NO FUTURE FOR COAL WITH THE ECONOMIC WINDOW CLOSING RAPIDLY, JAPAN’S SUPPORT FOR OVERSEAS COAL PROJECTS Poses $4.8 BILLION STRANDED ASSET RISK
Summary
The document argues that falling renewable energy costs are making coal-fired power projects in South and Southeast Asia economically unviable, placing $4.8 billion of pending Japanese public financing at risk of becoming stranded assets.
Key insights
- Falling costs for renewables are undermining the economic viability of coal in South and Southeast Asia, with modeling suggesting that by 2028, building new solar PV and onshore wind will be cheaper than operating existing power plants. Consequently, a coal plant starting construction in 2020 and operating by 2024 is projected to have less than five years of operation.
Cite the original document
- APA
- Global Energy Monitor (2019). NO FUTURE FOR COAL WITH THE ECONOMIC WINDOW CLOSING RAPIDLY, JAPAN’S SUPPORT FOR OVERSEAS COAL PROJECTS Poses $4.8 BILLION STRANDED ASSET RISK. https://globalenergymonitor.org/sites/default/files/migration/reports/NoFutureEnglish_11.pdf
- Chicago
- Global Energy Monitor. NO FUTURE FOR COAL WITH THE ECONOMIC WINDOW CLOSING RAPIDLY, JAPAN’S SUPPORT FOR OVERSEAS COAL PROJECTS Poses $4.8 BILLION STRANDED ASSET RISK. 2019. https://globalenergymonitor.org/sites/default/files/migration/reports/NoFutureEnglish_11.pdf.
- Wikipedia
- {{cite report |author=Global Energy Monitor |title=NO FUTURE FOR COAL WITH THE ECONOMIC WINDOW CLOSING RAPIDLY, JAPAN’S SUPPORT FOR OVERSEAS COAL PROJECTS Poses $4.8 BILLION STRANDED ASSET RISK |date=December 2019 |url=https://globalenergymonitor.org/sites/default/files/migration/reports/NoFutureEnglish_11.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{globalenergymonitor2019future, author = {{Global Energy Monitor}}, title = {{NO FUTURE FOR COAL WITH THE ECONOMIC WINDOW CLOSING RAPIDLY, JAPAN’S SUPPORT FOR OVERSEAS COAL PROJECTS Poses \$4.8 BILLION STRANDED ASSET RISK}}, institution = {Global Energy Monitor}, year = {2019}, month = dec, url = {https://globalenergymonitor.org/sites/default/files/migration/reports/NoFutureEnglish_11.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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