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