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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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Thursday, 10 August 17
ANOTHER ACTIVE WEEK FOR THE PANAMAXES WITH INCREASING RATES IN BOTH HEMISPHERES - FEARNLEYS
Supramax
Both basins have remained fairly flat, could say slightly to the negative. A quiet start of the week in the Pacific with holidays in Sin ...
Wednesday, 09 August 17
THE KEY IMPORTERS OF U.S. COAL FOR THE FIRST FIVE MONTHS OF 2017 ARE THE NETHERLANDS, INDIA AND JAPAN - PETER SAND, BIMCO
US seaborne coal exports have turned years of negative growth around and seem to be climbing for a third quarter in a row. The increase in total vo ...
Wednesday, 09 August 17
INDONESIAN COAL PRICE REFERENCE INCREASE COULD CONTINUE IN THE COMING MONTHS
COALspot.com: Indonesian coal benchmark price rose 6.36% in August, government data showed.
The benchmark price of Indonesian thermal ...
Wednesday, 09 August 17
COAL HAS GAINED AROUND 40% OVER THE PAST TWELVE MONTHS; IRON ORE HAS MOVED FROM AROUND $50/T IN AUGUST 2016 TO OVER $70/T TODAY - INTERMODAL
During the summer’s peak, and with the markets remaining relatively quiet, we can argue that most markets have built solid foundations to enj ...
Tuesday, 08 August 17
THE BULLISH RIDE CONTINUES ON FOR THE IRON ORE MARKET - GEORGE LAZARIDIS
The bullish ride continues on for the iron ore market, with most in the market now eyeing the possibility for further gains to be had as Chine ...
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Showing 1976 to 1980 news of total 6871 |
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- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
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