Tagged Posts for Energy-transition
SIEW 2025: Tuas Power’s Steam Generation Plant to Run on 100% Biomass
Tuas Power’s plan to convert its steam generation plant, Singapore’s largest, to run on 100% renewable biomass by 2028 exemplifies a collective effort crucial for the country’s energy transition, said speakers on a panel during Singapore International Energy Week on Thursday. Read More
OPIS Forum: Energy Transition is about Diversification, Not a Linear Shift
The simultaneous rise in consumption of both fossil fuels and renewables is making energy transition less a simple phase-out of traditional fuels and more an expansion of power sources, with the process likely to take longer than expected, given varying stages of development across the world, said panelists at the OPIS Energy and Chemicals Forum on Wednesday. Read More
OPIS Forum: China’s EV Growth Putting Brakes on Gasoline Demand
Electric vehicles are spearheading China’s energy transition, with the cheaper costs of electricity putting pressure on the growth of gasoline consumption , according to findings from Sinopec Economics and Development Research Institute, presented at the OPIS Energy and Chemicals Forum in Singapore on Wednesday. Read More
OPIS Forum: China’s Primary Energy Consumption Forecast to Grow at Slower Rate
China’s primary energy consumption is expected to maintain its growth momentum till around 2040, albeit at a decelerating pace, according to Sinopec Economics and Development Research Institute at the OPIS Energy and Chemicals Forum in Singapore on Wednesday. Read More
INEOS Faces $31 Million Penalty Despite Reducing Carbon Emissions by 75%
INEOS Acetyls has said it faces a £23 million ($31 million) penalty in withheld carbon credits despite slashing emissions by 75% at its site based in Hull, in the north of England. Read More
Focus on Development, not Climate, World Bank Climate Change Team Told
The World Bank's core mission is development and language around the institution's work and investments should align more with that and not climate, according to an internal email seen by OPIS. Read More