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Sunday, 21 February 21
EDITORIAL: TIME FOR BANGLADESH TO FOCUS ON RENEWABLE ENERGY, NOT COAL - DHAKA TRIBUNE
Shifting away from coal is not only desirable, but absolutely necessary in these times.
In spite of being detrimental to environment, coal has long been seen as the most affordable option to meet our energy goals. As a nation with ambitious growth targets, our energy needs are tremendous, and in this pursuit for growth, sustainability often gets forgotten.
But a lot has changed in the past year, and the financing scenario is no longer what it used to be. Coal is now a much less attractive option than it was before for Bangladesh: There has been a wave of cancellations of coal power all over South Asia and Southeast Asia — in the face of mounting public pressure against projects that harm the climate and global biodiversity, banks are less willing to fund coal, and are becoming more committed to renewable energy.
This is not merely an issue of green-house gas emissions and the damage to the environment that is the problem — for a long time, experts had been warning that coal power expansion in this region risked overcapacity, asset stranding, and wasted capital.
It is great to see that as Bangladesh reconsiders many of its coal power projects, other South and Southeast Asian countries are following our lead in this coal power capping. While some who had their hearts set on coal power will be disappointed, there is no denying that shifting away from coal is not only desirable, but absolutely necessary in these times.
Climate change is the biggest global emergency we are facing, and to move forward, we simply cannot ignore the realities we face. It is time to explore clean and renewable energy more thoroughly, so that as we move forward in our development journey, we do so ethically and responsibly.
Source: Dhaka Tribune
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Tuesday, 22 December 20
SOUTHEAST ASIA'S COAL DEMAND IS SET TO EXPAND AFTER THE PANDEMIC-INDUCED HIATUS IN 2020 - IEA
Coal consumption in Southeast Asia has more than doubled in the last decade, with the largest growth in Indonesia and Viet Nam, followed by Malaysi ...
Tuesday, 22 December 20
COAL DEMAND IS RISING QUICKLY IN PAKISTAN AND MORE SLOWLY IN BANGLADESH - IEA
Pakistan had 150 MW of installed coal power capacity in 2015. Since 2017, in addition to a few small plants for industry, Pakistan has commissioned ...
Tuesday, 22 December 20
AFRICA PERSPECTIVE INDICATES NO MAJOR SHIFTS FOR COAL CONSUMPTION - IEA
Overall countries on the African continent consumed 197 Mt of coal in 2019, 12 Mt less (-6%) than 2018.
South Africa, the continent& ...
Monday, 21 December 20
COAL PRICES WITHSTAND DESPITE COVID-19 AND CHINESE IMPORT QUOTAS - IEA
Coal prices vary by region as well as by grade and quality. The price rebound starting in 2016 ended in 2018, moving in a downward trend in 2019. A ...
Monday, 21 December 20
COAL'S PARTIAL RECOVERY IS SET TO FADE AFTER 2021 - IEA
Global coal consumption is estimated to have fallen by 7%, or over 500 million tonnes, between 2018 in 2020. A decline of this size over a two-year ...
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- Tata Chemicals Ltd - India
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- The Treasury - Australian Government
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- Pipit Mutiara Jaya. PT, Indonesia
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- White Energy Company Limited
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- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
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- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
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- Commonwealth Bank - Australia
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- Chamber of Mines of South Africa
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- Ministry of Transport, Egypt
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- Australian Coal Association
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- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
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- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
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- Xindia Steels Limited - India
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- Economic Council, Georgia
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