Page 3 - AsiaElec Week 30 2021
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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






















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