Indonesian power sector is expected to consume 95.6 million tonnes of coal in 2020, down 1.43% year on year, as the COVID-19 lockdown restricts electricity demand, said state-owned PLN.
In first half of 2020, coal consumption by Indonesian power plants reached 50.16 million tonnes, according to PLN. The average monthly intake therefore was calculated at 8.36 million tonnes.
But coal consumption bounced back in the past two months, due to an easing of lockdown measures. Average coal consumption rose to 9 million tonnes in July and August, much higher compared to the January-June period.
The country's sluggish coal demand will make its coal consumption fall short of the annual goal of 155 million tonnes to some 125 million tonnes this year, the country's energy ministry said.
Indonesia's coal consumption is expected to remain stable in the coming months, PLN said, but it's unlikely to recover to pre-COVID-19 levels.
PLN forecasts that coal demand from the power sector would edge up to 98.01 million tonnes in 2021, but still lower than the original prediction of 120.53 million tonnes. It may increase to 104 million tonnes in 2022.
(Writing by Rebecca Liu Editing by Harry Huo)
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