Tag: fossil fuel

ASEAN Renewable Energy Regional Approach: Report

ASEAN Renewable Energy Regional Approach: Report

May 12, 2023 | ,

The long-term roadmap for the ASEAN region includes identifying seven key strategies to strengthen the enabling environment, attract climate financing, promote research and development, increase investment attractiveness, establish an ASEAN renewable energy facility, enhance interconnection, and catalyse future investments. ASEAN member countries must learn from each other in formulating robust policies and competitive renewable energy markets in the region.

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Energy Charter Treaty: E3G Briefing

Energy Charter Treaty: E3G Briefing

September 23, 2022 | ,

Given the necessity to grow non-fossil energy investment in Europe to handle the current crisis and the urgency to act on climate change, the EU and UK cannot afford a treaty that limits their agency in driving the necessary change. They must thus agree on a coordinated withdrawal from the Treaty. This E3G briefing explores what is needed for the ECT to be aligned with the Paris Agreement and why the reform still falls short.

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Storing for the Future: Role of CCUS in low carbon development in ASEAN

Storing for the Future: Role of CCUS in low carbon development in ASEAN

February 20, 2022 |

In ASEAN, CCUS could be fundamental in helping the region decarbonise   energy   systems   from   coal-based   electricity   generation and in achieving the net-zero target. Some AMS have  expressed  interest  in  deploying  CCUS  technologies  in  their   countries.   However,   none   has   established   specific   measures or an action plan, such as policy support from governments towards the energy transition and low-carbon economy through CCUS development.

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UK electricity prices quadrupled in 2021 and fossil gas is to blame

UK electricity prices quadrupled in 2021 and fossil gas is to blame

January 16, 2022 |

The cap on UK energy bills is set for an unprecedented increase in April 2022, likely pushing millions more into energy poverty. Despite claims by a small group of Conservative MPs in the ‘Net Zero Scrutiny Group’, the energy crisis has almost nothing to do with green subsidies. The principal reason is the skyrocketing price of fossil gas. Previously Ember forecasted that the gas price spike will add £29 billion to UK electricity bills in 2022.

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If data is the new oil, is Hydrogen the new gas?

If data is the new oil, is Hydrogen the new gas?

September 13, 2021 |

Reducing the cost of green H2 depends crucially on two inputs: A combination of cheap RE and large-scale electrolysers reduces the cost of H2 by 75 per cent. Add in the potential for cheap financing via green bonds, expected to grow from issue volume of US $2 trillion this year to US $50 trillion by 2030, the possibility of government subsidies and the dream becomes an achievable tech-play.

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The way forward for hydrogen in ASEAN

The way forward for hydrogen in ASEAN

September 8, 2021 |

The ASEAN Centre for Energy has published a report titled, “Hydrogen in ASEAN: Economic Prospects, Development and Applications”. The report analyses the need, potential, economics, roadmap and policy implications for the hydrogen sector in ASEAN. REGlobal provides an extract from the report.

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