Archive | June, 2009

CHINA: National wind power capacity hits 12 million KW

(EnergyAsia, July 1, Wednesday) — China’s wind power generation capacity has reached 12 million kilowatts (KW), making it the world’s fourth largest wind power producer after the US, Germany and Spain. China’s 200 wind power plants now accounts for 1.5% of its overall installed electricity generation capacity.   The government is planning more wind power […]

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CHINA: Government wants more energy efficient air conditioners

(EnergyAsia, July 1, Wednesday) — The Chinese government has launched a campaign to achieve huge energy savings through improved air conditioners and other electrical appliances. It estimates that the country’s use of energy-efficient air conditioners could help it save 75 terawatt hours of electricity each year. That translates to 75 million tonnes of carbon dioxide […]

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INDONESIA: Government aims to raise biofuel subsidy

(EnergyAsia, July 1, Wednesday) — The Indonesian government has proposed to raise the country’s biofuel subsidy to 1.55 trillion rupiah next year. (US$1=10,132 rupiah).   The increase was linked to the increase in international crude oil prices, according to the country’s director general for oil and gas.   Crude has more than doubled since the […]

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SINGAPORE: Government to build and own country’s first LNG import terminal

(EnergyAsia, July 1, Wednesday) — The Singapore government will develop and own the country’s first liquefied natural gas (LNG) import terminal, taking over from a consortium comprising state PowerGas Limited and GDF Suez. This decision was announced yesterday by S. Iswaran, Senior Minister of State for Trade and Industry, and Education, at the Next Generation […]

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AUSTRALIA: AGL acquires two wind farm developments from Transfield Services

(EnergyAsia, July 1, Wednesday) — Australia’s AGL Energy Limited (AGL) said it has acquired two wind farm developments from Transfield Services Limited for A$9 million. (US$1=A$1.25). Under the agreement, AGL acquired the right to install up to 62 turbines (estimated capacity between 124 MW and 186 MW) at Barn Hill, located 170km north of Adelaide […]

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JAPAN: MHI’s CO2 capture technology selected for UK demonstration competition

(EnergyAsia, July 1, Wednesday) — Japan’s Mitsubishi Heavy Industries Ltd (MHI) said it has been selected to provide E.ON UK’s carbon dioxide (CO2) capture technology for application in a demonstration competition organised by the UK government. MHI, in consortium with UK’s Foster Wheeler Energy Limited, has received an order from E.ON UK plc, a leading […]

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MARKETS: World’s largest oil companies to invest over US$375 billion despite weak demand concerns

(EnergyAsia, July 1, Wednesday) — The world’s largest national oil companies (NOCs) and super majors are planning to invest more than US$375 billion despite concerns over weak oil demand, said consultant Ernst & Young. In a report, Investing for the upturn, Ernst & Young found that the largest NOCs will invest over US$275 billion to […]

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