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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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Thursday, 14 October 21
SPIKING COAL PRICES: DON’T BLAME THE ENERGY TRANSITION - IEEFA
Volatility highlights urgency for renewables-based energy solutions
“Energy crisis.” The phrase evokes nearly-forgotten ...
Thursday, 14 October 21
EIA FORECASTS U.S. COAL PRODUCTION TOTALS 588 MMST IN 2021, UP 53 MMST YOY
U.S. coal production in EIA's forecasts totals 588 million short tons (MMst) in 2021, 53 MMst more than in 2020.
According ...
Wednesday, 13 October 21
COAL PRICES ARE ROARING BACK AMID A GLOBAL ENERGY CRUNCH - SYDNEY MORNING HERALD
Soaring coal prices have placed Australia’s mining and energy exports on track to reach a record $349 billion this year evenas the value of t ...
Wednesday, 13 October 21
CHINA ISN'T THE ONLY HUGE ASIAN ECONOMY WITH A COAL SHORTAGE NOW - CNBC
China is not the only Asian giant grappling with an energy crunch — India is also teetering on the edge of a power crisis.
Mos ...
Wednesday, 13 October 21
MARKET INSIGHT - INTERMODAL
Following up on our insight on May 2021, where we discussed about the Capesize market outlook for the second half of the year, we are pleased to se ...
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- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Minerals Council of Australia
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- The University of Queensland
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
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