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  • Renewables
16 October 2019

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  • Philippines

MANILA, Philippines — President Rodrigo Duterte encouraged private sectors on Thursday to invest in the generation of clean energy.

The President said this during his speech at the switch-on ceremony of the San Buenaventura Power Ltd. Co. at the Grand Hyatt Manila in Taguig City.

“To our friends in the private sector, I ask you to follow the lead of San Buenaventura Power by investing in the generation of clean energy,” he said.

“With substantial reforms that this administration has instituted in the past three years, I can assure you that you’ll be able to pursue more effective and efficient business strategies as long as you give utmost importance for the protection of our environment and the welfare of your host communities,” he added.

Last Tuesday, SBPL switched on its 500-megawatt (MW) supercritical coal-fired power plant in Mauban, Quezon, which will inject additional capacity in the Luzon grid.

It uses a high-efficiency, low-emission (HELE) coal technology that allows the power plant to operate at higher temperatures and pressures to reach higher efficiencies while reducing emissions.

The President also assured private sectors of government’s commitment to utilizing renewable energy for the economy’s growth.

“As we look forward to the future of power generation in the Philippines with much optimism, let me assure our partners in the private sector that this administration remains committed to harnessing the potential of sustainable [and] renewable energy in driving the growth of our economy,” he said.

“Let me, therefore, take this opportunity to encourage everyone, especially the people behind San Buenaventura Power, to look especially behind the aspect of power generation. And always keep in mind that beyond profits, your primary objective is to provide reliable and affordable electricity to our people,” he added.

In light of this, the President told the Department of Environment and Natural Resources (DENR) and the Department of Energy (DOE) to continue monitoring compliance of companies with the law.

  • Energy Economy
15 October 2019

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  • Philippines

BANGKOK • A future coal-fired power station in central Vietnam may soon be funded by Singapore’s DBS Bank, according to environmental groups familiar with the matter.

This is despite DBS announcing in April that it will stop financing new coal-fired power plants after honouring existing commitments.

In a letter to DBS chief executive Piyush Gupta on Sept 19, a group of Japanese and Australian environmental groups – including Kiko Network and Mekong Watch – urged DBS to reconsider funding Vung Ang 2 power station.

This project is located in central Ha Tinh province, near the steel plant of Taiwanese-owned Formosa Plastics, which spilled toxic waste into the sea in 2016, decimating marine life and leaving thousands of fishermen jobless.

The Vung Ang 2 project is sponsored by One Energy Ventures, a joint venture between Diamond Generating Asia – a Mitsubishi Corporation subsidiary – and China Light and Power.

When approached by The Straits Times, DBS said it does not comment on individual projects.

“Our coal policy recognises the absolute need to keep to our carbon cap, our planetary boundaries, but it also recognises this need for balance. Countries in South-east Asia have significant energy needs over the coming decades,” said a DBS spokesman in an e-mail.

“Our coal policy, announced earlier this year, commits us to stop any new coal-fired plant financing after our current commitments to customers are completed.”

Like Cambodia, Vietnam has one of the fastest growing economies in South-east Asia and has forecast that its power generation will need to rise from around 47,000 megawatts (MW) now to 129,500MW by 2030.

Hydropower and coal currently dominate Vietnam’s energy mix, each making up some 40 per cent of its installed capacity. Vietnam is banking on coal to quickly raise electricity production, while promoting renewable sources like solar.

  • Renewables
15 October 2019

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  • Vietnam

October 15 (Renewables Now) – Thai project management and engineering firm Modern Energy Management Co Ltd (MEM) said today it is supporting an unnamed company in buying and developing a 21-MW wind project in Vietnam.

MEM did not disclose the name of its client, but noted that this project marks the confidential party’s entry into the Vietnamese market. MEM will take responsibility for the acquisition due diligence and also provide project development support.

“Vietnam has a modest feed-in tariff, which means developers must be extraordinarily skilled in site selection and the development process to be successful,” commented Aaron Daniels, managing director of MEM.

At present, Vietnam has 190 MW of installed wind power generating capacity and is targeting 6,000 MW by 2030. MEM’s portfolio of consulting renewable energy projects in Vietnam exceeds 1,300 MW, it said.

  • Energy Cooperation
15 October 2019

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  • Vietnam

LONDON & PARIS & HOUSTON–(BUSINESS WIRE)–TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a significant(1) contract by PetroVietnam Gas for the Engineering, Procurement and Construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long basin in Vietnam.

The scope of the contract covers engineering and installation of 118 kilometers of rigid pipeline as well as the fabrication of subsea structures to tie back the existing Nam Con Son 2 Phase 1 gas pipeline to the Long Hai Landfall Station.

Arnaud Piéton, President Subsea at TechnipFMC, commented: “We are extremely pleased to have been entrusted with the Nam Con Son 2 Phase 2 pipeline contract. This pipeline collects and transports gas from several reserves to help meet the demand in Southeast Vietnam, and we look forward to collaborating with PetroVietnam Gas on this project.”

(1)For TechnipFMC, a “significant” contract is between $75 million and $250 million

Important Information for Investors and Securityholders

Forward-Looking Statement

This release contains “forward-looking statements” as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words “believe”, “estimated” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.

About TechnipFMC

TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients’ project economics.

We are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our clients in developing their oil and gas resources.

Each of our more than 37,000 employees is driven by a steady commitment to clients and a culture of purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.

  • Renewables
15 October 2019

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  • Indonesia

In a release today, Japanese Toshiba Energy Systems & Solutions Corporation announced that the company has won a contract with PT Inti Karya Persada Tehnik (IKPT), a leading Engineering, Procurement and Construction (EPC) company in Indonesia, to supply a set of steam turbine and generator for the Dieng Small Scale Geothermal Power Plant located in Central Java, Indonesia.

The power plant is developed by PT Geo Dipa Energi (Persero), Indonesia’s state-owned geothermal energy company. Toshiba ESS commenced the design and engineering work for the scope of supply. The power plant is scheduled to start commercial operation in March 2021.

This 10 MW-class small scale geothermal power plant will be constructed in the Dieng plateau and located near the existing Dieng Geothermal Power Plant Unit 1, which has been operating since 2002. For this new power plant, Toshiba ESS will supply “Geoportable (TM)”.

“Geoportable (TM)” is a compact power generation system developed by Toshiba ESS for small scale geothermal power plants with outputs ranging from 1 MW to 20 MW. This system employs advanced technologies, for instance, leading-edge corrosive gas resistance materials, which are crucial for geothermal steam turbines, and a unique design for the steam path, which leads to high performance and reliability.

In addition, with its compact design, “Geoportable (TM)” can be installed even in limited spaces where conventional geothermal power generation systems normally cannot fit. “Geoportable (TM) is primarily composed of standardized components and are pre-assembled on skid* in the factory (skid is a load platform used in a material handling and logistics application), allowing a shorter manufacturing and installation period. These factors were considered and evaluated positively during the selection process.

Indonesia has an estimate of 29,500 MW of geothermal energy resources, which is second most among all countries. According to the “Electricity Supply Business Plan of PT PLN Year 2019 up to 2028”, geothermal power plants are planned to be newly developed to generate about 4,600 MW by year 2028. Moreover, a compact geothermal power generation system is highly anticipated to replace a diesel generator, which is commonly used in many islands in Indonesia.

Takao Konishi, Director and Senior Vice President of the Power Systems Div. at Toshiba ESS, commented, “We can offer a wide range of geothermal power generation systems from 1 MW to 200 MW. In Indonesia, Toshiba ESS has supplied large-scale geothermal power generation systems with an aggregate output of 239 MW for the Sarulla Geothermal Power Plant, the largest geothermal power plant in Indonesia, and the Patuha Geothermal Power Plant. With this new opportunity, we will promote “Geoportable (TM)” in addition to the large-scale type, and continue to contribute to realizing a stable power supply in Indonesia by providing our cutting-edge power generation system that realizes customer needs.”

Project Outline

  • Plant name: Dieng Small Scale Geothermal Power Plant
  • Location: Dieng Plateau Wonosobo, Central Java, Indonesia
  • Plant owner: PT Geo Dipa Energi (Persero)
  • EPC company: PT Inti Karya Persada Tehnik (IKPT)
  • Scope of supply: 1 set of a 10 MW-class steam turbine and generator “Geoportable (TM)”
  • Planned start date of commercial operation: March, 2021
  • Electricity/Power Grid
15 October 2019

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  • Singapore

SINGAPORE – Four in 10 Singapore households have switched to an electricity retailer since the launch of the Open Electricity Market (OEM) in April last year, said the Energy Market Authority (EMA) on Tuesday (Oct 15).

Most of them have found the experience to be positive, an EMA survey showed. The results of the consumer satisfaction survey of more than 10,000 households who have switched was published on Tuesday.

It found that 85 per cent of the respondents were satisfied with the level of service provided by their retailer and 98 per cent found the process of switching retailers easy.

The survey also showed that residential consumers were generally aware of the electricity rate, contract start and end dates, and details of their security deposit. The vast majority or 94 per cent of respondents indicated that their retailer presented its offers accurately.

The EMA said those who switched retailers enjoyed savings of 20 to 30 per cent compared to the regulated tariff.

Consumers that changed electricity retailers in the last year told The Straits Times that they were paying less for electricity and that the process of switching was easy.

Housewife Evangeline Lim, 57, who switched to Sembcorp Power earlier this year, said her electricity bill is about 25 per cent lower than before.

“We used our air-conditioners more last month when the weather was very warm but our bill came to about $250. In the past it would be almost $300,” said Mrs Lim. She lives in a semi-detached house in Bedok with her husband, three of their four children, her mother and a domestic helper.

She signed up for a two-year contract at a road show for Sembcorp Power and received a confirmation letter from SP Group a couple of days later.

“The transaction was smooth. So far, I’ve no complaints. Plus, the cost is so much lower now,” she said.

Author Jimmy Chua, 35, said his move to Ohm Energy in January this year went smoothly and he has not experienced any hiccups since.

The father of one, who lives in a four-bedroom HDB flat in Sengkang, said his electricity bill was typically about $75, about 25 per cent lower than before.

The electricity market in Singapore opened up in April last year with a soft launch limited to residents in Jurong. The OEM was then progressively rolled out to the rest of the country between November 2018 and May 2019.

Previously, SP Group was the primary supplier of electricity to households in Singapore.

The liberalisation of the market has meant that households here have more choices when it comes to energy suppliers. There are now 12 such retailers including Geneco, iSwitch, and Keppel Electric.

But the roll-out has not been without hiccups. In August, The Straits Times reported that there had been some cases of unauthorised sign-ups by electricity retailers. A check on Tuesday found that the Consumers Association of Singapore (Case) had received 181 complaints against electricity retailers as of September.

Case executive director Loy York Juin said consumers are advised to do their research and select a plan that best meets their needs. Consumers are also encouraged to clarify and understand important aspects of the contract such as length of contract, payment terms, and if the plan includes any security deposit, early termination charges, and auto-renewal clauses.

Mr Loy said: “Consumers are also advised against revealing their personal information such as NRIC number and Singapore Power account details if they have no intention of switching to an electricity retailer.”

Under industry rules, third-party applications require an authorisation form. The onus is on the retailers to ensure that proper authorisation is obtained for sign-ups by third parties. Retailers have to comply with EMA’s code of conduct which requires them to obtain consent to enter into a contract and prohibits false or misleading representations. Failure to do so may lead to a licence suspension or financial penalties.

To help consumers make more informed decisions when choosing their electricity retailer, EMA has developed a five-star rating system to reflect the overall satisfaction level for each retailer, based on responses from the consumer satisfaction survey. Ohm Energy, Sunseap Energy and Tuas Power came out tops with four stars each.

In a press statement, chief executive of EMA Ngiam Shih Chun said: “Apart from price, we encourage consumers to consider the satisfaction ratings for retailers in their decision-making. We also hope this rating system will motivate retailers to continually improve their products and services for the benefit of consumers.”

  • Energy Economy
15 October 2019

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  • Malaysia

PUTRAJAYA, Oct 15 — Sustainable Energy Development Authority Malaysia (SEDA) made significant savings for renewable energy (RE) fund when it introduced e-bidding exercise last year.

It’s chairman Wong Kah Woh said the first biogas e-bidding exercise last year saw an average saving in the RE fund of RM12.949 million a year, while the second exercise saw a saving of RM12.536 million.

“The beautiful part of e-bidding whereby the overall price had been brought down, bringing savings for the RE fund, which eventually used it for others RE and to release more quotas,” he told a media briefing on RE opportunities and achievement in Malaysia, here today.

The effective tariff for the first biogas e-bidding average was 40.55 sen while the second biogas e-bidding was 40.58 sen.

“If compared this average tariff with the tariff prior to e-bidding which was 46.69 sen, we recorded a low and cheaper average tariff in the first and second biogas e-bidding,” he added.

For the first biogas e-bidding, the basic bid tariff from 22.10 sen to 28.14 sen per kilowatt hour (kWh), while the second biogas e-bidding, the basic bid tariff for successful bidders from 23.5 sen to 26.89 sen per kWh, he said.

Following this, SEDA according to Wong also conducted the first e-bidding exercise for small hydro from Sept 2 to Sept 23 following the saving it made in the earlier biogas bidding.

“Total number of bidders as of bid closing was 19 bidders. The list of successful bidders is targeted to be announced in mid to late December this year,” he said adding that the total capacity applied for small hydro was 243.69 megawatts, which is 1.5 times over-subscribed since SEDA only releasing 160 megawatts of quota.

Commenting on the 2020 Budget, Wong said the government through the budget has given a huge boost for the renewable energy industry in Malaysia.

“Especially with the Green Investment Tax Allowance (GITA) and Green Income Tax Exemption (GITE) which have been extended to 2023. This is what the industry is asking for and this was important especially for SEDA’s efforts for the promotion especially solar energy and solar panels on the rooftop,” he said.

In addition, Wong said tax incentives for companies implementing solar leasing activities with the income tax exemption of 70 per cent for up to 10 years would encourage industry stakeholders and players to offer competitive services.

It would also help Malaysia move towards 20 per cent RE national installed capacity mix by 2025.

Total RE as of the end of last year was six per cent of the national installed capacity mix excluding hydro above 100 megawatts.

  • Energy Cooperation
15 October 2019

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  • Cambodia

With plans for cross-border electricity grids growing in the region, Laos is banking on hydropower exports to earn revenue. But a recent deal to also sell coal power generated in Laos to Cambodia has sparked environmental concerns over this trade.

Last month, Cambodia’s state-owned utility firm Electricite du Cambodge signed a 30-year deal to buy coal power from two producers with a combined capacity of 2,400MW situated in Laos’ Sekong province.

The two companies – Xekong Thermal Power Plant Company Limited and TSBP Sekong Power and Mineral Company Limited – will start supplying power from 2024.

Cambodia is trying to maintain its momentum as one of the fastest-growing economies in Asean, even as it grapples with having one of the highest electricity tariffs in the region.

Securing steady supply is a big challenge. Last year, Cambodia’s domestic sources of power had an installed capacity of 2,208MW.

Last year, it used 9,308 gigawatt-hours of energy – 14.5 per cent of that was from Thailand, Vietnam and Laos, according to the Electricity Authority of Cambodia.

One-third came from domestic coal power plants and nearly half was from local hydropower dams. Less than one per cent came from other renewable sources like solar.

But the dependency on hydropower makes the kingdom vulnerable to seasonal variations in water levels and climate change.

This year, it was forced to ration daytime power supply after dry conditions hobbled the operation of its hydropower plants.

Referring to the deal with Laos, General Department of Energy director-general Victor Jona told the Straits Times: “Laos offers a lower price than Thailand and Vietnam at 7.7 US cents per kilowatt-hour. Cambodia is also buying electricity from Thailand and Vietnam, but on a smaller scale, at 10 US cents per kilowatt-hour.

“To ensure energy security in the country, Cambodia needs to diversify sources of electricity, [by using] coal, gas, solar, biomass, hydropower dams and imports from neighbouring countries.”

The coal power deal with Cambodia marks the second such cross-border agreement for Laos, which currently exports coal power to Thailand from its Hongsa power plant in the northwestern province of Xayabury.

Environmentalists warn that given the rapidly falling prices of renewable energy like solar, Cambodia risks paying more than it should. In a tender for a 60MW solar power park this year, Cambodia secured a price of 3.877 US cents per kilowatt-hour – a record low in Southeast Asia, according to the Asian Development Bank.

Julien Vincent, executive director of Australia-based environmental group Market Forces, told ST: “From the point of view of energy security, health, cost and minimising climate and other environmental risks, renewable energy is already a more attractive option than largescale coal power plants delivering transboundary power.”

Laos’ Ministry of Energy and Mines, and Ministry of Foreign Affairs did not reply to ST queries.

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