COALSPOT.COM IS A BRAND NAME, NOT A PORTAL NAME Monday, 20 May 2013
  • SHARE YOUR COAL NEWS WITH COALspot.com - news@coalspot.com
  • Indonesian 5800 GAR coal (Physical) market direction: FLAT - COALspot.com's self assessment (updated on 15/5/13)
  • Indonesia has set the MAY 2013 Coal Price Reference at US$ 85.33 per ton
  • SGX AsiaClear OTC FOB Sub-Bit Indonesia Coal Swap for Q4 2013 Contract - $63.15 (0.03% dod) 17/5 8pm SG time - SGX
  • SGX AsiaClear OTC FOB Sub-Bit Indonesia Coal Swap for Q3 2014 Contract - $62.93 (0.03% dod) 17/5 8pm SG time - SGX

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines

Friday, 22 June 12
GLOBAL ACTION NEEDED ON ENERGY POVERTY - WORLD COAL


Eradicating energy poverty is possibly the biggest challenge facing the world today. Like climate change it can only be addressed with a concerted global effort. With the Rio+20 conference underway, WCA looks at what needs to be done to achieve energy access for all.

The statistics are well known. 1.3 billion people lack access to electricity and another billion have only intermittent access.Without concerted international action, these numbers are not expected to change significantly in the next two decades. There is a huge disparity in energy access across the globe. Most developing economies struggle with low levels of energy access, and while most developed economies have almost full energy access, the amount of electricity they produce and consume varies significantly. Improving energy access is so important because it is fundamental to modern life. Light and power for homes, schools, hospitals, business and industry are all essential to strong and resilient economies that improve livelihoods. Economic and social development cannot occur in the modern world without access to energy. It is for this reason that the United Nations has declared 2012 as the International Year of Sustainable Energy for All, and it is why energy is amongst the top issues at the Rio+20 United Nations Conference on Sustainable Development.

More ambition needed
Real ambition is needed to deliver energy access across the world. The original text of "The Future We Want" draft outcome document for Rio+20 released by the UN early in 2012 included language calling for access to a "basic minimum level" of energy. Targets that refer to the basic minimum level of access reflect the target contained in the IEA's Energy for All case outlined in its World Energy Outlook 2011. This target would provide: "use of a floor fan, a mobile phone, and two compact fluorescent light bulbs for about five hours a day. In urban areas, consumption might also include an efficient refrigerator, a second mobile phone per household and another appliance, such as a small television or a computer." What is most alarming however is what is not included in the IEA definition, where it notes that "some other categories are excluded, such as electricity access to business." Ambitious energy targets will provide the energy needs to build and operate essential social infrastructure and support economic growth by allowing reliable energy supplies for business and industry. Targets for energy access must be ambitious because the problem is so fundamental to the challenges facing the modern world.

National priorities are important
The first draft of "The Future We Want" document and the UN Secretary General's Sustainable Energy for All initiative have both also focused heavily on expanding the role to be played by renewable energy. Renewable energy does have an important role to play in improving energy access but it is not the right solution everywhere. As nations develop, they seek secure, reliable and affordable sources of energy to strengthen and build their economies - coal is a logical choice in many of these countries because it is widely available, safe, reliable and relatively low cost. Accessing reliable, on-grid, base load electricity is essential for businesses and industries that cannot have intermittent supply. Strong grid structures with base load coal fired power stations are essential to even out peaks and troughs in the generation of renewable electricity and they can very effectively distribute centralised base load electricity. Many countries have very significant coal reserves and should be able to utilise those to build reliable base load electricity systems. International support for improving energy access should recognise the economic, technical and natural resources available in economies with a shortage of electricity supply. Across the world coal will play a significant role in improving energy access. The IEA's WEO 2011 projects that coal will provide more than half of the on-grid electricity needed to meet their energy for all case. It will be particularly important in places like India, Pakistan and southern Africa and will continue to strengthen China's energy supplies.

Energy access and climate change
Despite the need for countries to be able to utilise their own resources, it seems at the international level that there is a far more significant focus on renewable energy technologies. This focus is brought about by concerns over climate change. The concern is that significantly improved energy access will lead to large increases in emissions of greenhouse gases and therefore increase the risk of catastrophic climate change. Many actors in the international community therefore believe that fossil fuels cannot play a role in improving access to energy if we also want to meet the climate challenge. It is not necessary however for action to be restricted to that paradigm.

A surprising revelation in the IEA World Energy Outlook 2011 was that achieving the IEA's (albeit minimal) energy access target would only increase global CO2 emissions by 0.7%. In part that is likely to be because of the significant role of off-grid renewables included in the scenario, but it also comes in a scenario where almost a quarter of all electricity needed is expected to be provided by coal. More ambitious energy access targets may lead to higher emissions, but this will also come in the context of significantly improved economic and social outcomes for those who get access to electricity. Even more important is that significantly increased emissions can be avoided. Deployment of advanced coal technologies will play a major role in mitigating greenhouse gas emissions. One key way of reducing the emissions from burning coal is to improve efficiency levels at power stations. Highly efficient modern supercritical and ultra supercritical coal plants emit almost 40% less CO2 than subcritical plants. Efficiency improvements in power generation are amongst the most cost-effective and shortest lead time actionsfor reducing emissions from coal-fired electricity. This is particularly the case in developing countries and economies in transition where existing plant efficiencies are generally lower and coal use in electricity generation is increasing. Beyond improvements in efficiency, carbon capture and storage technology will be a key technology to reduce CO2 emissions, not only from coal, but also natural gas and industrial sources.

Figures in the IEA's World Energy Outlook 2011 report estimate the potential for CCS to contribute 22% of global CO2 mitigation through to 2035. Over time CCS will become a key technology for improving energy access consistent with global climate objectives.

What action is needed?
Concerted international action is needed to address the global challenge of energy poverty. Without providing energy to those who currently lack it, it will be impossible to eradicate global poverty. To meet this challenge, policy frameworks must be put in place, both at national and international levels, to support effective energy institutions and business models to support the deployment of a comprehensive energy infrastructure where it is needed most. With these frameworks in place, finance from all sources, public and private, domestic and international is needed to provide the finance to build energy systems. Before this can be achieved however, it must be recognised that all sources of energyare necessary to meet the vast potential demand for electricity. It is important to understand that different sources of energy will suit different countries and different environments. To ensure that energy reaches those who need it most, there cannot be a political preference for one technology over another. The decision must be based on what is most effective in meeting the energy need.
Source: World Coal


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 27 September 11
INTRACO SEALS US$25.3 MIO ORDER - INSIDER STORIES
Insider Stories reported that, Heavy equipment distributor PT Intraco Penta Tbk (INTA) obtained a US$25.3 million order on hand of heavy equipments ...


Sunday, 25 September 11
THE CHARTER RATES FOR INDONESIA TO INDIA WAS FIRM - VISTAAR
COALspot.com - The freight market moved up sharply with the cape Index up by 11 pct  pushing the BDI by almost 6 pct and closing at 1,920 point ...


Saturday, 24 September 11
GOVT PLANS TO RENEGOTIATE ALL CONTRACTS INCLUDING FREEPORT - JP
The Jakarta Post reported that, the Energy and Mineral Resources Ministry has confirmed plans to renegotiate all mining contracts including those wi ...


Friday, 23 September 11
ICMA TO BUILD UPGRADE FACILITIES TO ANTICIPATE BAN ON LOW-GRADE COAL EXPORT BY 2014
COALspot.com - January to August of this year, Indonesia’s coal production had already reached 235 million tons. Earlier estimates had targete ...


Friday, 23 September 11
UT TO PRODUCE 7 MMT OF COAL BY 2012
PT United Tractors Tbk is targeting a 7 million tons of coal production next year, a 55.55% increase from 4.5 millions targeted this year, said Pres ...


   156 157 158 159 160   
Showing 786 to 790 news of total 2593
News by Category
Popular News
 
Registered Members : 15,095

Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Medco Energi Mining Internasional
  • Renaissance Capital - South Africa
  • Chamber of Mines of South Africa
  • Malco - India
  • Mercuria Energy - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • CIMB Investment Bank - Malaysia
  • Glencore India Pvt. Ltd
  • Berau Coal - Indonesia
  • Singapore Mercantile Exchange
  • Xindia Steels Limited - India
  • Bayan Resources Tbk. - Indonesia
  • Petrosea - Indonesia
  • Attock Cement Pakistan Limited
  • Bharathi Cement Corporation - India
  • Barasentosa Lestari - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Kideco Jaya Agung - Indonesia
  • U S Energy Resources
  • Coalindo Energy - Indonesia
  • Surastha Cement
  • Samtan Co., Ltd - South Korea
  • Thriveni
  • PLN - Indonesia
  • Tata Chemicals Ltd - India
  • Geoservices-GeoAssay Lab
  • Kobe Steel Ltd - Japan
  • Inspectorate - India
  • Chettinad Cement Corporation Ltd - India
  • Antam Resourcindo - Indonesia
  • Sakthi Sugars Limited - India
  • Japan Coal Energy Center
  • ASAPP Information Group - India
  • MEC Coal - Indonesia
  • Arutmin Indonesia
  • Mitsui - Indonesia
  • Bank of America
  • Neyveli Lignite Corporation Ltd, - India
  • Interocean Group of Companies - India
  • Indonesian coal mining Association
  • SUEK AG - Indonesia
  • Bhatia International Limited - India
  • Noble Europe Ltd - UK
  • Gujarat Sidhee Cement - India
  • Adaro Indonesia
  • The State Trading Corporation of India Ltd
  • Goldman Sachs - Singapore
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • ANZ Bank - Australia
  • Coal and Oil Company - UAE
  • MS Steel International - UAE
  • Standard Chartered Bank - UAE
  • Latin American Coal - Colombia
  • Malabar Cements Ltd - India
  • Gresik Semen - Indonesia
  • Thermax Limited - India
  • Cardiff University - UK
  • Global Coal Blending Company Limited - Australia
  • Credit Suisse - India
  • Total Coal South Africa
  • Africa Commodities Group - South Africa
  • McConnell Dowell - Australia
  • VISA Power Limited - India
  • Commonwealth Bank - Australia
  • JPMorgan - India
  • Platou - Singapore
  • Eastern Energy - Thailand
  • Permata Bank - Indonesia
  • Agrawal Coal Company - India
  • Central Java Power - Indonesia
  • Uttam Galva Steels Limited - India
  • PTC India Limited - India
  • RBS Sempra - UK
  • Miang Besar Coal Terminal - Indonesia
  • Merrill Lynch Commodities Europe
  • Marubeni Corporation - India
  • Essar Steel Hazira Ltd - India
  • Carbofer General Trading SA - India
  • KPMG - USA
  • HSBC - Hong Kong
  • Kohat Cement Company Ltd. - Pakistan
  • Karbindo Abesyapradhi - Indoneisa
  • Asmin Koalindo Tuhup - Indonesia
  • Intertek Mineral Services - Indonesia
  • Adani Power Ltd - India
  • Sucofindo - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Indo Tambangraya Megah - Indonesia
  • Moodys - Singapore
  • Idemitsu - Japan
  • Makarim & Taira - Indonesia
  • Jaiprakash power ventures ltd
  • Salva Resources Pvt Ltd - India
  • CNBM International Corporation - China
  • Maruti Cements - India
  • PetroVietnam
  • J M Baxi & Co - India
  • ICICI Bank Limited - India
  • Australian Commodity Traders Exchange
  • Sical Logistics Limited - India
  • GNFC Limited - India
  • New Zealand Coal & Carbon
  • KOWEPO - South Korea
  • Kapuas Tunggal Persada - Indonesia
  • Sojitz Corporation - Japan
  • Pinang Coal Indonesia
  • Reliance Power - India
  • Indorama - Singapore
  • GHCL Limited - India
  • Kobexindo Tractors - Indoneisa
  • Qatrana Cement - Jordan
  • The India Cements Ltd
  • Vijayanagar Sugar Pvt Ltd - India
  • DBS Bank - Singapor
  • BNP Paribas - Singapore
  • ETA - Dubai
  • Metalloyd Limited - United Kingdom
  • GVK Power & Infra Limited - India
  • Peabody Energy - USA
  • OCBC - Singapore
  • Electricity Generating Authority of Thailand
  • Mitsubishi Corporation
  • OPG Power Generation Pvt Ltd - India
  • Indonesia Power. PT
  • Inco-Indonesia
  • India Bulls Power Limited - India
  • Edison Trading Spa - Italy
  • SRK Consulting
  • Maheswari Brothers Coal Limited - India
  • Wood Mackenzie - Singapore
  • Manunggal Multi Energi - Indonesia
  • Georgia Ports Authority, United States
  • Clarksons - UK
  • Lanco Infratech Ltd - India
  • Vizag Seaport Private Limited - India
  • LBH Netherlands Bv - Netherlands
  • Core Mineral Indonesia
  • Romanian Commodities Exchange
  • Britmindo - Indonesia
  • Shree Cement - India
  • GMR Energy Limited - India
  • Ernst & Young Pvt. Ltd.
  • Mjunction Services Limited - India
  • Bulk Trading Sa - Switzerland
  • Port Waratah Coal Services - Australia
  • Humpuss - Indonesia
  • Ministry of Finance - Indonesia
  • Bangladesh Power Developement Board
  • CEB - Sri Lanka
  • IHS Mccloskey Coal Group - USA
  • Siam city cement PLC, Thailand
  • Bahari Cakrawala Sebuku - Indonesia
  • Toyota Tsusho Corporation, Japan
  • PNOC Exploration Corporation - Philippines
  • Formosa Plastics Group - Taiwan
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Siam City Cement - Thailand
  • Independent Power Producers Association of India
  • Indogreen Group - Indonesia
  • Eastern Coal Council - USA
  • CESC Limited - India
  • SASOL - South Africa
  • Gupta Coal India Ltd
  • Sindya Power Generating Company Private Ltd
  • Ambuja Cements Ltd - India
  • Anglo American - United Kingdom
  • Larsen & Toubro Limited - India
  • Savvy Resources Ltd - HongKong
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Vale Mozambique
  • Mercator Lines Limited - India
  • Deloitte Consulting - India
  • Samsung - South Korea
  • The Treasury - Australian Government
  • UBS Singapore
  • Madhucon Powers Ltd - India
  • White Energy Company Limited
  • ING Bank NV - Singapore
  • TNPL - India
  • Kaltim Prima Coal - Indonesia
  • Bhoruka Overseas - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Platts
  • TNB Fuel Sdn Bhd - Malaysia
  • Altura Mining Limited, Indonesia
  • Vitol - Bahrain
  • SGS (Thailand) Limited
  • Bhushan Steel Limited - India
  • Maersk Broker
  • bp singapore
  • Runge Indonesia
  • Orica Mining Services - Indonesia
  • Jindal Steel & Power Ltd - India
  • Leighton Contractors Pty Ltd - Australia
  • Enel Italy
  • Mitra SK Pvt Ltd - India
  • Australian Coal Association
  • Sree Jayajothi Cements Limited - India
  • Indian School of Mines
  • Vedanta Resources Plc - India
  • Mintek Dendrill Indonesia
  • Coastal Gujarat Power Limited - India
  • Jatenergy - Australia
  • Oldendorff Carriers - Singapore
  • Cargill India Pvt Ltd
  • Bukit Makmur.PT - Indonesia
  • Banpu Public Company Limited - Thailand
  • Gujarat Mineral Development Corp Ltd - India
  • IEA Clean Coal Centre - UK
  • European Bulk Services B.V. - Netherlands
  • Krishnapatnam Port Company Ltd. - India
  • World Bank
  • BRS Brokers - Singapore
  • Jorong Barutama Greston.PT - Indonesia
  • World Coal - UK
  • Dalmia Cement Bharat India
  • Rio Tinto Coal - Australia
  • Straits Asia Resources Limited - Singapore
  • NTPC Limited - India
  • IBC Asia (S) Pte Ltd
  • Bukit Baiduri Energy - Indonesia
  • Barclays Capital - USA
  • Shenhua Group - China
  • Bukit Asam (Persero) Tbk - Indonesia
  • Planning Commission, India
  • Ind-Barath Power Infra Limited - India
  • Meenaskhi Energy Private Limited - India
  • Coal Orbis AG
  • Xstrata Coal
  • Argus Media - Singapore
  • McKinsey & Co - India
  • Aboitiz Power Corporation - Philippines
  • IOL Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Alfred C Toepfer International GmbH - Germany
  • Grasim Industreis Ltd - India
  • SMG Consultants - Indonesia
  • Parliament of New Zealand
  • Infraline Energy - India
  • KPCL - India
  • Star Paper Mills Limited - India
  • Karaikal Port Pvt Ltd - India
  • APGENCO India
  • Thiess Contractors Indonesia
  • Arch Coal - USA
  • KEPCO - South Korea
  • CCIC - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Cigading International Bulk Terminal - Indonesia
  • Tanito Harum - Indonesia
  • Deutsche Bank - India
  • Videocon Industries ltd - India
  • Coeclerici Indonesia
  • Russian Coal LLC
  • Cemex - Philippines
  • POSCO Terminal, South Korea
  • EIA - United States
  • IMC Shipping - Singapore
  • Posco Energy - South Korea
  • Trasteel International SA, Italy
  • UOB Asia (HK) Ltd
  • TANGEDCO India
  • Fearnleys - India
  • Indika Energy - Indonesia
  • Coal India Limited
  • Kalimantan Lumbung Energi - Indonesia
  • Tata Power - India
  • Panama Canal Authority
  • Freeport Indonesia
  • globalCOAL - UK
  • Orica Australia Pty. Ltd.
  • London Commodity Brokers - England
  • Aditya Birla Group - India
  • Lafarge - France
  • Petrochimia International Co. Ltd.- Taiwan
  • GAC Shipping (India) Pvt Ltd
  • Riau Bara Harum - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Filglen & Citicon Mining (HK) Ltd - Hong Kon
  • Price Waterhouse Coopers - Russia
  • Merrill Lynch Bank
  • CoalTek, United States
  • Simpson Spence & Young - Indonesia
  • PLN Batubara - Indonesia
  • GB Group - China
  • ACC Limited - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Borneo Indobara - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • TeaM Sual Corporation - Philippines
  • Thomson Reuters GRC
  • Rudhra Energy - India