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    US Government Chooses Bechtel To Dispose Of Nuclear Waste

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    In India, Open Access RE Capacity Surges By 1.9 GW In 2022

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    Central American Development Bank commits $800 million toward the fuel relief effort

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    Array Technologies increased revenue 35% to US$872.7 million in 2020

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    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

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    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

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    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

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    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

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    Global Coal-Fired Electricity Making Hits New Peak In 2021

    Australian Greens Want To Shut State Coal Facilities By 2030

    Work begins on $1.7bn China-financed coal plant in Turkey

    Royalty Arrangement Deters Coal Investment In Indonesia

    Statkraft seeks planning nod for 49.9-MW Scottish wind farm

    Wind Energy Could Help India In Enhancing RE Power By 24 GW

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    US Government Chooses Bechtel To Dispose Of Nuclear Waste

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    In India, Open Access RE Capacity Surges By 1.9 GW In 2022

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    Massachusetts Climate Law Encourages Offshore Wind Options

    346MW India Turbine Contract Received By Siemens Gamesa

    346MW India Turbine Contract Received By Siemens Gamesa

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    Refiners Should Not Be Making Above Normal Profits- Biden

    Refiners Should Not Be Making Above Normal Profits- Biden

    Cluster of Businesses Want The EU To Improve Energy Security

    Cluster of Businesses Want The EU To Improve Energy Security

    Enel plans to expand power distribution business into US

    In A Move To Avert Blackouts Australia Halts Power Market

    Central American Development Bank commits $800 million toward the fuel relief effort

    Central American Development Bank commits $800 million toward the fuel relief effort

    A New 500-MW Supercritical Coal-Fired Power Plant Going into Operationa in Philippines

    EU Reduces Plans of Fossil-Fueled Electricity By One-Third

    BP to invest up to £18 billion in UK energy system by 2030

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    Italy's Innovatec targets EUR 100m in revenue from new solar business

    Italy’s Innovatec targets EUR 100m in revenue from new solar business

    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    SPI Energy Develops Utility Scale Solar Project in Maryland

    Lightsource BP pioneers UK's first night-time solar service

    Altus Power and Heliene Establish Strategic Partnership to Support U.S. Solar Module Manufacturing

    EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

    I&M is Powering the Next Tomorrow with Plans to Add More than 2,000 MW of Solar

    WindEurope Annual Event 2022 in Bilbao - Registrations Open, Conference Programme Available

    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

    RWE chooses Chantiers de l'Atlantique as key supplier for its F.E.W Baltic II wind farm - design, construction and installation of the electrical offshore substation

    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

    EGAT deploys Siemens software solutions for the worlds largest Hydro-Floating Solar Hybrid Project

    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

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Royalty Arrangement Deters Coal Investment In Indonesia

in News, Thermal Power
Work begins on $1.7bn China-financed coal plant in Turkey

According to a report, Indonesia’s new royalty plan, which imposes a 28% rate when coal’s benchmark price exceeds $100 per tonne, is expected to discourage investment in expanding existing coal capacity.

The government will now impose the higher royalty rates as the average coal benchmark price, also known as Harga Batubara Acuan (HBA), for the time period from January to May 2022 is now at $222 per tonne. As per Ghee Peh, an energy finance expert for the Institute of Energy Economics and Financial Analysis, the new royalty system of 14–28%, higher than the previous 13.5%, is expected to discourage new coal capacity expansion further.

With a combined cash balance of US$6.8 billion, the moment is right for Indonesian coal businesses to speed up their shift.

Eight Indonesian coal businesses invested in infrastructure in 2021, according to the IEEFA, with an emphasis on new coal-related projects. Despite this, according to Peh, the IEEFA, the energy shift is accelerating.

Despite the fact that Indonesian coal businesses have benefited greatly from increases in coal prices, Peh advised that the transition out of the high realisation coal prices, net profits, and operational cashflows for 2021 and the first quarter of 2022 be expedited.

The Peh claims that ABM Investama has increased its coal production through plans to acquire new coal mines, but the PTBA has conceptual intentions for a downstream coal dimethyl ether facility.

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