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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
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Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.
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Friday, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...
Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...
Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
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Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE
Summary
In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...
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Showing 16 to 20 news of total 6846 |
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- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- London Commodity Brokers - England
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- MS Steel International - UAE
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
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