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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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Wednesday, 24 November 21
WHY THIS MINING ANALYST IS UPBEAT ON THE IRON ORE PRICE FORECAST - MOTLEY FOOL
In many ways, 2021 can be called the year of the iron ore price. Much of the talk of the ASX town this year has revolved around this key economic m ...
Wednesday, 24 November 21
PRICE OF CHINA’S COAL FUTURE DROPS BY 60% AS NATIONWIDE DAILY OUTPUT REACHES OVER 12 MILLION TONS: NDRC - GLOBAL TIMES
China’s daily coal output has now stabilized after reaching over 12 million tons and the price of coal futures has declined to 800 yuan ($125 ...
Friday, 19 November 21
CHINA: COAL SUPPLIES TO STABILIZE FOR COMING COLD SEASON
China is capable of ensuring stable coal supplies this winter and next spring with the increase in coal production and the rising stockpiles at pow ...
Wednesday, 17 November 21
MARKET INSIGHT - INTERMODAL
It has been another declining week for the dry bulk market and evidently, we are seeing asset values gradually losing momentum as well. Following a ...
Tuesday, 16 November 21
EARNINGS RECOVERY IN INDONESIAN COAL TO CONTINUE THROUGH 2021, BUT SLOW IN 2022 - FITCH RATINGS
The recovery in the operating and financial performance of Indonesian coal miners and coal contractors is likely to slow in 2022, but coal prices s ...
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- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
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