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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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Friday, 18 September 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Thursday, 17 September 20
LAST HOPES FOR DEMAND GROWTH SET TO DISAPPOINT THERMAL COAL EXPORTERS - IEEFA
Asian thermal coal exporters are fighting an uphill battle even in new markets
The world’s largest thermal coal exporter is eyeing new m ...
Wednesday, 16 September 20
MARKET INSIGHT - INTERMODAL
Another active week in terms of SnP has concluded in the dry bulk market with a diversified array of transactions recorded. Despite the correction ...
Friday, 11 September 20
IMO 2020: A REVIEW OF THE TRANSITION TO VLSFOS - GARD
KNOWLEDGE TO ELEVATE
Many predictions were made in the run up to the imposition of the MARPOL 2020 sulphur cap, none of which was that the tra ...
Thursday, 10 September 20
U.S. COAL PRODUCTION IN 2020 TO BE 511 MMST, 28 PER CENT LOWER THAN IN 2019 - EIA
EIA expects total U.S. coal production in 2020 to be 511 million short tons (MMst), 194 MMst (28%) lower than in 2019. Mitigation efforts related t ...
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- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Planning Commission, India
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
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