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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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- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- The University of Queensland
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
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