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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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- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- The Treasury - Australian Government
- Aditya Birla Group - India
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Planning Commission, India
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- CNBM International Corporation - China
- White Energy Company Limited
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- PTC India Limited - India
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
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