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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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Wednesday, 26 August 20
ASIAN COAL PRICES LIKELY TO REMAIN DEPRESSED SAY TRADERS, ANALYSTS - REUTERS
Asian coal prices, which have fallen around 25% this year as power demand slumped due to the coronavirus outbreak, are unlikely to move higher befo ...
Wednesday, 26 August 20
WORLD COAL EXPORTS: INDONESIAN THERMAL COAL EXPORTS HAVE COME UNDER PRESSURE AS THERMAL COAL PRICES WEAKEN - REPORT
Indonesia’s exports to decline sharply from record highs
Indonesia is the world’s largest thermal coal exporter, sellin ...
Wednesday, 26 August 20
JAPAN'S COAL IMPORTS ARE BEING AFFECTED BY COMPETING INFLUENCES - REPORT
Japan is the world’s third largest thermal coal importer, importing an estimated 135 million tonnes of thermal coal in 2019. The country&rsqu ...
Wednesday, 26 August 20
PENDING SOUTH KOREA LEGISLATION COULD FORCE HALT TO COUNTRY’S COAL PLANT EXPORT DEALS - KOREA ECONOMIC DAILY
South Korea’s parliament looks set to pass new legislation to ban financing on foreign coal power projects, putting all overseas coal-fired p ...
Tuesday, 25 August 20
INDIA'S IMPORTS FALL AS LOCKDOWNS IMPACT THE POWER AND INDUSTRIAL SECTORS - REPORT
India is the world’s second largest thermal coal consumer and importer, importing an estimated 211 million tonnes of thermal coal in 2019.&nb ...
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- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- Australian Coal Association
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Planning Commission, India
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
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