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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, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...
Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
&nb ...
Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE
Summary
In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...
Thursday, 01 February 24
INDIA REBUILDS COAL STOCKS TO ENSURE ELECTRIC RELIABILITY - REUTERS
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal production has ramped up and the ...
Wednesday, 31 January 24
CHINA'S INNER MONGOLIA COAL OUTPUT HIT 1.21B TONS IN 2023 - XINHUA
North China’s Inner Mongolia autonomous region churned out 1.21 billion tons of coal in 2023 as it strives to guarantee the country’s e ...
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- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- PTC India Limited - India
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
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