Coal news and updates

47 more coal plants to start trading carbon this year

Energy ministry secretary general Dadan Kusdiana said the 47 coal plants would add to the 99 existing participants in the carbon trading program, all of which joined last year.

Forty-seven more coal-fired power plants are set to join the country’s carbon trading scheme this year, according to the Energy and Mineral Resources Ministry, which plans to bring still more business into the program in the future.

Energy ministry secretary general Dadan Kusdiana said the 47 coal plants would add to the 99 existing participants in the carbon trading program, all of which joined last year.

“This year, the number of participants will be 146, with the addition of coal-fired plants with a capacity of 25 megawatts (MW) or more,” said Dadan on Tuesday, as quoted by bisnis.com.

The government began incorporating coal-fired power plants into the country’s carbon trading scheme last year, seeking first to include those with 100 MW of installed capacity or more. This year, it is planning to include plants whose capacities fall below the previous threshold.

Indonesia has divided its carbon trading push in the power sector into three stages, with the first running for the past two years. Starting next year, the country will commence the second phase, which will last until 2027. The final phase begins in 2028.