Coal Supply for PLTU: Safe Fuel Stock
Vice President of Public Relations of PLN, Arsyadani Ghana Akmalaputri, said that the stock of coal at PLN's power plants was constrained at the beginning of this year.
However, currently, coal stock is in normal condition or above 15 days. At that time, it was disturbed due to weather factors," he said. In addition, in the midst of soaring coal prices, producers still prioritize domestic supply (domestic market obligation / DMO). APBI Executive Director Hendra Sinadia said that although the price and demand for coal in the export market was high, coal producers who already had sales contracts with domestic users could be sure to fulfill their sales according to the contract. “For companies that have contracts, I think there can be no doubt because they must definitely deliver according to the contract. The problem is that there is a deposit compensation, so they inevitably have to deliver it, “said Hendra. Moreover, currently, there is also a regulation from the government that requires coal producers to fulfill the DMO requirement of 25% of the planned total production. In June 2021, the reference coal price (HBA) has crossed the US$100.33 per tonne figure, while the coal DMO price for general electricity is set at US$70 per metric ton. Chairman of the Indonesian Mining Experts Association (Perhapi) Rizal Kasli assessed that the high disparity in coal prices with the DMO coal benchmark price for electricity supply has the potential to encourage coal producers to prioritize export sales rather than fulfilling DMO obligations, especially coal companies that do not have contracts.
|•SOURCE•| Image :fool |
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