Malaysia to stop building coal plants from 2040 World

Malaysia to stop building coal plants from 2040

The Malaysian government will stop building coal power plants starting in 2040, and shift its focus toward clean and renewable energy, according to Minister in the Prime Minister’s department in charge of economy Mustapa Mohamed.
Measures taken to ensure power supply for economic recovery Business

Measures taken to ensure power supply for economic recovery

The Ministry of Industry and Trade (MoIT), the Vietnam Electricity (EVN), and experts shared the view that power supply will be basically guaranteed this year, but the challenge is that demand is forecast to surge amid the post-pandemic economic recovery.
UN promises support for Vietnam’s energy transition scheme Politics

UN promises support for Vietnam’s energy transition scheme

The United Nations (UN) has affirmed its willingness to support Vietnam in establishing a partnership on energy transition with the Group of Seven (G7) nations in a letter of UN Secretary-General Antonio Guterres to Vietnamese Prime Minister Pham Minh Chinh.
National power development plan VIII targets drastic CO2 emissions reduction Business

National power development plan VIII targets drastic CO2 emissions reduction

The latest draft National Power Development Plan for the 2021 - 2030 period, with a vision to 2045 (PDP VIII) has made drastic reduction of CO2 emissions with no new coal-fired power plants to be built in the planning period, and with the switch from coal and natural gas to biomass, ammonia, and hydrogen, according to Deputy Minister of Industry and Trade Dang Hoang An.
Vietnam seeking coal supply from South Africa Business

Vietnam seeking coal supply from South Africa

Minister of Industry and Trade Nguyen Hong Dien met with South African Ambassador Mpetjane Kgaogelo Lekgoro on April 2, saying that Vietnam is now in urgent need of diversifying coal supply sources as it is promoting post-pandemic economic recovery.
Indonesia mulls raising coal DMO to 30 percent World

Indonesia mulls raising coal DMO to 30 percent

Indonesia’s Ministry of Energy and Mineral Resources (EMR) is mulling over a proposal to raise the domestic market obligation (DMO) for coal from 25 percent to 30 percent of total production to anticipate rising domestic demand, Minister Arifin Tasrif has said.
Philippines includes nuclear power into energy programme ASEAN

Philippines includes nuclear power into energy programme

The Philippines on March 3 announced President Rodrigo Duterte's order signed on February 28 on the inclusion of nuclear power in the country’s energy plan amid the country’s preparations to generally get rid of coal-fired power plants.
Top 10 world economic events in 2021 World

Top 10 world economic events in 2021

The global supply chain crisis, the global agreement on minimum corporate tax rate and the record high price of bitcoin are among the top 10 world economic events this year as selected by the Vietnam News Agency (VNA).