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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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Sunday, 01 November 20
GRADUAL RECOVERY FOR INDONESIAN COAL FROM 4Q20; RISKS REMAIN - FITCH RATINGS
Fitch Ratings expects the credit metrics of Indonesian coal miners and coal contractors to improve from 4Q20 with the recovery in volumes and price ...
Wednesday, 28 October 20
BIODIESEL - NEW FUELS, NEW CHALLENGES - GARD | DNV GL
KNOWLEDGE TO ELEVATE
One of numerous possible ways to comply with the IMO’s strategy on the reduction of greenhouse gas (GHG) emissions ...
Wednesday, 28 October 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.35 PCT - XINHUA
China Taiyuan coal transaction price index stood at 127.94 points Monday, up 0.35 percent week on week.
The index, released by China ...
Wednesday, 28 October 20
MARKET INSIGHT - INTERMODAL
The global strive towards eco-friendliness and environmental sustainability in the shipping industry is mounting. There are currently almost 200 co ...
Tuesday, 27 October 20
PLN STILL REFUSING TO ADAPT, A MOVE WHICH WILL HURT INVESTORS, CONSUMERS, AND THE GOVERNMENT PURSE - IEEFA
Utility’s latest planning report locks PLN into the past
PLN would be better served restructuring its business to address the current en ...
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- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- The University of Queensland
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Minerals Council of Australia
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Australian Coal Association
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- VISA Power Limited - India
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
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