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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, 25 October 21
CHINA VOWS TO SEVERELY PUNISH MARKET VIOLATIONS AMID LOW COAL FUTURES PRICES - GLOBAL TIMES
Domestic coal futures had plunged for three consecutive trading days after the government vowed to crack down on soaring prices, and China’s ...
Monday, 25 October 21
FARMERS MAY JOIN THE COAL COMMODITY MARKET TO REDUCE RISKS - GLOBAL TIMES
A recent trip to by the Global Times to East China’s Shandong Province to get a glimpse of China’s coal supply chain revealed a surpris ...
Monday, 25 October 21
CHINA COAL PRICES MARK WORST WEEK SINCE MAY ON GOVERNMENT INTERVENTION - REUTERS
China’s thermal coal futures plunged on Friday and turned in their worst week in five months, following Beijing’s strongest interventio ...
Friday, 22 October 21
THE BIG PICTURE: ENERGY MARKETS - BREAK WAVE ADVISORS
The shipping markets have been pulled further into wild markets of coal and other energy sources. Given how nebulous this sector is, it’s alw ...
Friday, 22 October 21
CHINA WANTS TO COOL COAL PRICES. SIMILAR MOVES FOR METALS, CRUDE FAILED - REUTERS
China’s latest attempt to lower runaway commodity prices, this time for thermal coal, is likely to follow a familiar pattern of initial succe ...
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- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- White Energy Company Limited
- Trasteel International SA, Italy
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Karbindo Abesyapradhi - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Minerals Council of Australia
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