Hydrogen reportedly costs 10 times more to produce and supply than natural gas.
Energy

Japan to spur clean hydrogen production with $20bn in subsidies

Tokyo aims to help domestic energy players create supply chain

30 January 2024
U.S. economic envoy Jose Fernandez says problems with renewable energy are holding back billions in chip investment in Vietnam. Here he meets Vietnamese Planning and Investment Minister Nguyen Chi Dung. (U.S. Embassy Hanoi)
Supply Chain

Vietnam is a top target for CHIPS Act aid funds, U.S. says

Country urged to seize the opportunity as supply chains shift from China

29 January 2024
The white sands of Boracay lure tourists from around the world. (Photo by Yuichi Shiga)
Energy

Waste oil fuels Boracay's sustainability drive

Scenic island trying to balance tourism with environmental preservation

28 January 2024
Thorbjoern Fors, senior vice president for Asia-Pacific at Siemens Energy, says more Southeast Asian countries are getting serious about their energy transitions. 
Energy

Siemens Energy begins year of 'actions' in Southeast Asia

German company targets cross-border grids, clean energy projects across region

26 January 2024
Sodegaura Thermal Power Station in Chiba prefecture, Japan: JERA's domestic thermal power segment has typically been the most profitable part of its business. (Photo by Mizuho Miyazaki)
Opinion

JERA is putting Japan's decarbonization goals at risk

Utility's commitment to keeping fossil-fuel plants running will be costly

26 January 2024
Officials inspect an area of the Fukushima Daiichi nuclear power plant in December 2023. (Nuclear Regulation Authority via Kyodo)
Natural disasters

Fukushima nuclear fuel debris removal postponed for a third time

Technological hurdles could cause decommissioning costs to balloon further

26 January 2024
CNOOC President and CEO Zhou Xinhuai, left, and Chief Financial Officer Wang Xin hold a news conference in Hong Kong on Thursday. (Photo by Kenji Kawase) 
Energy

China oil major CEO 'resolutely opposed' to U.S. sanctions on Russia

CNOOC chief delivers rare public rebuke with Arctic LNG project at stake

26 January 2024
Coal barges in North Jakarta: Private-sector institutions are wary of involvement in any financing that touches the coal sector, even if the ultimate goal is to reduce emissions.
Opinion

New carbon finance tools can accelerate Asia's energy transition

Philippine coal plant emerges as test of case for innovative climate action

24 January 2024
World Bank President Ajay Banga says more private sector investment is required to fund renewable energy projects. (Photo by Sayumi Take)
Finance

World Bank eyes Central Asia to expand renewable energy project

Ajay Banga believes Donald Trump realizes need for development finance

22 January 2024
A gas station in Gauhati: India's consumption of refined petroleum products rose 5% last year, more than double the world pace.
Opinion

India cannot afford to just be a passive buyer of oil and gas

Strategic reserve and support for domestic production should be prioritized

22 January 2024
Prime Minister Fumio Kishida, left, meets with Ukrainian President Volodymyr Zelenskyy in Ukraine in March 2023.
Ukraine war

Japan's Sumitomo and Rakuten to join Ukraine recovery projects

Infrastructure rebuilding to begin as soon as this year in western region

19 January 2024
The EP Cube's lithium-ion battery uses lithium iron phosphate rather than expensive rare metals, keeping costs down. (Photo by Noriyuki Doi)
Energy

Canadian Solar to sell home storage batteries in Japan

Modular design allows EP Cube to serve diverse household needs

19 January 2024
Amin Nasser, CEO of Saudi Aramco, spoke with Nikkei Asia on the sidelines of the World Economic Forum's annual meeting in Davos on Jan. 17. (Photo by Kenji Kawase)
Davos 2024

Saudi Aramco to double startup investment, CEO says, eyeing lower emissions

Amin Nasser views tech as future while 'proudly' remaining an oil company

19 January 2024
The photovoltaic park in Gonghe County, Hainan Tibetan Autonomous Prefecture in Qinghai province will soon cover an area about the size of the U.S. city of Chicago.
Caixin

China's Qinghai has ocean of solar power, but no storage

Tibetan plateau in western province faces electricity supply-demand imbalance

15 January 2024
A wind farm operated by the Dutch joint venture will generate electricity to produce the hydrogen. (Mitsubishi Corp.)
Energy

Japan's Mitsubishi eyes massive 'green' hydrogen plant in Netherlands

Trading house to invest $700m-plus, developing know-how for mass production

14 January 2024
Australian drivers are starting to warm to electric vehicles, but adoption rates still lag those of most global peers. 
Automobiles

Australian EV sales accelerate as nation plays catch-up on adoption

Country still trails global peers amid wait for government fuel standard policy

13 January 2024
The nuclear plant in Shika, Ishikawa prefecture, had been undergoing a safety review to resume operations, but that will likely be postponed by years.
Natural disasters

Japan nuclear plant shaken beyond some safety estimates by Jan. 1 quake

Oil leaks after 3-meter tsunami, but no damage to reactors reported

11 January 2024
A building in Yokohama equipped with building-integrated photovoltaics developed by Kaneka and Taisei. (Taisei)
Energy

Japan's Kaneka to triple production of building-integrated solar panels

Tokyo-based chemical company sees strong demand in tightly packed urban areas

11 January 2024
NT-Tao is working to develop fusion stations small enough to fit into a cargo container yet powerful enough to generate 10,000 to 20,000 kilowatts of electricity.
Energy

Honda-backed Israeli startup to use nuclear fusion to power EVs

NT-Tao plans demonstration facilities by 2029, commercialization in the 2030s

9 January 2024
Sumitomo expects biodiesel made with wood and sugarcane bagasse to be less viscous, allowing for blends with higher concentrations. (Sumitomo Corp.)
Energy

Sumitomo eyes biodiesel mass production in Japan for decarbonization

Trading house to test wood and sugarcane as more vehicle-friendly feedstocks

9 January 2024
The Japanese government is considering supporting the project in an effort to reduce imports from Russia. (Photo by Ryosuke Hanafusa)
Energy

Japan's Kyushu Electric mulls 10% stake in U.S. LNG project

Utility in talks with Louisiana operator for 20-year supply contract

9 January 2024
Onagawa nuclear power plant in Miyagi prefecture: By restarting seven of its 33 operable reactors, Japan could achieve complete independence from Russian gas imports. (Photo by Mizuho Miyazaki)
Opinion

Japan can escape Russia's energy chokehold

Restart of seven reactors would enable independence from Moscow's LNG imports

5 January 2024
Companies active in Asia are likely to make waves in a variety of sectors. (Nikkei montage/Source photos by AP, Reuters and Getty Images) 
Business Spotlight

Asia 2024: A dozen companies to watch as the year unfolds

Businesses worth following from semiconductors and EVs to nickel mines and arms

5 January 2024
Solar panels atop public housing in Singapore: The city-state is positioning itself as a regional leader in strengthening energy security.
Opinion

Singapore can show the way toward higher energy efficiency

Smart management key for building greater resilience and advancing decarbonization

4 January 2024
A fuel cell truck developed by Honda Motor and Isuzu Motor is now taking test drives on public roads. (Photo courtesy of Honda Motor)
Automobiles

Toyota and Honda bet trucks will get hydrogen economy rolling

Commercial use expected to boost sluggish demand for fuel cell vehicles

2 January 2024