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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, 17 May 10
S. AFRICA CUTS EUROPE COAL SUPPLY, ASIA SALES RISE, TRADER SAYS - BLOOMBERG
Bloomberg reported that, South Africa’s Richards Bay Coal Terminal, Europe’s biggest source of the fuel burned for power, cut shipments ...
Monday, 17 May 10
GREEK CRISIS TO SEE FREIGHT RATES FALL BANGKOK POST
The Greek debt crisis will likely cause shipping rates to fall this quarter enabling SET-listed Precious Shipping Plc to buy second-hand vessels at ...
Monday, 17 May 10
NEWCASTLE COAL QUEUES COULD BE HISTORY - THE HERALD
NEWCASTLE'S infamous coal queues could be a thing of the past if a plan to have the ships anchor over the horizon succeeds against the doubts of it ...
Sunday, 16 May 10
THREE FIRMS SHORTLISTED FOR CIL'S $ 2BN OVERSEAS PROJECTS - ECONOMIC TIMES
Economic Times reported that, State-owned Coal India Ltd (CIL) has shortlisted US firms Massey Energy and Peabody Energy, besides Indonesian Novem/S ...
Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION
Insider stories reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimanta ...
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- Indonesian Coal Mining Association
- Parliament of New Zealand
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- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
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- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
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- Directorate General of MIneral and Coal - Indonesia
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- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
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- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
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- Economic Council, Georgia
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- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Coal and Oil Company - UAE
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- Trasteel International SA, Italy
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
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- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
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- CNBM International Corporation - China
- Renaissance Capital - South Africa
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- Georgia Ports Authority, United States
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- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
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- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
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- The University of Queensland
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- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
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- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Planning Commission, India
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
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- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
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- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Pipit Mutiara Jaya. PT, Indonesia
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- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
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- Thiess Contractors Indonesia
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- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
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- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
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- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
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- GAC Shipping (India) Pvt Ltd
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