If utilities think rooftop solar panels and batteries are bad for business, blockchain should scare the bejeezus out of them. That’s because in addition to helping more people slap panels on their rooftops, the distributed, digital ledger can also be used to trade electricity without a utility even knowing it.
Solar photovoltaic power is going to take over the world because it is scalable in a way no other power source can be. It can be used to build multi-hundred-megawatt power plants, or it can be scaled down. Way down. How far down? Try less than the width of a human hair...
Vietnam and the U.S. held a dialogue on energy security in Hà Nội, with both sides exchanging views on securing critical infrastructure and resources, strategic energy supply diversification and energy tariffs and pricing. The two sides also discussed technical assistance, renewable and new energy technology, and regional interconnectivity.
When the word blockchain is mentioned, thoughts of Bitcoin cryptocurrency naturally arise, but not for energy experts in Southeast Asia who have started to view the technology as an answer to the region’s escalating energy challenges.
Renewable energy producers in Thailand have reason to panic following an announcement that the government will not buy more renewable power over the next five years. The announcement has sparked debate and triggered concerns over the future of renewable energy development, but the policy could open more room for improvement in the sector.
Policy on greenhouse gas emissions reductions is often framed as a trade-off between greater emissions reductions and greater economic growth. However, while emissions clearly can’t be reduced to zero immediately, faster emissions reductions can be accompanied by robust economic performance.
Companies, from Facebook to Budweiser, are now demanding green power programs with “additionality” — that is, which add new clean energy projects to the grid and provide ownership of renewable energy certificates, or RECs. The result is a growing number of utilities are beginning to offer green tariffs that ensure additionality, long-term price stability and RECs.
On January 26, 2018, the EAC issued a set of regulations to clarify the general conditions for installing and operating solar PV systems in Cambodia. Kohe Hasan, partner at Reed Smith and director of Resource Law LLC (Singapore), and Kaknika Lin, assistant consultant at KPMG Cambodia Ltd provide a summary of the key regulations, in addition to discussing the country’s investment climate.