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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, 20 August 09
INDONESIA'S DELTA DUNIA BUYS COAL FIRM FOR $550 MLN
* Delta Dunia to acquire BUMA for $550 million
* Expect to complete the deal in the fourth quarter of 2009
* Delta Dunia has appointed Barclays Ca ...
Thursday, 20 August 09
MUNDRA PORT BAGS MORMUGAO PORT COAL TERMINAL DEVELOPMENT CONCESSIONS
NDTV reported that, Mundra Port and Special Economic Zone (Mundra Port) the largest private port in India has won the bid for the development of coa ...
Thursday, 20 August 09
INDONESIA'S BUKIT ASAM SET FOR MINE ACQUISITIONS
* Allocates $150 million for coal mine acquisitions
* Expects one deal to be completed by the end of 2009
Reuters world's largest international ...
Thursday, 20 August 09
INDONESIAN COAL EXPORT LESSENS IN FIRST SEMESTER
Domestic coal use has grown by five million tons.
Viva News reported that, Domestic coal export up until the first half of 2009 decreased by four ...
Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009 the steam coal prices sank massive in comparison to the previous years quart ...
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- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- PTC India Limited - India
- The Treasury - Australian Government
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- The University of Queensland
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
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