Coal Prices: Jump more than 3%

Bisnis.com, JAKARTA – The price movement of coal continued to get stronger on the closing trading session yesterday, Tuesday(31/1/2017), after managed to rebound on the previous trading day.

On Tuesday trade, coal price for February 2017 Contract, the most active contract in Rotterdam market, was closed soaring to 3.65% or 3 point to US$85.30/metric ton.

In the previous trading session, the February […]

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Jonan Requests Coal Usage for Electricity Production Improved

Jakarta, Ministry of Energy and Natural Resources (ESDM) Ignasius Jonan suggests that Electric Power Producers of PLN conduct efficiencies, one of them is with the usage of coal to reduce electricity rate charged to consumers.

He expressed this notion when visiting Steam Coal Electricity Power Generator (PLTU) at Tenayan that is located near Pekanbaru City, Riau on Sunday (18/12).

“If can be […]

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Coal Prices: Rally on third day, coal price rose by 0.84%

Bisnis.com, Jakarta – The movement of coal price for January contract continued its rally on the third closing trade, Thursday(22/12/2016), despite the report on production decline.

On Thursday Trade, coal price for January Contract 2017, the most active contract on Rotterdam Market closed higher by 0.84% price or 0.70 point to US$83.75 per metric ton.

Coal price for January Contract 2017 continued […]

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Indonesian’s Coal Price Reference (HBA) reached US$100 per ton

Jakarta – Coal Price Reference (HBA) for December 2016 reached US$100 level per ton. Ministry of Energy and Natural Resources (ESDM) stipulated this HBA for December to be US$101.69 per ton. Coal prices above US$100 per ton showed similar past conditions that happened between the end of 2011 to mid 2012.

Head of Bureau of Communication, Public Information Service, and Cooperation […]

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A New Tax cut proposal by government for renewable energy producers

Currently, renewable energy producers generate electricity with average price of 15 US cent per kilowatt hour (kWh), which is much higher than the prices offered to households by state electricity company PLN at 8 cent per KWh.

To reduce the a renewable electricity prices, government propose a subsidy of  Rp. 1.3 trillion in the 2017 state budget. Unfortunately, the proposal was […]

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PLN Seeks To Lead Private-Aimed

PLN is eyeing a lead role in the 2,500 remote villages electrification program, a project initially aimed at the private sector.

The Energy and Mineral Resources Ministry is working on a ministerial regulation that would allow private companies to set up off-grid power plant projects in remote villages, 2,376 of which are located in Papua and West Papua.

Private investors taking part […]

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