DOE urged to prevent price hike, ensure supply amid Indonesia's coal export ban

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Senator Sherwin Gatchalian said the ban is a cause of concern as most power plants in the country relies on coal. Indonesia is also the biggest supplier of coal in the country.

The Department of Energy should ensure there is ample coal supply and prevent an increase in the prices of coal following the Indonesian government’s decision to ban its coal exports this month.

“Part of the contingency measures should be to ensure the adherence of coal-fired power plants to the 30-day minimum inventory requirement ,” said Gatchalian, who chairs the Senate Committee on Energy. Citing records from the DOE, the senator said that as of October 2021, the Philippines acquired 96.88 percent of imported coal supply from Indonesia, 1.82 percent from Australia, 0.35 percent from Vietnam, and 0.94 percent from other exporting countries.

 

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