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KS Orka’s gradual development model increases geothermal projects success

When it comes to developing geothermal power plants, the traditional approach is risky and time-consuming. But Indonesian power plant developer KS Orka has found a solution: the gradual development model. This model minimises operational risk and costs, converting any well with a pressure of 4 bar or more into electricity.

ACEN’s successful ETM deal marks a new era for coal divestment

For years, the Philippine-based energy group ACEN has been working towards divesting the South Luzon Thermal Energy Corp. (SLTEC) power plant. But traditional banks and investors are moving away from financing coal. With the help of ADB’s Energy Transition Mechanism, ACEN was able to divest the plant in November 2022.

Philippines considers nuclear as a solution to baseload power crisis

The Philippines is facing a significant challenge as around 80% of its baseload power is under threat. To address the issue, the country must transition away from coal, and the adoption of nuclear power is the fastest option. It would also make electricity costs affordable, said the Department of Science and Technology–Philippine Nuclear Research Institute.

Reducing green hydrogen production costs hangs on gov’t support

Hydrogen has the potential to transform the global energy landscape, but in order to fully tap into this potential, governments must implement policies such as tax or benefit schemes that support investment and lower production costs. It is crucial to act now in order to fully realise the potential of hydrogen in the energy transition.

Indonesia’s new regulation speeds up energy transitions

The government has issued Presidential Regulation No. 112 of 2022 to limit the coal-fired power plants and gradually reduce coal consumption. It will set Indonesia to undergo a renewed and aggressive commitment to transition to cleaner energy. It will also limit the construction of new CFPPs and encourage the early retirement of CFPPs in Indonesia.

Southeast Asia’s nuclear ambitions dashed by public opinion

After the nuclear disasters at Chernobyl and Fukushima Daiichi, nuclear power has had a negative lasting impact on public perception. Whilst some regions have been able to revive the use of nuclear energy, Southeast Asia has yet to see its first operational nuclear power plant. As of 2023, there are 422 operable nuclear power reactors in the world.