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Thursday, 18 May 17
SOUTHEAST ASIA CAN ACCELERATE ACHIEVEMENT OF PARIS AGREEMENT GOALS - WCA
 Low emissions coal in Asia reduces more CO2 emissions than renewable investment in Western Europe.
Investing in low emissions coal plants in Southeast Asia would reduce more emissions than the transition to renewables in Europe, according to a new report by the ASEAN Centre for Energy (ACE) and the World Coal Association (WCA).
The report, ASEAN’s Energy Equation - the role of low emission coal in driving a sustainable energy future, is the first comprehensive cost-benefit analysis of climate and energy policies, and sustainable development opportunities that cleaner coal technologies provide to a region that is looking to coal to fuel its growing economy.
Climate finance for low emissions coal would reduce emissions equivalent to 1.3 billion tonnes in the next 20 years, a reduction equivalent to annual emissions from China, the United States and the EU - the top three CO2 emitters- combined.
This single action could accelerate the achievement of global climate objectives without sacrificing economic and social development needs in the region.
Over the next 20 years, ASEAN will require 800 terawatt hours of additional electricity each year. To generate this capacity from renewables alone would require an additional $500 billion capital investment in ASEAN economies- 50 times the annual GDP of Laos. In contrast, low emissions coal is more affordable and at the same time reduces emissions.
“Efficient coal generation reduces more CO2 than renewables for each dollar invested,” says WCA Chief Executive Benjamin Sporton. “It is important to inject realism into the debate on how to reduce emissions across Asia. There is no question that cleaner coal is the lowest cost option among all available low-carbon technologies in ASEAN- a region that is rapidly urbanising and industrialising. Coal is forecast to be an essential part of ASEAN’s economic growth. This reality means that it is only logical that the rapidly industrialising and urbanising economies of Asia that are choosing to use coal do so with the lowest emissions technologies.”
“The findings of this report are key to the energy policies of ASEAN Member States,” notes ACE’s Executive Director, Dr. Sanjayan Velautham. “With about 100 million people without electricity, the delivery of affordable, reliable and sustainable electricity is crucial to ASEAN’s predicted economic growth. That’s why, we at ACE believe that modern coal technologies are essential in ensuring that coal is used in a sustainable way that will balance economic needs with climate obligations.”
Editor’s Notes
Key findings
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If ASEAN shifts its coal capacity to a modern fleet (mainly supercritical technology) by 2035, the region would reduce cumulative emissions by 1.3 billion tonnes- equivalent to the annual emissions from China, United States and the EU (top three CO2 contributors) combined.
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This shift would also mean that new power stations in ASEAN could be CCS ready too.
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Investment to ensure an efficient coal fleet in Southeast Asia is vital for global climate ambitions.
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Southeast Asia requires an additional 800 terawatt hours (TWh) of annual electricity generation between 2020 and 2035.
About ASEAN Centre for Energy (ACE)
Established on 1 January 1999, the ASEAN Centre for Energy (ACE) is an intergovernmental organisation within the ASEAN structure that independently represents the 10 ASEAN Member States’ (AMS) interests in the energy sector. It is guided by a Governing Council composed of Senior Officials on Energy from each AMS and a representative from the ASEAN Secretariat as an ex-officio member. Hosted by the Ministry of Energy and Mineral Resources of Indonesia, ACE’s office is located in Jakarta. www.aseanenergy.org
About the World Coal Association
The World Coal Association is the only body acting internationally on behalf of coal, with a mission to demonstrate and gain acceptance for the fundamental role coal plays in achieving a sustainable, lower carbon energy future.
The WCA provides a voice for coal in international energy, environment and development forums, and presents the case for coal to key decision-makers.
The WCA is a membership body made up of coal producers, national associations, allied companies and stakeholders. The organisation is led by the Chairman and Chief Executive Officer.
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Monday, 06 November 17
MARINE BUNKER EXCHANGE EXPECTS BUNKER PRICES WILL CONTINUE UPWARD TREND NEXT WEEK
World fuel indexes rose during the week, supported by main oil producers’ statements about possible extension of oil production cut agreement ...
Monday, 06 November 17
THE THERMAL COAL MARKET CAME UNDER SOME PRESSURE AS THE OUTLOOK FOR DEMAND WEAKENED - DANIEL HYNES
Commodities were mixed as investors grappled with a revised tax plan in the US amid a rising USD said Daniel Hynes in his linked in post.
Acco ...
Monday, 06 November 17
THE FREIGHT MARKET WAS CONTINUED TO SOFTEN THIS PAST WEEK; BCI DOWN 184 POINT WEEK OVER WEEK
COALspot.com: The freight market was continued to soften this past week compared to the previous week, as BDI and all segments except Panamax index ...
Friday, 03 November 17
U.S. COAL PRODUCTION FELL WEEK-OVER-WEEK, EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.5 million short ton ...
Wednesday, 01 November 17
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
As it was expected, the strong dry bulk freight market of the past couple of months has inspired similar activity in the second-hand market. Noneth ...
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Showing 1896 to 1900 news of total 6871 |
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- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Economic Council, Georgia
- Videocon Industries ltd - India
- Australian Coal Association
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
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