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Thursday, 19 November 09
FAST-TRACK FOCUS ON COAL POWER MAY COST INDONESIA BILLIONS
The Jakartaglobe reported that, As it begins to tap its massive coal reserves to generate cheap electricity, Indonesia may face additional costs of up to 2.4 billion euros ($3.58 billion) annually for carbon capture and storage at 37 coal-fired power plants planned in the first phase of the “fast-track” power program, a senior adviser on climate change said.
Those plants are expected to produce 60 million tons of carbon emissions annually, while the longer-term cost of carbon capture and storage is estimated at 40 euros per ton, David Hone, Royal Dutch Shell’s senior adviser on climate change, said late on Monday on the sidelines of Singapore Energy Week.
This would result in an average annual cost of $3.58 billion. State power utility PT Perusahaan Listrik Negara has said it will save $2.8 billion next year as a result of its shift from oil-based electricity production to coal.
Carbon capture and storage involves trapping carbon dioxide emitted from coal-fired plants and industrial sites, compressing it and transporting it to a permanent storage facility, often deep below ground. The government is considering implementing the technology in the future.
Hone said the technology involved in CSS was not challenging, but the substantial costs required political will and commitment ahead of any major power program because an individual power plant’s technology and geological conditions are the main factors in determining costs.
“The most important thing is to have a vision first,” Hone said. “The plant that you build today will affect the costs in the future, so it is important to think about what the end-game is.”
Daniel Yergin, chairman of IHS Cambridge Energy Research Associates and a Pulitzer-prize winning author of a history of the oil industry, said Indonesia should focus on developing natural gas-fired power plants to reduce emissions, given the country’s massive reserves of natural gas.
“Gas is the future of the energy,” he said.
According to upstream oil and gas regulator BPMigas, Indonesia has 182 trillion cubic feet of commercially recoverable gas reserves, including 94 mmcf of proven reserves.
While PLN has converted some of its existing gasoline-fired plants to natural gas, the focus of the first phase of the fast-track program is on coal-fired plants.
PLN vice president Rudi Antara said on Tuesday that PLN planned to use CSS at its coal-fired plants, but hadn’t yet estimated the cost.
“Because it is already a global issue and we are concerned about our carbon emissions, it is PLN’s strategy to use environmentally friendly technologies,” he said.
Each coal-fired plant would be addressed on a case-by-case basis, he added.
Rudi noted that about 60 percent of PLN’s plants planned for the second phase of the fast-track program would run on renewable energy.
The reliance on coal will be reduced during the second phase, intended to add 10,000 megawatts of capacity. About 6,000 MW will come from geothermal and hydroelectric plants, while gas-powered plants will generate 2,600 MW and coal-fired plants about 1,200 MW.
A focus on renewable energy in the second phase may save the country billions of dollars. So far the country has signed nine carbon-credit agreements for plants planned for the second phase. Carbon trading is a mechanism to limit emissions by allowing companies or countries to buy or sell carbon credits if they exceed or fall short of emissions limits.
Indonesia could trade credits for more than 60 percent of the 99 power plants planned during the second phase, making it eligible for up to $280 million in carbon credits.
Source: The Jakarta Globe
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Tuesday, 22 December 09
CHINA CONTRACTED COAL PRICE FOR 2010 SEES SLIGHT INCREASE
A number of coal and power enterprises have concluded their annual power-coal supply contracts for 2010, and the contracted coal price saw slight in ...
Tuesday, 22 December 09
NEWCASTLE COAL SHIP QUEUE LONGEST IN TWO YEARS AS EXPORTS SLOW
Bloomberg reported that, the queue of coal ships waiting at Australia’s Newcastle port, the world’s biggest export harbor for the fuel, ...
Monday, 21 December 09
INDONESIA HAS EXPORTED AROUND 195.303 MILLION TONS OF COAL TILL END OF NOVEMBER 2009
COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in November 2009, by taking 28.69% of total exported quan ...
Monday, 21 December 09
RUSSIAN COAL MINER SUEK EYES '10 LONDON IPO
* Company valued at around $8-$9 bln - banking source
* IPO could take place in H1 - source
* May list 25 pct of share capital - report
Reuters ...
Monday, 21 December 09
IGCC OUTLOOK CHINA 2010 TO BE HELD IN APRIL 2010 IN SHANGHAI
COALspot.com (China): Press Release - Aiming at unveiling the growth area of IGCC polygeneration, IGCC Outlook China 2010 is planned to be hel ...
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- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
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- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
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- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- The University of Queensland
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Australian Coal Association
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
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