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Thursday, 11 November 21
ASIA COAL POWER PIPELINE TO SHRINK BY TWO THIRDS AFTER CHINA FINANCE CUT - REUTERS
Asia’s pipeline of proposed coal-fired power plants is expected to shrink from 65 gigawatts to 22 gigawatts following China’s pledge to put an end to the financing of overseas projects, new research showed on Wednesday.
Excluding China and India’s domestic coal power programmes, there are now just 28 new coal-fired plants being planned across Asia, less than 30% of which have secured finance, the Centre for Research on Energy and Clean Air (CREA) and Global Energy Monitor (GEM) think tanks said in a joint report.
“Once the final bastion of coal power, Asia’s coal power sector has witnessed wave after wave of coal power plant cancellations,” said GEM’s Russell Gray. “China’s pledge to stop financing coal power plants overseas will trigger one more wave.”
The report said nearly all of Bangladesh and Sri Lanka’s planned coal-fired power plants now face cancellation, as well as 65% of Indonesia’s.
However, there are still about 43 GW of projects already under construction throughout Asia, the report estimated.
Chinese President Xi Jinping pledged to end China’s support for new overseas coal power plants during his video address to the United Nations General Assembly in September. The move meant that 99% of global development financing was now committed to the transition to clean energy.
According to the Boston University Global Development Policy Center, if all the China-financed overseas coal plants now under construction or being planned were cancelled, 646 million tonnes of annual CO2 emissions could be avoided, more than the total annual footprint of Canada.
As COP26 climate talks continue in Glasgow, China’s coal industry plans have come under increasing scrutiny.
China, the world’s biggest producer of greenhouse gases, has promised to switch to lower-carbon forms of energy, but it will only start to cut total coal consumption from 2026.
Source: Reuters
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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 ...
Monday, 09 August 21
AIIB MAY OFFICIALLY END COAL FINANCING IN 2022 - CHINA DAILY
The Asian Infrastructure Investment Bank may officially rule out coal projects if it updates its energy strategy next year, after shunning funding ...
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- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Australian Coal Association
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- New Zealand Coal & Carbon
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Planning Commission, India
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
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