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

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Based on BNEF’s New Energy Outlook, its annual long-term scenario analysis on the future of the energy economy, the report examines how Indonesia’s energy supply may evolve under BNEF’s Economic Transition Scenario (ETS) as well as a Net Zero Scenario (NZS) compliant with the goals of the Paris Agreement. trillion under the NZS.

Indonesia 195
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Rostec and Shenhua to invest up to $10B into coal mine development and infrastructure in Russian Far East; coal and power

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Russian State Corporation Rostec, one of the largest Russian industrial conglomerates, and Chinese State Corporation Shenhua, the world’s leading producer and distributor of coal, have signed a Memorandum of Understanding. High calorific value coal concentrate will be exported to Asia-Pacific countries, mainly to China.

Coal 210
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. —Snam CEO Marco Alverà.

Gas 243
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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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The energy crisis in Europe and Asia this winter is a preview of what we can expect in the years ahead. Pressure on governments and industry for a green recovery is further constraining availability of capital, it says. Fear of a mismatch between demand and future supply could start to materialize in this time frame, ,hte report says.

Price 416
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ExxonMobil projects natural gas will overtake coal as second most widely used source of energy by 2025

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By 2025, ExxonMobil predicts natural gas will overtake coal to become the second most widely used source of energy worldwide. According to our projections, over the next three decades, while natural gas supplies from conventional sources will remain the majority of production, unconventionals are likely to grow by more than 400 percent.

Coal 244
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Consortium developing green hydrogen megaproject in Oman

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Given the site’s strategic location between Europe and Asia, as well as excellent solar irradiance and wind resource facing the Arabian Sea, the development is positioned to offer a secure and reliable supply of green fuels globally at a competitive price. Green hydrogen is expected by some to grow into a US$2.5-trillion

Oman 284
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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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TCX builds on Celanese’s acetyl platform and integrates new technologies to produce ethanol using basic hydrocarbon feedstocks—natural gas, coal and pet coke now, with biomass and waste planned for the future. So far, Celanese has been targeting the industrial ethanol market as part of its acetyl business. Earlier post.).

Indonesia 231