Natural Gas by S&P Global Commodity Insights’ Post

Asian economies are prioritizing energy security and stability, increasing reliance on oil, coal, and gas. However, transitions are still underway: China is expanding compliance carbon markets, Indonesia and Malaysia are adding CCUS to upstream plans, India is growing renewable capacity, and Japan is introducing hydrogen and ammonia. Join us at #APPEC2024 on September 9-12 in Singapore to delve deeper into these topics and more in the worlds of #Oil, #Chemicals, #Hydrogen, #Carbon, and #Shipping. Register now >> >>https://okt.to/v895xZ

Asian economies are prioritizing energy security and stability, increasing reliance on oil, coal, and gas. However, transitions are still underway: China is expanding compliance carbon markets, Indonesia and Malaysia are adding CCUS to upstream plans, India is growing renewable capacity, and Japan is introducing hydrogen and ammonia. Join us at #APPEC2024 on September 9-12 in Singapore to delve deeper into these topics and more in the worlds of #Oil, #Chemicals, #Hydrogen, #Carbon, and #Shipping. Register now >> >>https://okt.to/9keu5A

Asian economies are prioritizing energy security and stability, increasing reliance on oil, coal, and gas. However, transitions are still underway: China is expanding compliance carbon markets, Indonesia and Malaysia are adding CCUS to upstream plans, India is growing renewable capacity, and Japan is introducing hydrogen and ammonia. Join us at #APPEC2024 on September 9-12 in Singapore to delve deeper into these topics and more in the worlds of #Oil, #Chemicals, #Hydrogen, #Carbon, and #Shipping. Register now >> >>https://okt.to/0rspCq

Asian economies are prioritizing energy security and stability, increasing reliance on oil, coal, and gas. However, transitions are still underway: China is expanding compliance carbon markets, Indonesia and Malaysia are adding CCUS to upstream plans, India is growing renewable capacity, and Japan is introducing hydrogen and ammonia. Join us at #APPEC2024 on September 9-12 in Singapore to delve deeper into these topics and more in the worlds of #Oil, #Chemicals, #Hydrogen, #Carbon, and #Shipping. Register now >> >>https://okt.to/vie9fn

#Indonesia released early 2023 #energy data   The Ministry of Energy and Mineral Resources of Indonesia published a report earlier this month containing assessments based on 2023 data. Last year, around $30bn were invested in the energy sector. As Indonesia pledged to reach carbon neutrality by 2060, here are some key takeaways from the figures released:   🔷 Coal production increased by 12.8%, recording a double-digit growth for the second year in a row. 🔶 Oil output continues to fall in the long term but stabilized after recording a 7% drop in 2022. 🔷 Gas production remained rather steady, with a slight increase of domestic consumption. 🔶 The share of #renewables in primary energy consumption is growing at a very slow pace and remains below target. 🔷 Efforts to mitigate #CO2emissions have been achieved, but the absolute level of emissions continues to grow.   More insights can be found here 👉 https://lnkd.in/dCsyErX

Better than CDN "Just Transition" is export of CDN inexpensive cleaner than coal energy! Until countries like India & China have inexpensive cleaner than coal energy they will continue to burn coal!

The Ministry of Energy and Mineral Resources (ESDM) has finally released the National Hydrogen Strategy. A big step towards hydrogen commercialization in Indonesia. I appreciate that the drafting team sees it not as a silver bullet, a solution for all sectors. Rather, it provides a more neutral and critical view that hydrogen is less efficient than direct electrification, thus implementation could be limited to hard-to-abate sectors. Access the document here: https://lnkd.in/gnNCy-Ru

THE ROLE OF HYDROGEN IN INDONESIA This report is the first part of a series of five hydrogen reports. This first report on the role of hydrogen examines the use of hydrogen to help Indonesia achieve its net-zero target by 2060 and it has enlisted the services of Ricardo to help define its strategy and put together a roadmap. It provides insights on developing hydrogen-related projects. This study analyses the potential market demand for hydrogen in Indonesia and looking at the potential demand as far into the future as possible, which is to the year of 2060. Dokumen dapat diunduh melalui https://lnkd.in/g8bsSc-5

Efforts in the U.S. to reduce carbon emissions are futile without the cooperation of China. Attacking our oil & gas industry hurts American manufacturing and jobs and boosts China and its new "no limits partner" Russia. Read 𝘛𝘩𝘦 𝘎𝘳𝘦𝘦𝘯 𝘙𝘦𝘢𝘭 𝘋𝘦𝘢𝘭 for more.

China's Q1 2024 #green #hydrogen projects exceed 80% of 2023 levels, with higher planned investments The intensive issuance of hydrogen energy #policies in China has spurred active involvement from enterprises in hydrogen projects. In terms of hydrogen production, the number of green hydrogen projects surged in Q1 2024, surpassing 80% of the total for 2023, with planned investments exceeding those of 2023.   On the application sector, the #chemical industry is the primary consumer of domestic green hydrogen, especially for #ammonia and #methanol production. The EU's Carbon Border Adjustment Mechanism (CBAM) has driven demand for green methanol, making it the preferred choice for shipping decarbonization. Therefore, from the second half of 2023, new projects are shifting focus from green ammonia to green methanol.   However, higher costs of green hydrogen compared to grey hydrogen and the lack of refined carbon emission trading policies present medium to long-term challenges. Only nine provinces with abundant renewable energy such as wind and solar resources are expected to achieve cost parity between green and grey hydrogen by 2060. Full story 👉 https://lnkd.in/gdhdpaGv