A large portion of the $16 trillion fiscal spendings by governments all over the world to get their economies on track from the COVID-19 pandemic has been concentrated on providing emergency financial relief for households and firms.

Energy SG’s own Kee-Yung Nam shares his insights on harnessing the potential of carbon capture and storage in creating major dents in carbon emissions, particularly in hard-to-decarbonize sectors.

IntroductionEnhanced oil recovery through the injection of carbon dioxide (CO2) can be a win–win solution for Indonesia. This technology can help slow or halt the decline in oil production while addressing the urgent need to curb rapidly rising greenhouse gas (GHG) emissions.Indonesia is one of the world’s oldest producers of crude oil. However, its production has fallen steadily for more than 20 years. There may be extensive opportunities for enhanced oil recovery in the country, given the maturity of many of its oil fields.

This ADBI Working Paper developed a model to assess the implications of different electricity pricing structures in Indonesia for different aspects of the Energy Trilemma (affordability and access, energy security, and environmental sustainability); and, finds that each pricing system foster specific aspect of the Energy Trilemma. Based on this model, the authors were able to draw a transformation pathway for a more sustainable and just transition to a low-carbon economy in Indonesia.

This ADBI Working Paper tests reverse Ramsey pricing to check if cross subsidies across different consumers in the PRC electricity sector is equitable and efficient. The paper finds that the pricing mechanism can be equitable as long as social welfare are accounted for, reverse Ramsey pricing can serve the avowed objectives. There are, however, the paper further posits, other subsidy schemes such as targeted subsidies based on level of consumption that can also be efficient and equitable.

The working paper for the proposed new Energy Policy is scheduled on the Board agenda for 6 September.

Read what the ETM is and how it helps push climate action further forward. SEEN is piloting this initiative to support Southeast Asia’s energy transition. Any learning from the experience can give the initiative the potential of being replicated in other subregions.

Two key areas of the Cyclone Gita Recovery Project have been completed. ADB joined the Government of New Zealand and the Government of Tonga in culminating the milestone on 25 February.Tonga was hit majorly by Cyclone Gita in 2018 with Nuku’alofa suffering massive damage in all sectors, including an estimated $46 million to the energy sector.

Hear Energy SG’s own Chief Priyantha Wijayatunga deal with the burning questions on the recently approved 2021 Energy Policy: the salient points, the parameters for supporting energy projects, and the overall direction the sector will take from hereon.

AEN’s Rafael Abbasov discusses how crucial transparency is in drawing power purchase agreements to ensure reliability and affordability of electricity supply. He shares his experience in implementing energy projects in the Pacific.