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AsiaElec CONTENTS AsiaElec
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AsiaElec
Asia Power Monitor
COMMENTARY
EU takes carbon pricing initiative with CBAM 4
INVESTMENT
IEA warns that only 2% of post-pandemic spending is green 6
Net zero by 2050 could cost $173 trillion: BNEF 7
POLICY
Fossil fuels continue to dominate Indonesia’s new NDC 8
India urged to improve power distribution and speed up coal
decommissioning 9
COAL
Philippines’ San Miguel abandons long list of coal projects 10
Hyundai E&C announces coal exit 11
Chevron misses CCS target at Gorgon LNG 12
Thailand’s EGAT approves 1,400-MW gas power plant, replacing coal
TPPs 13
RENEWABLES
Sunseap invests $2bn in floating solar 14
HYDROGEN
IOC looks to build India’s first green hydrogen project 14
NEWS IN BRIEF 15
NewsBase’s Power Roundup Global [NRG Power] 16
Have a question or comment? Contact the editor – Richard Lockhart (richardl@newsbase.com)
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Week 30 28•July•2021 www. NEWSBASE .com P3