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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, 04 September 20
KOMIPO INVITED BIDS FOR AUSTRALIAN MIN 5,700 NCV COAL FOR NOVEMBER
COALspot.com: Korea Midland Power Co. Ltd, has issued an International tender for 260,000 MT Min.5,700 kcal/kg NCV coal November, 2020 loading. Acc ...
Thursday, 03 September 20
BRINGING SERVICES OF FTCCI CLOSER TO THE EXPORTERS AT GMR AIR CARGO COMPLEX AT SHAMSHABAD
Press Release: “FTCCI Trade Facilitation Services at your doorstep now” says J.S. Chandrashekar, IRS., Principal Commissioner of Custom ...
Thursday, 03 September 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINS FLAT - XINHUA
China’s benchmark power coal price remained flat during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Wednesday, 02 September 20
COAL PRODUCTION FALLS 7% IN APR-AUG; OFF TAKE DIPS 13.4% - FINANCIAL EXPRESS
In the month of August coal off take also increased 9.3% y-o-y to 44.34 MT as compared with 40.57 MT in the same period last year.
C ...
Wednesday, 02 September 20
MARKET INSIGHT - INTERMODAL
The imminent global shift towards eco-friendliness has caused divide among the shipping community because there is no outlined, clear-cut way via w ...
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- MS Steel International - UAE
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
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