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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, 16 October 21
COAL IS 'KING' AS GAS PRICES SOAR, TOTAL CEO SAYS - AND IT’S BACKFIRING ON CLEANER ENERGY GOALS - CNBC
Surging natural gas prices have led to a jump in coal use, with plants in Europe and Asia firing back up as temperatures decline and the world grap ...
Saturday, 16 October 21
VIETNAM'S COAL-FIRED POWER MAY DOUBLE BY 2030 UNDER DRAFT ENERGY PLAN - REUTERS
Vietnam may double the amount of coal-fired electric generation it installs by 2030 under a draft power development plan submitted to the prime min ...
Friday, 15 October 21
AUSTRALIA'S WHITEHAVEN EXPECTS TO BE DEBT-FREE NEXT YEAR AS COAL PRICES SOAR - REUTERS
Australia’s Whitehaven Coal WHC.AX said on Thursday it expects to be debt-free by early 2022, as thermal coal prices surge to record highs on ...
Friday, 15 October 21
WINTER CHILL KEEPS CHINA'S COAL PRICES HIGH, POWER CRUNCH STOKES INFLATION - REUTERS
China coal prices held near record highs on Thursday as cold weather swept into the country’s north and power plants stocked up on the fuel t ...
Friday, 15 October 21
GLOBAL STEEL DEMAND GROWTH DOWNGRADED FOR 2021 DUE TO CHINA - WORLD STEEL ASSOCIATION
The World Steel Association (worldsteel) today released an update of its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that ste ...
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- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Marubeni Corporation - India
- Australian Coal Association
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
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