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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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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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- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- The University of Queensland
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- ICICI Bank Limited - India
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