News

Indonesia’s energy transition is progressing slower than anticipated, with experts pointing to the inefficiency of state-owned utility PLN and fragmented policies that are limiting the number of bankable projects.

Amid rising tensions in the Middle East, Iranian authorities have threatened to block the Strait of Hormuz, a critical chokepoint for global energy trade. Roughly 80% of oil and gas exported through the strait is destined for Asia.

Vietnam’s offshore wind potential remains largely untapped, and the sector is progressing at a relatively slow pace. Nevertheless, multinational companies from the U.S., Europe, and China continue to express strong confidence in its long-term prospects.

To help businesses advance their net-zero transformation, RECCESSARY, a new energy and carbon market media platform, and EnergyOMNI, a net-zero knowledge platform, jointly hosted the New Energy and Carbon Market Business Forum on June 19.

As the founder of the bilingual energy media platform EnergyOMNI, Xin-En Wu has become a prominent observer and active participant in Taiwan's evolving energy policy and transition landscape.

"Everyone has heard of Virtual Power Plants but may not fully grasp their definition or the problems they truly solve," states Roger Chen, Head of Enel X Taiwan."

The EU’s CBAM, starting in 2027, will impose carbon tariffs on high-emission imports—posing a major challenge to Vietnam’s steel exports. In response, Hoa Phat and VNSteel are stepping up decarbonization efforts and investing in green energy.

The Thai government is ramping up efforts in green technology by selecting four promising sustainability-focused startups through its National Innovation Agency (NIA).

A nationwide spike in electricity usage, driven by ongoing heatwaves in northern and central Vietnam, set a new all-time high on the afternoon of June 2. Prime Minister Pham Minh Chinh has issued an urgent directive to ensure stability.

The Thai government plans to roll out a new bill to promote the adoption of rooftop solar systems among households. By simplifying procedures and reducing costs, the bill aims to increase public willingness to install rooftop solar.