News that the Philippines is set for higher electricity prices this year has sparked protest from legislators and consumers alike, but the rate increases could actually foretell their eventual decline as the segment increases its efficiency.
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Economic update | The Philippines: Powering up
26 Mar 2012
With a well-stocked energy sector, international buyers are lining up to access Brunei Darussalam’s liquefied natural gas (LNG). It will be up to officials to ensure that a balance is struck between fuelling overseas demand and supplying the local economy, and in particular, the country’s growing petrochemicals industry.
Economic update | Thailand: Going for zero
13 Mar 2012
The once elusive promise of “zero energy”, a long-sought milestone in the construction industry, has recently become an attainable objective both globally as well as in Asia. Despite the progress, adapting construction techniques and technology to tropical climates remains a challenge that has only been overcome by a handful of private sector companies.
Articles & Analysis | Processed goods: Expanding refinery capacity and downstream marketing operations from The Report: Kuwait 2012
While the export of crude oil remains a central part of Kuwait’s economy, in the longer term, the government has targeted economic diversification. The most straightforward way to accomplish this is to use the country’s most lucrative natural asset to produce higher-value petrochemicals and refined products. To that end, the government is looking to...
Articles & Analysis | Opening up: The government looks to boost investment in the sector, which could provide opportunities for increased private sector participation from The Report: Kuwait 2012
For many, the passage of the National Development Plan in 2010 heralded an opportunity for Kuwait’s non-energy-related industries to finally come to the fore of the country’s economic development. Indeed, desire to diversify the country’s income stream – around 90% of government revenue over the last 10 years has come from oil receipts – has led to...
Articles & Analysis | More power to them: Taking steps to increase electricity generation capacity from The Report: Kuwait 2012
As the country’s demand for electricity continues to grow, expanding domestic power generating capacity is an increasingly important issue. While the government has worked to add capacity in recent years – notably, the first phase of the 2000-MW Sabiya power station came on-line in 2011 – more will need to be done to avoid any potential shortfalls...