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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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Monday, 12 February 24
US THERMAL COAL EXPORTS HIT 5-YEAR HIGHS AND TOP $5 BLN IN 2023 - REUTERS
United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-poll ...
Tuesday, 06 February 24
NEW E-FUELS PROJECT TO MAKE INTERNATIONAL SHIPPING CLIMATE-NEUTRAL - RINA
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17 million European GAMMA project, where compani ...
Tuesday, 06 February 24
INDIA SEES ANNUAL COAL OUTPUT UP 10.9% IN 2024/25 - REUTERS
India expects domestic coal output to increase by 10.9% to 1.13 billion metric tons in the fiscal year ending March 2025, a senior government offic ...
Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.
...
Friday, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...
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- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- MS Steel International - UAE
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- Minerals Council of Australia
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
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