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Vietnam urged to integrate existing measures into nuclear security policy
The International Atomic Energy Agency (IAEA) concluded its security advisory mission in Vietnam for nuclear power, encouraging the country to further integrate its existing systems and measures into a national nuclear security policy. IAEA said Vietnam made progress in putting in place an effective national nuclear security regime for nuclear.
Cambodia has made significant strides to bring electricity to over 98% of its villages. But, because of its reliance to non-renewable like oil, its next challenge is to transition to renewable energy sources. To aid, Leader Energy has acquired a transmission line serving as the backbone of Cambodia’s energy structure.
The Asian Development Bank (ADB) will provide a $125m loan to Uzbekistan to support the Central Asian nation’s in improving its power transmission grid, energy efficiency, and deploying more renewable energy. In a statement, ADB said the fund will be used to rehabilitate Uzbekistan’s 12 transmission lines with a total length of 359 kilometres.
ASEAN’s energy security is at risk as it prepares for gas and coal imports
In countries that make up the Association of Southeast Asian Nations (ASEAN), fossil fuels have long been the dominant source of energy. But now, a troubling trend has emerged. Amidst continuous fossil fuel consumption, ASEAN is on track to become a net importer of natural gas by 2025 and coal by 2039.
KEPCO inks deal with Western Green Energy Hub to develop hydrogen in AU
Wester Green Energy Hub and the Korea Electric Power Corporation signed an MoU, the reinforce cooperation in developing green hydrogen production in Australia. It is said that the project could produce up to 3.5 megatonnes of green hydrogen annually to supply domestically and internationally, including SK.
PIF subsidiary, ACWA Power invest US$3.25b in Saudi Arabia solar projects
Public Investment Fund (PIF) wholly owned company Water and Electricity Holding Company (Badeel) and ACWA Power have invested some US$3.25b in three solar projects in Saudi Arabia. The power purchase agreements, will form part of the National Renewable Energy Program, led by the Ministry of Energy.