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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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Tuesday, 31 October 17
BALTIC DRY INDEX TAKES A BREAK FROM ITS UPWARD RALLY COURSE - GEORGE LAZARIDIS
It has been a week of corrections for the dry bulk freight market as it seems as the general Baltic Dry Index takes a break from its upward rally c ...
Friday, 27 October 17
U.S WEEKLY COAL PRODUCTION FLAT WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 14.9 million short tons ...
Thursday, 26 October 17
CYBER COVER FOR E-BILLS - PHILIP STEPHENSON
KNOWLEDGE TO ELEVATE
Increasingly popular electronic bills of lading are, by their nature, susceptible to the risk of cyber attack. Here, Stan ...
Thursday, 26 October 17
INDO TO CHINA ROUNDS SUPRAS ACHIEVING AROUND HIGH $14000 - FEARNLEYS
Supramax
By mid-week the market has been relatively quiet in the Pacific basin as well, but still some healthy rates being achieved on the differ ...
Thursday, 26 October 17
STRONG SIGNAL FOR AUSTRALIAN COAL DEMAND - GREG EVANS
The International Energy Agency’s Southeast Asia Energy Outlook report, released today, presents a positive outlook for Australian coal produ ...
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Showing 1901 to 1905 news of total 6871 |
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- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
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