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Monday, 02 November 20
PHILIPPINES GOVERNMENT SAYS NO TO NEW COAL PLANT PROPOSALS - IEEFA | 24 PILIPINAS
The Duterte administration will no longer accept proposals to construct new coal power plants, a dramatic shift in energy policy that counts on declining costs of renewables to attract clean power investments.
The moratorium was announced in tandem with the relaxation on foreign ownership limits in geothermal energy, doubling down on the slow transition to clean power seen as a long-term fix to the Philippines’ supply problems and now even sky-high power costs.
When President Rodrigo Duterte took office in 2016, his government abandoned a policy of his predecessor that prioritized renewables in favor of one that disregarded the energy source so long as it improves the country’s baseload capacity to meet the demand of a growing economy.
As a result, by 2017, the latest period on which data is available, coal projects proliferated, eating up a larger pie of the country’s energy mix at 26.7%. This happened while the share of renewables declined to just 39% in the same year from as much as 46.1% in 2006.
At the time, coal and other fossil fuels were still deemed cheaper than renewables even though 15.8% of the former were being imported and therefore translated to import costs passed on to consumers. But times have changed and Sara Ahmed, energy finance analyst at Institute for Energy Economics and Financial Analysis, a think tank, said the government’s energy shift is very timely.
“The costs trajectory and the current costs of renewable energy, per kilowatt energy when generated domestically is getting cheaper than imported coal and imported gas,” Ahmed said in a phone interview. “The constraints we previously thought we have, we don’t actually have,” she added.
Source: IEEFA | 24 Pilipinas
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Wednesday, 25 November 20
MARKET INSIGHT - INTERMODAL
Over 90% of the world’s goods are transported by sea. LPG is a clean, energy efficient and portable fuel that is being marketed at an afforda ...
Friday, 20 November 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Thursday, 19 November 20
MARKET INSIGHT - INTERMODAL
As we are moving towards the end of the year, the overall deal landscape of the dry bulk sector corresponding to the second half of 2020 (up to dat ...
Tuesday, 17 November 20
COAL SQUEEZE INTENSIFIES - BALTIC EXCHANGE
The message from the top is clear: cut out coal. While the regulatory pressure has been evident for some time, the race to banish the black stuff s ...
Tuesday, 17 November 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.35 PCT - XINHUA
China Taiyuan coal transaction price index stood at 128.72 points Monday, up 0.35 percent week on week.
The index, released by China ...
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- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- VISA Power Limited - India
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Planning Commission, India
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
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