RI Coal Doomsday, Get Ready for 150 Thousand Unemployed Residents!

Jakarta, CNBC Indonesia – The Indonesian government has an ambitious target of achieving a carbon neutral target of 2060 or faster, one of which is to reduce the use of coal domestically, especially for Steam Power Plants (PLTU). Until 2030, it is targeted that around 5.52 Giga Watt (GW) to 9.2 GW of the power […]

Suddenly the DMO Coal Pricing Scheme Wants to Be Changed, Why?

Jakarta, CNBC Indonesia – The government in this case the Ministry of Energy and Mineral Resources (ESDM) plans to change the domestic coal sales price scheme or Domestic Market Obligation (DMO). The Director General of Mineral and Coal at the Ministry of Energy and Mineral Resources, Ridwan Djamaluddin, said that the government had opened a […]

Coal Stocks at the Edge of the Horn, Beware of Boncos

Jakarta, CNBC Indonesia – The spurs of the shares of coal issuers seem to be starting to fade lately. At the close of trading last Monday (15/11), major coal stocks or big caps (large market capitalization) were busily sinking into the red zone amid news from the recent climate conference results indicating a bleak future […]

Decrease in coal reserves accelerated in Ukraine

Фото: Getty Images There is less and less coal, most of the power units are idle Coal reserves at state thermal power plants dropped below 380 thousand tons and continue to decline. Over the week, coal reserves in TPP warehouses have decreased by more than 100 thousand tons and now amount to 378 thousand tons, […]

This is a list of coal giants that do not meet the PLTU DMO

Jakarta, CNBC Indonesia – PT PLN (Persero) said that there are many coal companies that do not fulfill their obligations in supplying coal for domestic needs, aka Domestic Market Obligation (DMO), especially for the needs of Steam Power Plants (PLTU). PLN President Director Zulkifli Zaini in a Hearing Meeting (RDP) Commission VII DPR RI, Monday […]

Coal Doesn’t Become ‘Doomsday’, India & China Saviour!

Jakarta, CNBC Indonesia – The COP26 Climate Summit has just been completed in Glasgow Scotland, Saturday (13/10/2021). A total of 200 countries reached an agreement to end the use of fossil fuels in the future. The countries present agreed that the burning of fossil fuels was the cause of the climate crisis. This is also […]

Plus Minus DME that Wants to Replace LPG for Cooking

Jakarta – The government is developing coal gasification (Dimethyl Ether/DME) to meet the energy needs of society. Its existence is expected to be an alternative energy to replace Liquified Petroleum Gas (LPG). Energy and Mining Observer Fahmy Radhi said DME is a processed product or processing from coal which can suppress LPG imports. The reason […]

COP26 Draft Finally Completed, Coal’s ‘Apocalypse’ in Sight!

Jakarta, CNBC Indonesia – The United Nations (UN) published a draft of the third agreement on the results of the COP26 Climate Summit which was held in Glasgow, Scotland some time ago. COP26 or the 26th UN Climate Change Conference of the Parties is the largest and most important climate-related conference in the world. Reporting […]

Xi Jinping dan Vladimir Putin

Jakarta, CNBC Indonesia – Coal prices moved down in last week’s trading. Thus, the price of the black stone even plummeted for four consecutive weeks. Over the past week, the price of coal on the Newcastle (Australia) ICE market decreased by 4.13% on a point-to-point. In weekend trading, the price of this commodity closed at […]