Energy Transition Commitment Questioned as Coal Production Hits Record

Coal Mining
Summary

The Indonesian Energy and Mineral Resources Ministry has announced that coal production throughout 2023 reached 775 million tons, marking a 13 percent increase compared to 2022. The Energy and Mineral Resources Minister Arifin Tasrif said this signifies the highest coal production in history. Arifin emphasized that coal production surpassed the government's target of 695 million tons.

According to the Energy Ministry's data, 213 million tons out of the realized production of 775 million tons were utilized domestically, while 518 million tons were exported. Arifin highlighted the ongoing upward trend in domestic coal consumption, rising from 177 million tons in 2022 to 213 million tons in 2023. Similarly, exports increased, reaching 518 million tons in 2023, compared to 465 million tons in 2022. "We can observe that our coal exports are also on the rise, driven by increasing energy demand and disruptions in the supply of alternative energy sources," he stated on Jan 15.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.