Singapore

Most companies in the process industries are working hard to reduce their energy consumption and the resulting emissions. But the benefits achieved through standalone, one-off projects can be lost over time.

Singapore and the Panasonic Corportation will test-bed the first total energy solutions for public housin.

Most companies in the process industries are working hard to reduce their energy consumption and the resulting emissions. But the benefits achieved through standalone, one-off projects can be lost over time.

But exactly where are the investments going in Asia? 

The downgrade reflects a higher risk profile from CLP's growing non-regulated overseas assets, says Fitch analyst Sajal Kishore.

The downgrade reflects a higher risk profile from CLP's growing non-regulated overseas assets, says Fitch analyst Sajal Kishore.

GMR Energy has secured an $820 milllion loan to finance the construction of an 800MW combined-cycle project at Jurong Island, Singapore.

The facility began dispatching 61MW of power to the Dhofar power grid in Southern Oman.

Less than 10% of these companies have security policies and strategies implemented.

This is part of Senoko’s repowering programme to launch environmentally-friendly gas-fired units.

Insurance Conditions for the Operational Power Sector Continue to Change After many years of falling insurance premiums due to fierce competition among insurers and ample capacity, it appears that there are winds of change coming to the operational Power sector in Asia. While the sector continues to grow at a rapid pace, with the pipeline of power generation projects at full capacity, access to very cheap insurance for project sponsors will be more difficult as claims events increase and insurers tighten their belts.

In 1990, Steven Covey published the very popular book The Seven Habits of Highly Effective People. With the publication of that book I am certain, Dr. Covey introduced the term “paradigm” into the popular business lexicon and it has been persistently used ever since. As a reminder, a paradigm is defined as a worldview underlying the theories and methodology of a particular scientific subject. However, what does that have to do with information security practices of enterprises and energy companies? Below you’ll see that the paradigm for system security is getting flipped on its head. The Old Paradigm: The Fortress Basically, there has been a standard practice if you will for many years where the “fortress” approach was the norm –- or paradigm -- for enterprise and energy company security. This applied to physical security and cyber security. The fortress concept included a strict perimeter – usually defined by gates, guards, and firewalls. In this approach, the assumption was that all the attackers were on the outside of the perimeter and that the strong perimeter would prevent the attacker from not only entering the walls but they could not access the crown jewels (aka data) because it was housed within layers of more security barriers that included more walls, more guards, and more firewalls and maybe a moat. The insider threat – that is the threat of an attacker from the inside of the perimeter – was viewed as very unlikely and not a “real” threat. Using this approach, when the attacks became stronger and bolder, the captains of the fortress added more walls, more guards and more firewalls with some extra intrusion detection systems (perhaps vats of boiling oil?) and security management tools. Frankly this was how I was trained as a security professional. But there are new ideas surfacing that turn this model upside down. The New Paradigm: Assume Security System Breach If you have been following the news these past few months there have been some large cyber security hacks resulting in huge breaches of data and personal information. For example, the Sony hack shut their gaming system down for a considerable time resulting in lost revenue and investigation/mitigation costs.

Fuel cells alone will grow from $536 million in 2011 to $1.3 billion, says Lux Research.

And Nuclear will fall from 14 % of power generation to just 10 % following Fukushima, the International energy Agency says.

In the latest report released by the U.S. Energy Information Administration (EIA), countries from Asia and Oceana have an accumulated carbon dioxide emission of 13,238.316 million metric tons. China is reported to account for 78 percent of the total coal-related carbon dioxide emissions from the data gathered from 2007 to the projections in 2035. India has a total of 1.4 billion metric tons in the same 2035 projections. 

The project is set to reduce service disruptions and associated costs caused by power outages.