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Friday, 12 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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Tuesday, 26 October 21
ENERGY CRISIS SHOWS COAL IS AN EXPENSIVE AND UNRELIABLE SOURCE OF ELECTRICITY GENERATION - IEEFA
Any knee-jerk reaction that urges more investment in coal completely misses the point
India is teetering on the brink of joining a growing glo ...
Tuesday, 26 October 21
CHINA TO INVESTIGATE ENERGY INDEX PROVIDERS IN BID TO TAME COAL PRICES - REUTERS
China said on Monday it will investigate energy price index providers as it urged coal industry participants to “strictly” meet contrac ...
Tuesday, 26 October 21
THERE IS PLENTY OF COAL AND GAS IN THE WORLD BUT A VOLATILE MARKET IS NOBODY'S FRIEND - IEEFA
Gas will be winding its way out of the energy system
Gas prices are continuing to surge around the world. The cost of gas is at unpr ...
Tuesday, 26 October 21
AUSTRALIA EXPORTED 51.6 MLN TONNES OF COAL TO INDIA IN FIRST 10 MONTHS, 19% OF ALL AUSTRALIAN COAL EXPORTS; CHINA WAS THE DESTINATION FOR JUST 0.7% - BANCHERO COSTA
2020 proved to be a truly terrible year for global seaborne coal trade. In 2021 things started pretty badly, but we are seeing increasing signs of ...
Monday, 25 October 21
A QUESTION OF POSSESSION - THE BALTIC EXCHANGE
Possession and tangibility are closely related concepts long established under English law. Yet a change to these concepts is around the corner. Th ...
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- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- The University of Queensland
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
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