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47 more coal plants to start trading carbon this year

Energy ministry secretary general Dadan Kusdiana said the 47 coal plants would add to the 99 existing participants in the carbon trading program, all of which joined last year.

News Desk (The Jakarta Post)
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Thu, July 25, 2024 Published on Jul. 24, 2024 Published on 2024-07-24T14:08:48+07:00

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47 more coal plants to start trading carbon this year A 660 megawatt (MW) coal-fired power plant in Cirebon is pictured in this undated file photo. (Courtesy of/www.cirebonpower.co.id)

F

orty-seven more coal-fired power plants are set to join the country’s carbon trading scheme this year, according to the Energy and Mineral Resources Ministry, which plans to bring still more business into the program in the future.

Energy ministry secretary general Dadan Kusdiana said the 47 coal plants would add to the 99 existing participants in the carbon trading program, all of which joined last year.

“This year, the number of participants will be 146, with the addition of coal-fired plants with a capacity of 25 megawatts (MW) or more,” said Dadan on Tuesday, as quoted by bisnis.com.

The government began incorporating coal-fired power plants into the country’s carbon trading scheme last year, seeking first to include those with 100 MW of installed capacity or more. This year, it is planning to include plants whose capacities fall below the previous threshold.

Read also: Coal power plants under no pressure to use new carbon exchange

The scope of the program is to expand further next year, as the government plans to require gas power plants to join.

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Indonesia has divided its carbon trading push in the power sector into three stages, with the first running for the past two years. Starting next year, the country will commence the second phase, which will last until 2027. The final phase begins in 2028.

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