November 27, 2024

Indonesia lawmakers propose coal-based fuels as ‘new energy’, incentives for renewables

Indonesia #Indonesia

A heavy machinery unload coal from barges into trucks to be distributed, at the Karya Citra Nusantara port in North Jakarta, Indonesia, January 13, 2022. Picture taken with a drone. REUTERS/Willy Kurniawan

Register now for FREE unlimited access to Reuters.com

Register

JAKARTA, June 8 (Reuters) – Indonesia’s parliament is proposing the inclusion of coal-based energy and nuclear as “new energy” sources in a draft of a new bill reviewed by Reuters, which also proposes renewable energy compensation and incentives.

The draft bill, which will be put forward for discussion with the government, also proposes a so-called Domestic Market Obligation for coal is increased to 30% from the current 25%, plus the removal of all diesel power plants by 2024.

Register now for FREE unlimited access to Reuters.com

Register

Reporting by Stefanno Sulaiman and Stanley Widianto, additional reporting by Fransiska Nangoy, Gayatri Suroyo, Bernadette Christina; Editing by Martin Petty

Our Standards: The Thomson Reuters Trust Principles.

Leave a Reply