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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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Tuesday, 04 August 20
KOEN INVITED BIDS FOR TOTAL 900K MT OF MIN 5600 NCV COAL FOR 3 YEARS
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 260,000 to 300,000 Tons (MT) min. ...
Tuesday, 04 August 20
THE WORLD’S FLEET OF COAL-FIRED POWER STATIONS HAS GOT SMALLER FOR THE FIRST TIME ON RECORD, WITH MORE CAPACITY RETIRED IN THE FIRST HALF OF 2020 THAN THE AMOUNT OPENED - IEA
This is according to the latest Global Coal Plant Tracker (GCPT) results by Global Energy Monitor (GEM), which we completed last month and report f ...
Monday, 03 August 20
U.S. COAL CONSUMPTION, WHICH HAS DECLINED SINCE ITS 2007 PEAK, FELL TO ITS LOWEST POINT IN APRIL 2020 - EIA
According to the U.S. Energy Information Administration’s (EIA) most recent Monthly Energy Review, the United States consumed 6.5 quadrillion ...
Monday, 03 August 20
LOW OIL PRICE AND CORONA VIRUS HIT SUB-SAHARAN AFRICA OIL PRODUCERS - FITCH RATINGS
The collapse in oil prices and the coronavirus shock is worsening the fiscal and external balances of sub-Saharan African oil producers, Fitch Rati ...
Saturday, 01 August 20
SHIP SHAPE - OUCH: FIS
Thursday afternoon saw a report that US GDP in Q2 shrank by 32.9%. Now this may have beaten expectations, but it’s a bit like saying that you ...
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- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- VISA Power Limited - India
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Petron Corporation, Philippines
- Economic Council, Georgia
- ICICI Bank Limited - India
- The University of Queensland
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Australian Coal Association
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
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