Over a thousand new coal plants at planning stage worldwide

The World Resources Institute (WRI) has identified 1200 coal fired power generation plants that are currently at the planning stage around the globe.

Three quarters of the new plants that may go live in the near future are located in China and India, with 59 countries in total involved in coal power development.
Coal power plant
World Resources Institute identifies 1,200 coal plants in planning across 59 countries, with about three-quarters in China and India.

The Guardian reports that total capacity of the new plants, if they are all completed, adds up to 1400 GW, with India planning 455 new plants compared to 363 in China, which is seeing a slowdown in its coal investments after a vast building programme in the past decade.

The WRI report also found that, after a slight dip during the economic troubles of 2008, the global coal trade has rebounded and rose by 13 per cent in 2010.

New plants have largely been financed by both commercial banks and development banks. JP Morgan Chase has provided more than $16.5bn (£10.3bn) for new coal plants over the past six years, followed by Citi ($13.8bn). Barclays ($11.5bn) comes in as the fifth biggest coal backer and the Royal Bank of Scotland ($10.9bn) as the seventh.

 The Japan Bank for International Co-operation was the biggest development bank ($8.1bn), with the World Bank ($5.3bn) second.

For more coal fired power news




Follow Power Engineering International on Twitter

Related Articles

Eskom clashes with Glencore over failure to supply coal-fired power plant

Glencore’s offer to provide coal to Eskom at a higher price than it usually pays has led the South African state utility to state it will seek compensation.

Balancing the risks of power blackouts with the costs of ensuring adequate supply

Latest Articles

Editor's Picks

GE unveils transformational Digital Power Plant

GE yesterday unveiled a digital initiative that it claims will revolutionise the power industry and save plant operators b...
Anne Carpenter of IEA Clean Coal Centre

Report highlights need for enlightened approach to water and power generation

The International Energy Agency’s Clean Coal Centre has produced its latest insights into what is referred to as the ‘wate...

UK gives £2bn backing to Hinkley Point nuclear project

The UK government has reaffirmed its commitment to Hinkley Point C new nuclear power station by unveiling a £2bn ($3.1bn) ...

Policy tinkering sees financial lure of UK renewables sector plummet

The UK’s attractiveness for renewables investment has plummeted in the last few months thanks to “policy-making in a vacuu...

US leapfrogs China to top renewables investment table

The US has leapfrogged China to the top slot in a highly-regarded annual analysis of the best countries in the world for r...

Editorial Guides

Lubrication Challenges for the Biogas Industry in 2015

The biogas industry is growing in importance as the world continues to look for alternative, clean energy sources. However...

Maximising Power Plant Efficiency

The need for power plants to operate at maximum efficiency and flexibility while cutting emissions is greater than ever be...

How to cut your OPEX

How to cut your OPEX In a constantly evolving electricity market, factors such as over capacity and low coal costs can pu...

Buyers Guide Companies

Rolls Royce Energy Systems

We supply gas turbines, compressors and diesel power units to customers ...

Lenox Instrument Co

Lenox Instrument Co is a manufacturer of highly reliable fixed and porta...

ATG Electronics

For more than a decade, ATG Electronics has established itself as a lead...

SWAN Analytical Instruments AG

Is one of the leading manufacturers of online analytical instruments.

Bran & Luebbe, An SPX Brand

Bran & Luebbe, an SPX brand, has been a worldwide leader in metering, an...

Buyers Guide Products


Compact voltage regulator, integrates all ...

Excitation System

Our excitation systems are recognized worl...

DMT340 Series Dewpoint and Temperature Transmitters for Very Dry Conditions

The Vaisala DRYCAP® Dewpoint and Temperatu...

MHT410 Moisture, Hydrogen and Temperature Transmitter

The Vaisala Moisture, Hydrogen and Tempera...

Control Servo Motor SMR

A Voith control servo motor is a linear el...

Power Engineering International


The Effect of Moisture Sensor Location on Reliable Transformer Oil Monitoring

Power transformers are among the most valuable and important assets in electrical power networks and moisture is one of the key factors impacting the operational performance of transformer oil.&nbs...

Engineering & Design for Lean Construction

AVEVA introduces the benefits of Engineering and Design for Lean Construction by challenging the concept of ‘right first time design' and presenting a ‘Lean’ approach. A Lean approach to project ex...

Bridging the Power Gap in Africa: Testing options to manage constrained short to medium term system operations

Around the world, existing power systems face increasingly constrained operations in the short to medium term with available ageing generation capacity.  In this paper, PLEXOS® has been used t...

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New challenges and opportunities are continually appearing thanks to dramatic developments in technology...

Latest Digital Edition

Look Inside >
Current Issue

Article Archives for Power Engineering International Magazine