Steel Decarbonization: Technologies & Costs
Join Bloomberg and the Indonesian Iron & Steel Industry Association (IISIA) as our specialists discuss technology options and costs of producing near zero-emissions steel. We will also examine carbon tax development in Indonesia.
Speakers
Kobad Bhavnagri
Head of Industry Decarbonization
BNEF
Kobad Bhavnagri is a leading expert on the energy transition. He is the Global Head of Industrial Decarbonization for BloombergNEF, an independent research house specialising in the future of energy. He oversees the firms work on hydrogen, carbon capture and storage, heat electrification and the circular economy. Kobad was previously BNEF’s Global Head of Special Projects, and lead author of the Hydrogen Economy Outlook. Prior to that, he was BNEF’s Head of Australia and Head of Asia-Pacific Economics and Policy. He has authored over 100 publications spanning energy policy, economics, finance and technology since joining the company in 2010. Kobad is also a Non-Executive Director of the Carbon Market Institute, an Adjunct Senior Lecturer in the faculty of Engineering at the University of New South Wales and a member of the Australian Government’s Energy Industry Roundtable. He has worked in the energy and finance industries since 2003 as an engineer, management consultant and analyst, and has a first class honours degree in Mechatronic Engineering from the University of New South Wales.
Kimin Tanoto
Founder and CEO, Gunung Capital (GC)
Vice Chairman, Indonesian Iron & Steel I
Kimin is the Founder and CEO of Gunung Capital (GC). Based in Singapore, GC is a privatelyheld asset management company with investments in infrastructure, building materials,energy, supply chain logistics, trading, land development and consumer-related businesses. Kimin is a serial entrepreneur and business leader who has founded multiple businesses.Kimin has leveraged his global and regional business connections, visionary business acumenand deep operational expertise to establish partnerships with world-class companies in thesteel and cement industry, top-tier financial institutions and capital markets, to seize onopportunities in Asia and the world. Kimin is committed to putting his business acumen and entrepreneurship skills to invest intransformative projects that contribute to the United Nations Sustainable Development Goals.This includes investing in projects that support the decarbonization of different industries,sustainability-linked projects, and carbon credit markets. Kimin serves as on the Board of Commissioners for PT Gunung Raja Paksi Tbk whichsuccessfully listed on the Jakarta Stock Exchange in 2019. Under Kimin’s leadership, he hasinitiated a transformation of the company by bringing in a world-class management andoperations team. In recognition of his contributions to the local steel industry, Kimin wasappointed as the Vice Chairman of the Indonesian Iron and Steel Association. Kimin completed his Bachelor of Industrial Management from Cornell University. He is fluentin English, Mandarin Chinese, Hokkien and Bahasa Indonesia.
Heizel Timothius
Account Manager
Bloomberg LP
Kelvin Fu
Managing Partner
Gunung Capital