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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, 09 September 20
MARKET INSIGHT - INTERMODAL
The uneventful summer lull which is coming to an end soon has left its stigma on the newbuilding market, which has already been devastated by the g ...
Saturday, 05 September 20
INDIA WON'T KICK ITS COAL HABIT SO EASILY - HINDU BUSINESS LINE
India has traditionally considered itself lucky to have been endowed with abundant coal reserves, which it has sought to use to meet its energy nee ...
Saturday, 05 September 20
FINANCING COMPLETE FOR 900MW FIFTH PHASE OF MASSIVE DUBAI SOLAR PARK: ARABIAN BUSINESS
Saudi-based ACWA Power on Thursday announced it has completed the signing of all financing agreements for the fifth phase of the Mohammed bin Rashi ...
Saturday, 05 September 20
POLISH COAL DEMAND EXPECTED TO FALL BY 7 MLN TONNES NEXT YEAR: MINISTER - REUTERS
Poland’s demand for coal is expected to fall by around 7 million tonnes next year, or more than 10% of annual hard coal production, after a d ...
Saturday, 05 September 20
PAKISTAN'S NEW 27-YEAR POWER PLAN RISKS LOCKING IN LONG-TERM OVERCAPACITY, LEAVING IMPORTED COAL AND LNG PLANTS STRANDED - IEEFA
Wind and solar, the country’s cheapest source of new generation, also overlooked
Pakistan risks locking itself into building m ...
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- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Aditya Birla Group - India
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Agrawal Coal Company - India
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