Industries

Russian energy strategy focuses on the revival of the energy industry, modernization of infrastructure and diversification in a phased manner. The strategy is likely to change the structure of energy balance by raising the share of nuclear, hydro and other renewable sources. Russia is expected to improve its energy exports by increasing investment ...

At the face of the global economic crisis, Russias growth story is feared to contract in 2009 given their heavy dependence on oil price and a widening budget deficit. With the governments budget revenues heavily relying on oil and gas industry for budget allocation, Russias economic growth has been sensitive to fluctuations in energy prices. In ...

Vietnams, accession to World Trade Organization (WTO) from January 2007 has added impetus to market-oriented reforms and private sector participation, which are emerged as significant drivers for the economic growth. Vietnam continues to be a fast growing market for energy. Potential in Oil segment remains vast, with two third of the countrys ter...

The Philippines government has shown keen interest in the development of renewable energy sources like solar, hydropower, wind and geothermal, for electricity generation. Natural gas fired power plants are also being considered in the forecast period, to boost the share of the electricity generation. Import of technology and infrastructure in the d...

Power industry reforms and increased focus towards renewable energy are some of the highlights of the Philippines energy industry. Economic and population growth, growth in industrial and services sectors, are some of the key factors contributing to the growth in energy demand. The industry's focus towards renewable energy particularly biofuels, ge...

Philippines Energy Plan focuses on energy efficiency and conservation that aims to achieve energy self sufficiency of 60 percent by 2014. The government has taken a proactive stance to promote renewable energy through the introduction of various reforms and policies. Use of bio diesel in the transportation sector has been encouraged in line with th...

The South Korean Government plans to develop its next-generation energy capacity in order to reduce external dependency and to reduce greenhouse gas emissions. The South Korean Government issued long-term power development plan (LPDP), to provide structure and directions for meeting the growing power demand during forecast period. This includes dep...

South Korea is focusing on diversifying the energy supply options to reduce its dependence oil imports. The country is gearing-up to expand clean energy production as part of its efforts to increase energy production. The government focus on development of technologies to enhance alternative energy sources would provide opportunities for the privat...

The South Korean Government had substantially increased its budget spending on the energy sector to achieve energy security in the country. It is also working toward creating competitive market conditions in the energy industry. The privatization and deregulation process in the energy industry is rapidly moving forward creating business opportuniti...