Indonesia sets Nov HBA thermal coal at $55.71/mt, down 16% on year
Singapore — Indonesia’s Ministry of Energy and Mineral Resources set its November thermal coal reference price — also known as Harga Batubara Acuan, or HBA — at $55.71/mt, down 15.9% year on year, but up 9.2% from October, according to a ministry official.
Philippines declares no new coal plants — but lets approved projects through
MANILA — The Philippines’ energy department has declared a moratorium on new coal-fired power plants, following a reassessment of the country’s energy system. But while the ban halts applications for new plants, it will not extend to previously approved projects that are already in the pipeline.
Asia’s retreat from coal power gathers momentum
This year has seen 56 global banks, insurers, pension funds and asset managers boost coal exit policies
Cambodia to reduce hydropower and develop coal and solar capacity
Cambodia, which relies heavily on hydropower, has witnessed power shortages due to droughts and lower water levels in the dams.
Philippines shuts door on new coal power proposals
MANILA, Nov 4 (Reuters) – The Philippines has stopped accepting new proposals for coal-based power projects to encourage investment in other energy sources like natural gas and renewables, the government’s energy chief said on Wednesday.
Cambodia chooses coal in rush for power
Critics say the government’s approval of two more coal power plants bucks the trend towards renewables in Southeast Asia.
Indonesia’s Arutmin granted coal mine licence extension
Indonesian coal producer Arutmin has been given a 10-year extension to its mining licence by the country’s energy ministry (ESDM), ending a year-long review process after the company filed for a contract extension in October last year.
Coal will power Cambodia in the wrong direction
Cambodia’s coal plans will hit its renewables advantage and put off outside investors, writes Peter Ford, Environmental Programme Responsible for Cambodia, Vietnam and Myanmar at H&M Group.
