We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 31 October 19
SE ASIA MAY BECOME NET FOSSIL FUEL IMPORTER IN COMING YEARS - IEA
 Southeast Asia is set to become a key driver of world energy trends over the next 20 years as its energy demand grows at twice the global average, reflecting the region’s economic rise but also increasing the challenges for its policy makers, according to a new report by the International Energy Agency.
Southeast Asia Energy Outlook 2019 finds encouraging indications in many areas, but also some warning signs in terms of the security and sustainability of energy systems. The report, part of the IEA’s flagship World Energy Outlook series, was released alongside two other studies focused on the region: The Future of Cooling in Southeast Asia and ASEAN Renewable Energy Integration Analysis.
The content of the reports reflects the priorities of senior energy leaders in Southeast Asia. In 2018, energy ministers from the Association of Southeast Asian Nations (ASEAN) called for “stronger institutional ties” between ASEAN and the IEA, and requested the Agency’s assistance in several specific areas, including regional power trade, renewables integration, cooling efficiency and investment. These topics are all examined in detailed deep dives in the new reports. Keisuke Sadamori, the IEA’s Director of Energy Markets and Security, is presenting the report today at the 3rd Singapore-IEA Forum, part of Singapore International Energy Week.
Southeast Asia Energy Outlook 2019 and the two accompanying reports are a demonstration of the IEA’s ever deepening ties with Southeast Asia and ASEAN member states. The IEA has expansive work programmes with nations across the region, notably Indonesia, Thailand and Singapore, which are IEA Association countries. ASEAN identified the IEA as “a key strategic partner” this year, putting it in a unique position to work with and assist the region. The agency’s collaboration with national governments and ASEAN takes place across a wide range of energy issues such as energy efficiency, investment, power systems, energy security and data.
“Southeast Asia is set to have a major impact over the next two decades, adding the equivalent of Japan’s entire energy system to global demand. This rapid growth underscores the importance of Southeast Asian countries’ energy policies for their citizens but also for the world,” said Dr Fatih Birol, the IEA’s Executive Director.
“As a key strategic partner of ASEAN, the IEA aims to help the region tackle its energy challenges across all fuels and all technologies, including through the insights provided in these latest reports,” Dr Birol said.
According to Southeast Asia Energy Outlook 2019, the region is well on the way to achieving universal access to electricity by 2030. Millions of people in Southeast Asia have gained access to electricity since 2000, yet some 45 million there are still without it today. Meanwhile, rising fuel demand has outpaced production from within the region, meaning Southeast Asia is now on a path to becoming a large net importer of fossil fuels – mostly oil – with an annual energy trade deficit that balloons to more than USD 300 billion by 2040 under today’s policy settings. As well as being extremely costly, this raises energy security concerns as the region becomes ever more dependent on fluctuations in global energy markets and more vulnerable to unpredictable geopolitical events.
Since 2000, Southeast Asia’s 80% increase in overall energy demand has largely been met by a doubling in fossil fuel use. Oil is the largest element in the regional energy mix, and coal – largely for power generation – has been the fastest growing. This has underpinned the region’s development and industrial growth, but has also made air pollution a major risk to public health and driven up energy-related CO2 emissions.
Investment in renewables is starting to pick up: renewable capacity is expected to expand by more than one-third over the next five years, led by solar PV and hydropower. However, without additional changes in policy intentions, renewable sources of power generation would account for only around one-third of the increase in electricity demand to 2040, according to the new Outlook.
Based on today’s policy settings, Southeast Asia’s overall energy demand is set to grow by 60% between now and 2040. All fuels and technologies play a part in meeting the projected increase: oil demand surpasses 9 million barrels per day (mb/d) by 2040, up from just above 6.5 mb/d today. Coal demand rises steadily.
If the region continues on this track, the consequences would be troubling. The number of annual premature deaths associated with outdoor and household air pollution is projected to rise to more than 650 000 by 2040, up from an estimated 450 000 in 2018. The projected growth in fossil fuel consumption would drive a two-thirds rise in CO2 emissions, reaching almost 2.4 billion tonnes in 2040.
Steering the region on to a healthier and more sustainable path would require concerted action across all parts of the energy sector, driven by a major increase in investment that includes significantly higher private sector financing.
The four essential pillars of this shift would be:
-
Massively scaling up the deployment of renewables, which can be helped by greater integration of regional power systems and by leveraging the region’s modern bioenergy potential in a sustainable manner;
-
Putting a major focus on improving energy efficiency, especially in fast-growing sector such as cooling and road transport;
-
Phasing out fossil fuel consumption subsidies in order to spur more sustainable energy consumption and investment decisions;
-
Tackling legacy issues, most notably by addressing emissions from the least-efficient coal plant. Carbon capture, utilisation and storage is a vital technology option to reduce emissions from the power sector and from industry.
The IEA will continue to offer the data, analysis and real-world solutions to help countries in the region achieve their energy policy objectives.
Source: IEA
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 04 November 19
COAL INDIA'S OCTOBER PRODUCTION MAY FALL 20% - PTI
Coal India’s production in October is likely to be 19-20 per cent lower at about 40 million tonne, as compared to 49.77 million tonne produce ...
Monday, 04 November 19
PANAMAX: WEAKER SENTIMENTS CONTINUED FROM LAST WEEK, WITH RATES FURTHER SOFTENING IN BOTH BASINS - BALTIC BRIEFING
Capesize
The Capesize market meandered slightly upwards this week before giving back much of its gains mid-week. Opening the week at $24,945, t ...
Thursday, 31 October 19
U.S. COAL-FIRED POWER PLANTS SCHEDULED TO SHUT - REUTERS
U.S. power companies expect to retire or convert from coal to gas over 13,800 megawatts (MW) of coal-fired plants in 2019 after shutting over 13,30 ...
Monday, 28 October 19
ULTRAMAX: ASIA RATES REMAINED UNDER PRESSURE WITH THE NORTH LACKING FRESH ENQUIRY - BALTIC BRIEFING
Capesize
The end of the week brought about a small increase in sentiment heading into a long weekend for some regions. After sustaining a drop ...
Thursday, 24 October 19
AUSTRALIA'S HOPES TO EXPAND COAL EXPORTS IN SOUTH-EAST ASIA 'DELUSIONAL', EXPERTS SAY - THE GUARDIAN
The number of new coal-fired power plants starting construction across south-east Asia has fallen markedly over the past two years as Australia has ...
|
|
|
Showing 1296 to 1300 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Planning Commission, India
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Mjunction Services Limited - India
- White Energy Company Limited
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
|
| |
| |
|
