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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, 08 July 21
STRONGEST HALF YEAR FOR SHIPPING MARKETS SINCE 2008 - CLARKSONS
A year on from peak trade disruption, we update our half year report for the shipping industry profiling a strong recovery and some exceptional ind ...
Tuesday, 06 July 21
INDONESIA COAL PRICE REFERENCE RISES TO 112 MONTHS HIGH IN JULY 2021; 121.15% HIGHER COMPARED TO THAT IN JULY 2020 PRICE
COALspot.com: The Indonesia coal price reference for July 2021 fixed at US$ 115.35 per ton FOB vessel.
The Indonesia coal price referenc ...
Tuesday, 06 July 21
INDONESIAN COAL EXPORTS FELL BY 37% YOY IN 1Q21 DUE TO ADVERSE WEATHER CONDITIONS - FITCH RATINGS
Chinese coal imports declined by 25% yoy in 5M21as a result of both restrictions on Australian coal and the high base in 2020. Import volume in Jan ...
Tuesday, 06 July 21
INDONESIAN 4,200 INDEX HAS ALSO INCREASED TO OVER USD50 PER TONNE SINCE MAY THIS YEAR REFLECTING STRONG CHINESE IMPORT DEMAND - FITCH RATINGS
Price Surge Since March
APAC thermal coal has resumed its price surge since March this year. The benchmark Newcastle 6,000kcal/kg grade c ...
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 ...
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- GMR Energy Limited - India
- Anglo American - United Kingdom
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- ASAPP Information Group - India
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
- Petrochimia International Co. Ltd.- Taiwan
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