We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 09 July 21
CAN WE EXPECT AFFORDABLE POWER SUPPLY BY REPLACING COAL BASED POWER WITH LNG? - FINANCIAL EXPRESS
Bangladesh government’s recent decision to cancel the contracts for 10 coal fired power plants in late June 2021 has invited interest in the country and abroad. On June 27, 2021, State Minister for Power, Energy and Mineral Resources Mr. Nasrul Hamid, MP confirmed that the government decided to cancel permissions for construction of the Patuakhali 1,320 MW, 1,200 MW North Bengal Super Thermal Power Plant, Magura 520 MW Coal Power Plant, Dhaka 282 MW Coal Power Plant, Chattogram 282 MW coal power plant, Khulna 565 MW coal power plant, 2 x1,320 MW coal power plant at Maheshkhali, Bangladesh Singapore 700 MW coal power plant, CPGCBL-Sumitomo 1,200 MW coal power plant. It may be mentioned that the ongoing major coal power plants under operation and the power plants under construction (including Matarbari 1,200 x 2=2,400 MW, Rampal 1,320 MW and Payra 1320 x2=2,620 MW and 1,320 MW, Bashkhali (Chattogram) 1,224 MW power plants and Barishal 307 MW) have been progressing their works. The present government approved earlier 18 coal fired power plants to be built in the country. The cancelled ten power plants are part of the said 18 coal power plants.
The Power Division officials indicate that the cancelled 10 coal power plants could not make any physical progress for their implementation despite the fact that their contracts were signed several year ago. Moreover, proponents of these cancelled power plant projects could not secure investments in the pipelines to advance their projects. Therefore, the government considered the projects unreal and unnecessary to keep them in the lists of upcoming power plants. The State Minister for Power, Energy and Mineral Resources of Bangladesh further stated that the government would consider converting part of the cancelled power plant projects to run with imported LNG fuel. However, Power Division officials indicate that the necessity for converting some of the cancelled power plants into LNG fuel power plants can be considered only after careful assessment of additional power generation capacity requirements in the country. Bangladesh already has grid connected power generation capacity of 22,023 MW. The projected maximum demand for power in 2025 (as per BPDB) would be 19,900 MW. BPDB expects that in 2025 there will be an installed net power generation capacity of 35,635 MW. And the cancellation of 10 coal power plant has no role in the projected generation capacity in 2025.
Coal remains as comparatively cheaper fuel for electricity generation worldwide. Bangladesh has opted not to extract its own coal available in the northern districts but decided to use imported coal for power generation. The coal power plants have been facing difficulties to import coal for power generation at a ‘cheaper’ price due to logistic constraints. The impediment is linked with the absence of deep sea port and large coal import vessel movement restrictions due to shallow depth of the existing port channels. As a result, small ships are to be used for coal import in the country (involving multiple transshipments and high handling costs), imported coal becomes costly. If the coal power plant location is away from the ports, coal import cost for the plant becomes costlier.
Also, the environmental restrictions compel coal fired power plant to use advanced and costlier technology to capture coal dust and Sulphur emission from the plant. Thus, the import based coal fired power plants in Bangladesh are not very cheap compared to many other countries. However, experience of Payra coal fired power plant (2×660 MW) still encourages the local power producers to maintain a healthy share of coal power plant for ensuring cheaper power generation and for fuel diversity.
The ongoing revision of integrated Energy and Power System Master Plan for the country may take two more years to complete. The analysis of primary fuel availability and cost for power generation and realistic projection for power sector growth requirements will influence the decision if increase of LNG share for power generation is justified.
There are infrastructural capacity constraints for LNG import as well. At present, the existing 2 Floating Storage and Regasification Units (FSRU) at Maheshkhali with installed capacity of 1,000 mmcfd (million cubic feet ) equivalent natural gas can no longer support additional import pressures for more LNG. The government has been progressing the installation of 2 more land based LNG Regasification plants (one at Payra, Patuakhali and the other at Maheshkhali, Cox’s Bazar) with 1,000 mmcfd capacity each. Installation of the land based LNG regasification plants is not cheap and their installation will take minimum 3-4 years. In addition, existing gas transmission pipelines have their capacity limitations. Therefore, more LNG regasification plants will invite additional gas transmission pipelines to be build.
The domestic gas production has been declining steadily as no new gas field is added to the gas supply system. These is a long list of industries and development projects requiring natural gas supply. However, the growing gas demands and declining productions of domestic gas fields will push for more gas and electricity supply. Already a number of gas-based power plants remain idle in the country due to gas supply shortages. So, the demand side pressure for natural gas supply as primary fuel for industries and for power generation need to be assessed carefully considering the huge cost of LNG import and its impacts on power generation costs. Significant cost escalation for power generation may invite conflicts with consumers’ affordability and business competiveness of the country.
The potential growth of renewable energy-based power plants and their limitations, potential capacity enhancement for nuclear power and its cost have to be assessed prior to enhancing LNG import. A balanced energy mix is healthy and may allow better energy security. On the other hand, the trend for continuous (for last 11 years per unit power price has increased on average about 90 per cent) energy and power cost escalation challenges the consumers’ demand for affordable energy supply. Therefore, share of coal power plant and LNG based power generation capacity have to be defined carefully keeping in mind the government’s commitment for affordable and sustainable energy and power supply to the consumers.
Source: Financial Express
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 01 July 21
END TO COAL POWER BROUGHT FORWARD TO OCTOBER 2024
Press Release: The deadline to phase out coal from Great Britain's energy system has been brought forward by a whole year, highlighting the UK& ...
Thursday, 01 July 21
WHY BUILD 600 NEW UNPROFITABLE COAL PLANTS? - DEUTSCHE WELLE
Governments in Asia are planning 600 new coal plants that could lose investors $150 billion and derail efforts to limit temperature rise in line wi ...
Thursday, 01 July 21
FIVE ASIAN COUNTRIES ACCOUNT FOR 80% OF NEW COAL POWER INVESTMENT - THE GUARDIAN
Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new coal plants, according to a rep ...
Wednesday, 30 June 21
DELTA DUNIA MAKMUR RECORDED AN IMPROVED REVENUE IN Q1 2021; REVENUE INCREASED BY 49% QOQ TO US$160 MILLION ON THE BACK OF COAL PRICE RECOVERY
PT Delta Dunia Makmur Tbk. (“DOID”) released its consolidated financial and operating results that include its primary and wholly-owned ...
Wednesday, 30 June 21
BUMA SIGNED MINING AGREEMENT WITH ADARO
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into an agreement for the p ...
|
|
|
Showing 536 to 540 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- PTC India Limited - India
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
|
| |
| |
|
