Energy and Environment
IEA: ASEAN Should Diversify Energy by Learning from European Energy Crisis
The International Energy Agency (IEA) has warned that Southeast Asia is vulnerable to the energy crisis due to the rapid growth of regional demand and should diversify its energy sources. IEA Executive Director Fatih Birol said in CNA on 25 October that Southeast Asia should learn from the crisis in Europe due to Russia's heavy reliance on energy. “Europe made a mistake, despite the IEA’s ye...
Read MoreMOE vows to fully support renewable energy development projects
The Ministry of Environment has expressed its full support for the development of renewable energy and the promotion of energy efficiency in Cambodia. This was stated by HE Eang Sophalleth, Secretary of State of the Ministry of Environment in the program "Towards Energy Efficiency and Renewable Energy in the Garment Industry in Cambodia" on October 25, 2022. The event was organized by the Globa...
Read MorePestech’s Subsidiary Disposes of Transmission System Project in Cambodia
Pestech International Bhd’s subsidiary is disposing of a transmission system project in Cambodia for US$118 million, reported the Edge Market. Pestech said its 60% indirect-owned subsidiary Diamond Power Ltd (DPL) has signed an agreement with Cambodian Transmission II Co Ltd (CTL II), a wholly-owned subsidiary of Leader Transmission Ltd, to dispose of the 230kV Kampong Cham-Kratie transmission sy...
Read MorePM: No charge for electricity connection fee in Run Ta Ek & Peak Snaeng Development Zone
Prime Minister Samdech Hun Sen has ordered Electricité du Cambodge (EDC) to not charge the electricity initial connection fee to the people living in the Run Ta Ek and Peak Snaeng developments to help ease the expense of moving to a new place. Speaking at the third meeting with local people on 21 October, PM Hun Sen said that EDC has already built the electricity infrastructure at a cost of US$...
Read MoreCambodia to Increase Clean Energy Mix by 35% in 2050
Cambodia has vowed to increase its clean energy mix by 25% by 2030 and 35% by 2050 while also adopting a long-term carbon-neutral strategy. HE Van Monineath, Director General of the General Department of Policy and Strategy of the Ministry of Environment, gave the statement in a roundtable discussion on the “Pathway for Sustainable Energy Transition in Asia and Pacific” on 12-14 October in Mosc...
Read MoreMoE to Conduct More Education on Environmental Awareness
The Ministry of Environment has pledged to educate more locals on environmental awareness, admitting that the local populace is the most important protective shield of the environment. Minister of Environment HE Say Sam Al said during a conference on 12 October that local people play a major role in helping Cambodia preserve the forest and other protected areas, but only if they are trained to ...
Read MoreAllegedly Stolen 280,000 Barrels of Crude Oil Returned to Cambodia; Sold for US$25m
Over 280,000 barrels of crude oil, the first commercial production in Cambodia's history, have returned home after being allegedly stolen and shipped out of the country without the government's acknowledgment last year. Ministry of Mines and Energy spokesman Meng Saktheara said on 12 October that the oil was sold for more than US$25 million in September, which is considered historic revenue for...
Read MoreChinese Firm in Kratie Produces Gold Ore for First Time, Expecting 60kg in First 3 Months
Chinese firm Xing Yuan Kanng Yeak Co., Ltd. produced 8.2kg of gold ore for the first time on 11 October, with the aim of producing at least 60kg in the first three months of operations. The ceremony to record the first production was attended by the Minister of Mines and Energy Governor of Kratie Province HE Va Thon, as well as other relevant officials. The company recorded gold concentrates...
Read MoreMRC Reaches ‘Historic Breakthrough’ on Hydropower Dam Constructions
The Mekong River Commission (MRC) has approved a milestone document that clarifies guidelines for how to design hydropower projects, to minimize the impact on ecosystems and communities along Southeast Asia’s largest waterway. According to the MCR meeting on 4 October, beyond this revised Preliminary Design Guidance (PDG), the MRC also agreed on a Guideline on Transboundary Environmental Impact...
Read MoreDemark to build US$34bn world’s first windfarm artificial island
Denmark, the nation that built the world’s first offshore wind farm, is planning for another global first – an energy island in the North Sea which could supply energy to 10 million homes. According to World Economic Forum, this gigantic project will create a critical boost to the world’s offshore wind capacity. The scheme will involve building an island 80 kilometres off the Danish coastlin...
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