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Energy and utilities
The Energy sector plays a pivotal role in economic and social development by supplying what might be described as the “flow of blood” to production and transportation systems. Its main objective is to ensure the reliable, affordable and clean energy needed by modern societies, thus contributing to well-being and prosperity around the globe.
The Energy sector involves the generation, transmission and distribution of electricity derived from a variety of sources, including fossil fuels, nuclear power and renewable sources. It also includes activities concerned with fuels themselves, which extend along the entire value chain, such as oil and gas extraction and transportation, coal mining, refining of petroleum products, and wholesaling and retailing of fuels.
The electric power sector is an important driver of economic development and employment growth for energy-hungry Indonesia. The sector employed some 320,000 people as of 2022. The country's power generation mix is dominated by coal, which accounts ...
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Vietnam's national electricity development plan forecasts solar energy in the capacity mix to grow from 8.5% in 2030 to as much as 34.4% in 2050. Offshore wind is also expected to substantiate more of the capacity mix growing from 4% in 2030 to 16% ...
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With over 660mn people, and a combined economy that represents the fifth largest in the world, the 10 countries forming the Association of Southeast Asian Nations (ASEAN) region have been relying on fossil fuels to power their fast growth. The ASEAN ...
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Coal power still has a towering presence in China's electricity generation, but the share of nuclear and renewable energy keeps increasing as the country is changing course towards a cleaner energy mix. According to the International Energy Agency ...
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Malaysia's electric power sector consists of three geographical markets, namely Peninsular Malaysia, Sabah (including Labuan) and Sarawak. Tenaga Nasional Bhd (TNB) is the main utility provider in Peninsular Malaysia, and its counterparts in Sabah ...
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At the United Nations Climate Change Conference (COP26) in November 2021, Thailand announced its goal to achieve carbon neutrality by 2050. The Power Development Plan 2018, Revision 1 (PDP2018, Revision 1), which was updated in October 2020, outlined ...
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India is the world's third-largest producer and consumer of electricity. On a per capita basis, as per CEA, the electricity consumption stood at 1,255KWh in FY2022, which is approximately 1/3rd the global average. As the economy grows, electricity ...
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