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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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Wednesday, 17 May 17
THE CHINESE IMPORTS ARE A BAROMETER FOR VESSEL UTILIZATION - INTERMODAL
According to economic data, China imports increased year-on-year 38% in February, 20% in March – which is approximately US$160-170b - w ...
Monday, 15 May 17
THE PORT OF NEWCASTLE HAS SHIPPED 0.99 PERCENT LESS COAL IN APRIL 2017
COALspot.com: The Port of Newcastle, Australia’s major trading ports, and the world’s largest coal export ports has shipped $AU 1,636.2 ...
Monday, 15 May 17
THE CAPESIZE INDEX ROSE SIGNIFICANTLY THIS PAST WEEK COMPARED TO PREVIOUS WEEK
COALspot.com: The Freight market slightly up this past week, as BDI and Cape shows a positive trend week over week.
The Baltic Exchange, track ...
Friday, 12 May 17
U.S. COAL PRODUCTION DOWN AGAIN WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 13.3 million short tons ...
Friday, 12 May 17
SLOW AND UNEVENTFUL WEEK FOR THE PANAMAX MARKET
Supramax
In the Atlantic, only USG were showing some improvement, where pet-coke cargoes to India was fixed in the range of 19-23k daily and to C ...
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Showing 2046 to 2050 news of total 6871 |
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- Central Java Power - Indonesia
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- ASAPP Information Group - India
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
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