We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 01 July 21
FIVE ASIAN COUNTRIES ACCOUNT FOR 80% OF NEW COAL POWER INVESTMENT - THE GUARDIAN
Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new coal plants, according to a report.
Carbon Tracker, a financial thinktank, has found that China, India, Indonesia, Japan and Vietnam plan to build more than 600 coal power units, even though renewable energy is cheaper than most new coal plants.
The investments in one of the most environmentally damaging sources of energy could generate a total of 300 gigawatts of energy – enough to power the UK more than three times over – despite calls from climate experts at the UN for all new coal plants to be cancelled.
Catharina Hillenbrand von der Neyen, the author of the report, said: “These last bastions of coal power are swimming against the tide, when renewables offer a cheaper solution that supports global climate targets. Investors should steer clear of new coal projects, many of which are likely to generate negative returns from the outset.”
While Asia continues to plough money into coal plants, countries across the developed world are accelerating plans to phase them out. The UK government has announced plans to bring forward the deadline for coal plants to be decommissioned by one year earlier than planned, to 2024.
The new deadline for coal power, which made up 1.5% of electricity in the last quarter of 2020, received a muted response from green groups because it will force the shutdown of only one coal plant, at Ratcliffe-on-Soar in Nottinghamshire, after the West Burton A power plant shuts in September 2022.
Alok Sharma, the president-designate of the Cop26 UN climate talks in Glasgow later this year, said the government’s “decisive step” would send a “clear signal to friends around the world that clean power is the way forward”.
“The impact of this step will be far greater if we can bring the world with us, and so our desire to support a clean and just energy transition is central to my discussions on the road to Cop26,” he said.
China is the world’s leading coal investor, with plans to increase its existing 1,100-gigawatt fleet of coal-fired power plants by another 187 gigawatts, according to the report. Carbon Tracker claims that solar and windfarms could already generate cheaper electricity than more than 85% of the country’s existing coal plants, and that by 2024 renewable energy will be able to outcompete all coal-fired power.
In India, the world’s second largest coal power generator, and Indonesia, renewable energy will also be able to outcompete coal by 2024, while in Japan and Vietnam coal will be uneconomic compared with renewables by 2022.
Source: The Guardian
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 17 July 21
COAL PRICES TRADE AT DECADE HIGH OF $140 PER TONNE, HERE ARE SOME FACTORS AT PLAY: CNBC-TV18
Coal prices are trading at $140 per tonne. In the last one week, coal has seen more than 8 percent gains; the last one month has seen 24 percent ju ...
Thursday, 15 July 21
U.S. FOSSIL FUEL CONSUMPTION FELL BY 9% IN 2020, THE LOWEST LEVEL IN NEARLY 30 YEARS - EIA
U.S. fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years
In 2020, total consumption of fossil fuels in t ...
Thursday, 15 July 21
IN 2020, U.S. COAL PRODUCTION FELL TO ITS LOWEST LEVEL SINCE 1965 - EIA
U.S. coal production totaled 535 million short tons (MMst) in 2020, a 24% decrease from the 706 MMst mined in 2019 and the lowest level of coal pro ...
Wednesday, 14 July 21
MARKET INSIGHT - INTERMODAL
In its latest Global Economic Prospects report, the world bank recorded the strongest post-recession global growth in 80 years, but emerging and de ...
Tuesday, 13 July 21
JAPAN STILL SEEKING TO EXPLOIT COAL POWER LOOPHOLES - IEEFA
JBIC wants to continue burdening developing nations with its expensive coal-fired power technology
Japan is continuing to push its expensive c ...
|
|
|
Showing 521 to 525 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Global Business Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Parliament of New Zealand
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Planning Commission, India
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
|
| |
| |
|
