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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, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...
Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...
Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...
Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE
The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...
Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
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Showing 26 to 30 news of total 6871 |
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- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- PTC India Limited - India
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
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