APMDC Suliyari coal upcoming auction 1,50,000 MT for MP MSME on 2nd Dec 2024 @ SBP INR 2516/- per MT

APMDC Suliyari coal upcoming auction 75,000 MT for Pan India Open on 15th Oct 2024 / 15th Nov 2024 & 16th Dec 2024 @ SBP INR 3000/- per MT

Notice regarding Bidder Demo dated 23.10.2024 from 4 P.M of BCCL Coking Coal of Washery Developer and Operator (WDO) for Dugda Coal Washery e-Auction scheduled on 16.12.2024 in Coaljunction portal

Login Register Contact Us
Welcome to Linkage e-Auctions Welcome to Coal Trading Portal Welcome to APMDC Suliyari Coal

Coal news and updates

Indonesia, Philippines seek to reduce coal dependency

02 Jul 2024

 

Indonesia and the Philippines are leading the surge in coal dependency in Southeast Asia, with their reliance continuing to grow rapidly in 2023.

ZaloFacebookTwitterPrintCopy link

Jakarta (VNA) - Indonesia and the Philippines are leading the surge in coal dependency in Southeast Asia, with their reliance continuing to grow rapidly in 2023.

Data recently released by the energy consultancy Ember shows that last year, the Philippines outranked Poland, China, and Indonesia in the percentage of coal in its energy mix, becoming the most coal-dependent country in the region.

The percentage of electricity generated from coal in the Philippines surpassed that of Poland, China, and even Indonesia in 2023. The country saw a significant increase of 2.9% in its annual coal production rate, from 59.1% in 2022 to 61.9% in 2023.

Meanwhile, this percentage in Indonesia slightly increased to a new record high of 61.8%, surpassing Poland in 2023 after having already outpaced China in 2022.

According to Ember, these figures highlight the challenges that the two Southeast Asian nations face in achieving their green energy goals. The share of coal in electricity production in the Philippines increased for the 15th consecutive year in 2023, despite its goal to reduce reliance on this fuel to less than half of its total electricity production by 2030.

Ember reported that both Indonesia and the Philippines are lagging behind other ASEAN countries in developing wind and solar energy. They have struggled to improve their renewable capacity due to the associated costs./.