The Adaro Blog

Japan's Iino Lines commissions coal carrier for J-Power
June 30, 2020, 10:53 am
Japanese shipping firm Iino Lines has commissioned a new bulk carrier to transport thermal coal to electricity wholesaler J-Power's coal-fired power generation plants in the country. Iino Lines took delivery of the 84,854dwt Camellia Island yesterday. The new carrier was built by Japan's...
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China has 250 GW of coal-fired power under development - study
June 29, 2020, 10:24 am
SHANGHAI, June 25 (Reuters) - China has nearly 250 gigawatts (GW) of coal-fired power now under development, more than the entire coal power capacity of the United States, a new study said on Thursday, casting doubt on the country’s commitments to cutting fossil fuel use. Beijing has vowed...
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Indonesian producer body seeks deep coal output cuts
June 26, 2020, 10:10 am
The Indonesian Coal Mining Association (APBI) has asked its members to cut output by 40mn-50mn t during June-December to prevent a freefall in prices. The group expects exports to fall by up to 60mn t in a "challenging" 2020 owing to a lull in demand from China and India. The...
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South Korean coal burn more resilient than gas
June 25, 2020, 9:36 am
South Korean state-owned gas supplier Kogas' sales to the power sector collapsed in May, suggesting that coal burn was robust in the face of lower overall demand, assisted by its cost advantage. Kogas' LNG sales fell by 510,000t on the year to 1.6mn t in May, company figures show. This...
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State government banking on coal exports as world chases Paris targets
June 24, 2020, 10:08 am
The state government is banking on global coal demand defying the Paris climate goals of slashing carbon emissions, predicting instead only a marginal cut in consumption of the fossil fuel by mid-century. According to the government's new Strategic Statement on Coal Exploration and Mining,...
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COVID-19 Could Cause A Boom In Coal Power
June 23, 2020, 9:54 am
COVID-19 has not only impacted the energy industry’s revenues but also its infrastructure development. The delay of new natural gas facilities means that many countries, such as Vietnam, will have to rely on coal-generated power to make up the shortfall. The case study of Vietnam shows...
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PH coal consumption climbs
June 22, 2020, 11:40 am
With the commercial commissioning of new power plants, the country’s consumption of coal fuel last year jumped to 33.121 million metric tons (MT), which is 9.3-percent higher than the 30.836 million MT usage in 2018. Of the total Philippine coal utilization, 28.654 million MT went to power...
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China curbs coal imports after 5 months of record inflows - sources
June 19, 2020, 11:39 am
China has stepped up customs checks for coal imports, leading to lengthy processing delays at ports, four sources familiar with the matter said, as the country seeks to bolster the domestic coal industry. China is curbing coal arrivals through import quotas and quality restrictions on downstream...
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Supreme Court rejects KPK's appeal against not-guilty verdict for former PLN chief
June 18, 2020, 2:49 pm
The Supreme Court on Tuesday turned down an appeal filed by the Corruption Eradication Commission (KPK) against a not-guilty verdict given to the former president director of state-run electricity company PLN, Sofyan Basir.    Last year, the Jakarta Corruption Court...
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PLN books $2.8b loss in Q1 amid weakening rupiah
June 17, 2020, 11:05 am
State-owned electricity company PLN’s bottom line has plunged into the negative in this year’s first quarter after the rupiah exchange rate fell to a record low in March. PLN booked a net loss Rp 38.9 trillion (US$2.76 billion) in the January to March period, down from a net profit...
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