Coal

“When the prices are good, businesses can reap better profit and the state can collect better royalties and taxes," says Energy and Mineral Resources Minister Bahlil Lahadalia.

Indonesia to cut mining output quotas to support prices

It’s to ensure the prices of mineral commodities are “rational”, allowing the government in turn to earn more revenues

Coal consumption growth in South-east Asia will lead the world until 2030, says the International Energy Agency.
ESG INSIGHTS

Issue 176: Indonesia’s U-turn on coal phase-out; climate scenarios caught in paper retraction

This week in ESG: Cancellation of coal plant’s early retirement jeopardises multilateral programme; Retracted study used to model climate damage by central banks

Machinery transferring coal at a port in southwestern China. Demand in the country is expected to fall slightly by 2030 as renewable capacity increases.

Global coal demand hits record high this year but is set to decline by 2030: IEA

It is forecast to rise 0.5% in 2025 to a record 8.85 billion tonnes

Coal has been closely tied to the Communist Party’s history and to its efforts to transform China’s economy over the past decades.

China confronts the cost of dismantling the world’s biggest coal sector

Green industries have created more than seven million jobs and ultimately there will be net growth in employment from the energy transition

Indonesia’s state-owned utility company PLN cites extremely high costs as the reason behind its decision to scrap Cirebon-1’s early shutdown.

Investor interest in Indonesia’s energy transition may suffer after first coal phase-out project scrapped

The policy U-turn contradicts the country’s own commitments, says a think tank

Alinta’s indirect emissions exceed Sembcorp’s mostly due to contracted power purchased from a coal plant.
ESG INSIGHTS

Issue 175: Sembcorp courts still-brown Alinta; Asia can’t let coal go

This week in ESG: Sembcorp to buy Australian utility A$6.5 billion; coal phase-out fizzling out in Asia

Almost 200 nations signed an agreement that avoided an explicit mention of transitioning away from fossil fuels, as developing countries argued for economic growth using all energy sources.

Coal’s grip on Asia strengthens as early phaseout bids stall

Governments keen to avoid outages are waving through coal plant approvals

Asia’s fleet of 2,000 coal plants is also decades younger than that of Europe and the US, and retiring it early requires financial support to end power-purchase agreements.

Tactics to dump coal are failing in Asia as energy demand booms

The region has struggled to wean itself off a fossil fuel that remains a cost-competitive source of stable power thanks to its abundance

Cirebon-1 in West Java had been due to be retired almost seven years early under an agreement between Indonesia’s government, the Asian Development Bank (ADB) and other partners.

Indonesia coal plant seen as flagship for fuel’s exit scraps early closure

[JAKARTA] A coal-fired power plant in Indonesia scheduled to close down early and act as a flagship for efforts to shift Asia’s economies away from the fossil fuel has scrapped proposals to shutter ah...