The joint venture of SMC Global Power Holding Corp. and Meralco PowerGen Corp. plans to spend P99 billion to put up a 1,200-megawatt coal project in Mariveles, Bataan. Mariveles Power Generation Corp., the joint venture firm, said in an environmental impact statement submitted to the Environmental Management Bureau it would construct and operate the Mariveles […]

Regulatory obstacles in Indonesia could hamper coal production in 2019 and uncertainty about China’s import policy could also curb exports, even though a number of producers have announced tentative plans to raise output in the coming year. A period of high prices that began in 2016 and lasted throughout much of 2018 on strong demand […]

VNA reported that the Vietnam National Coal and Mineral Industries Group has set the goal of earning a total revenue of VND 128 trillion in 2019, nearly VND 69 trillion of which will be from coal production. During a conference held in the northern province of Quang Ninh on December 26, the group said it […]

EVN is trying to address a possible coal supply shortage in 2019. Vietnam Coal and Mineral Industries Holding Joint Stock Corporation (Vinacomin) and Vietnam Electricity (EVN) signed a long-term coal contract for power projects, Vietnam Energy reports. Vice prime minister Trinh Dinh Dung said, “If the coal supply is not well resolved, the power shortage […]

JAKARTA: Indonesia is expected to produce between 480 million tonnes and 500 million tonnes of thermal coal in 2019, and an estimated 500 million tonnes this year, a leading industry association told reporters on Tuesday. “There is a possibility that output next year will be flat,” Indonesian Coal Mining Association chairman Pandu Sjahrir said. However, […]

TOKYO — Southeast Asian coal demand is forecast to rise 5% yearly through 2023 for the fastest growth rate worldwide, an International Energy Agency […]

While delegates from 200 countries come together to ramp up climate action and investors worldwide call for an end to banking on coal as part of the energy mix, the Trump administration followed through with its threat to host a fossil-fuel promotional side event at the United Nations Climate Summit (COP24), currently held in the […]

Climate change is a pressing global issue that countries need to combat not only in their individual capacities but also at an intergovernmental level. Given the degree of the threat faced by communities worldwide, discussions around climate have come to the forefront of the global collaboration agenda. All eyes were on the 24th Conference of the Parties […]

The drive toward carbon mitigation and away from fossil fuels is expected to have a gradual effect on coal-using companies and is not a significant risk on their credit worthiness, according to Moody’s Investor Service. However, Moody’s, in its Power Asia 2019 outlook report, said companies that operate coal-fired power plants would see their cash […]

While the region can’t give up on coal for now, there is a lot it can do to get clean. December 12 marks the third anniversary of the Paris Agreement, a compact intended to catalyze a global reduction in carbon emissions. Yet all the statistics suggest the problem is getting worse: the latest report from the International Energy […]