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Thursday, 25 March 21
EUROPE PASSES MILESTONE WITH HALF OF COAL PLANTS CLOSED OR SET TO RETIRE BY 2030 - EURACTIV
Half of Europe’s 324 coal-fueled power plants have either closed or announced a retirement date before 2030, it emerged on Monday (22 March) when French power utility EDF announced the 162nd plant will close in 2022.
EDF’s planned closure of the West Burton coal-fueled power plant in the north of England – one of two remaining in Britain – means half of Europe’s coal plants will have closed by 2030.
“We are in the endgame for the coal industry in Europe,” said Kathrin Gutmann, campaign director at Europe Beyond Coal, an alliance of civil society groups campaigning to phase-out coal. “After years of unrelenting decline, half of Europe’s coal fleet is history. Governments, energy companies and financial institutions must now plan for a 2030 or earlier coal exit, end all funding flows to coal and fossil gas, and instead, direct their support to sustainable renewables, and the just transition of impacted communities,” she added.
Coal is in sharp decline across Europe, including the UK, Western Balkans and Turkey. Over the last five years, Europe has seen 50% of its coal-fired power plants close or commit to closing. Since 2016, coal power generation has declined by just over half.
Burning coal has become increasingly expensive, partly thanks to the emissions trading scheme (ETS), which has seen the price of emitting CO2 from EU power plants increase from €5 per tonne of CO2 to almost €40/t since 2016.
EU financial institutions have also introduced nearly 40 coal-restricting policies in 2020 alone and many commercial banks have announced plans to terminate project finance for new coal projects across the world.
Euractiv - Kira Taylor
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Monday, 29 March 21
MOODY'S: OUTLOOK FOR GLOBAL METALS AND MINING INDUSTRY TURNS POSITIVE ON HIGHER EBITDA IN PANDEMIC'S WAKE
- Demand for steel, iron ore and copper will rise, while aluminum, nickel and zinc will remain in surplus
- EBITDA is expected to ...
Thursday, 25 March 21
'OMNIBUS LAW' REGULATION ON INDONESIA’S ENERGY AND MINING SECTORS TO BOOST COAL PROCESSING BUT ALSO RAISES QUESTIONS - ABNR
February 2021 saw the issuance of a raft of new government regulations to give effect to the reformist Job Creation Law (colloquially known as the ...
Thursday, 25 March 21
PROPOSED SWITCH FROM COAL TO LNG THREATENS RENEWABLE ENERGY DEVELOPMENT IN ASIA - IEEFA
Renewables offer an ever cheaper, financially sustainable and energy secure alternative, better able to support developing nations
A ...
Thursday, 25 March 21
MAJOR INVESTMENT ADVISORS BLACKROCK AND MEKETA PROVIDE A FIDUCIARY PATH THROUGH THE ENERGY TRANSITION - IEEFA
BlackRock and Meketa say divestment from fossil fuels improves, not weakens, investment returns
Two major financial management firms ...
Wednesday, 24 March 21
MARKET INSIGHT - INTERMODAL
Since the start of the pandemic, the shipping industry has efficiently responded to ensure the continuity of operations and hence the security of s ...
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- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Australian Coal Association
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- PTC India Limited - India
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- The University of Queensland
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
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