Business times energy news
Here are some recent energy news articles from The Business Times:
Renewable Energy
- Singapore to increase use of renewable energy to 30% by 2030: The Singapore government has set a target to increase the use of renewable energy to 30% of the country's energy mix by 2030, up from 10% currently. (Source: The Business Times, 22 February 2023)
- Singapore's first offshore wind farm to be built off Tuas: The Singapore government has announced plans to build the country's first offshore wind farm off the Tuas area, which is expected to generate enough electricity to power 20,000 homes. (Source: The Business Times, 15 February 2023)
Oil and Gas
- Oil prices rise as OPEC+ agrees to modest output increase: Oil prices rose after OPEC+ agreed to increase oil production by 400,000 barrels per day, a move seen as a compromise between the group's members. (Source: The Business Times, 3 March 2023)
- Singapore's oil refining capacity to increase with new refinery: The Singapore government has announced plans to increase the country's oil refining capacity with the construction of a new refinery, which is expected to be completed by 2025. (Source: The Business Times, 1 March 2023)
Energy Efficiency
- Singapore to introduce new energy efficiency standards for buildings: The Singapore government has announced plans to introduce new energy efficiency standards for buildings, which are expected to reduce energy consumption by 20% by 2030. (Source: The Business Times, 22 February 2023)
- Singapore's energy efficiency efforts to save S$1.4 billion by 2030: The Singapore government's energy efficiency efforts are expected to save S$1.4 billion by 2030, according to a report by the Energy Market Authority. (Source: The Business Times, 15 February 2023)
Electric Vehicles
- Singapore to offer more incentives for electric vehicle adoption: The Singapore government has announced plans to offer more incentives for the adoption of electric vehicles, including a new grant scheme and tax exemptions. (Source: The Business Times, 1 March 2023)
- Singapore's electric vehicle population to reach 100,000 by 2025: The Singapore government expects the country's electric vehicle population to reach 100,000 by 2025, up from 10,000 currently. (Source: The Business Times, 22 February 2023)
These are just a few examples of recent energy news articles from The Business Times. If you're interested in staying up-to-date with the latest energy news, I recommend checking out the newspaper's website or subscribing to their newsletter.