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.
|
|
Thursday, 24 June 21
FEBRUARY'S INCREASE IN COAL-FIRED ELECTRIC GENERATION REDUCED U.S. COAL STOCKPILES - EIA
Coal stockpiles at U.S. power plants decreased significantly from December 2020 to February 2021, including a draw of nearly 16 million tons in Feb ...
Wednesday, 23 June 21
MARKET INSIGHT - INTERMODAL
The first half of 2021 has brought a very sharp and continued recovery in the dry bulk market and while many where expecting a relatively strong ma ...
Thursday, 17 June 21
2020 PROVED TO BE A TRULY TERRIBLE YEAR FOR GLOBAL SEABORNE COAL TRADE; CHINA'S COAL IMPORTS - BANCHERO COSTA
2020 proved to be a truly terrible year for global seaborne coal trade.
Total global loadings in the 12 months of 2020 were down -12 ...
Thursday, 17 June 21
FITCH RATINGS RAISES SHORT-TERM OIL AND GAS PRICE ASSUMPTIONS
Fitch Ratings has increased its 2021 and 2022 oil price assumptions for the Brent and West Texas Intermediate (WTI) benchmarks due to stronger year ...
Wednesday, 16 June 21
MARKET INSIGHT - INTERMODAL
“While approaching the second half of the year and summer season is just around the corner, COVID vaccination programs are steadily moving fo ...
|
|
|
Showing 546 to 550 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Australian Coal Association
- Ministry of Mines - Canada
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
|
| |
| |
|
