Asia’s Coal Industry: Optimism for Long, Prosperous Life Despite Energy Transition

Asia’s Coal Industry: Optimism for Long, Prosperous Life Despite Energy Transition

Coal mining activities in Tanjung Enim, Muara Enim Regency, South Sumatra. – Business/Husnul Iga Puspita Bisnis.com, JAKARTA – Coal, has so far become one of the main targets for stopping consumption in the energy transition trend by various countries in the world. However, it seems that it is not easy to really reduce consumption of … Read more

ESDM Minister Says PLN Has Received 6.3 Million Tons of Coal

Jakarta, CNBC Indonesia – Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif said that currently PT PLN (Persero) has received a commitment to supply coal of 6.2 million tons-6.3 million tons from coal producers, so this can ensure the supply of coal. for Steam Power Plant (PLTU) is still available. This was conveyed by … Read more

Coal DMO Revoked, RI Holds Red Carpet for Tycoons

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). Energy Economics observer at Gadjah Mada University (UGM) Fahmy Radhi said that if the DMO was removed, it would mean that PLN would buy … Read more

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 … Read more

Coal’s ‘Apocalypse’ Is Real, These Facts Prove It

Jakarta, CNBC Indonesia – In the year coal touched a record high price, many analysts, economists and market players predict that ‘black gold’ which currently contributes greatly to the Indonesian economy, will in the not too distant future become part of the history books. The real coal has long been predicted to be removed, but … Read more

RI Coal Giant Predictions Amid India & China Threats

Jakarta, CNBC Indonesia – The Indonesian coal giant, PT Bumi Resources Tbk (BUMI) has also raised its voice amid the continuing fall in coal prices, coupled with the threat of reducing coal consumption from China and India. Dileep Srivastava, Independent Director and Corporate Secretary of BUMI, said that his party is still optimistic that coal … Read more

Whoops! After India, China brings new bad news for Indonesia

Jakarta, CNBC Indonesia – China brings bad news for Indonesian coal. The country plans to reduce the average ‘black gold’ consumption of power plants to 300 grams per kilo watt hour (kwh) in 2025. Quotes ReutersThis is done to improve energy efficiency and reduce greenhouse gas emissions. The National Development and Reform Commission (NDRC) said … Read more

Coal Prices are Exorbitantly Exorbitant, Beware of Dying PLN!

Jakarta, CNBC Indonesia – The price of coal is still exorbitantly high, although the price has dropped, it is still above US$ 200 per ton. This very high price makes coal entrepreneurs tend to be more export-oriented compared to meeting domestic needs, whose price is limited to a maximum of US$ 70 per ton. This … Read more

China’s Electricity Crisis for Indonesian Coal? Check Export Trends!

Jakarta, CNBC Indonesia – China is now starting to do everything possible to get out of the power crisis. The government led by Xi Jinping is now asking energy companies to ensure the safety of fuel supplies, especially ahead of winter. Energy companies are also asked to do everything possible to supply their energy. A … Read more