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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 September 09
AUSTRALIA SEES HIGHER ASIAN THERMAL COAL IMPORTS
* Asia '09 imports to rise 3.5%, vs pvs f'cast of 3.3% fall
* Asia 2010 thermal coal imports expected to rise 6.3 pct
* China to become net im ...
Tuesday, 22 September 09
PANAMA CANAL EXPANSION MAY AID COLOMBIA COAL TO ASIA
* Colombia producers hope for growth in Asia shipments
* Panama Canal will allow smaller coal Capesize vessels
* Australia, Indonesia to remain bi ...
Monday, 21 September 09
ACCC SET TO APPROVE NEWCASTLE COAL SHIPPING AGREEMENT
ABC reported that, The competition regulator says it is likely to approve a new agreement over coal loading arrangements at Newcastle.
Australian ...
Friday, 18 September 09
PEABODY ENERGY ESTABLISHES ASIAN COAL TRADING HUB IN SINGAPORE
Peabody Energy announced it has opened an office in Singapore that will serve as the new hub for Peabody COALTRADE International activities in South ...
Friday, 18 September 09
AUSTRALIA NEWCASTLE COAL PORT: SEEKS INTERIM QUOTA SYSTEM
Reuters reported that, Australia's Newcastle coal terminal wants to re-introduce an interim export quota system after a group of miners led by BHP ...
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- McConnell Dowell - Australia
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- Eastern Energy - Thailand
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- Parliament of New Zealand
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- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
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- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
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- Energy Development Corp, Philippines
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- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
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- Tata Chemicals Ltd - India
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- Videocon Industries ltd - India
- Ministry of Transport, Egypt
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Siam City Cement - Thailand
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- The State Trading Corporation of India Ltd
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- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
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- Global Business Power Corporation, Philippines
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- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
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- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
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- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
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