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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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- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Baramulti Group, Indonesia
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Cement Manufacturers Association - India
- Minerals Council of Australia
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
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