China poised for Thailand s solar move chinadialogue.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadialogue.net Daily Mail and Mail on Sunday newspapers.
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Government agencies are set to approve a 1,400-megawatt gas-fired power plant project in Surat Thani this year, replacing two highly contentious coal-fired power plant projects in the southern region.
The 34-billion-baht facility, to be built in Phunphin district, is expected to receive the green light in the fourth quarter by the Energy Ministry, the National Energy Policy Council and the Ministry of Natural Resources and Environment.
Its development will be carried out by state-run Electricity Generating Authority of Thailand (Egat), following its months-long feasibility study of the project.
Egat governor Boonyanit Wongrukmit said the project will replace controversial coal-fired power plant projects in Krabi and Songkhla s Thepha district, which are expected to be shelved.
by Gabriel Araújo (NASDAQ/Reuters) The Brazilian government raised the mandatory blend of biodiesel into diesel to 12% from 10%, below this year’s target of 13% in a bid to rein in fuel inflation amid high soybean prices. About 70% of Brazil’s biodiesel is produced from soy oil, prices of which have risen owing to strong demand and tight supply of soybeans.
“The Brazilian biodiesel industry is entirely prepared for delivering the 13% mixture,” Daniel Amaral, chief economist at Brazilian oilseeds lobby Abiove, said in a statement on Tuesday. “Yet raising the blend to 12% is already a positive development as it stimulates soy processing and grain use in Brazil.”
Brazil raises mandatory biodiesel blend to 12%, below expectations
The Brazilian government raised the mandatory blend of biodiesel into diesel to 12% from 10%, below this year’s target of 13% in a bid to rein in fuel inflation amid high soybean prices.
About 70% of Brazil’s biodiesel is produced from soy oil, prices of which have risen owing to strong demand and tight supply of soybeans.
“The Brazilian biodiesel industry is entirely prepared for delivering the 13% mixture,” Daniel Amaral, chief economist at Brazilian oilseeds lobby Abiove, said in a statement on Tuesday. “Yet raising the blend to 12% is already a positive development as it stimulates soy processing and grain use in Brazil.”
Brazil raises mandatory biodiesel blend to 12%, below expectations reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.