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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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Monday, 14 June 21
'WISHFUL THINKING': WHY CHINA NEEDS AUSTRALIAN IRON ORE FOR 'MANY YEARS' TO COME - YAHOO FINANCE AU
A “wintry period”.
That’s what’s expected to happen to Australia’s economy “when” China st ...
Sunday, 13 June 21
COAL AND LNG’S SURGE IN ASIA PLAYS INTO RENEWABLE ENERGY HANDS - REUTERS
Liquefied natural gas (LNG) and thermal coal prices in Asia have been roaring ahead in recent months amid strong demand, but while welcome news for ...
Friday, 11 June 21
5 REASONS GLOBAL SHIPPING COSTS WILL CONTINUE TO RISE - ING
No short-term relief
Shipping costs have been growing strongly since the autumn of 2020, but the first months of this year have seen a new surg ...
Friday, 11 June 21
ASIA COAL PRICES SURGE, BUT CHINA-AUSTRALIA DISPUTE MEANS RALLY IS UNEVEN - REUTERS
Thermal coal prices across Asia have surged to multi-year highs amid strong demand and some supply constraints, but some types of the fuel have don ...
Thursday, 10 June 21
INDONESIA COAL EARNINGS RECOVERY TO SLOW AFTER STRONG 1Q - FITCH RATINGS
Fitch Ratings expects the recovery in operating and financial performance of Indonesian coal miners and coal contractors to slow during rest of 202 ...
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- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- White Energy Company Limited
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
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