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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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Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...
Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...
Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...
Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...
Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...
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Showing 21 to 25 news of total 6871 |
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- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- PTC India Limited - India
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Australian Coal Association
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- The University of Queensland
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
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