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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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Wednesday, 20 October 21
MARKET INSIGHT - INTERMODAL
IMO 2020, Ballast Water Treatment regulations, Green Recycling, GHG emissions, EEXI, CII, ETS, Fit for 55, Carbon price/levy, the Poseidon Principl ...
Tuesday, 19 October 21
SPONGE IRON SECTOR MIGHT REPORT NEGATIVE GROWTH DUE TO COAL CRISIS: SIMA - PTI
The domestic sponge iron industry might report a negative growth in the ongoing December quarter “if the shortage of coal is allowed to conti ...
Tuesday, 19 October 21
COAL INDIA, THE FALL GUY FOR POWER CRISIS - INDIA EXPRESS
The post-Covid economic recovery has led to a major increase in the demand for power, both in India and globally. In India, coal-based power plants ...
Saturday, 16 October 21
SOLAR INSTALLATION SURGE PUTS INDIA ON TRACK TO CAP COAL-FIRED POWER AS EARLY AS 2024 - IEEFA
Recent increase in solar power installations could push coal to peak sooner than expected
If India keeps installing solar capacity a ...
Saturday, 16 October 21
DESPITE HIGHER COAL PRICES, U.S. COAL RECOVERY LOOKS WEAK BY MOST MEASURES - IEEFA
U.S. coal sector is locked into a long-term sectoral decline
Coal prices have surged to the highest level in years in the U.S., and have soare ...
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- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- Planning Commission, India
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- The University of Queensland
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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