The Adaro Blog
Indonesia March exports, imports hit record highs amid commodity boom
April 20, 2022, 4:50 pm
Indonesia's exports and imports hit record highs in March amid commodity price rises due to the impacts of the Ukraine war, helping the resource-rich country book a larger-than-expected trade surplus, statistics bureau data showed on Monday.
March exports from Indonesia were worth $26.5...
EU countries hunt for global coal stocks as Russian ban looms
April 7, 2022, 2:10 pm
European buyers are increasing shipments of coal from across the globe against a backdrop of a proposed European Union ban on Russian imports and the scramble to relieve tight gas supplies, according to data and shipping sources.
The European Commission on Tuesday proposed new sanctions...
Indonesia to continue to use fossil fuels during energy transition
April 7, 2022, 2:09 pm
The government has said that it will continue to use fossil energy to meet energy demand during the transition period since Indonesia is still in the process of realizing clean energy and net-zero emissions.
However, it has developed a road map for clean energy and net-zero emissions, which...
Trafigura, Mercuria predict return to coal as energy crisis bites
March 24, 2022, 4:16 pm
Plunging Russian oil and gas exports to the west are set to drive up demand for coal, commodity traders say, as European governments and importers prioritise energy independence from Moscow over climate transition goals.
In recent weeks, the US, UK and EU have sought to halt President Vladimir...
China Turns To Indonesia For Coal Following Fallout With Australia
February 22, 2022, 4:55 pm
China and Australia appear to have finally moved away from each other. The relationship turned frosty after China imposed an “unofficial ban” on Australian coal imports back in November 2019. At the time, many speculated that China would suffer more. But steel prices have held steadier...
Coal to stay as major source of energy in foreseeable future: Joshi
December 22, 2021, 3:02 pm
Coal will stay as a major source of energy in the foreseeable future as it is an affordable source of energy with substantial reserve, Parliament was informed on Monday.
Despite push for renewables, the country will require base load capacity of coal-based generation for stability and also for...
Global coal power demand to hit new high
December 17, 2021, 2:33 pm
Rising consumption in China, India and the US could bring global coal-fired power demand to a new all-time high this year, undermining efforts to cut greenhouse gas emissions, the International Energy Agency (IEA) says.
The IEA said global power generation from coal was expected to reach 10,350...
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