Taiwan is currently “99 per cent dependent upon energy imports”, according to energy ministry officials. However, a new energy policy promulgated by President Tsai Ing Wen’s government aims to sharply reduce this dependence on imported energy - in particular coal, oil, and natural gas - by 2025.
Tokyo Electric Power Co. (Tepco), Kansai Electric Power, Chubu Electric Power, and Hokuriku Electric Power have announced plans to grant access to each other’s backup power reserves to better handle dips in renewable energy output and other non-emergency situations.
South Korea has announced that it plans to increase its solar-generated power by five times the current by 2030 to boost use of renewable sources in the country’s energy mix.
Shahid Khaqan Abbasi, Prime Minister of Pakistan, has said that the country will completely phase out furnace oil-based power generation to mitigate oil’s negative impact on the environment.
A unit of China Three Gorges Corporation has announced that it will construct a $151 million floating solar power plant, the largest in the world, in the Chinese province of Anhui.
India has moved closer to signing a tripartite Inter-Government Agreement (IGA) involving Russia and Bangladesh for Rooppur Nuclear Power Plant near Dhaka, Bangladesh.
GE Power has announced that it has been selected by the Jiangsu Etern Company Limited to supply its LMS100 gas turbine for a 100 MW simple cycle natural gas-fired power plant located in Shahjibazar in Bangladesh.
Beijing has said that it should be feasible to scrap the subsidy support for China’s wind power development by 2022, given the expected decline in generation costs from lower turbine costs and higher production yields.
Hydroelectric power plants owned by the Punjab State Power Corporation Limited (PSPCL) in India have produced 23 per cent more electricity from the months since April 2017 compared with the same period last year.
The Afghanistan Government has signed a Memorandum of Understanding with Siemens and Bayat Power for the provision by Siemens of its SGT-A45 mobile gas turbine for a three-phase energy project in the country.