The private sector is accelerating efforts to meet rising energy demand in the Philippines, with liquefied natural gas (LNG) import and processing capacity being fast-tracked as domestic supplies dwindle.
Asia Energy
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Economic update | Indonesia boosts domestic palm oil consumption as currency pressures mount
18 Oct 2018
Regulations mandating the use of palm oil in diesel fuel could help ease Indonesia’s dependence on energy imports and stabilise the local currency, while improving prospects for local palm oil producers.
Economic update | Control of Philippines’ Wholesale Electricity Spot Market moves to independent operator
18 Oct 2018
The Philippines’ electricity market has undergone major reform, with the Wholesale Electricity Spot Market (WESM) passing from state control to a newly formed independent body.
New bids for oil and gas exploration and development rights on a series of blocks, along with reforms to joint-venture requirements, are expected to stoke renewed interest in Myanmar’s energy sector and boost investment inflows.
Thailand’s Ministry of Energy has announced plans to expand the role of renewables and coal in the domestic power mix, in addition to increasing opportunities for small-scale electricity producers.
Economic update | Gas demand set to rise as Indonesia pursues 2019 grid expansion targets
31 Jul 2018
Indonesia’s power sector is expanding gas-fired generation capacity to meet rising electricity consumption, a move that is expected to increase net energy imports as part of plans to meet long-term demand.