SINGAPORE • Oversea-Chinese Banking Corp Ltd (OCBC), South-East Asia’s second-largest lender, said two Vietnamese coal-fired power plants will be the last it finances as it increases funding for renewable projects. “We won’t do any new coal-fired power generation plants in any countries, except for the power projects that we are already in, or we have […]

MANILA, Philippines — San Miguel Corp. (SMC) intends to continue developing clean coal power plants, as well as pursue renewable energy projects and battery technology developments with room still to grow in its power portfolio. As of end-2018, SMC Global Power Holdings Inc. has an installed capacity of approximately 19 percent of the national grid, […]

The government set on Thursday the coal reference price at US$88.85 per ton in April, a 0.84 percent decrease from the $90.57 per ton set in the previous month. The change marks a further decrease of the coal price, which stood at $107.83 per ton in August last year. Energy and Mineral Resources Ministry spokesperson […]

DAVAO CITY — Mindanao’s shift in recent years to more power generated by coal-fired plants is for now saving the southern Philippines from energy problems caused by the El Niño dry spell. “Mindanao’s current energy mix and supply status may be able to spare Mindanao from the effects of long dry spell to our power […]

We have downwardly revised our short-term hydropower generation forecasts in Cambodia, from 4.46 TWh to 3.06TWh in 2019 as recent droughts have threatened Cambodia’s hydropower output reliability. In the immediate term, we expect Cambodia to import more electricity from neighbouring states to meet the power shortage. Despite current drought challenges, we maintain a positive long-term growth outlook for […]

The Indonesian government is taking a firmer approach to control thermal coal production this year, to ensure the domestic market obligation, or DMO, requirement is met, Indonesian Coal Mining Association’s executive director Hendra Sinadia told S&P Global Platts. “This is the first time the government wants to closely control the production output, they have the […]

MANILA, Philippines — The Mindanao coal-fired power plant owned by AC Energy Inc. has been named as among the country’s energy projects of national significance (EPNS). The Energy Investment Coordinating Council (EICC), led by the Department of Energy (DOE), has endorsed the 4×138-megawatt (MW) coal-fired power plant in Lanao del Norte in Mindanao owned by […]

Over the past year, the number of patients treated each day in the hospital unit where cardiologist Ade Imasanti Sapardan works in Indonesia’s capital has almost doubled to about 100. Sapardan, who sees up to 150 people every week, cites worsening air pollution as a major reason for the rise in patients seeking treatment in […]

The chief executive of Vistra Energy Corp. last week said coal is not likely to regain market share in the U.S. power market. Curtis Morgan, in a panel discussion March 14 at the CERAWeek event in Houston, Texas, said “coal is on its way out. More and more plants are being retired.” It’s not the […]

MANILA, Philippines – (UPDATED) The San Juan municipal council on Monday, March 11, passed an ordinance declaring the town coal-free via a unanimous vote. Authored by councilor Miguel Corleone Magsaysay, Resolution No. 03-2019 declared the municipality of San Juan environment-friendly and coal-free. The ordinance also bans the construction, development, and operation of coal-fired power plants […]