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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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Thursday, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power to ...
Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports a ...
Thursday, 29 October 09
CURRENCIES, ASIA DEMAND TO LIFT EUROPE COAL PRICE
Supportive currency movements and strong Asian demand mean the price of coal delivered into Europe is poised to rise more than 30 percent to above $ ...
Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a ...
Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.
ME ...
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- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- The University of Queensland
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
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