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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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Saturday, 05 June 21
IT'S TIME FOR THE BIDEN ADMINISTRATION TO CHAMPION RENEWABLE ENERGY IN THE PHILIPPINES, NOT NUCLEAR OR FOSSIL GAS - IEEFA
Fossil gas and nuclear investments risk locking in costly, outdated infrastructure for the long-term
The United States has spent the ...
Friday, 04 June 21
NEW COAL-FIRED POWER PLANTS IN INDIA WILL BE ECONOMICALLY UNVIABLE - IEEFA
Coal capacity additions face major stranded asset risk
Much of India’s 33 gigawatts (GW) of coal-fired power capacity currently under co ...
Thursday, 03 June 21
JUNE HBA IS HITTING ABOVE $100 AND SETTLED AT ITS HIGHEST SINCE OCTOBER 2020
COALspot.com: The Indonesia coal price reference for June 2021 settles at US$ 100.33 per ton FOB vessel.
The Indonesia coal pr ...
Wednesday, 02 June 21
INDONESIA RV WAS DOWN TO LOW/MID $20,000S DAY FOR PANAMAX/KAMSARMAX WITH DELIVERY S CHINA - BANCHERO COSTA
Panamax
A softening week in the Pacific basin with rates under a downward pressure mainly caused by the oversupply of tonnage in the area, said ...
Wednesday, 02 June 21
EUROPEAN UNION'S IRON ORE IMPORTS - BANCHERO COSTA
The European Union (27) is currently the fourth largest importer of iron ore in the world, after China, Japan, and South Korea.
Euro ...
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- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- PTC India Limited - India
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
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