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Friday, 22 June 12
COAL: THE BACKBONE OF MODERN ELECTRICITY - ECOAL
Coal has been described as the "forgotten fuel," perhaps because many aren't aware of the huge role it plays in powering the global economy.
Coal provides 41% of the world's electricity, almost double the next largest source, natural gas. Coal is the backbone of electricity supplies across almost every continent and is fundamental to providing safe, stable and secure energy supplies to the vast majority of countries around the world. One of the reasons coal is so fundamental to global electricity is because it is so widely available. Unlike oil and gas, coal resources exist in almost every country and almost 80 countries have recoverable reserves of coal. Although the biggest reserves of coal are found in the United States, Russia, India and China, it is actively mined in more than 70 countries. Most coal is consumed domestically. In a number of countries it is the only domestically available energy fuel and so it is essential to a secure and economic energy supply.
Coal's critical role in the world's energy supply is also shown by the fact it counts for about a third of the world's total energy demand. Coal has in fact been the fastest growing fuel every year for the past decade and between 2000 and 2010, coal met as much of the world's additional energy demand as all the other fuels (oil, gas, nuclear and renewables) combined.
Future fuel
With the world facing huge energy challenges, coal will play a major role in securing energy supplies long into the future. As economic growth continues and global energy poverty challenges are addressed, the International Energy Agency projects that demand for electricity across the globe could double by 2035.
Coal is set to play a major role in addressing the challenge of energy poverty (see main article) and will continue to fuel growth inthe world's electricity supply. According to the International Energy Agency, coal will still be the largest source of electricity generation globally in 2035 when it will have grown by 45%. In addition to its availability, one of them reasons coal is so important in the world's electricity supply is its affordability.
Coal is less vulnerable to price variations like oil and gas and existing coal fired power stations generate electricity at a very competitive cost compared to other fuels. In many cases burning coal is significantly cheaper than other technologies, particularly renewables. Coal is also by far the least subsidised fuel, receiving 28 times less subsidies per unit of electricity produced than natural gas.
It's numbers like these that demonstrate the key role coal plays in the world's electricity supply, so perhaps it is a surprise that it is the world's forgotten fuel. With increasing demands for coal to help eradicate energy poverty and new technologies dramatically reducing the emissions from burning coal, it is clear coal will continue to be the backbone of modern electricity well into the future.
Source: Ecoal
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Wednesday, 14 October 20
CHINA COKING COAL FUTURES RALLY ON REPORTED BAN ON AUSTRALIA CARGOES - REUTERS
Dalian coking coal futures rallied for a sixth straight session on Tuesday after reports surfaced that China had stopped buying coal from Australia ...
Wednesday, 14 October 20
MARKET INSIGHT - INTERMODAL
The tanker market has experienced severe freight rate and asset value declines over the past 5 months. A potential market upturn may arise in the c ...
Friday, 09 October 20
INDIA'S COAL IMPORTS IMPROVE SOMEWHAT, BUT RECOVERY IS UNEVEN - REUTERS
India’s coal imports, depressed by the impact of coronavirus this year, regained ground in September, but in an uneven uptick – shipmen ...
Thursday, 08 October 20
CHINA'S COAL IMPORTS FROM INDONESIA DECLINED 16.4% Y-O-Y, TO 80.2 MLN TONNES IN THE FIRST 9 MONTHS OF 2020 - BANCHERO COSTA
China's coal imports boomed in 2019, surprising many who had expected the government would clamp down strictly on shipments.
...
Thursday, 08 October 20
GLIMMER OF LIGHT FOR COAL, BUT SHORT TERM - FNARENA
Is coal on the rebound? Demand appears stronger and supply reductions have underpinned a tightening market. Certainly, the Newcastle thermal coal p ...
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- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Australian Coal Association
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
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