Indonesia defies global coal retreat with captive plant boom

Indonesia defies global coal retreat with captive plant boom

JAKARTA — As much of the world shutters coal power plants and shelves new proposals, Indonesia is bucking the trend — adding the third-highest volume of coal capacity globally in 2024, driven largely by the need to power a growing fleet of metal smelters. This places Indonesia among a shrinking group of nations still expanding their coal use, according to a new report by U.S.-based nonprofit Global Energy Monitor (GEM). The annual “Boom and Bust…