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South Africa will auction at least 10 new onshore blocks for shale gas exploration in the environmentally sensitive Karoo region, a government official told Reuters, as the country eyes alternative energy sources to ease its worst-ever power crisis.
China’s electricity generation grew in line with the long-term average during the first four months of the year as the economy recovered from the end of COVID-19 lockdowns and the exit wave of the pandemic.
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Vietnam's prime minister approved a long-awaited power plan for this decade that needs $134.7 billion of funding for new power plants and grids, the government said late on Monday, in a move that may help unlock billions of dollars of foreign investment.
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Vietnam approved on Monday a long-awaited plan to boost renewables by the end of the decade, with total investment estimated at $134.7 billion, but coal is set to remain a crucial source of energy until 2030 before being gradually phased out.
Southeast Asia only accounts for around 12% of global thermal coal imports, so is often overshadowed by China and India in discussions about key coal consumer markets and the associated impact on emissions.