EU and international partners launch ground-breaking partnership on just energy transition with Indonesia

ec.europe.eu

Today, the President of Indonesia, Joko Widodo, the President of the European Commission, Ursula von der Leyen , on behalf of the EU, and the leaders of the International Partners Group (IPG), which is jointly led by the United States and Japan and includes Canada, Denmark, France, Germany, Italy, Norway and the United Kingdom, launched a Just Energy Transition Partnership (JETP) with Indonesia . The launch takes place in connection with an event within the framework of the Partnership for Global Infrastructure and Investment (PGII) at the G20 summit, which takes place on 15-16 November 2022 in Bali.

In a joint statement , Indonesia and international partners have announced their commitment to meeting ground-breaking climate targets and related financing. This is done to support the Asian country in an ambitious and fair energy transition, which is in line with the goals of the Paris Agreement and which contributes to keeping the global warming limit of 1.5 °C within reach.

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Early retirement for Indonesian coal plants could cut CO2, boost jobs, analysis says

by Hans Nicholas Jong on 20 October 2022

news.mongabay.com

At a cost of $37 billion, Indonesia could retire its coal power plants as early as 2040 and reap economic, social and environmental benefits from the shift, a new analysis by nonprofit TransitionZero shows.

Replacing coal with renewables will create a windfall of new jobs, which would outweigh coal closure job losses by six to one, according to the analysis.

The analysis has also identified three coal plants in Indonesia that are the most suitable for early retirement, as they have lower abatement costs and are the most polluting.

JAKARTA — Indonesia’s plan to retire its coal-fired power plants and replace them with renewable energy by 2050 is not only feasible, but, when environmental costs are considered, will be less costly than relying on coal to power the Indonesian economy, according to a new analysis.

Indonesia is often dubbed as the last bastion for coal, as its power sector remains heavily reliant on the fossil fuel — about 70% of its generated electricity came from coal in 2021. Indonesia is also the world’s biggest thermal coal exporter.

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Vietnam to increase coal imports in 2025-2035 period: Ministry

Vietnam’s coal imports are forecast to rise to meet domestic production demand, according to a draft strategy for developing the coal industry in Vietnam recently introduced by the Ministry of Industry and Trade (MoIT).

vietnamplus.vn

Hanoi (VNA) – Vietnam’s coal imports are forecast to rise to meet domestic production demand, according to a draft strategy for developing the coal industry in Vietnam recently introduced by the Ministry of Industry and Trade (MoIT).

Accordingly, Vietnam will import about 50-83 million tonnes of coal per year during the period from 2025 to 2035, with the volume gradually falling to about 32-35 million tonnes by 2045.

The data from the MoIT shows domestic coal consumption increased rapidly from 27.8 million tonnes in 2011 to 38.77 million tonnes in 2015, and about 53.52 million tonnes in 2021.

The volume of coal consumed at present has more than doubled compared to 2011, mainly for electricity production.

The demand for primary energy, including coal, will continue to increase, possibly peaking in the 2030-2035 period, the ministry said.

Vietnam’s coal demand will be around 94-97 million tonnes in 2025, and peak at 125-127 million tonnes in 2030, mainly due to the increase in demand for power generation, and the cement, metallurgy and chemical industries.

The ministry also predicted that the demand for energy after 2040 will decline due to the energy transition process to meet emission reduction targets.

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Russia’s War Is Turbocharging the World’s Addiction to Coal

bloomberg.com

The first phase of the global energy crunch was driven by the natural gas shortage, now comes the coal crisis.

Russia’s invasion of Ukraine set off a chain reaction in the global energy markets that further thrusts coal into the spotlight. 
Russia’s invasion of Ukraine set off a chain reaction in the global energy markets that further thrusts coal into the spotlight. Photographer: Bartek Sadowski/Bloomberg

By Will Wade and Stephen Stapczynski

25 April 2022, 11:01 GMT+7

In Germany and Italy, coal-fired power plants that were once decommissioned are now being considered for a second life. In South Africa, more coal-laden ships are embarking on what’s typically a quiet route around the Cape of Good Hope toward Europe. Coal burning in the U.S. is in the midst of its biggest revival in a decade, while China is reopening shuttered mines and planning new ones

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Năng lượng trong biến đổi khí hậu: Giải pháp cho Việt Nam ?

TS – 30/11/2021 07:30 –

Cho đến nay, ngay cả những quốc gia tiên tiến về KH&CN vẫn chưa có giải pháp nào coi là hoàn hảo về một nguồn năng lượng xanh không phát thải carbon.


TS. Trần Chí Thành là một chuyên gia về công nghệ hạt nhân và an toàn hạt nhân. Ảnh: Thanh Nhàn.

Tuy nhiên, ngay cả khi không tồn tại giải pháp nào hoàn hảo thì vẫn có những lựa chọn tối ưu – nghĩa là vừa đảm bảo an ninh năng lượng mà vẫn hạn chế phát thải, TS. Trần Chí Thành, Viện trưởng Viện Năng lượng nguyên tử Việt Nam, cho biết như vậy qua góc nhìn của một chuyên gia về công nghệ hạt nhân và an toàn hạt nhân.

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China, India, other big coal users missing from COP26 phase-out deal

reuters.com

By Kate Abnett and Elizabeth Piper

Summary

  • Poland, Indonesia sign up to phase out coal
  • China, India, U.S., Australia not included
  • COP26 mini deals aim to add up to big climate win

GLASGOW, Nov 4 (Reuters) – Indonesia, Poland, Vietnam and other nations pledged on Thursday to phase out use of coal-fired power and stop building plants, but their deal at the COP26 climate summit failed to win support from China, India and other top coal consumers.

Britain has said one of its main aims for the United Nations summit is “consigning coal power to history”. The deal saw 23 nations making new commitments, a move the president of the COP26 summit, Alok Sharma, said put the end of coal “in sight”.https://17f4ab6d574607e1c63d4da62d7a4666.safeframe.googlesyndication.com/safeframe/1-0-38/html/container.html

“Today I think we can say that the end of coal is in sight,” Sharma told the Glasgow meeting.

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More than 40 countries agree to phase out coal-fired power

theguardian.com

Critics say pledge to end use of dirtiest fuel source in 2030s and 40s does not go far enough

Steam and smoke rise from Bełchatów power station in Poland.
Steam and smoke rise from Bełchatów power station in Poland, one of the countries that has agreed to phase out coal-fired power. Photograph: Sean Gallup/Getty Images

Fiona HarveyJillian Ambrose and Patrick Greenfield in GlasgowWed 3 Nov 2021 22.30 GMT

More than 40 countries have agreed to phase out their use of coal-fired power, the dirtiest fuel source, in a boost to UK hopes of a deal to “keep 1.5C alive”, from the Cop26 climate summit.

Major coal-using countries, including Canada, Poland, South Korea, Ukraine, Indonesia and Vietnam, will phase out their use of coal for electricity generation, with the bigger economies doing so in the 2030s, and smaller economies doing so in the 2040s.

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Old Coal Mines Can Win a Second Life as Green Energy Hotspots

bloomberg.com

By Rob Verdonck +Follow18 December 2020, 11:14 GMT+7

  •  Study examines turning coal operations into pumped hydro sites
  •  Other projects aim to add wind, solar at shuttered mines
Genex Power’s 50-megawatt solar farm at the disused Kidston mine.
Genex Power’s 50-megawatt solar farm at the disused Kidston mine. Photographer: Genex

Australia is studying plans to transform a disused underground coal mine into a pumped hydro facility, part of a wider effort to reuse retiring fossil fuel sites for renewable energy generation.

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COP26: 40 countries agree to phase out coal-fired power

By Zachary Skidmore04 Nov 2021 (Last Updated November 4th, 2021 11:39) Power Technology

More than 40 countries have agreed at COP26 to phase out their use of coal power by 2040 at the latest.

COP26: 40 countries agree to phase out coal-fired power

More than 40 countries have agreed to phase out coal-fired power at the COP26 climate summit. The agreement includes 18 countries promising to phase out or stop investments in new coal-fired plants domestically and internationally for the first time.

The list includes major coal using countries, including Canada, Poland, Ukraine, and Vietnam. Signatories to the agreement have committed to phasing out coal power in the 2030s for major economies and the 2040s for poorer nations. Dozens of private organisations have also signed up to the pledge, with HSBC and Export Development Canada among several major banks agreeing to divest from the coal industry.

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IEEFA: Defying global financial trends, Vietnam pivots back to coal power

Bản tiếng Việt >>

Thu Vu and Press Release September 29, 2021

Latest draft power development plan puts clean energy transition at risk by sacrificing renewables for more coal

29 September (IEEFA Vietnam): In the lead up to the United Nations Climate Change Conference COP26, President Xi Jinping recently declared that China will no longer build new coal-fired power projects abroad. Despite limited details, the ramifications of China’s coal exit strategy for coal-centric developing economies like Vietnam could be immense.

The ramifications of China’s coal exit for coal-centric developing economies could be immense

Before President Xi’s announcement, Vietnam’s latest draft Power Development Master Plan 8 (PDP8) was released, and in a surprising shift, proposed to raise the installed capacity target for coal-fired power by 3 gigawatts (GW) to 40GW by 2030, with an additional (and final) 10GW to be deployed by 2035.

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China’s Commitment to Stop Overseas Financing of New Coal Plants in Perspective

CSIS.org

September 24, 2021

On September 21, 2021, Chinese president Xi Jinping announced at the United Nations General Assembly debate that China would not build any new coal-fired power plants abroad and would step up its support for developing green and low-carbon energy in developing countries. He also reiterated the country’s goal to become carbon neutral by 2060 and peak carbon emissions by 2030, targets which he had first announced last year. This new announcement sets the tone for the upcoming UN climate change conference, COP26, which will be held in Glasgow in early November.

Q1: Why does this new climate commitment matter?

A1: Xi Jinping’s speech at last year’s UN General Assembly was noteworthy because it set a timeline for China’s decarbonization. However, in addition to not specifying a peak level of emissions, it also left unanswered the question of whether the country would shoulder the responsibility for climate action outside its borders. China’s role as the largest public financier of coal projects globally has come into particular focus this past year as other governments, such as the G7 members, have pledged to slash their public financing of such projects. There were multiple calls from the international community, including U.S. special envoy for climate John Kerry, for China to end its support for coal projects globally.

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South Korea and Japan Will End Overseas Coal Financing. Will China Catch Up?

WRI.org

Since 2013, public finance from China, Japan and South Korea accounted for more than 95% of total foreign financing toward coal-fired power plants. This financing enabled the construction and operation of coal power plants in developing countries, where investment in power supply does not match demand. These investments also came at a time when the global carbon budget was already overstretched.

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China key to Vietnam’s solar success

Chinadialogue.net

A rapid rise in Vietnam’s solar power has been boosted by Chinese finance and technology, but more support is still going to fossil fuels

Solar energy in Vietnam has grown rapidly since 2018, supported by Chinese finance and technology (Image: Alamy)Solar energy in Vietnam has grown rapidly since 2018, supported by Chinese finance and technology (Image: Alamy)

Linh Pham

June 30, 2021

Vietnam has been a Southeast Asia solar success story. It went from having barely any generation in 2018 to a quarter of its total installed capacity being solar – a 100-fold increase in two years.

This rapid growth is mainly down to the Vietnamese government’s feed-in tariff which provides a guaranteed above-market price for renewable energy producers; other incentives signed off in 2017 in an attempt to pivot away from lagging fossil fuel projects; and cheaper solar panels, some of which are assembled domestically.

Around 99% of the installed solar panels in Vietnam come from China. At the same time, China is one of the few countries that still lends Vietnam money to build coal plants.

China’s future role in Vietnam’s power system will be shaped by the latter’s newest plan for its power sector. The final version of the Power Development Plan 8 is due to be published in June, though it has been postponed before and may be again.

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Asia’s new coal plant plans jeopardize climate targets, report says

China, India, Indonesia, Japan and Vietnam plan to build more than 600 new coal-fired power projects, with a combined capacity of more than 300 gigawatts. Most would prove uneconomical and the new plants would put international climate goals out of reach.

By Reuters   June 30, 2021 | 08:37 am GMT+7 VNExpressAsia's new coal plant plans jeopardize climate targets, report saysA coal power plant in Vietnam’s northern province of Thai Binh in 2019. photo by VnExpress/Gia Chinh.

Five Asian countries including Vietnam are responsible for 80 percent of new coal power plants planned around the world, the Carbon Tracker group said on Wednesday.

China, India, Indonesia, Japan and Vietnam plan to build more than 600 new coal-fired power projects, with a combined capacity of more than 300 gigawatts, the group said, adding most would prove uneconomical and the new plants would put international climate goals out of reach.

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Vietnam needs coal-fired plants for 15 years at least

By Duc Minh   March 19, 2021 | 10:14 am GMT+7 VNExpressVietnam needs coal-fired plants for 15 years at leastVinh Tan Power Plant 4 in the central province of Binh Thuan. Photo by Shutterstock/pDang86.Despite the associated environmental problems, Vietnam cannot do without coal-fired power plants for another 15 years at least, experts say.

There is no current alternative that can help Vietnam ensure energy security and maintain stable prices, they add.

There are several coal-fired plants in the pipeline, set to be be built by 2025, including the Nam Dinh 1 and Thai Binh 2 in northern Vietnam, and even after 2035 the country will still need a small number of coal-fired plants to keep prices from rising too high, the Institute of Energy says in a comment on the country’s latest energy development plan.

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