The Covid-19 pandemic has crushed Indonesia’s power sector. The economic slowdown depressed electricity demand by 15 per cent in 2020. Due to travel restrictions, construction has stalled on many Indonesian power projects that rely on imported labor. And the government recently reallocated a quarter of its infrastructure budget to finance its pandemic response, applying additional […]
Winds of change: how Enel and Iberdrola powered up for the energy transition
European oil giants such as BP, Royal Dutch Shell and Total have sharpened their focus on power, seeing it as the sector to build their businesses around as they reinvent themselves as clean energy suppliers. MILAN/MADRID: Europe’s biggest utilities Enel and Iberdrola saw the clean energy transition coming decades ago when others baulked at the […]
