Retirement of 10 out of PH’s 28 coal-fired power plants pushed
MANILA, Philippines — Consultants for the Asian Development Bank (ADB) have recommended three coal-fired power plants (CFPPs) with an aggregate capacity of 967 megawatts as priority for retirement through the ADB’s Energy Transition Mechanism or ETM, which is to be launched at COP26 in Glasgow on Nov. 3.
Indonesia could phase out coal by 2040 with financial help, finmin says
LONDON, Nov 2 (Reuters) – Indonesia could phase out coal-fired power plants by 2040 if it gets sufficient financial help from the international community, the finance minister told Reuters.
Exxonmobil exploring carbon capture storage in Indonesia
JAKARTA, Nov 2 (Reuters) – Indonesian state-owned oil and gas company PT Pertamina and American energy giant Exxon Mobil Corp (XOM.N) signed an agreement on Tuesday to look at ways to use carbon capture storage (CCS) in the Southeast Asian country.
COP26: Energy Minister outlines Indonesia’s plan for phasing out PLTUs
Jakarta (ANTARA) – Energy and Mineral Resources Minister Arifin Tasrif underlined Indonesia’s commitment to stop the utilization of coal-fired power plants (PLTU) at the Indonesian Pavilion at the 26th Conference of Parties (COP) in Glasgow, Scotland. Antara News
More than 60 Asian CSOs call on ADB to clarify details of its coal retirement mechanism
The Asian Development Bank (ADB) must delay soliciting financial support for its coal buy-out scheme in Southeast Asia at COP26 until it has addressed a number of practical concerns about this proposal, including the risk it could undermine an ambitious, swift, and just transition from coal in targeted areas, an alliance of non-governmental organizations from […]
Projects to Create Green Grid, CCS Hubs Across ASEAN, Australia
National authorities and companies across Southeast Asia and Australia are seeking ways to pool renewable energy resources and form a green power grid in the region, according to media reports.
Vietnam calls for domestic coal production boost
Against a backdrop of global calls to phase out fossil fuels to help reduce global greenhouse emissions, Vietnam wants to boost domestic coal production as it grows more reliant on imports.
Gov’t eyes closure of coal-fired power plants in Mindanao
MANILA – The government plans to close coal-fired power plants in Mindanao once it finds the financing needed to improve the generating capacity of Agus-Pulangi hydropower plant, a move aimed to help address climate change.
