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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
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Tuesday, 25 May 21
KOREA SOUTHERN POWER INVITED BIDS FOR 870,000 MT OF MIN 5300 NCV COAL FOR 2021 TO 2023.
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for total 870,000 MT of Min 5,300 kcal/kg NCV coal for Augu ...
Tuesday, 25 May 21
CHINA’S COAL OUTPUT RISES IN FIRST FOUR MONTHS - XINHUA
China’s raw coal output rose 11.1 percent year on year to 1.29 billion tonnes in the first four months of 2021, official data showed.
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Tuesday, 25 May 21
MARINE SHIPPERS BULK UP: ANOTHER GAME OF CHICKEN IN THE WORKS? - THE KOREA TIMES
Global shipping companies have been placing orders for large ships, with many anticipating further increased competition within the next three year ...
Friday, 21 May 21
MARKET INSIGHT - INTERMODAL
The dry bulk market’s counter seasonal surge so far into the first half of the year -in a sort of 2010 manner - and Capesize’s recent r ...
Wednesday, 12 May 21
U.S. COAL PRODUCTION TO INCREASE BY 43 MMST IN 2021 TOTAL 582 MILLION SHORT TONS - EIA
U.S. energy Information Administration expects U.S. coal production to total 582 million short tons (MMst) in 2021, 43 MMst (8%) more than in 2020. ...
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- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- PTC India Limited - India
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Planning Commission, India
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
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