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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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Monday, 26 October 20
'LONG ASCENT' TO RECOVERY OF GLOBAL GROWTH - BALTIC EXCHANGE
The global economy has so far avoided a “financial catastrophe” but growth projections from the International Monetary Fund’s lat ...
Friday, 23 October 20
SHIPPING LOANS AND COLLATERAL DAMAGE - VICTOR ONYEGBADO, AKABOGU & ASSOCIATES
KNOWLEDGE TO ELEVATE
Shipping finance transactions are characterised by peculiar risk factors principally on account of the shipping asset&rsq ...
Friday, 23 October 20
WHAT WILL THE 2020 ELECTIONS MEAN FOR US ENERGY? - WOOD MACKENZIE
The 2020 elections present American voters with a choice between two radically different visions for the future of energy. President Donald Trump r ...
Wednesday, 21 October 20
BRAZIL EXPORTED 238.7 MLN TONNES OF IRON ORE IN THE FIRST 9 MONTHS OF 2020 - BANCHERO COSTA
Brazil’s iron ore exports have been gradually but steadily recovering following a disastrous winter period of 2019/2020. In the first 9 month ...
Wednesday, 21 October 20
INDIA: THE COMMERCIALISATION OF COAL BLOCKS WILL BENEFIT THE ECONOMY - HINDU BUSINESS LINE
As the government of India receives 76 bids for 23 coal mines against the 38 up on auction, what does this commercialisation of coal block allocati ...
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- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
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