Friday, September 22, 2017

Vietnam energy prospects 2017 announced

Vietnam energy prospects 2017 announced

A report on Vietnam energy prospects has been announced by the Ministry of
Industry and Trade (MOIT), in collaboration with Danish Ministry of Energy,
Utilities and Climate, providing an overview of Vietnam's opportunities and
challenges faced in developing sustainable energy.

Along with significant annual economic growth rates, Vietnam's demand for
energy also increases sharply.

The announcement of Vietnam Energy Outlook Report 2017 was hosted in Hanoi,
on September 20, by the two ministries and the Embassy of Denmark in
Vietnam.

The report is part of the outstanding collaborative results between the MOIT
and the Danish ministry, within the framework of the lower carbon transition
in energy efficiency sector in Vietnam, which is sponsored by the Danish
Government. It is expected that the report will be implemented every two
years.

It is based on updated macroeconomic growth forecasts, primary energy demand
growth and electricity demand in Vietnam. The optimal energy planning
programme set in the report is based on the Danish Balmorel model, which
helps to establish scenarios for development of the Vietnamese electricity
system, focusing on the potential for the development of renewable energy
sources. This energy planning model has been used effectively in Denmark, as
well as several countries around the world.

Speaking at the ceremony, MOIT Deputy Minister Hoang Quoc Vuong said that
with an average annual economic growth rate of 7.26% in the 2001-2010 period
and 5.91% during 2011-2015, the demand for energy in Vietnam is increasing
rapidly. In particular, the demand for electricity has continuously grown at
a high rate, averaging between 13% per annum for 2001-2010 and approximately
11% per year between 2011 and 2015.

In order to ensure energy security and preserve national energy resources,
the Government of Vietnam has implemented a range of policies towards the
sustainable development of its energy sector, focusing on the sustainable
development of renewable energy and promoting energy savings and efficient
energy use.

Deputy Minister Vuong also stressed that the report is a product of great
significance in Vietnam's direction for energy development in linking it
with economic growth, environmental protection and energy security.

Thomas Egebo, Secretary of State of the Danish Ministry of Energy, Utilities
and Climate, pointed out that sustainable growth, not just growth, remains a
challenge to Vietnam. He also stated that Denmark is willing to share its
experience with Vietnam regarding technologies and products to help the
country achieve goals of energy and sustainable growth.

According to Aisma Vitina, technical advisor from the Danish Energy Agency,
Vietnam needs to implement supportive policies in order to achieve the goals
of renewable energy development to increase the use rate of such energy
sources among primary energy consumption to approximately 31% by 2020 and
32.3% by 2030.

She suggested that Vietnam needs to form a renewable energy market, as well
as a reasonable electricity price policy, and preferential policies to
support the development and use of renewable energy, including preferential
import tax, corporate income tax, land incentives and priorities for
research related to the development and use of renewable energy resources.
In addition, it is important to ensure environmental protection,
specifically, the environmental charge for fossil fuels to build a
sustainable energy development fund.

Based on the proposed power system development scenarios, the report gives
policy recommendations for the development of electricity and low-carbon
emission energy by intensifying the use of renewable energies and promoting
energy efficiency.

It also looks into the opportunities and challenges to Vietnam's sustainable
energy development and energy security with reasonable cost and in
accordance with the development conditions of the country.

On the same day, Deputy Minister Hoang Quoc Vuong and Danish Secretary of
State Thomas Egebo signed the minutes on approval of the Vietnam-Denmark
Energy Partnership Programme for 2017-2020.

Earlier, on June 18, 2015, a Memorandum of Understanding between the two
ministries on cooperation on energy saving in renewable industries and
renewable energy was signed. After two years of collaboration, the two
ministries have achieved practical results in supporting the implementation
of energy saving and renewable energy activities in Vietnam.

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Link to Original Article:
http://english.vietnamnet.vn/fms/environment/186913/vietnam-energy-prospects
-2017-announced.html


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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com




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Malaysia: Sarawak CM says Bakun Dam power not for peninsula, but may sell to Indonesia

Malaysia: Sarawak CM says Bakun Dam power not for peninsula, but may sell to
Indonesia

The Sarawak government will not sell electricity generated from Bakun Dam to
peninsular Malaysia due to the prohibitive cost of undersea cables, Chief
Minister Datuk Abang Johari Openg said.

Power generated from the Bakun project will be used within the state and may
be sold to Indonesia's Kalimantan, which neighbours Sarawak, The Borneo Post
reported Abang Johari telling reporters in Kuching yesterday.

"The state government will not sell the electricity power to Peninsular
Malaysia because laying undersea cable will be very costly and the other
problem is leakage.

"As far as the energy [from Bakun] is concerned, I have decided that we want
to consume it [the energy] for our own, and perhaps we just want to sell it
to our neighbour, like what we are doing now ― selling it to Pontianak in
West Kalimantan," he was quoted saying.

The 2,400 MW Bakun Dam started operating in 2011 after taking almost 15
years to complete.

The project was built at a cost of more than RM1.7 billion.

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Link to Original Article:
http://www.themalaymailonline.com/malaysia/article/sarawak-cm-says-bakun-dam
-power-not-for-peninsula-but-may-sell-to-indonesia


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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com




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Indonesia: Minister Jonan to Partner with Commission VII in Pushing for Renewable Energy Mix Target

Indonesia: Minister Jonan to Partner with Commission VII in Pushing for
Renewable Energy Mix Target

Chairman of the National Energy Board (DEN) and Energy and Mineral Resources
(ESDM) Minister Ignatius Jonan has said his side would partner with House's
Commission VII to socialize to their electoral districts in order to push
the renewable energy target.

Jonan said it when discussing the General Plan of National Energy (RUEN)
with DEN in Senayan, Jakarta.

"So we ask the electoral districts of each or the provinces where they are
represented by Commission VII. We, members of DEN, invite the members of
Commission VII to participate together in the RUEN socialization," Jonan
said, Wednesday (9/20/2017), to the reporters.

In its development, the government's RUEN is targeted pushing the renewable
energy as the foremost energy in the future, with expectoration in 2025 the
realization of the mix energy reached 23 percent.

In his note there are 10 provinces began to budget RUEN activity namely
Aceh, Lampung, Bengkulu, Banten, West Java, Jakarta, Central Java, Central
Kalimantan, Maluku and West Nusa Tenggara.

"There are also 16 other provinces that support to encourage the mix energy
in their area, regularly budgeted but already done, it is in North Sumatra,
West Sumatera, South Sumatera, Riau Islands, Jambi, Bangka Belitung,
Yogyakarta, Bali, East Java, Sulawesi West, South Kalimantan, East Nusa
Tenggara, East and West Kalimantan," he said.

However of the 34 provinces in Indonesia, there are still areas not support
EBT. Eight of them have not preparing the RUEN yet.

"This may be due to the lack of personnel or the limitations of RUEN
understanding. It is in North Kalimantan, North Sulawesi, Central Sulawesi,
Southeast Sulawesi, Gorontalo, North Maluku, Papua and West Papua," he said.

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Link to Original Article:
http://www.en.netralnews.com/news/business/read/11583/minister.jonan.to.part
ners.with.commission.vii.pushing.the.mix.renewable.energy.target

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com




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Philippines - MERALCO: Luzon Grid may need power capacity

Philippines - MERALCO: Luzon Grid may need power capacity

THE LUZON GRID MAY NEED MORE POWER CAPACITY FROM NEW GENERATION POWER PLANTS
FOLLOWING A SUDDEN SPIKE IN DEMAND IN THE MERALCO FRANCHISE AREA FOR THE
THIRD QUARTER.

Meralco expressed concern with the power situation in the grid with three
yellow alerts raised since August 30, company senior VP and utility
economics head Lawrence Fernandez said at the sides of a forum hosted by the
Financial Executives Institute of the Philippines.

"Our concern, while the situation hasn't reached red alert yet, is that when
power plants trip, it will trigger an automatic load dropping (ALD) which
means some of the customers lose electric service because of the tripping of
some power plants," Fernandez said.

Two of the yellow alerts, recorded on September 9 and 16, were weekends.

A yellow alert signifies that there were not enough reserves to cover the
largest running generating unit at the time but does not necessarily lead to
power outages.

Fernandez added that the yellow alerts were because of high demand –
especially for a weekend – and power plants that go on forced or unplanned
outage.

On Sept 8, the Sual 1 in Pangansinan, GN Power 1 and 2 in Mariveles, Bataan
and San Gabriel in Batangas.

These yellow alerts that occurred even when Meralco projected flat growth in
power demand for this year mean that new capacities must be embedded into
the Luzon Grid, Fernandez said.

"While more than 1,000 megawatts (MW) of power plants have commissioned in
the last year, the rise in demand is soaking up new capacity which means we
need more and more capacity to be built in the coming months,"

Earlier this year, Meralco saw a softer growth in sales coming following a
surge in sales volume last year due to the El Niño phenomenon and
election-related activities.

"We were not expecting the growth in demand that we experience this year
coming off from 2016 with the El Nino and election year," he said.

Fernandez said that electricity consumption grew almost four percent-to-date
despite having a robust growth of 8.1 percent in 2016.

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Link to Original Article:
http://powerphilippines.com/2017/09/21/meralco-records-sudden-demand/

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com




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New power plant with Wärtsilä generating equipment will boost Indonesia's clean energy capacity

New power plant with Wärtsilä generating equipment will boost Indonesia's
clean energy capacity

The technology group Wärtsilä has been contracted to provide the generating
equipment for a new 48 MW power plant to be built in Indonesia. The plant
will be operated by PT PLN, the Indonesian Government owned utility, which
already has a number of power stations running with Wärtsilä engines
producing more than a gigawatt of electricity. The contract has been signed
with Norway-based Jacobsen Elektro, an international provider of turnkey
power plants for clients on three continents. The order was booked in the
third quarter of this year.

The new plant, located in Kupang in Indonesia's East Nusa Tenggara Province,
will operate with five Wärtsilä 34DF dual-fuel engines. Initially they will
be run on diesel fuel, but will switch to gas when the local gas supply
infrastructure is sufficiently developed. In gas mode, the carbon footprint
is significantly reduced thereby contributing in a meaningful way to a
healthier environment.

The plant is expected to be operational by November 2018, and the Wärtsilä
engines are scheduled for delivery in the beginning of the year. Wärtsilä's
fast-track delivery capability, together with its advanced dual-fuel engine
technology and local service support network in Indonesia, was cited as
being an important consideration in the award of this contract.

"The choice of Wärtsilä as the main equipment supplier for this project was
based on the efficiency and fuel flexibility of the 34DF engine, and also
based on Wärtsilä's impressive track record to meet the stringent technical
requirements of PT PLN's projects," commented Kjell Rudnäs, Area Sales
Director for Jacobsen Elektro.

"We are pleased to have been selected to supply the generating engines for
this important plant, which will help speed the economic development of
Eastern Indonesia. We are especially proud to keep adding capacity to the
Indonesia grid in a reliable and environmentally sustainable way. We are
also very happy to continue our successful relation with Jacobsen Elektro AS
in this new project," said Frederic Carron, Regional Director, South East
Asia & Australia for Wärtsilä.

When this plant is completed, Wärtsilä engines will be producing more than
4300 MW of electrical output in Indonesia.

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Link to Original Article:
https://globenewswire.com/news-release/2017/09/21/1125704/0/en/New-power-pla
nt-with-W%C3%A4rtsil%C3%A4-generating-equipment-will-boost-Indonesia-s-clean
-energy-capacity.html


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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com




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Active Energy and Lumino to Build Biomass Plants in Asia

Active Energy and Lumino to Build Biomass Plants in Asia

Advanced Biomass Solutions (ABS), an affiliate of Active Energy, has entered
into an agreement with California-based Lumino Capital for the financing,
development and operation of eight CoalSwitchT plants across South East
Asia.

Under the terms of the non-exclusive agreement ABS and Lumino will work
together on financing, development and operation of each CoalSwitchT plant.
Each plant will be capitalized primarily by equity investments and debt
financing from Lumino and a consortium of financial institutions.

Lumino and its affiliates will also supply woody biomass feedstock that will
be used in the plants and processed into CoalSwitchT. Lumino will also
source long-term off-take agreements with entities in Japan and South Korea,
including two biomass plants currently under development by its parent,
Solariant.

Brian Evans-Jones, Active Energy and ABS Director stated, "We believe this
is a transformational agreement for both Active Energy and ABS. Lumino is a
fantastic partner with immense experience within the renewable energy
sector. Together, we intend to create a vertically integrated model
encompassing the key components needed for the successful commercial
roll-out of CoalSwitchT. Lumino will utilise its network of finance
providers, as well as source both woody biomass and long-term offtake
agreements, whilst ABS will supply the technology and plant construction."

ABS will be responsible for the construction and ongoing operations,
management and the maintenance of each CoalSwitchT plant.

Daniel Kim, Lumino Managing Director, said, "We believe that CoalSwitchT is
a game-changing biomass product that has the potential to transform the
energy sector. We have been involved in the renewable energy sector for
years, developing, constructing and financing renewable energy power plants
and pellet mills across Asia. We see this Agreement as a terrific
opportunity that works to our strengths and leverages our position and
contact base. I am looking forward to working with ABS and being a part of
the forthcoming commercial roll-out of CoalSwitchT."

CoalSwitchT has a unique solution to enable coal-fired power plants to
continue operating at acceptable environmental standards. To facilitate the
expansion, ABS is establishing operations in the Americas, Europe and Asia
and has representation in those areas in terms of business development and
technical support.

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Link to Original Article:
https://www.renewableenergymagazine.com/biomass/active-energy-and-lumino-to-
build-biomass-20170921/


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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com




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Thursday, September 21, 2017

Indonesia's PLN lists power plant-backed securities

Indonesia's PLN lists power plant-backed securities

Utility firm Perusahaan Listrik Negara raised 4 trillion rupiah ($300
million) in fresh funds from Wednesday's listing of its first asset-backed
securities -- the second such issuance by an Indonesian state-owned company
for infrastructure financing.

PLN said the securities, issued through its subsidiary Indonesia Power, were
oversubscribed by 2.7 times. The securities are backed by future revenues
from four coal-fired power plants run by Indonesia Power in the industrial
town of Cilegon, Banten province. The plants have a combined capacity of
1,600 megawatts and are part of the Suralaya power-plant complex, which
covers at least 12% of the electricity needs for Java and Bali islands.

Proceeds from the securities will be used to finance the construction of
other power-plant projects as PLN, which is fully owned by the government,
is tasked with procuring an additional 35 gigawatts of electricity between
2015 and 2019 to power up the nation. This includes the construction of two
new power plants in Suralaya with a combined capacity of 2,000 megawatts.

Indonesia Power is targeting 6 trillion rupiah from another listing of power
plant-backed securities planned for the first half of next year.

Wednesday's listing took place less than a month after state-owned toll
operator Jasa Marga listed for the first time its assets-backed securities
at the Indonesian Stock Exchange on Aug. 31. The securities are backed by
one of Jasa Marga's oldest and most popular toll roads, the Jagorawi toll
road, which connects the capital Jakarta with the satellite city of Bogor in
West Java province.

Jasa Marga obtained 2 trillion rupiah from the listing after the securities
were similarly oversubscribed by 2.7 times. The company said proceeds will
be used to build more toll roads.

While state lender Bank Tabungan Negara had earlier issued mortgage-backed
securities, Jasa Marga's and PLN's are the first asset-backed securities
issued by Indonesian SOEs to help with their infrastructure project
financing.

Asset securitization is a way for the Indonesian government to access more
funding options for its infrastructure projects. President Joko Widodo has
committed to developing toll roads, ports, power plants and others projects
worth some 5,000 trillion rupiah during his five-year term ending in 2019.
But many of the projects are hampered by limitations on the state budget, as
well as by rising debt levels of SOEs.

State Enterprise Minister Rini Soemarno said there may be several other
asset-backed securities listings next year. Additionally, the government
will encourage SOEs to collect funds through real-estate investment trusts.

"[The REIT scheme] will probably start this year, with a Bank Mandiri
building," Soemarno told reporters on Wednesday, referring to the country's
largest lender by assets.

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Link to Original Article:
https://asia.nikkei.com/Business/AC/Indonesia-s-PLN-lists-power-plant-backed
-securities


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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com




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