Thailand PTT Group exits coal mining business with a nine-figure
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 to stop building coal plants from 2040
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.
Malaysia energy major targets early closure of coal plants
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.
Indonesian energy bill promotes coal-based fuels as ‘new energy’
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.
Indonesia’s coal mining association proposes change in HBA calculation for accuracy: sources
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.
Active Energy awarded Malaysian patent for CoalSwitch
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.
Indonesia set to boost coal output to fill Russia supply gap
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.
Indonesia’s fiscal support for fossil fuels too large: IISD
The Indonesian government’s fiscal support for fossil fuels is still too large, so it has the potential to slow down the energy transition and drain the public budget, according to the International Institute for Sustainable Development (IISD).
