Thursday, October 6, 2016

Indonesia's coal consumption remains high

Indonesia's coal consumption remains high

Despite a global shift toward more environmentally friendly energy sources,
Indonesia's coal consumption has increased significantly over recent years,
partly triggered by a sharp drop in coal consumption in key coal markets, a
British oil giant report has revealed.

The BP Statistical Review 2016 revealed on Wednesday that Indonesia's coal
consumption had doubled since 2010. Last year, coal became the country's
dominant source of fuel, accounting for 41 percent of total energy
consumption.

BP Group chief economist Spencer Dale said a sharp decline in global demand
for coal had led to an increase in domestic consumption of the commodity.
Continuous production that occurred during weak global demand would
naturally lead to an increase in domestic consumption, he explained.

"Last year, Indonesia's exports for coal fell sharply. The reason was
because the global demand decreased at that time, during which China, one of
the country's key markets for coal exports, cut its use of coal," Dale said.

He added that over the past 10 years, growth in global coal demand had been
driven by China. However, China's economy has shifted away from coal to
using cleaner, lower carbon fuel sources such as renewable energy and
natural gas.

Studies show coal consumption remains popular in Indonesia despite its
damaging environmental impacts. The government has committed to an ambitious
35,000 megawatt electricity program, in which coal-fueled power plants will
still make up the majority of electricity generation, at around 50 percent.

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Ref:
http://www.thejakartapost.com/news/2016/10/05/indonesias-coal-consumption-re
mains-high-bp.html


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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com

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