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