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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, 27 September 21
CHINESE COAL FIRMS MEET TO ADDRESS WINTER SUPPLY CHALLENGES - CNBC
Major Chinese coal producers are trying to resolve supply shortages and curb price rises as the country’s winter consumption peak approaches, ...
Saturday, 25 September 21
HIGH STAKES FOR ASIAN DEVELOPMENT BANK’S AMBITIOUS COAL POWER RETIREMENT PLAN - IEEFA
Implementation challenges could block funding for other equally important high impact clean energy funding strategies
In the lead up ...
Thursday, 23 September 21
LONGER COAL CONTRACTS MAY REIN IN PRICES - ECNS
In China’s coal sector that has been marred recently by price surges, regional authorities and related enterprises should ensure the fuel con ...
Thursday, 23 September 21
BALTIC INDEX HITS 12-YEAR PEAK ON FIRMER VESSELS RATES - REUTERS
The Baltic Exchange’s main dry bulk sea freight index rose for a fourth straight session on Wednesday to a 12-year high, buoyed by higher rat ...
Thursday, 23 September 21
RECORD-HIGH GAS PRICES AFFECT MANY EUROPEAN CORPORATE SECTORS - FITCH RATINGS
Record-high natural gas prices are putting pressure on supply chains of many European corporate sectors, including non-integrated energy suppliers, ...
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- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- MS Steel International - UAE
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
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