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Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Raphael Lotilla said.
Lotilla made this comment during the Power Summit 2024, organized by the Philippine Chamber of Commerce and Industry.
‘’We do not set aside our responsibility to ensure adequate base load capacities in conjunction with our push to increase (renewable energy) share in the power mix,” he said.
The Philippines has over 6,300 megawatts (MW) of dependable coal capacity aged 10 years or younger, which can operate for at least another 30 years, Department of Energy (DOE) data showed.
More than 4,700 MW of dependable coal capacities are between 11 and 30 years old, while 592 MW are 36 years and older.
“We are prepared for the various scenarios of the energy transition, and the relatively young age of these coal plants helps ensure that we will have enough base load capacity through 2030,” Lotilla said.
He emphasized that maximizing the utilization of these existing energy facilities would avoid placing an added cost burden on both the economy and consumers.
According to the energy chief, the country’s economy is over dependent on imported coal, noting that 83 percent of the country’ coal supply was imported last year.
This, he said, has exposed the vulnerability of the Philippines and “started a mad scramble for alternative sources.”
“Our indigenous coal, which has a lower calorific content, cannot meet the requirements of our coal-fired power plants,” he said.
Lotilla also underscored the need to diversify electricity sources, particularly indigenous ones, to ensure the country’s energy security and sustainability.
“While there is an existing moratorium on building coal-fired power plants, there are also exemptions for committed, indicative and expansion plans,” he said.
He said that it was not the moratorium that discouraged the development of coal plants but the market itself.
“The scarcity of financing, higher insurance costs and the risks of carbon taxes and carbon pricing have deterred new coal projects,” Lotilla added.
The DOE has implemented a coal moratorium since October 2020, barring the processing of applications for greenfield coal-fired power generation facility projects requesting endorsements.
Source: Philstar Global
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Friday, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...
Friday, 28 June 24
INDIA'S CY23 COAL USE LARGER THAN NORTH AMERICA, EUROPE COMBINED - THE HINDU
For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...
Monday, 24 June 24
PLN'S FINANCIAL SUSTAINABILITY RESTS ON ACCELERATED COAL RETIREMENT AND RENEWABLES DEPLOYMENT - MUTYA YUSTIKA
On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...
Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday.
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Monday, 24 June 24
CHINA'S COAL INDUSTRY TURNS GREENER THROUGH INNOVATIVE APPROACHES - PEOPLE'S DAILY
At an opencast mine operated by Inner Mongolia Pingzhuang Coal Group Co. Ltd., a subsidiary of CHN Energy Investment Group (CHN Energy), a 14-meter ...
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Showing 11 to 15 news of total 6871 |
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- MS Steel International - UAE
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Planning Commission, India
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
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