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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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Tuesday, 29 September 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.73 PCT - XINHUA
China Taiyuan coal transaction price index stood at 125.91 points Monday, up 0.73 percent week on week.
The index, released by China ...
Tuesday, 29 September 20
SHIPPING MARKET - ALLIED
Here we are, just a short breath before the final quarter of the year, and many are now debating to what extent we can really expect a firm dry bul ...
Tuesday, 29 September 20
INDONESIAN COAL COMPANIES' EARNINGS TO WEAKEN IN 2H20 - FITCH RATINGS
Rated Indonesian coal miners and contractors will have weaker operating and financial performances in the second half of 2020 than in the first, sa ...
Tuesday, 29 September 20
RUSSIA'S COAL PRODUCTION TO DROP BY 10.5% IN 2020, SAYS MINISTRY - TASS
Russia’s Economic Development Ministry projects a 10.5% decrease in coal production in the country in 2020 compared with last year to 395 mln ...
Monday, 28 September 20
NEW LNG PROJECTS - ALL DRESSED UP AND NO PLACE TO GO - WOOD MACKENZIE
It was meant to be another boom year. After a record 70 mmtpa of new LNG capacity was sanctioned in 2019, at least as much capacity was lined up fo ...
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- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Economic Council, Georgia
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Planning Commission, India
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- The University of Queensland
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
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