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BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

Green Car Congress

The global net zero transition can represent a $3.5-trillion trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. trillion under the NZS.

Indonesia 195
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GlobalData: Global coal production set to grow to 2022, despite major players scaling down capacities

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Although Germany, the UK, US, Canada and Ukraine are phasing out domestic coal production capacity, expansion of production capacity in countries such as India and Indonesia is predicted to generate modest annual growth of 1.3% in coal production over the next four years, with output reaching 7.6 to 7,188.8 to 7,194.1

Coal 321
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Pertamina to collaborate with Celanese to develop fuel ethanol projects using Celanese TCX process in Indonesia; use of lower-rank coal

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Celanese Corporation has entered into a Joint Statement of Cooperation to advance the development of fuel ethanol projects with Pertamina, the state-owned energy company of Indonesia. Indonesia’s current demand for transportation fuel in 2012 is expected to reach approximately 25 million tons and increase 6% annually through at least 2020.

Indonesia 231
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Air Products and Topsoe sign global alliance agreement for collaboration on large-scale ammonia, methanol, and/or dimethyl ether projects

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Air Products, a leader in industrial gases and megaproject development, and Haldor Topsoe, a leader in high-performance catalysts and proprietary technology for the chemical and refining industries, have signed a global Alliance Agreement. Half of all the ammonia used to make artificial fertilizer is produced using Topsoe catalysts.

Global 259
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Indonesia’s massive metals build-out is felling the forest for batteries – ET Auto

Baua Electric

Where trees once grew, there are dusty warehouses, mountains of black coal and water that runs silty brown. Fiery smelters and multiple coal-fired power plants burn nonstop to refine nickel ore into material for batteries and steel. Indonesia aims to dominate the world’s nickel supply, and it’s succeeding.

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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). In Nevada, NV Energy is looking to replace coal plants with 300 MW of renewable energy, including geothermal.

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New phase of globalization could undermine efforts to reduce CO2 emissions

Green Car Congress

A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications. trillion) in 2014.

Emissions 170