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Tuesday, 11 April 23
COAL USE CLIMBS WORLDWIDE DESPITE PROMISES TO SLASH IT - AAP
The burning of coal for electricity, cement, steel and other uses went up in 2022 despite global promises to phase down the fuel that is the biggest source of planet-warming gases in the atmosphere, a report has found.
The coal fleet grew by 19.5 gigawatts last year, enough to light up 15 million homes, with nearly all newly commissioned coal projects in China, according to a report by Global Energy Monitor (GEM), an organisation that tracks a variety of energy projects around the globe.
That one per cent increase comes at a time when the world needs to retire its coal fleet four-and-a-half times faster to meet climate goals, the report says.
In 2021, countries around the world promised to phase down the use of coal to help achieve the goal to limit warming to 1.5 C.
“The more new coal projects come online, the steeper the cuts and commitments need to be in the future,” said Flora Champenois, the report’s lead author and the project manager for GEM’s Global Coal Plant Tracker.
New coal plants were added in 14 countries and eight countries announced new coal projects. China, India, Indonesia, Turkey and Zimbabwe were the only countries that both added new coal plants and announced new projects.
China accounted for 92 per cent of all new coal project announcements.
China added 26.8GW and India added about 3.5GW of new coal power capacity to their electricity grids. China also gave clearance for nearly 100GW of new coal power projects with construction likely to begin this year.
But “the long term trajectory is still towards clean energy”, said Shantanu Srivastava, an energy analyst with the Institute for Energy Economics and Financial Analysis who is based in New Delhi.
In Europe, where the Russian invasion of Ukraine meant a scramble for alternative energy sources and droughts stifled hydropower, the continent only saw a very minor increase in coal use.
Others went the other way. There were significant shutdowns in the US, where 13.5GW of coal power was retired. It is one of 17 countries that closed up plants in the past year.
With nearly 2500 plants around the world, coal accounts for about a third of the total amount of energy installation globally. Other fossil fuels, nuclear energy and renewable energy make up the rest.
To meet climate goals set in the 2015 Paris Agreement, coal plants in rich countries need to be retired by 2030 and coal plants in developing countries need to be shut down by 2040, according to the International Energy Agency.
That means about 117GW of coal needs to be retired every year, but only 26GW was retired in 2022.
“At this rate, the transition away from existing and new coal isn’t happening fast enough to avoid climate chaos,” Champenois said.
Source: AAP (Australian Associated Press)
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Tuesday, 23 May 23
INDIA: COAL OUTPUT UP 8.9%, SUPPLY RISES 11.7% IN APRIL - FINANCIAL EXPRESS
India’s coal production jumped 8.85% to 73.14 million tonne (MT) in April 2023 and the total coal despatch during the month went up 11.66% to ...
Tuesday, 23 May 23
CHINA COAL OUTPUT UP 4.5 PCT IN APRIL - XINHUA
China’s raw coal output posted stable expansion in April, official data showed.
The country produced 380 million tonnes of raw ...
Saturday, 20 May 23
NON-OPEC OIL SUPPLY DEVELOPMENT - OPEC
In 2022, non-OPEC supply is estimated to have increased by 1.9 mb/d y-o-y. Out of this, US liquids production increased by 1.2 mb/d, mainly on the ...
Saturday, 20 May 23
GLOBAL COAL TRADE HAS REALLY PICKED UP PACE IN RECENT MONTHS, NOW FULLY BACK TO PRE-COVID LEVELS - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels. In Jan-Apr 2023, total global seaborne coa ...
Saturday, 20 May 23
MARKET INSIGHT - INTERMODAL
India is one of the world's largest coal producers and one of the world's largest importers of coal. The country uses coal mainly for power ...
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Showing 101 to 105 news of total 6871 |
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- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Independent Power Producers Association of India
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
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