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Thursday, 25 March 21
EUROPE PASSES MILESTONE WITH HALF OF COAL PLANTS CLOSED OR SET TO RETIRE BY 2030 - EURACTIV
Half of Europe’s 324 coal-fueled power plants have either closed or announced a retirement date before 2030, it emerged on Monday (22 March) when French power utility EDF announced the 162nd plant will close in 2022.
EDF’s planned closure of the West Burton coal-fueled power plant in the north of England – one of two remaining in Britain – means half of Europe’s coal plants will have closed by 2030.
“We are in the endgame for the coal industry in Europe,” said Kathrin Gutmann, campaign director at Europe Beyond Coal, an alliance of civil society groups campaigning to phase-out coal. “After years of unrelenting decline, half of Europe’s coal fleet is history. Governments, energy companies and financial institutions must now plan for a 2030 or earlier coal exit, end all funding flows to coal and fossil gas, and instead, direct their support to sustainable renewables, and the just transition of impacted communities,” she added.
Coal is in sharp decline across Europe, including the UK, Western Balkans and Turkey. Over the last five years, Europe has seen 50% of its coal-fired power plants close or commit to closing. Since 2016, coal power generation has declined by just over half.
Burning coal has become increasingly expensive, partly thanks to the emissions trading scheme (ETS), which has seen the price of emitting CO2 from EU power plants increase from €5 per tonne of CO2 to almost €40/t since 2016.
EU financial institutions have also introduced nearly 40 coal-restricting policies in 2020 alone and many commercial banks have announced plans to terminate project finance for new coal projects across the world.
Euractiv - Kira Taylor
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Tuesday, 23 March 21
LOWER WHOLESALE PRICES PUT PRESSURE ON AUSTRALIAN ENERGY RETAILERS - FITCH RATINGS
Fitch Ratings expects the low wholesale energy prices in the Australian National Energy Market to persist through to 2022, which will affect electr ...
Tuesday, 23 March 21
SCRUBBER-FITTED SHIPS NEARLY DOUBLE AS FUEL SPREAD SETTLES AT $118 PER MT - PETER SAND
As the lion’s share of the world fleet replaced high-sulphur fuel oil (HSFO) with low-sulphur fuel oil (LFSO) as a mean of propulsion to be c ...
Tuesday, 23 March 21
CHINA'S COAL OUTPUT EDGES UP IN FIRST TWO MONTHS - XINHUA
China’s raw coal output rose 25 percent year on year to 620 million tonnes in the first two months of 2021, official data showed.
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Wednesday, 17 March 21
MARKET INSIGHT - INTERMODAL
Shipping market players are familiar with the inverse correlation between the freight market and demolition activity i.e. when the market picks up ...
Friday, 12 March 21
INDIA SHOULD FOCUS ON REDUCING COAL POWER GENERATION INSTEAD OF CAPACITY - IEEFA
Nearly half of existing coal power in India is more expensive than new renewable power
To get to its ambitious climate targets, Indi ...
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- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- MS Steel International - UAE
- SMC Global Power, Philippines
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Independent Power Producers Association of India
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- The University of Queensland
- Mercator Lines Limited - India
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
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