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View all search resultsSet to officially launch in 2027, the cap-and-trade scheme will be separate from the voluntary carbon market as well as from the limited mandatory one for coal-fired power plants, both introduced in 2023.
The country is planning to add nuclear power to the national energy mix through a small-scale nuclear power plant, targeted to start operating by 2032, as part of its energy transition to fulfill its net-zero commitment.
Following on the heels of its shares purchase in Singapore-based Sembcorp Environment last week, TBS Energi Utama has divested two coal plants, with the funds to be invested in clean energy and waste management projects.
On the sidelines of COP29 in Azerbaijan, special presidential envoy Hashim said the President was committed to generating an additional 100 GW of electricity in the next 15 years, 75 percent of which would come from renewable energy sources, including nuclear, as part of a wider net-zero strategy that involves CCS and forest rehabilitation.
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