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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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Saturday, 11 September 21
RECORD CHINESE COAL FUTURES SIGNAL NEED TO BOOST OUTPUT - REUTERS
China’s coal prices have climbed to a record high, signaling the need for more production in the short term, even as the government tries to ...
Saturday, 11 September 21
IN 2022, EIA EXPECTS U.S. COAL PRODUCTION TO INCREASE BY 47 MMST TO 648 MMST
U.S. Coal production accordng to EIA's forecast, totals 601 million short tons (MMst) in 2021, 66 MMst more than in 2020, EIA's Short-Term ...
Wednesday, 08 September 21
FITCH RATINGS RAISES THERMAL COAL PRICE ASSUMPTIONS ON TIGHT SUPPLY
Fitch Ratings has increased all its Qinhuangdao 5,500kcal/kg price assumptions and short- and medium-term Newcastle 6,000kcal/kg price assumptions ...
Wednesday, 08 September 21
COAL IS STILL KING; INDONESIAN COAL PRICE REFERENCE ABOVE $150 FOR FIRST TIME IN HISTORY
COALspot.com: The Indonesian Coal Price Reference rose dramatically from US$ 127.05 in February 2011, to a peak of US$ 150.03 in September 2021, be ...
Wednesday, 08 September 21
MARKET INSIGHT - INTERMODAL
Last August was extremely hot in the dry bulk market with rates rising at levels that we have years to witness. The dry bulk index exceeded the 4,0 ...
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- CNBM International Corporation - China
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- The University of Queensland
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
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