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Monday, 02 November 20
PHILIPPINES GOVERNMENT SAYS NO TO NEW COAL PLANT PROPOSALS - IEEFA | 24 PILIPINAS
The Duterte administration will no longer accept proposals to construct new coal power plants, a dramatic shift in energy policy that counts on declining costs of renewables to attract clean power investments.
The moratorium was announced in tandem with the relaxation on foreign ownership limits in geothermal energy, doubling down on the slow transition to clean power seen as a long-term fix to the Philippines’ supply problems and now even sky-high power costs.
When President Rodrigo Duterte took office in 2016, his government abandoned a policy of his predecessor that prioritized renewables in favor of one that disregarded the energy source so long as it improves the country’s baseload capacity to meet the demand of a growing economy.
As a result, by 2017, the latest period on which data is available, coal projects proliferated, eating up a larger pie of the country’s energy mix at 26.7%. This happened while the share of renewables declined to just 39% in the same year from as much as 46.1% in 2006.
At the time, coal and other fossil fuels were still deemed cheaper than renewables even though 15.8% of the former were being imported and therefore translated to import costs passed on to consumers. But times have changed and Sara Ahmed, energy finance analyst at Institute for Energy Economics and Financial Analysis, a think tank, said the government’s energy shift is very timely.
“The costs trajectory and the current costs of renewable energy, per kilowatt energy when generated domestically is getting cheaper than imported coal and imported gas,” Ahmed said in a phone interview. “The constraints we previously thought we have, we don’t actually have,” she added.
Source: IEEFA | 24 Pilipinas
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Monday, 21 December 20
COAL'S PARTIAL RECOVERY IS SET TO FADE AFTER 2021 - IEA
Global coal consumption is estimated to have fallen by 7%, or over 500 million tonnes, between 2018 in 2020. A decline of this size over a two-year ...
Monday, 21 December 20
A REBOUND IN GLOBAL COAL DEMAND IN 2021 IS SET TO BE SHORT-LIVED, BUT NO IMMEDIATE DECLINE IN SIGHT - IEA
After a major drop in recent years, global coal demand is forecast to rise by 2.6% in 2021 before flattening out to 2025
A global ec ...
Friday, 18 December 20
AUSTRALIA PM WARNS OF ‘LOSE-LOSE’ IN ANY CHINA COAL SHIFT - REUTERS
Australian Prime Minister Scott Morrison said any shift by China away from importing high quality Australian coal would be a “lose-lose&rdquo ...
Friday, 18 December 20
BIG OIL AND COAL EXPORTERS FACE RECKONING AS PARIS AGREEMENT TURNS FIVE - CNA
On Dec 12, more than 70 global leaders came together at the UN’s Climate Ambition Summit, marking the fifth anniversary of the Paris Agreemen ...
Friday, 18 December 20
SOUTH AFRICAN COAL EXPORTERS LARGELY DEPENDENT ON THE ASIAN MARKETS - BANCHERO COSTA
South Africa is the fourth largest exporter of coal in the world, after Australia, Indonesia and Russia. In calendar 2019 the country exported a to ...
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- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- The University of Queensland
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- ASAPP Information Group - India
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- White Energy Company Limited
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Australian Coal Association
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
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