Coal price set at $88.85 per ton in April, down 0.84 percent
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 […]
Coal prices to stabilise
Global coal prices have surged following the Russia-Ukraine war that has caused the power generation industry in Malaysia to be under pressure, said TNB Fuel Services Sdn Bhd (TNBF), Bernama reported. Its head (procurement and supply chain), Abdul Halim Othman said global coal prices are expected to stabilise within six months from March when supply […]
Coal remains main source of energy in Southeast Asia
The energy multinational Wood Mackenzie said in a recent study that coal would remain a major fuel source in Southeast Asia for years to come, its use expected to peak only in 2027. The Indonesian government has set a target of generating 23 percent of its power from renewable sources but has achieved only 12 […]
Coal shortage could sap Vietnam’s energy
A serious coal shortage is threatening Vietnam’s power production plans even as the nation’s demand for energy rises. Le Duy Hanh, chairman of the Quang Ninh Thermal Power Company (TPC Quang Ninh), said they have shut down two out of four turbines since November 17 due to a lack of coal. He told VnExpress that […]
Coal squeeze intensifies
The message from the top is clear: cut out coal. While the regulatory pressure has been evident for some time, the race to banish the black stuff stepped up a notch last week when a $5 trillion valued institutional investor group made up of many of the world’s largest insurers and pension schemes warned the […]
Coal supply for thermal power plants to increase by 10-15%
Hanoi (VNS/VNA) – The Vietnam Coal and Mineral Industries Group (Vinacomin) and Dong Bac Corporation strive to supply about 48.35 million tonnes of coal for thermal power plants, an increase of about 10-15% compared to 2022.
Coal to continue leading power generation in Vietnam over next decade
Coal is set to continue leading power generation in Vietnam over the next decade, says a report. The analysis by data and analytics firm GlobalData shows that coal generation in the Southeast Asian country will reach 177.7 terawatt-hours (TWh) by 2030, providing almost 39% of its total power generation.
Coal To Dominate Vietnam’s Power Sector Expansion
We expect coal-powered generation growth to increase rapidly over the next decade and to dominate Vietnam’s power sector expansion. We forecast coal-powered generation to grow at an average of 10.1% y-o-y to reach about 50.5% of the power mix by 2028. This is due to relatively slow supply growth from traditional sources of energy such as […]
Coal to keep big share in Asean’s power-generation mix
Adoption of cleaner technologies for coal-fired power plants is vital for Southeast Asian countries like the Philippines considering that this fossil fuel will continue to cover a significant part of the region’s electricity supply amid rising demand, according to the International Energy Agency. The Paris-based agency said in its Southeast Asia Energy Outlook 2019 report […]
Coal to remain king in Indonesia, for now
Indonesia’s consumption of domestic coal for power generation will almost double from 84 million t in 2018 to 157 million t by 2027. This increases power generation’s share of domestic consumption from 18.5% to 33.6%, which is likely to displace export tonnage. Another factor contributing to the higher coal consumption is that Indonesia’s new power […]