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Wednesday, 21 April 21
COAL FINANCING COSTS HAVE SURGED IN PAST 10 YEARS - UNIVERSITY OF OXFORD - THE GUARDIAN
Coal financing costs have surged over the last decade as investors demand returns four times as high as the payoff required from renewable energy projects to justify the risk of investing in fossil fuels, as the world moves towards cleaner energy sources.
A University of Oxford study found that over the same period the cost of investing in renewable energy sources, such as windfarms and solar arrays, has tumbled as the clean energy technologies prove they can be cost-effective and lucrative investments.
The research analysed the cost of financing energy projects by tracking the “loan spreads” offered by lenders which determine how high they expect their returns to be to cover the risk of investing.
Investors typically require wind and solar energy projects to make returns of at least 10% to 11% to account for the low risk of the investment. But for investments in coal, returns need to rocket to 40% to justify the rising risk that a high-polluting project might be left stranded as governments ramp up their climate action ambitions.
The report collated financing costs for renewable energy over a five-year period from 2010 to 2014 compared with loan costs between 2015 and 2020. It found that the cost of financing solar farms has fallen by 20%, while the cost of financing onshore and offshore windfarms has fallen by 15% and 33%, respectively.
But investors are demanding higher returns from coal projects, which has caused their financing costs to climb. Loan spreads for power stations and coal mines have increased sharply, at 38% and 54%, respectively.
Source: The Guardian
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Friday, 13 August 21
INDONESIA’S COAL EXPORTS TO JAPAN DECLINED BY -26.3% YOY TO 11.9 MLN TONNES IN THE FIRST 7 MONTHS OF 2021; STILL THE SECOND LARGEST SOURCE FOR JAPAN’S COAL IMPORTS IS INDONESIA - BANCHERO COSTA
2020 proved to be a truly terrible year for global seaborne coal trade. Total global loadings in the 12 months of 2020 were down -12.7% year-on-yea ...
Thursday, 12 August 21
ONLY 3 VLCCS SOLD FOR DEMOLITION IN 2021 AS SECONDHAND PRICES TEMPT - BIMCO
During the first seven months of 2021, only three actively trading Very Large Crude Carriers (VLCCs) have been sold for demolition. The current mar ...
Wednesday, 11 August 21
U.S: EIA EXPECTS COAL EXPORTS TO TOTAL 90 MMST IN 2021, 30% INCREASE FROM 2020
Coal production in EIA's forecast totals 607 million short tons (MMst) in 2021, an increase of 13% over 2020.
EIA is also ...
Wednesday, 11 August 21
MARKET INSIGHT - INTERMODAL
Energy is at the core of the global climate dialogue as the climate challenge is essentially an energy challenge. Policy experts around the world a ...
Tuesday, 10 August 21
34 INDONESIAN COAL COMPANIES TEMPORARILY BANNED FOR COAL EXPORTS
The Ministry of Energy and Mineral Resources (ESDM) has imposed sanctions in the form of a coal export ban for 34 coal companies as reported by CNB ...
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- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- PTC India Limited - India
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- The University of Queensland
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
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