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Wednesday, 02 June 10
PLN TO DEVOUR 133 PERCENT MORE COAL IN NEXT FIVE YEARS
 The Jakarta globe reported that, State electricity company PT Perusahaan Listrik Negara will more than double the amount of coal it uses over the next five years, despite a push for cleaner fuel in Indonesia and across the globe.
PLN’s director of primary energy, Nur Pamudji, said on Monday that the utility expected coal consumption to rise 133 percent during that period, from 40.8 million metric tons this year to 95 million tons by 2014, as it scrambled to add generating capacity to meet surging demand.
Nur said PLN was aware of the need to reduce carbon emissions to slow global warming, but cited coal’s cheaper cost compared with oil and natural gas, as well as its abundance in Indonesia.
The cost of generating a kilowatt-hour of electricity through coal is 5 to 6 cents, while it is at least 8 cents for natural gas and $1 for diesel.
National coal production was expected to reach 270 million tons this year, up 6 percent from 2009, Bambang Setiawan, director general of coal and mineral resources at the Energy Ministry, told the Coaltrans conference in Bali on Monday, Reuters reported.
Last year about 70 percent of production was exported.
Last year PLN spent Rp 18 trillion ($1.96 billion on coal, and it expects to spend Rp 30 trillion this year.
The rise in coal consumption marks a strategic push to reduce generating costs as PLN, which has been mired in red ink for years, struggles to build generating capacity.
Indonesian Greenpeace representative Nur Hidayati criticized PLN’s plan as being out of step with even the government’s own emission-reduction targets.
“In fact, this would generate higher carbon emissions. This is not in line with the president’s commitment last year to reduce emissions by 26 percent to 41 percent,” Nur said.
“Also this would collide with the recent forest moratorium in Oslo. The forests are in danger of being converted to coal mines.”
The first phase of the “fast-track” generating program will see an extra 10,000 megawatts of capacity added by 2013, mostly through coal-fired plants. The second phase, which will shift away from coal, is intended to add a further 10,000 MW of capacity by 2013 or 2014.
PLN president director Dahlan Iskan said the utility’s consumption of coal would continue to rise for at least the next decade.
“We will try to boost the usage of renewable energy, but coal will remain the dominant fuel for our plants until at least 2020.”
Source: The Jakarta Globe ( By:Reva Sasistiya)
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Monday, 28 June 10
REVISIONS SHOULD AIM MINERAL AND COAL LAW
VIVAnews reported that, the Consortium of Mineral, Coal and Geothermal-Producing Regional Governments (Minerbapabum) is asking the government to per ...
Monday, 28 June 10
MEC TO INK COAL-EQUITY SWAP DEALS WITH POWER PROJECTS
Business Line reported that, First it was power producers moving to pick up stakes in coal mining projects to ensure the raw material supplies.
N ...
Monday, 28 June 10
COLOMBIA WILL LIKELY EXPORT 80 MILLION TONNES OF COAL IN 2010
Best Colombia reported that, Mr Hernan Martinez energy and mines minister of Colombia told reporters that Colombia will likely export 80 million ton ...
Monday, 28 June 10
WESFARMERS' SEPT QTR COAL PRICE UP 11% - SMH
SMH reported that, Wesfarmers Ltd says it expects a 11 per cent increase in prices for metallurgical coal from its Curragh mine in Queensland in the ...
Saturday, 26 June 10
THE SUPRAMAX INDEX FOR S6 ROUTE WAS UP BY US$ 1091 PER DAY OR 5.7 PERCENT D-O-D -- VISTAAR
COALspot.com: The market appears to be steadying with all indices almost stabilizing and the drop much less than last two weeks.
The BDI softened ...
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- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Economic Council, Georgia
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- Planning Commission, India
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- Global Business Power Corporation, Philippines
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- Ministry of Finance - Indonesia
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- The State Trading Corporation of India Ltd
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- Georgia Ports Authority, United States
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- Minerals Council of Australia
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- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
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- PowerSource Philippines DevCo
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- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
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- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
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- Thai Mozambique Logistica
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- PTC India Limited - India
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
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- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
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- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
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- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
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- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
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- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
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- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
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- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
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- Parliament of New Zealand
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- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
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- Gujarat Electricity Regulatory Commission - India
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- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
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- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
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- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
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- VISA Power Limited - India
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