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Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Raphael Lotilla said.
Lotilla made this comment during the Power Summit 2024, organized by the Philippine Chamber of Commerce and Industry.
‘’We do not set aside our responsibility to ensure adequate base load capacities in conjunction with our push to increase (renewable energy) share in the power mix,” he said.
The Philippines has over 6,300 megawatts (MW) of dependable coal capacity aged 10 years or younger, which can operate for at least another 30 years, Department of Energy (DOE) data showed.
More than 4,700 MW of dependable coal capacities are between 11 and 30 years old, while 592 MW are 36 years and older.
“We are prepared for the various scenarios of the energy transition, and the relatively young age of these coal plants helps ensure that we will have enough base load capacity through 2030,” Lotilla said.
He emphasized that maximizing the utilization of these existing energy facilities would avoid placing an added cost burden on both the economy and consumers.
According to the energy chief, the country’s economy is over dependent on imported coal, noting that 83 percent of the country’ coal supply was imported last year.
This, he said, has exposed the vulnerability of the Philippines and “started a mad scramble for alternative sources.”
“Our indigenous coal, which has a lower calorific content, cannot meet the requirements of our coal-fired power plants,” he said.
Lotilla also underscored the need to diversify electricity sources, particularly indigenous ones, to ensure the country’s energy security and sustainability.
“While there is an existing moratorium on building coal-fired power plants, there are also exemptions for committed, indicative and expansion plans,” he said.
He said that it was not the moratorium that discouraged the development of coal plants but the market itself.
“The scarcity of financing, higher insurance costs and the risks of carbon taxes and carbon pricing have deterred new coal projects,” Lotilla added.
The DOE has implemented a coal moratorium since October 2020, barring the processing of applications for greenfield coal-fired power generation facility projects requesting endorsements.
Source: Philstar Global
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Friday, 24 November 23
COAL IMPORTS TO INDIA IN OCTOBER 2023 REACHED HIGHEST LEVELS IN NEARLY A YEAR AND A HALF - VESSELSVALUE, VESON NAUTICAL
In October, coal imports to India reached 13.8 mt in October 2023, according to Oceanbolt, a Veson Nautical solution, the highest level since May 2 ...
Friday, 24 November 23
COAL SHIPMENTS TO ADVANCED ECONOMIES DOWN 17% SO FAR IN 2023 - BIMCO
In the first ten months of 2023, coal shipments to advanced economies fell by 17% y/y, as demand for electricity declined and the share of electric ...
Friday, 24 November 23
INTELLIGENT COAL MINES CONTRIBUTE TO IMPROVING SAFETY STANDARDS - CHINA DAILY
Mechanization, automation and intelligent upgrades have contributed to improved safety in coal mines, though the level of development of intelligen ...
Friday, 24 November 23
WHY AUSTRALIA'S COAL MINES ARE GETTING BIGGER - IEEFA
Australia’s largest coal mines are getting larger. Mines in New South Wales (NSW) are ramping up production following the state’s recov ...
Wednesday, 22 November 23
INDIA: GOVERNMENT PLANS 1.4 BILLION TONNE COAL OUTPUT BY 2027 - LIVEMINT
The Union coal ministry on Monday announced plans to increase India’s coal production to 1.404 billion tonne by 2027, with an eye to further ...
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- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- PTC India Limited - India
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- CNBM International Corporation - China
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Bhatia International Limited - India
- Xindia Steels Limited - India
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