Articles

G7 Gas Move a Likely Nod to US and Japanese Interests

The G7 just concluded its meeting in Hiroshima. The group made several decisions impacting the global energy sector, including further reliance on coal-fired power projects and a problematic call to continue gas and liquefied natural gas (LNG) investment. These decisions come in light of long-term US and Japanese gas interests and development.

Natural Gas Forecast 2023: Demand in Asia to Bounce Back

While natural gas prices are expected to remain low, they would still be above their historical averages. As a result, Asian countries' imports would still be costly, even in an ideal world without any market volatility.

Hydrogen Infrastructure: Development and Challenges

The lack of existing hydrogen infrastructure is a significant hurdle to the widespread adoption of green hydrogen. However, there is an incentive for the public and private sectors to develop the required infrastructure. Hydrogen can help the world reach decarbonisation goals, and the hydrogen market is expanding with lucrative opportunities.

Global Hydrogen Market: Size, Growth and Future

Hydrogen demand is increasing, and production capacity will need to rise. However, this capacity should focus on low-carbon green hydrogen, which can be a major energy carrier in the net-zero energy transition.

South African Coal Exports Decline for the Fourth Consecutive Year

South African coal exports continued to decline for the fourth consecutive year, especially in Asia after demand peaked in 2019.

Thailand’s LNG Development Is Not The Way Forward For Its Energy Sector

Thailand is one of the few Asian countries ramping up LNG procurement as prices for the fuel dip. This comes as it needs gas to drive a post-COVID economic recovery. However, lower prices are only part of the story. The other part is that Thailand is a natural gas-based economy.

Hydrogen Production Methods from Fossil Fuels Overshadow Alternatives

Today, 99% of hydrogen is produced using fossil fuels. However, green hydrogen can become a viable alternative.

Hydrogen Economy – Meaning, Benefits and Future

The hydrogen economy is the idea of a world partially powered by hydrogen. If green hydrogen becomes the predominant production method for hydrogen, it will play a critical role in the world's low-carbon future. However, green hydrogen needs to be financially viable and requires ongoing support from the public and private sectors.

The G7’s Responsibility to Help Bangladesh and Other Climate-affected Countries

At the approaching 2023 G7 meeting, the world expects global leaders to address the elephant in the room: fossil fuel phase-out. The G7 must set an example and develop a unified vision to help address climate change – an issue heavily impacting developing nations.

Renewable Energy Projects in the Philippines: 100% Foreign Ownership Authorised

The Philippines' drive to ramp up its renewable energy sector is a step in the right direction. However, it needs even more renewable energy development and investment. The government must also make a net zero by 2050 pledge to catch up to its regional neighbours.

Japan’s G7 Fossil Fuel Push – Podcast

Susanne Wong, at Oil Change International, speaks about Japan and the fossil fuel push at the G7.

Energy Security in Bangladesh is Threatened by Fossil Fuels 

The fossil fuel dependence of Bangladesh has significantly impacted its economy. The country should no longer bear the exorbitant power costs and unreliable supply, especially when better, cleaner and cheaper options exist.

Japan’s Priorities as G7 President

Japan's priorities as G7 president appear to centre around trade, energy security and digitalisation. While not surprising, there are still questions as to how Japan will align these issues with existing G7 initiatives.

Japan’s GX Strategy and Southeast Asia – Video

Japan's GX strategy has been criticised for extending the life of fossil fuel-based technology like gas and coal in Southeast Asia.

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