Indonesia’s coal production for 2024 has reached 831 million tons, surpassing the government’s target by 17%, according to preliminary data from the Ministry of Energy and Mineral Resources.
As the world’s top coal exporter, Indonesia heavily depends on coal to meet its domestic electricity needs. This is despite President Prabowo Subianto’s plan to phase out coal-fired power plants by 2040.
A December report from the International Energy Agency noted that global coal consumption has doubled over the past 30 years. However, demand is expected to stabilize by 2027. In developed countries, coal demand has already peaked and is anticipated to decline further by 2027.
Indonesia’s growing coal production presents a challenge to its goal of phasing out coal by 2040, especially since the country is falling behind its regional neighbors in adopting renewable energy.
Other major coal producers, such as China, have also ramped up output to meet global demand, despite the urgent need for a shift to cleaner energy sources.
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