Jakarta. Indonesian coal miners are at risk of losing their jobs as the nation shifts towards clean energy, which involves the early closure of coal mines. A recent Global Energy Monitor report estimates that around 30,000 workers in the coal sector could face potential layoffs from 2020 to 2040.
JAKARTA – The Cirebon 1 coal-fired power plant owned by PT Cirebon Electric Power (Cirebon Power) is deemed to play a crucial role in Indonesia’s energy transition, with experts suggesting that whether other plants joined the government’s early retirement program for coal plants would depend on its success or failure.
Jakarta.The state revenue generated from mineral and coal mining has surged to Rp 111.65 trillion ($7.3 billion) year-to-date, surpassing the full-year target by an impressive 130.98 percent, according to data released by the Ministry of Energy and Mineral Resources.
JAKARTA/TOKYO — Japan’s major trading houses are exploring how they might exit their Indonesian coal-fired power generation businesses, whose emissions present difficult challenges to the global trend toward decarbonization.
VIENTIANE (Laotian Times): A recent meeting held by the Ministry of Energy and Mines of Laos in Xieng Khouang province highlighted an alarming trend of mining companies operating without having undertaken proper feasibility studies.
Indonesian coal miners, especially the ones with lower output volumes, are finding it difficult to sustain themselves in the face of an enduring low-price environment and unfriendly government policies, market sources said.
Indonesia burned more coal in 2022 than any other year, a preliminary analysis shows, putting the country on track to become one of the largest carbon emitters from fossil fuel in the world.
Singapore’s central bank has launched a public consultation on the detailed threshold and criteria for incorporating the financing of phasing out coal-fired power plants into its green finance taxonomy.
Noppadol Pinsupa, PTT’s director for corporate governance and sustainability, said on Saturday that PTT’s LNG imports will be 2 million tonnes higher than the amount imported last year. He reckons it will take at least 100 ships to deliver the 6 million tonnes. PTT has already ordered 4 million tonnes of LNG at less than US$20 per million […]
Southeast Asia is among the fastest growing regions today, with economic development and energy security, including access to basic energy needs, remaining the region’s priority, said Acting Permanent Secretary of the Department of Energy at the Prime Minister’s Office Pengiran Haji Jamra Weira bin Pengiran Haji Petra.