PR Newswire
16 Jun 2022, 20:21 GMT+10
JAKARTA, Indonesia, June 16, 2022 /PRNewswire/ -- PT Bukit Asam Tbk (IDX:PTBA) has officially launched its Bukit Asam Innovation Awards 2022 (BAIA 2022): Greenovator, embracing the theme of "Decarbonization Competition". This competition shows PTBA's devotion to overcome apparent challenges caused by climate crisis through the development of effective research-based technology.
Through this competition that began on March 22, 2022, PTBA is inviting all reliable researchers and innovators in the field of environment and mining to develop technologies that are effective, within the framework of business and environmental sustainability. BAIA 2022 registrations are currently open until August 31, 2022.
Greenovator Competition Categories
Greenovator is accepting work of innovations within two categories, namely Carbon Capture, Utilization, & Storage (CCUS) and Carbon Reduction. The prize amounting to Rp3 billion will be given to the best ten innovation works by the end of the event.
The technologies that fall within the CCUS category is related to the method in post-combustion processes in Power Generation activities of Steam Power (PLTU) and gasification plant, with carbon capture as its main instrument requirement.
The second category is Carbon Reduction, focusing on the methods used in reducing the excess of carbon dioxide (CO2) emission in coal mining and utilisation activities through the scheme of energy efficiency, electrification, renewables, equipment optimization, et cetera.
The Urgency of Technology Innovation
Today, the process to tackle down the effect of climate crisis has encountered various obstacles and challenges, ranging from the availability of alternative energy, global energy dependence, to technological developments that may not be fully optimized. However, since the issuance of international commitment to achieve carbon neutrality by 2060, the need for development of decarbonization technologies is becoming more evident.
"These obstacles and challenges provide an opportunity for organisations, institutions, startups, and the public to showcase sophisticated innovation ideas that are effective to overcome the excess of carbon emission and gain recognition. Furthermore, this Greenovator competition can serve as an early steppingstone for participants who want to diversify their business towards green energy," explains Iko Gusman, Chairman of the Committee BAIA 2022 Greenovator.
Currently, Greenovator is conducting a series of roadshows and workshops for knowledge-sharing amongst stakeholders amid the rapid development of science and technology, especially in the field of decarbonization technology.
"We are expecting all the best organisations and individuals in decarbonization technology field to participate in BAIA 2022 Greenovator. This also can be seen as a serious and consistent effort from PTBA to support the government's ESG policy based of the National Medium-Term Plan (RPJMN) 2020-2024 and Indonesia's Presidency in G20 to realize Net Zero Emission in 2060," said Iko.
For those who are interested in registering for the BAIA 2022: Greenovator competition, visit https://greenovator.ptba.co.id/id/register.
Further information regarding Greenovator is available here.
SOURCE PT Bukit Asam Tbk
Get a daily dose of Singapore Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Singapore Star.
More InformationALBANY, New York: A New York state judge has struck down a recent law giving 800,000 non-citizen New York City ...
DUBAI, UAE: The Arab states have built significant amounts of solar and wind power installations, and are in line to ...
LONDON, England: A second referendum on Scottish independence is set to be held in October 2023. The Scottish government, led ...
LISBON, Portugal: Tuvalu Foreign Minister Simon Kofe walked out of the opening cermonies of this week's United Nations Ocean Conference ...
SULAWESI, Indonesia: Using just a rope, an Indonesian man, supported by fellow villagers on the island of Sulawesi, captured a ...
WATFORD, UK: Watford F.C. has cancelled a friendly match against the Qatar national team due to the Gulf country's human ...
NEW YORK, New York - U.S. stocks rebounded on Friday, a day after major across-the-board sell-offs."Consensus estimates for 2022 and ...
GENEVA, Switzerland: Swiss pharmaceutical group Novartis has said, as part of its previously announced restructuring program, that it could cut ...
SHANGHAI, China: Walt Disney Company reopened Shanghai Disneyland on 30th June, one month after the city lifted a two month ...
SYDNEY, NSW, Australia - Stocks in Asia skidded lower Friday with all the major indices recording solid losses."Capitulation is the ...
ISLAMABAD, Pakistan - Given the country's ongoing economic crisis and acute fuel shortage, the Pakistan government is considering purchasing oil ...
WASHINGTON, D.C.: Amidst the rise of "re-fracs" in the U.S. as part of the efforts to boost domestic oil production, ...