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Wednesday, 17 February 21
STRANDED ASSETS A LONG-TERM RISK FOR MAJOR FOSSIL FUEL EXPORTERS - FITCH RATINGS
 Fossil exporters face a loss of GDP, government revenue and export receipts from the transition to a lower-carbon economy over the coming decades. For the most-exposed sovereigns and those that do not adequately prepare for it, climate change stranded-asset risk is likely to lead to rating downgrades as the effects become clearer, closer and more material, Fitch Ratings says in "Climate Change 'Stranded Assets' Are a Long-Term Risk for Some Sovereigns" report.
The report further noted, the extent and speed of the decline in demand for fossil fuels is uncertain. Excess potential global supply will weigh on prices, potentially compounding the loss from lower volumes. Coal will face a faster and fuller loss of market than oil and particularly gas. High-cost producers will be squeezed out first. Sovereigns with strong balance sheets and potential to diversify their economies are better-placed. Political instability and rising financing costs could amplify challenges.
Under a plausible scenario, the transition would be a similar shock to oil revenue as occurred in 2013-2016 and again in 2018-2020. During this period two oil exporters defaulted and a further three were downgraded by at least four notches. Being much slower, it would give sovereigns more capacity to adjust, but it would be permanent. A simulation on Fitch's Sovereign Rating Model suggests it could lead to a fall in the SRM output by around one rating notch by 2040 and two to three notches by 2050 for a major oil exporter, Fitch Ratings says in its new report.
Ratings typically place more weight on current developments and we will be more circumspect in taking forward-looking rating actions the more distant and uncertain are future events, said Fitch Ratings.
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Sunday, 11 July 21
COAL SHOWS ITS STAYING POWER AS ECONOMIES BOUNCE BACK - THE WALL STREET JOURNAL
Coal use is surging in some of the world’s largest economies as electricity demand rebounds from the pandemic, illustrating the challenges to ...
Sunday, 11 July 21
ROBUST CHINA COAL DEMAND AMID AUSTRALIA IMPORT BAN FUELS PRICE RALLY - REUTERS
Seaborne coal has become a quiet winner among energy commodities, lacking the attention of higher-profile crude oil and liquefied natural gas (LNG) ...
Saturday, 10 July 21
OVERESTIMATED LCOES OF COAL-FIRED POWER PLANTS CREATE A FINANCIAL BUBBLE - IEEFA
Massive stranded asset risk detrimentally affects the financial and power distribution
India’s future coal-fired power project pipeline ...
Friday, 09 July 21
EIA FORECASTS COAL’S GENERATION SHARE IN U.S TO RISE FROM 20% IN 2020 TO 24% THIS YEAR BUT TO FALL TO 22% NEXT YEAR
The July Short-Term Energy Outlook (STEO) of EIA remains subject to heightened levels of uncertainty related to the ongoing economic recovery from ...
Friday, 09 July 21
KOREA SOUTH-EAST POWER CO., LTD. INVITES BIDS FOR 1.86 MILLION TONS OF COAL OF 5600 & 4000 NCV COAL FOR THREE YEARS
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 280,000 – 300,000 MT of Min. ...
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- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- PTC India Limited - India
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
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