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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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- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- Australian Coal Association
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- The University of Queensland
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- White Energy Company Limited
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
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