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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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Tuesday, 01 June 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.02 PCT - XINHUA
China Taiyuan coal transaction price index stood at 160.06 points Monday, down 0.02 percent week on week.
The index, released by Chi ...
Tuesday, 01 June 21
BUMA PRODUCED 11.4 MILLION TONNES OF COAL IN 4Q 2020, 5% LOWER COMPARED TO 12.2 MILLION TONNES IN 4Q 2019
PT Delta Dunia Makmur Tbk. presents its newsletter with consolidated financial and operating results that include its primary and wholly-owne ...
Sunday, 30 May 21
PAKISTAN IS PLANNING TO END COAL IMPORTS, WORSENING OUTLOOK FOR SOUTH AFRICAN COAL - IEEFA
The growing and irreversible risks being faced by South African coal exporters
As Thungela Resources’ CEO attempts to talk up ...
Sunday, 30 May 21
G7 COAL FINANCE EXIT AND WHY IT MATTERS FOR INDIA - IEEFA
While India doesn’t rely on export credit finance to fund new coal plants, there are material implications
The commitment by the Group o ...
Saturday, 29 May 21
SKULD’S IMO 2020 SULPHUR CAP EXPERIENCE
More than a year has passed since the International Maritime Organization (IMO) mandate for the 0.50% sulphur cap for marine fuel (MARPOL Annex VI) ...
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- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
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