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Wednesday, 21 April 21
COAL FINANCING COSTS HAVE SURGED IN PAST 10 YEARS - UNIVERSITY OF OXFORD - THE GUARDIAN
Coal financing costs have surged over the last decade as investors demand returns four times as high as the payoff required from renewable energy projects to justify the risk of investing in fossil fuels, as the world moves towards cleaner energy sources.
A University of Oxford study found that over the same period the cost of investing in renewable energy sources, such as windfarms and solar arrays, has tumbled as the clean energy technologies prove they can be cost-effective and lucrative investments.
The research analysed the cost of financing energy projects by tracking the “loan spreads” offered by lenders which determine how high they expect their returns to be to cover the risk of investing.
Investors typically require wind and solar energy projects to make returns of at least 10% to 11% to account for the low risk of the investment. But for investments in coal, returns need to rocket to 40% to justify the rising risk that a high-polluting project might be left stranded as governments ramp up their climate action ambitions.
The report collated financing costs for renewable energy over a five-year period from 2010 to 2014 compared with loan costs between 2015 and 2020. It found that the cost of financing solar farms has fallen by 20%, while the cost of financing onshore and offshore windfarms has fallen by 15% and 33%, respectively.
But investors are demanding higher returns from coal projects, which has caused their financing costs to climb. Loan spreads for power stations and coal mines have increased sharply, at 38% and 54%, respectively.
Source: The Guardian
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Wednesday, 30 June 21
BUMA SIGNED MINING AGREEMENT WITH ADARO
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into an agreement for the p ...
Wednesday, 30 June 21
MARKET INSIGHT - INTERMODAL
The strong freight performance since the beginning of year has continued for the dry bulk market with earnings being at the highest level in over a ...
Monday, 28 June 21
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA THREATENS TO REVOKE 2,350 MINING BUSINESS PERMITS
The Ministry of Energy and Mineral Resources said that the revocation of mining business permits was in accordance with President Jokowi's inst ...
Sunday, 27 June 21
INDONESIA'S STATE-OWNED UTILITY PLN'S 2060 NET ZERO AMBITION NOT WITHOUT FLAWS AND GAPS - IEEFA
Indonesia on the right emissions reduction pathway but same old coal stories persist
Recent announcements by Indonesia’s state-owned uti ...
Saturday, 26 June 21
COAL PRICES HIT DECADE HIGH DESPITE EFFORTS TO WEAN THE WORLD OFF CARBON - WSJ
Rebounding electricity usage and scanty rainfall in China have added fuel to the rally
Coal prices have climbed to their highest lev ...
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- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Australian Coal Association
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
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