Bukit Asam’s coal-gasification project will be loss-maker: Study
A multibillion-dollar and flagship coal gasification project in South Sumatra might do more harm than good for Indonesia’s economy, the latest Institute for Energy Economics and Financial Analysis (IEEFA) report has found.
Philippines bans new coal-fired projects
By declaring a moratorium on the construction of greenfield coal power plants in a statement issued on 27 October, the Philippines has announced intent to follow other Asia Pacific countries into a green future.
Now Toshiba is getting out of the coal business
Three months after it began work on the $2.7bn Van Phong 1 thermal power plant in Vietnam, Toshiba has decided to end its involvement in coal power.
Indonesia shapes royalty exemption for downstream coal
Indonesia’s energy ministry (ESDM) has drafted initial regulations setting out the legal framework for implementing a royalty exemption for coal producers entering into the downstream coal industry.
Bukit Asam profits dip 44 percent in September amid weak coal demand
State-owned coal miner PT Bukit Asam booked a decline in net profits for the third consecutive quarter as weak coal demand, impacted by the COVID-19 health crisis, continued to take its toll on the company’s finances.
AboitizPower shuns coal in favor of natural gas
Aboitiz Power Corp. has been on a pivot toward renewable energy and away from coal-based electricity generation—even before the Department of Energy (DOE) announced a moratorium on greenfield coal projects—and is now even considering natural gas as an added boost for recovery from the pandemic.
ASEAN Centre for Energy and World Coal Association strengthen joint commitments to clean coal in signing of memorandum of understanding
The ASEAN Centre for Energy (ACE) and the World Coal Association (WCA) have today signed a 3 year MOU under the new leadership of both organisations, in recognition of the strategic importance of the ASEAN region.
Vietnam’s thermal coal imports seen resilient through 2021 despite funding challenges ahead
Singapore — Vietnam’s seaborne thermal coal traders are optimistic the country’s fossil fuel consumption will continue to rise through 2021 amid burgeoning demand for electricity production at the lowest cost, despite the funding and regulatory challenges that loom for new coal-fired power plants, market sources said Nov. 6.
