The Ministry of Energy and Mineral Resources (ESDM) has emphasized the importance of planning in the mining sector to ensure environmental, economic, and social sustainability.
Energy insecurity has become an increasing concern for a number of countries, but Singapore’s position is uniquely challenging.
President Ferdinand R. Marcos Jr. issued an administrative order (AO) directing government agencies to accelerate the implementation of the Government Energy Management Program (GEMP) to ensure efficient and judicious utilization of energy.
The Indonesian authorities said on Wednesday that the country is accelerating the development of nuclear power plants as part of its energy transition agenda.
Indonesia is planning to slash the targeted share of renewables in the national energy mix, a move seen by experts as a step back in the country’s ambition toward clean energy, while signaling its light-hearted attempt to part ways with fossil fuels.
The Industry Ministry is set to recalibrate incentive packages for organisations as part of the RE100 global renewable energy initiative. This move is intended to allure more investors and facilitate new investment within the nation.
The Ministry of Energy and Mineral Resources (ESDM) is allocating Rp186.9 trillion for this year’s energy subsidy budget. Minister Arifin Tasrif said the budget Rp113.3 trillion is allocated for subsidizing fuel oil and LPG, and Rp73.6 trillion goes for electricity subsidies.
With increasing awareness of carbon capture and storage (CCS) technology as a key enabler for decarbonization, many developments in this area, such as exploration for carbon storage sites and storage of carbon dioxide in carbon storage sites, have been reported.