Tag: Electricity

Singapore’s homegrown electricity retailer Union Power Pte Ltd (“Union Power”) has been appointed as distribution partner for a proposed US$5 billion project promoted by Anantara Energy Holdings Pte Ltd (“Anantara”) to generate renewable energy in Indonesia and export up to 4 TWh annually back to the city-state. Anantara’s project involves generating up to 3.5 GW of solar photovoltaic (PV) energy from a 4,000-hectare site in the Riau Islands and a battery capable of storing up to 12 GWh – one of the largest in the world – before being connected to Singapore via an undersea cable. The electricity import is ... Read more

A Clean Electricity Standard discussion paper to be published in March 2022 will help guide engagements to inform the design and scope of the regulation, which will help drive progress towards achieving a net-zero electricity grid by 2035. At the United Nations Climate Change Conference (COP26), Prime Minister Justin Trudeau announced that Canada had set a goal of a net-zero electricity grid by 2035. This accelerates the original target outlined in Canada’s strengthened climate plan (December 2020) by fifteen years. A Clean Electricity Standard discussion paper to be published in March 2022 will help guide engagements to inform the design ... Read more

The Union Ministry of Power has promulgated the Electricity (Transmission System Planning, Development and Recovery of Inter-State Transmission Charges) Rules 2021. This paves the way for overhauling of transmission system planning, towards giving power sector utilities easier access to the electricity transmission network across the country.             At present, generating companies apply for long-term access (LTA) based on their supply tie-ups, while medium-term and short-term transmission access is acquired within the available margins. Based on LTA application, incremental transmission capacity is added. A number of sector developments, such as the increasing focus on renewable energy, and the development of the ... Read more

Sky, Europe’s leading media and entertainment company, has today announced it has met its target to source 100% renewable electricity across its entire business, as it continues towards its ambition to be net zero carbon by 2030. Sky’s offices, retail stores and journalism hubs across the world are now powered by renewable electricity* which has in turn contributed to a 22.7% reduction in emissions across Scopes 1 & 2 from the 2018 baseline. Sky has also published the reporting methodology for its Scope 3 emissions which are responsible for 98% of its total value chain emissions and includes the use ... Read more