Vietnam’s coal imports are forecast to rise to meet domestic production demand, according to a draft strategy for developing the coal industry in Vietnam recently introduced by the Ministry of Industry and Trade (MoIT).
The Philippines’ new government of president Ferdinand Marcos will keep a moratorium on new coal-fired power plants in the country to avoid sending mixed signals to investors.
Vietnam has forecast a substantial increase in coal imports over the next 12-15 years, particularly from the power sector, on rising domestic demand, according to a draft strategy for the coal industry from the Ministry of Industry and Trade, or MoIT.
The Malaysian government will stop building coal power plants starting in 2040, and shift its focus toward clean and renewable energy, according to Minister in the Prime Minister’s department in charge of economy Mustapa Mohamed.
Thai oil and gas conglomerate, PTT Group’s board of directors gave the go-ahead for PTT Mining of Hong Kong (PTTML), a coal mining business, to be transferred to Indonesia-based PT Astrindo Nusantara Infrastruktur Tbk (Astrindo).
Malaysia’s largest electricity provider Tenaga Nasional Berhad has announced plans to fast track the closure of its coal-fired power plants to hasten the transition of its generation fleet from fossil fuels to renewable sources including large-scale solar PV and green hydrogen.
Alliance News – Active Energy Group PLC on Monday said it has been awarded a Malaysian patent for its CoalSwitch product. Active Energy is a London-based biomass-focused renewable energy business. CoalSwitch is a biomass fuel that can be either used with, or replace, coal entirely.
The Indonesia Coal Mining Association, or ICMA, has proposed to the government that it lower the influence of Australian coal prices in the calculation of Indonesia’s HBA Index, a move they believe will reflect the country’s coal prices more accurately, market sources familiar with the matter told S&P Global Commodity Insights July 14.
The draft bill classifies liquified and gasified coal as ‘new energy’, and is part of Indonesia’s efforts to replace petroleum imports with domestic coal.
SYDNEY, July 13 (Reuters) – Indonesia, the world’s biggest exporter of coal used in power plants, will be able to increase output to help meet demand from countries that have lost supplies from Russia, its energy minister said on Wednesday.