We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 01 July 21
FIVE ASIAN COUNTRIES ACCOUNT FOR 80% OF NEW COAL POWER INVESTMENT - THE GUARDIAN
Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new coal plants, according to a report.
Carbon Tracker, a financial thinktank, has found that China, India, Indonesia, Japan and Vietnam plan to build more than 600 coal power units, even though renewable energy is cheaper than most new coal plants.
The investments in one of the most environmentally damaging sources of energy could generate a total of 300 gigawatts of energy – enough to power the UK more than three times over – despite calls from climate experts at the UN for all new coal plants to be cancelled.
Catharina Hillenbrand von der Neyen, the author of the report, said: “These last bastions of coal power are swimming against the tide, when renewables offer a cheaper solution that supports global climate targets. Investors should steer clear of new coal projects, many of which are likely to generate negative returns from the outset.”
While Asia continues to plough money into coal plants, countries across the developed world are accelerating plans to phase them out. The UK government has announced plans to bring forward the deadline for coal plants to be decommissioned by one year earlier than planned, to 2024.
The new deadline for coal power, which made up 1.5% of electricity in the last quarter of 2020, received a muted response from green groups because it will force the shutdown of only one coal plant, at Ratcliffe-on-Soar in Nottinghamshire, after the West Burton A power plant shuts in September 2022.
Alok Sharma, the president-designate of the Cop26 UN climate talks in Glasgow later this year, said the government’s “decisive step” would send a “clear signal to friends around the world that clean power is the way forward”.
“The impact of this step will be far greater if we can bring the world with us, and so our desire to support a clean and just energy transition is central to my discussions on the road to Cop26,” he said.
China is the world’s leading coal investor, with plans to increase its existing 1,100-gigawatt fleet of coal-fired power plants by another 187 gigawatts, according to the report. Carbon Tracker claims that solar and windfarms could already generate cheaper electricity than more than 85% of the country’s existing coal plants, and that by 2024 renewable energy will be able to outcompete all coal-fired power.
In India, the world’s second largest coal power generator, and Indonesia, renewable energy will also be able to outcompete coal by 2024, while in Japan and Vietnam coal will be uneconomic compared with renewables by 2022.
Source: The Guardian
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 01 July 21
WHY INDIA’S SOLAR POWER TARIFFS ARE CLIMBING AFTER HITTING RECORD LOWS LAST YEAR - IEEFA
What’s behind the recent increase?
Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2 ...
Thursday, 01 July 21
END TO COAL POWER BROUGHT FORWARD TO OCTOBER 2024
Press Release: The deadline to phase out coal from Great Britain's energy system has been brought forward by a whole year, highlighting the UK& ...
Thursday, 01 July 21
WHY BUILD 600 NEW UNPROFITABLE COAL PLANTS? - DEUTSCHE WELLE
Governments in Asia are planning 600 new coal plants that could lose investors $150 billion and derail efforts to limit temperature rise in line wi ...
Wednesday, 30 June 21
DELTA DUNIA MAKMUR RECORDED AN IMPROVED REVENUE IN Q1 2021; REVENUE INCREASED BY 49% QOQ TO US$160 MILLION ON THE BACK OF COAL PRICE RECOVERY
PT Delta Dunia Makmur Tbk. (“DOID”) released its consolidated financial and operating results that include its primary and wholly-owned ...
Wednesday, 30 June 21
BUMA SIGNED MINING AGREEMENT WITH ADARO
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into an agreement for the p ...
|
|
|
Showing 536 to 540 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
|
| |
| |
|
