

Renewable energy

China needs new clean-energy tech investments after wind and solar boom

Greater capital is required in areas such as energy storage, hydrogen and sustainable aviation fuel.

3 Dec 2024 - 4:42PM

China is already investing heavily in energy storage, but needs to adopt market-based principles to create more incentives for investors. Photo: Shutterstock

Business of climate change

Opinion | Indonesia can’t afford to abandon coal as it shifts to greener energy

Phasing down coal and investing in renewable energy can ensure energy security and economic stability while creating a greener future.

3 Dec 2024 - 4:30PMvideocam

Women sit on a hill overlooking the Suralaya coal power plant in Cilegon, Indonesia, in 2023. Photo: AP

Opinion | Southeast Asia’s energy transition is lacking both finance and policy

The bulk of funds needed will have to come from private finance, which requires a conducive environment that regulatory policy can create.

3 Dec 2024 - 5:40AMvideocam

UK wind power boom to cost taxpayers US$1.3 billion in wasted energy

Despite record wind generation, the grid can’t handle the influx, forcing operators to pay wind farms to shut down.

2 Dec 2024 - 6:06PM

Norway suspends deep-sea mining projects, government ally says

Oslo had plans to open large areas of its Arctic region next year for its inaugural seabed licensing round.

2 Dec 2024 - 10:40AM

Norwegian oilfield platforms in the North Sea. File photo: Reuters

Indonesia’s nuclear energy push pits growth against safety concerns

President Prabowo Subianto plans to build two new nuclear plants as part of Indonesia’s goal to derive more energy from clean sources.

1 Dec 2024 - 4:00PM

A nuclear research reactor in Serpong, Indonesia. Photo: AFP

Glittering dreams: India’s big push for solar power

Developing the Khavda plant is key to India’s solar power strategy.

1 Dec 2024 - 1:12PM

Opinion | Did Cop29 make any meaningful progress on climate change?

Market reforms are needed to motivate investors to deliver more affordable capital and to level the playing field between fossil fuels and renewables.

1 Dec 2024 - 5:30AMvideocam

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