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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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Saturday, 30 October 21
CHINA'S COAL PRICES SEE BIGGEST WEEKLY FALL IN MORE THAN 5 YEARS - REUTERS
China’s coal futures prices saw their biggest fall in more than five years after the powerful state planner said there is still room to adjus ...
Saturday, 30 October 21
G-20 LEADERS PREPARE STATEMENT TO STOP FUNDING FOREIGN COAL PLANTS - BLOOMBERG
Leaders of the Group of 20 wealthy economies are preparing to pledge to stop funding foreign coal-fired plants, but are still wrangling over climat ...
Friday, 29 October 21
APAC THERMAL COAL SUPPLY TO REMAIN TIGHT AS WINTER LOOMS - FITCH RATINGS
APAC thermal coal prices have surged, hitting historically high levels. The benchmark Newcastle 6,000kcal/kg grade coal reached USD228/tonne in mid ...
Thursday, 28 October 21
CANADA BAN ON SHIPPING COAL WOULD EQUAL SCRAPPING AS MANY AS 3 MILLION CARS - IEEFA
Canada ban on shipping coal would equal scrapping as many as 3 million cars
Change in Canadian policy could have major implications ...
Tuesday, 26 October 21
CHINA'S COAL-RICH SHANXI BEEFS UP COAL PRODUCTION - XINHUA
Major coal producers in north China’s Shanxi Province, a leading coal-producing region of the country, have beefed up production to ensure en ...
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- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- White Energy Company Limited
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
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