Tag - energy

 
 

ENERGY

At KIPI, a 1.06 gigawatt coal-fired plant will power the $2 billion Adaro Minerals Indonesia aluminum smelter due to begin operating in 2025.
ENVIRONMENT / Climate change
Nov 24, 2023
A coal-powered industrial boom is testing Indonesia’s green goals
The reality to support a low-emission ambition lies years in the future
COP28 President Sultan al-Jaber addresses delegates during the Africa Climate Summit in Nairobi on Sept. 5.
ENVIRONMENT / Climate change
Nov 23, 2023
Sultan al-Jaber: the UAE oil boss steering COP28
Climate funding has caused divisions between developed countries held largely responsible for global warming and poorer countries most vulnerable to it.
Despite being a global leader in more costly offshore wind production, the number of new turbines going up in the English countryside has been at a virtual standstill for nearly a decade.
BUSINESS
Nov 22, 2023
Winds of change? The bid to revive England's onshore sector
The number of new turbines going up in the English countryside has been at a virtual standstill for nearly a decade.
A wind turbine and an electricity pylon in Finedon, Britain. Developers can no longer use financial modeling that assumes gas power plants are used constantly throughout their 20-year-plus lifetime, analysts said.
BUSINESS / Economy
Nov 21, 2023
Giant batteries drain economics of gas power plants
Batteries that ensure stable power supply are becoming cheap enough to make developers abandon scores of projects for gas-fired generation worldwide.
The Ministry of Economy, Trade and Industry has been meeting with Japanese buyers, as well as overseas suppliers, to urge the signing of more long-term LNG contracts.
BUSINESS / Companies
Nov 21, 2023
Japan urges LNG buyers to sign long-term deals for fuel security
The push is meant to insulate Japan from future supply shocks, as well as potentially harsher sanctions against Russian fuel exports.
Philippines President Ferdinand Marcos Jr. speaks at the Asia-Pacific Economic Cooperation CEO summit in San Francisco on Wednesday.
ASIA PACIFIC / Politics / ANALYSIS
Nov 20, 2023
Beyond security: U.S. pulls Manila closer via economic cooperation
Despite mounting tensions in the South China Sea, Marcos said a “major step” in enhancing bilateral relations was a landmark nuclear deal with the U.S.
Tanks containing treated radioactive water at the Fukushima No. 1 nuclear power plant in Fukushima Prefecture in August
JAPAN
Nov 20, 2023
Japan completes third round of Fukushima treated water discharge
Tepco released about 7,800 metric tons of processed water about 1 kilometer off the coast via an underwater tunnel from Nov. 2.
Petroleum pipelines and fuel storage tanks at a refinery near Manama, Bahrain, in 2017
ENVIRONMENT
Nov 18, 2023
To meet climate goals, Gulf countries will have to overhaul everything
The growing oil-rich region faces myriad challenges as the world pushes to decarbonize.
An offshore wind turbine, operated by Swancor Holding stands in the Taiwan Strait off the coast of Miaoli County, Taiwan, in 2018.
BUSINESS
Nov 17, 2023
Japan firms exit Taiwan offshore wind projects amid industry woes
Shikoku Electric Power decided to pull out of the Yunlin Offshore Wind Project in the Taiwan Strait due to delays threatening its profitability.
A Komatsu dump truck at the Oyu Tolgoi copper-gold mine in Khanbogd, the South Gobi desert, Mongolia
BUSINESS / Tech
Nov 14, 2023
China tightens grip on copper, key to world’s energy transition
China’s copper smelting capacity will increase by another 45% by 2027
Smoke and steam billow from a coal-fired power plant in Suralaya, Banten province, Indonesia.
ENVIRONMENT / Energy
Nov 13, 2023
Can Indonesia deliver a green power plan for the people?
Communities impacted by a major climate deal are at risk of losing out because they have had limited involvement in planning the transition so far.
A member of the team of experts from the International Atomic Energy Agency (IAEA)  checks fish samples at Hisanohama Port in Iwaki, Fukushima Prefecture, on Oct. 19.
JAPAN / Politics
Nov 11, 2023
Pacific island nations express concern over Fukushima water release
Cook Islands Prime Minister Mark Brown noted "the significance of potential threats of contamination to the health and security of the blue Pacific."
Cosmo Energy is calling another shareholder vote on Dec. 14 to seek approval to discourage an activist group, led by Yoshiaki Murakami, from increasing its stake to 24.56% from the current 20%.
BUSINESS
Nov 10, 2023
Japan's Cosmo braces for 'poison pill' anti-activist vote
The refiner is calling another shareholder vote on Dec. 14 to seek approval to discourage an activist group from increasing its stake.
A newly built floating solar plant that can generate 192 megawatts of peak electricity, on Thursday at Cirata Reservoir, Indonesia.
ENVIRONMENT / Energy
Nov 10, 2023
U.S. and EU lead push for COP28 to endorse tripling of renewables
Nearly 60 countries, including Japan, are backing the targets to be included in the outcome of the U.N.’s upcoming COP28 talks in Dubai.
The Suiso Frontier hydrogen carrier, built by Kawasaki Heavy Industries, in January 2022.
BUSINESS
Nov 10, 2023
Tokyo and Seoul to set up hydrogen and ammonia supply chain: report
Japan and South Korea, both highly dependent on energy imports, plan to work together to negotiate prices and volumes.
Falling energy import costs trimmed Japan's trade deficit in the April-September period, resulting in a record current account surplus.
BUSINESS / Economy
Nov 9, 2023
Japan's current account surplus triples to record ¥12.7 trillion
Primary income stood at ¥18.38 trillion, up 3.9% from a year earlier, as higher overseas yields and a weaker yen boosted the total.
Australian Foreign Minister Penny Wong and Prime Minister Anthony Albanese attend a news conference after visiting the Temple of Heaven in Beijing on Monday.
ASIA PACIFIC / Politics
Nov 9, 2023
Australia’s Albanese to face anti-nuclear push at Pacific talks
Prime Minister Anthony Albanese is beginning 24 hours of intensive meetings between the leaders of the Pacific Islands Forum.
Oil storage tanks at Eneos' Negishi refinery in the Keihin industrial area of Yokohama. The firm said Wednesday that its full-year profit result was expected to increase by 67% from last year.
BUSINESS / Companies
Nov 8, 2023
Eneos raises full-year profit forecast on higher oil, weaker yen
The refiner said its full-year result was expected to increase by 67% from last year.
Buyers gather for an auction at Numanouchi fish port in the city of Iwaki, in Fukushima Prefecture, on Aug. 24.
BUSINESS
Nov 8, 2023
Marine product exports to China tank 90% on year after import ban
Beijing has imposed a blanket import ban on Japanese seafood over Japan's discharge of treated radioactive water into the sea.
The McKinsey & Company logo at the 54th International Paris Airshow on June 21
BUSINESS / Companies
Nov 8, 2023
Top consultancy undermining climate change fight: whistleblowers
Privately, the U.S.-based firm offers energy scenarios at odds with its public climate goals to the summit's decision-makers.

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals