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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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Friday, 04 August 17
U.S. WEEKLY COAL OUTPUT UP 4.4% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 16.1 million short tonn ...
Friday, 04 August 17
IMPORTED COAL CONTINUES TO BE A COMPETITIVE, SAFE AND RELIABLE ENERGY SOURCE FOR GERMANY - VDKI
COALspot.com: Worldwide hard coal production in 2016 declined by 3.8% to 6.7 billion tonnes.
According to the Germany Coal Importers Associati ...
Thursday, 03 August 17
SUPRAMAX: INDO TO CHINA COAL ROUNDS ARE GETTING FIXED AROUND MID $8000 - FEARNLEYS
In the Pacific rates have remained weak and under pressure this week with most routes softening.
Indo/China coal rounds are getting fixed arou ...
Thursday, 03 August 17
BUMI RESOURCES COAL SALES RELATIVELY FLAT AT 41.5 MILLION TONS IN 1H' 17; REPORTS US$162.3 MILLION PROFIT IN FIRST SEMESTER
COALspot.com: The BUMI Resources, Indonesia’s one of the largest coal producer, has reported a net income of $162.3 million in 1H’ 17 c ...
Wednesday, 02 August 17
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
During the duration of the first half of the year, the dry bulk market saw intense buying interest that boosted SnP prices significantly. We saw a ...
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Showing 1986 to 1990 news of total 6871 |
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- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
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