Showing posts with label Energy. Show all posts
Showing posts with label Energy. Show all posts
July 19, 2013
July 17, 2013
India offers partnership in renewable energy with Mongolia
India offers partnership in renewable energy with Mongolia: "Abdullah was in Ulaanbaatar to represent India at the inaugural ceremony of the President of Mongolia Tsakhia Elbegdorj, who has been re-elected to a second four-year term.
Abdullah also handed over a letter of felicitation from Indian President Pranab Mukherjee, lauding the personal vision and commitment of Elbegdorj to the comprehensive partnership between India and Mongolia and extending an invitation to the Mongolian President to visit India.
He also met Mongolia’s Foreign Minister Lu Bold and Minister of Environment and Green Development Sanjaasuren Oyun.
Elbegdorj’s oath taking ceremony was attended by members of Mongolia’s parliament and government as well as representatives from several countries, including Ministerial level delegations from Russia, Japan, China and France.
"
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Abdullah also handed over a letter of felicitation from Indian President Pranab Mukherjee, lauding the personal vision and commitment of Elbegdorj to the comprehensive partnership between India and Mongolia and extending an invitation to the Mongolian President to visit India.
He also met Mongolia’s Foreign Minister Lu Bold and Minister of Environment and Green Development Sanjaasuren Oyun.
Elbegdorj’s oath taking ceremony was attended by members of Mongolia’s parliament and government as well as representatives from several countries, including Ministerial level delegations from Russia, Japan, China and France.
"
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January 25, 2013
Mongolia's Renewables Belittle World's Nuclear Supply - Bloomberg
Mongolia's Renewables Belittle World's Nuclear Supply - Bloomberg: "Untapped mineral riches are fueling Mongolia’s ambition to compete with Australia and Brazil in Asia. The nation's resource-based economy grew 21 percent last quarter alone.
This largesse obscures a potential aboveground treasure also awaiting investors.
The world’s most sparsely populated nation has the potential to generate 2.6 million megawatts of wind, solar, geothermal and hydropower, based on data collected by the U.S. National Renewable Energy Laboratory and the Mongolian National Renewable Energy Center.
That's a fantastic figure. It's seven times the capacity of all the world's operable nuclear reactors combined, according to world nuclear association data. In contrast, Mongolia’s current power capacity is less than that of one large coal plant, just 878 megawatts"
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This largesse obscures a potential aboveground treasure also awaiting investors.
The world’s most sparsely populated nation has the potential to generate 2.6 million megawatts of wind, solar, geothermal and hydropower, based on data collected by the U.S. National Renewable Energy Laboratory and the Mongolian National Renewable Energy Center.
That's a fantastic figure. It's seven times the capacity of all the world's operable nuclear reactors combined, according to world nuclear association data. In contrast, Mongolia’s current power capacity is less than that of one large coal plant, just 878 megawatts"
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January 16, 2013
China, Mongolia to deepen cooperation in mining, energy sectors - People's Daily Online
China, Mongolia to deepen cooperation in mining, energy sectors - People's Daily Online: "ULAN BATOR, Jan. 15 (Xinhua) -- China and Mongolia have broad prospects to deepen cooperation in mineral resources and energy, a senior Chinese official said Tuesday.
Zhang Xiaoqiang, deputy director of China's National Development and Reform Commission, said the two countries should enhance cooperation in mining and energy areas through joint development of big mining projects and construction of transportation infrastructure."
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Zhang Xiaoqiang, deputy director of China's National Development and Reform Commission, said the two countries should enhance cooperation in mining and energy areas through joint development of big mining projects and construction of transportation infrastructure."
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January 9, 2013
Japan Signs First Bilateral Emissions Offset Pact With Mongolia | Ubpost News
Japan Signs First Bilateral Emissions Offset Pact With Mongolia | Ubpost News: "The agreement is the first of its kind as Tokyo seeks to develop similar bilateral offset-credit mechanisms with countries including Indonesia, Vietnam and Bangladesh.
Under the bilateral mechanism, Japan will cut carbon dioxide emissions by setting up energy-management systems and forest-protection projects in developing countries using Japanese technologies.
Minister S.Oyun and Hiroyuki Nagahama, Minister of the Environment of Japan hold intensive discussions during the 18th session of the Conference of the Parties to the UNFCCC and the 8th session of the Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol held between November 26th and December 8th, 2012 at the Qatar National Convention Centre in Doha, Qatar."
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Under the bilateral mechanism, Japan will cut carbon dioxide emissions by setting up energy-management systems and forest-protection projects in developing countries using Japanese technologies.
Minister S.Oyun and Hiroyuki Nagahama, Minister of the Environment of Japan hold intensive discussions during the 18th session of the Conference of the Parties to the UNFCCC and the 8th session of the Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol held between November 26th and December 8th, 2012 at the Qatar National Convention Centre in Doha, Qatar."
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December 4, 2012
Severely Polluted Mongolia Tries a Cleaner Power Source - NYTimes.com
Severely Polluted Mongolia Tries a Cleaner Power Source - NYTimes.com: "SALKHIT, MONGOLIA — On a desolate, wind-raked hilltop not far from the Mongolian capital, white-helmeted workers were busily lifting, tugging and erecting 80-meter poles and fitting them with enormous pinwheel-like turbines in Mongolia’s first foray into wind-generated power.
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Gilles Sabrie for The New York Times
A coal-fueled plant sent fumes over Ulan Bator.
A blog about energy and the environment.
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With 31 of these 260-foot, or 79-meter, turbines made by General Electric, the Salkhit, or Windy, Wind Farm will be able to produce 50 megawatts of power when it goes online in early 2013. That is enough to supply Mongolia’s 860-megawatt central grid with approximately 5 percent of its energy needs"
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Gilles Sabrie for The New York Times
A coal-fueled plant sent fumes over Ulan Bator.
A blog about energy and the environment.
Go to Blog »
With 31 of these 260-foot, or 79-meter, turbines made by General Electric, the Salkhit, or Windy, Wind Farm will be able to produce 50 megawatts of power when it goes online in early 2013. That is enough to supply Mongolia’s 860-megawatt central grid with approximately 5 percent of its energy needs"
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AFP: Answer to Mongolia pollution is blowing in the wind
AFP: Answer to Mongolia pollution is blowing in the wind: "ULAN BATOR — Mongolia's economic boom has been built on the vast coal reserves that lie under its seemingly endless steppes, but it is turning to wind to power itself and fight the pollution that chokes Ulan Bator.
The Mongolian capital is ranked the planet's second most polluted city by the World Health Organization, largely due to its coal-fired power stations and residents burning the substance to keep warm in winter, when temperatures can plummet to a punishing minus 30 degrees Celsius (minus 4 Fahrenheit).
But in Salkhit, around 70 kilometres to the southeast, 10 pylons rise from the ground, the first stage of a 31-turbine, 50 megawatt wind farm its backers hope will start a national drive to harness cleaner energy."
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The Mongolian capital is ranked the planet's second most polluted city by the World Health Organization, largely due to its coal-fired power stations and residents burning the substance to keep warm in winter, when temperatures can plummet to a punishing minus 30 degrees Celsius (minus 4 Fahrenheit).
But in Salkhit, around 70 kilometres to the southeast, 10 pylons rise from the ground, the first stage of a 31-turbine, 50 megawatt wind farm its backers hope will start a national drive to harness cleaner energy."
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November 27, 2012
Battle to meet energy needs for residents and industry in Mongolia | South China Morning Post
Battle to meet energy needs for residents and industry in Mongolia | South China Morning Post: "T. Nasan-Ish, 50, has just returned from a community meeting in Khanbogd in Mongolia's south Gobi desert. "We have exciting news", he says. "We're expecting to get unlimited electricity in the coming 40 days".
Nasan-Ish, a local retailer, has reason to be excited. A small, impoverished town, Khanbogd's citizens are used to daily blackouts - despite big international mining projects in the region.
"Blackouts usually start at 5pm for one or two hours, but during the daytime we mostly have power," he says.
The locals don't have access to the country's central heating system, instead using traditional coal-fired stoves to stay warm in the winter months - which can see temperatures drop as low as minus 40 degrees Celsius.
Mongolia, also known as "mine-golia" because of its vast untapped mineral wealth, is undergoing rapid growth. The Central Asian country's rich mineral resources including coal, gold, copper and rare earths is transforming the traditionally nomadic country into an economic powerhouse - last year, Mongolia's GDP growth was a staggering 17.2 per cent."
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Nasan-Ish, a local retailer, has reason to be excited. A small, impoverished town, Khanbogd's citizens are used to daily blackouts - despite big international mining projects in the region.
"Blackouts usually start at 5pm for one or two hours, but during the daytime we mostly have power," he says.
The locals don't have access to the country's central heating system, instead using traditional coal-fired stoves to stay warm in the winter months - which can see temperatures drop as low as minus 40 degrees Celsius.
Mongolia, also known as "mine-golia" because of its vast untapped mineral wealth, is undergoing rapid growth. The Central Asian country's rich mineral resources including coal, gold, copper and rare earths is transforming the traditionally nomadic country into an economic powerhouse - last year, Mongolia's GDP growth was a staggering 17.2 per cent."
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Corruption Possible Cause Behind the Radioactive Licenses
Corruption Possible Cause Behind the Radioactive Licenses: "t is too much for our country. This represents the widespread corruption and bribery that are possibly ongoing in this sector. The related legal organizations must inspect what companies have obtained the Licenses. I’m quite sure that there was corruption and violations of official power in license issuances. Uranium deposits have been discovered in both Dornogovi and Sukhbaatar Provinces. We must suspend their licenses. We, Mongolians, are perfectly able to live safely without digging our soil.”
Only ten members have attended the session and Member of the Parliament M.Batchimeg was critical of other members. She stated “When budget or monetary issues are discussed, the meeting hall gets filled with members. But when it comes to discussing the National Security of Mongolia, only over ten members are present at the session. I feel so sorry for it. It is absurd that politicians mention the National Security only during election period and this topic vanishes into thin air once the elections are finished. It’s been three years since Mongolia formulated a policy to implement in the Nuclear Energy Sector."
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Only ten members have attended the session and Member of the Parliament M.Batchimeg was critical of other members. She stated “When budget or monetary issues are discussed, the meeting hall gets filled with members. But when it comes to discussing the National Security of Mongolia, only over ten members are present at the session. I feel so sorry for it. It is absurd that politicians mention the National Security only during election period and this topic vanishes into thin air once the elections are finished. It’s been three years since Mongolia formulated a policy to implement in the Nuclear Energy Sector."
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Mongolia’s Tavan Tolgoi Coal Field Deadline Delayed to Mid-2013 - Bloomberg
Mongolia’s Tavan Tolgoi Coal Field Deadline Delayed to Mid-2013 - Bloomberg: "Mongolia may delay the selection of companies to develop part of the nation’s biggest coal field to the middle of 2013 from the end of this year, a government mining official said.
Bidders for the West Tsankhi area of the Tavan Tolgoi deposit “have proposed very attractive offers and the government will discuss with each of them in detail and decide which offer has higher value,” Nemekhbayar Enkhbayar, head of the economy, finance and investment division in the Ministry of Mines, said in an interview in Hong Kong today. “We have to take the geographical situation into account and Chinese companies have big advantages on this.”
Companies such as Peabody Energy Corp. (BTU), China’s Shenhua Group Corp. and Japan’s Mitsui & Co. (8031) have expressed an interest in developing the field. Mongolian President Tsakhia Elbegdorj set an end-of-year deadline for picking the successful bidders in July."
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Bidders for the West Tsankhi area of the Tavan Tolgoi deposit “have proposed very attractive offers and the government will discuss with each of them in detail and decide which offer has higher value,” Nemekhbayar Enkhbayar, head of the economy, finance and investment division in the Ministry of Mines, said in an interview in Hong Kong today. “We have to take the geographical situation into account and Chinese companies have big advantages on this.”
Companies such as Peabody Energy Corp. (BTU), China’s Shenhua Group Corp. and Japan’s Mitsui & Co. (8031) have expressed an interest in developing the field. Mongolian President Tsakhia Elbegdorj set an end-of-year deadline for picking the successful bidders in July."
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Japan Seeks Pacts With Indonesia, Mongolia to Offset Emissions - Businessweek
Japan Seeks Pacts With Indonesia, Mongolia to Offset Emissions - Businessweek: "Japan is seeking agreements with Indonesia and Mongolia to help offset its greenhouse gas emissions by the end of the year, a government official said.
Japan wants to sign the technology-transfer pacts with the countries by the end of this year, Masaya Okuyama, an environment ministry official in charge of climate change, said by phone today. Japan is also trying to get similar agreements with Vietnam and Bangladesh by early next year, he said.
Tokyo is developing a bilateral offset-credit mechanism to cut carbon dioxide output by setting up energy management systems and forest protection projects in developing countries with Japanese technologies. Japan has conducted feasibility studies in 30 countries, according to the foreign ministry’s website."
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Japan wants to sign the technology-transfer pacts with the countries by the end of this year, Masaya Okuyama, an environment ministry official in charge of climate change, said by phone today. Japan is also trying to get similar agreements with Vietnam and Bangladesh by early next year, he said.
Tokyo is developing a bilateral offset-credit mechanism to cut carbon dioxide output by setting up energy management systems and forest protection projects in developing countries with Japanese technologies. Japan has conducted feasibility studies in 30 countries, according to the foreign ministry’s website."
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November 22, 2012
Mongolia: Filling energy deficit | Ubpost News
Mongolia: Filling energy deficit | Ubpost News: "Plans for a large power plant near Ulaanbaatar underline how Mongolia’s surging growth in resource revenues can be used to meet looming energy shortfalls in urban areas. However, more innovative sources are needed to supply power to the rural expanses of the country’s steppes.
In September, a group of foreign energy firms revealed plans to invest $1.3bn in a power plant near the capital. France-based GDF Suez, South Korea-based Posco Energy, Japan-based Sojitz and local firm Newcom developed the deal with the government under a 25-year power purchase agreement.
The facility, which is expected to be complete by 2016, will become the country’s fifth thermal power plant (TPP) and supply roughly half of Ulaanbaatar’s energy needs.
The coal-fired, combined heat and power plant will have an electricity capacity of 415 MW and a steam output for heating of 587 MW. The plant will have three circulating fluidised bed boilers that use efficient pollutant control measures. Construction is expected to begin in 2013, according to Sojitz officials."
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In September, a group of foreign energy firms revealed plans to invest $1.3bn in a power plant near the capital. France-based GDF Suez, South Korea-based Posco Energy, Japan-based Sojitz and local firm Newcom developed the deal with the government under a 25-year power purchase agreement.
The facility, which is expected to be complete by 2016, will become the country’s fifth thermal power plant (TPP) and supply roughly half of Ulaanbaatar’s energy needs.
The coal-fired, combined heat and power plant will have an electricity capacity of 415 MW and a steam output for heating of 587 MW. The plant will have three circulating fluidised bed boilers that use efficient pollutant control measures. Construction is expected to begin in 2013, according to Sojitz officials."
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November 16, 2012
Prophecy Signs MOU with Strategic Partner to Jointly Develop Chandgana Power Plant Project
Prophecy Signs MOU with Strategic Partner to Jointly Develop Chandgana Power Plant Project: "Prophecy Coal Corp. is a Canadian listed company engaged in developing energy projects in Mongolia. The Company's wholly-owned subsidiary Prophecy Power Generation LLC is advancing plans for a proposed 600 MW mine-mouth power plant, which has been permitted by the Mongolian government, adjacent to its Chandgana coal deposit. Chandgana Coal LLC, another Prophecy wholly-owned Mongolian subsidiary, is expected to supply 3.5 million tonnes of coal per year to Prophecy Power for 25 years. Chandgana Coal LLC controls over 1.2 billion tonnes of thermal coal in the measured and indicated categories, including two mining licenses containing 141 million tonnes of measured resource with a strip ratio of 0.7:1. Substantially all of the Company's resources are not mineral reserves, hence they do not have demonstrated economic viability. The Company cautions the Chandgana project is in Mongolia and requires substantial capital to develop."
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November 13, 2012
Mongolia to Increase Renewable Energy Development, Xinhua Says - Bloomberg
Mongolia to Increase Renewable Energy Development, Xinhua Says - Bloomberg: "Mongolia plans to increase the amount of energy produced from renewable sources, the country’s President Tsakhia Elbegdorj said Monday, according to China’s official Xinhua News Agency.
The country expects to produce 20 percent to 25 percent of its electricity from wind, solar and other renewable resources by 2020, Elbegdorj said at the Northeast Asia Renewable Energy Resources Cooperation Forum. He didn’t say how much renewable energy is produced now."
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The country expects to produce 20 percent to 25 percent of its electricity from wind, solar and other renewable resources by 2020, Elbegdorj said at the Northeast Asia Renewable Energy Resources Cooperation Forum. He didn’t say how much renewable energy is produced now."
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October 24, 2012
Softbank Plans to Develop Wind Power in Mongolia With Newcom - Businessweek
Softbank Plans to Develop Wind Power in Mongolia With Newcom - Businessweek: "Softbank Corp. (9984), the Japanese mobile phone company planning to invest $20 billion in Sprint Nextel Corp. (S), plans to develop wind power projects in Mongolia.
SB Energy Corp., Softbank’s clean energy unit, will set up a venture with Mongolia’s Newcom LLC as early as this month to conduct feasibility studies on wind power generation, Naoki Nakayama, a Softbank spokesman, said by phone today. Newcom invests in clean technology and infrastructure."
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SB Energy Corp., Softbank’s clean energy unit, will set up a venture with Mongolia’s Newcom LLC as early as this month to conduct feasibility studies on wind power generation, Naoki Nakayama, a Softbank spokesman, said by phone today. Newcom invests in clean technology and infrastructure."
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October 18, 2012
Mongolia eyes Peabody Energy to develop giant coalmine
Mongolia eyes Peabody Energy to develop giant coalmine: "Reuters reported that Mongolia state owned developer of the huge but remote Tavan Tolgoi coal deposit in Mongolia has invited US miner Peabody Energy to help build infrastructure at the project ahead of a much delayed bidding process.
State owned miner Erdenes Tavan Tolgoi Ltd which holds the licences for the coal-rich Tavan Tolgoi area in the South Gobi desert, has asked the US firm to draw up logistic and infrastructure plans for the project's western Tsankhi block."
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State owned miner Erdenes Tavan Tolgoi Ltd which holds the licences for the coal-rich Tavan Tolgoi area in the South Gobi desert, has asked the US firm to draw up logistic and infrastructure plans for the project's western Tsankhi block."
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Cougar Energy Limited : MOU for Mongolian UCG signed | 4-Traders
Cougar Energy Limited : MOU for Mongolian UCG signed | 4-Traders: "COUGAR ENERGY SIGNS MOU FOR MONGOLIAN UCG PROJECTS Cougar Energy Limited (ASX: CXY) is pleased to advise that it has signed a Memorandum of Understanding (MOU) with Hulaan Coal Corporation (Hulaan), a Mongolian-focussed, Canadian-owned resources company with a broad portfolio of thermal and potential coking coal assets.
Cougar Energy Chief Executive Officer (CEO) and Managing Director Rob Neill says the MOU will allow Cougar Energy to undertake due diligence on Hulaan's coal resources and those under its direct management in Mongolia, and assess their potential for Underground Coal Gasification (UCG) development."
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Cougar Energy Chief Executive Officer (CEO) and Managing Director Rob Neill says the MOU will allow Cougar Energy to undertake due diligence on Hulaan's coal resources and those under its direct management in Mongolia, and assess their potential for Underground Coal Gasification (UCG) development."
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October 16, 2012
Cougar Energy signs Mongolian UCG agreement with Hulaan Coal Corporation - Proactiveinvestors (AU)
Cougar Energy signs Mongolian UCG agreement with Hulaan Coal Corporation - Proactiveinvestors (AU): "Cougar Energy’s (ASX: CXY) expanding Asian Strategy has borne early fruit with a Memorandum of Understanding reached with Mongolia focused Hulaan Coal Corporation for a potential underground coal gasification (UCG) project.
The MoU allows Cougar to undertake due diligence on Hulaan’s coal resources and those under its direct management in Mongolia, and assess their potential for UCG development.
“Once a suitable coal resource is identified, we will negotiate the terms under which a subsequent UCG project could be developed. We have already discussed a broad outline of such terms and look forward to a long and prosperous relationship with Hulaan,” Cougar managing director Rob Neill said.
Cougar has already undertaken a preliminary review of two coal areas with a combined resource in excess of 500 million tonnes of thermal coal.
“Much of this coal is deeper than 150 metres and subject to further analysis, is likely to be suitable for UCG. The potential for any such project will be clarified as a result of the due diligence process,” Neill added."
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The MoU allows Cougar to undertake due diligence on Hulaan’s coal resources and those under its direct management in Mongolia, and assess their potential for UCG development.
“Once a suitable coal resource is identified, we will negotiate the terms under which a subsequent UCG project could be developed. We have already discussed a broad outline of such terms and look forward to a long and prosperous relationship with Hulaan,” Cougar managing director Rob Neill said.
Cougar has already undertaken a preliminary review of two coal areas with a combined resource in excess of 500 million tonnes of thermal coal.
“Much of this coal is deeper than 150 metres and subject to further analysis, is likely to be suitable for UCG. The potential for any such project will be clarified as a result of the due diligence process,” Neill added."
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Mongolia eyes U.S. Peabody to develop giant coalmine | Reuters
Mongolia eyes U.S. Peabody to develop giant coalmine | Reuters: "ULAN BATOR, Oct 16 (Reuters) - The state-owned developer of the huge but remote Tavan Tolgoi coal deposit in Mongolia has invited U.S. miner Peabody Energy to help build infrastructure at the project ahead of a much-delayed bidding process, a senior company official said.
State-owned miner Erdenes Tavan Tolgoi Ltd (ETT), which holds the licences for the coal-rich Tavan Tolgoi area in the South Gobi desert, has asked the U.S. firm to draw up logistic and infrastructure plans for the project's western Tsankhi block, its chief operating officer Graeme Hancock told Reuters on Friday."
'via Blog this'
State-owned miner Erdenes Tavan Tolgoi Ltd (ETT), which holds the licences for the coal-rich Tavan Tolgoi area in the South Gobi desert, has asked the U.S. firm to draw up logistic and infrastructure plans for the project's western Tsankhi block, its chief operating officer Graeme Hancock told Reuters on Friday."
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October 13, 2012
The Digital Skeptic: Mongolia Is a Better Media Customer Than U.S. - TheStreet
The Digital Skeptic: Mongolia Is a Better Media Customer Than U.S. - TheStreet: "NEW YORK (TheStreet) -- Before investors watch digital music services such as Spotify burn through another hundred million dollars figuring out how to sell music worldwide, they might want to insist that company execs jet over to Freising, Germany -- just north of Munich -- for a beer and a brat with Matthias Wurfl.
More on Investing
Fastenal: A Great Hold but a Pricey BuyWarren Buffett's Well Fargo Investment Hinges on Bernanke6 Biggest Energy Earnings Reports Next Week
Wurfl knows something supposed new-media geniuses such as Ed Sheeran or Spotify's Daniel Ek and Chris Maples -- and maybe Microsoft's (MSFT) Steve Ballmer -- don't: how to actually get paid in the global digital content game."
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More on Investing
Fastenal: A Great Hold but a Pricey BuyWarren Buffett's Well Fargo Investment Hinges on Bernanke6 Biggest Energy Earnings Reports Next Week
Wurfl knows something supposed new-media geniuses such as Ed Sheeran or Spotify's Daniel Ek and Chris Maples -- and maybe Microsoft's (MSFT) Steve Ballmer -- don't: how to actually get paid in the global digital content game."
'via Blog this'
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