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Monday, 03 April 17
WORLD COAL TRADE STABLE IN 2016: DEMAND SHIFTS TO SOUTH-EAST ASIA - ASSOCARBONI
 ASSOCARBONI: Coal confirmed as the leading fuel for electricity generation, accounting for 40% of overall production in 2016.
World coal trade stable in 2016: demand shifts to South-East Asia
According to International Energy Agency, coal will still play fundamental role (36% of energy mix) by 2021
Coal’s share in the Italian electricity mix is stable at 12%, the lowest percentage compared to the European average (26%).
On 31 March 2017, in Rome, the Italian coal association (Assocarboni) has held its annual congress “Italian electric system: proposals for a strategic planning” in conjunction with the Association’s annual meeting, where it presented sector data and global scenarios for 2016 and set the guidelines for the Rome Energy G7 taking place on April 9th and 10th.
The global scenario of coal
According to Italian coal association In 2016, coal confirmed its leadership in the generation of electricity, accounting for 40% of market share in the world, and 26% in Europe.
Compared to 2015, in 2016 seaborne world coal trade was stable after 10 years at 5% annual growth.
Steam coal decreased from the 2015’s 886 million tonnes to 2016’s 883 million tonnes: the trend shows a decrease in the coal import in Europe, caused by a strong decline in the UK but also balanced by an increase of the export towards the South-Eastern Asian markets.
Seaborne coaking coal registered a slight reduction from the the 249 million tonnes in 2015 to 246 million tonnes (-1% decrease), mainly because of a decline in imports across the European markets (34 million tonnes, -9% compared to 2015), also caused by steel’s lower price.
In perspective, coal will maintain its leadership in the electricity mix. According to the International Energy Agency’s analysis published in the Medium Term Coal Market report, coal’s share in the mix fueler for electricity production will attest itself at 36% by 2021.The demand for coal is shifting towards South-East Asia, where emerging economies are looking for an alternative source of energy.
Report by country
According to Assocarboni’s latest data, in 2016 Australia remained the world’s leading coal exporter, with a record of 393.68 million tonnes, a 1% increase compared to 2015.
With its 285.81 million tonnes, Indonesia confirms its leading position as steam coal exporter, registering a slight decrease compared to 2015 data.
Russian coal exports increased by 11% from 2015 reaching 131 million tonnes compared to 118 million tonnes in 2015, while Colombia steam coal exports registered 88.6 million tonnes compared 80.5 millions in 2015.
China’s 2016 imports grew up again compared to 2015 data, given the high demand for electricity, which is not satisfied by local production. In 2016 China imported 255 million tonnes (+25%).
India registered 203 million tonnes of imported coal, a slight reduction (-6%) compared to the 216 millions in 2015. The decrease is caused by the reduction of the steam coal imports, due to an increase of the domestic production and petcoke imports.
Coal imports grew in Vietnam (13.57 million tonnes, +91% compared to 7.08 million in 2015), Turkey (30,3 million tonnes, +9%) in comparison with the 27.78 millions of 2015), Chile (11.6 million tonnes, +13% compared to 10.2 million in 2015).
Korea registered an increase in the import of steam coal (93.7 million tonnes, +1%). Japan imported almost the same 2015’s quantities of coal (189.7 million tonnes versus 190, 6 million in 2015).
The coal market in Italy
Whilst Europe relies on coal for 26%, coal’s share in the Italian electricity mix is stable at 12%, one of the lowest percentage. Italy’s final figures for 2016 show a decline in the import of steam coal to 14 million tonnes (-12.5% compared to 2015); the imports of metallurgical coal and PCI are increasing: 3.9 million tonnes, +11% than the 3.5 millions in 2015.
Italy’s largest coal operators are at the forefront of technological innovation within the sector. Compared to the most obsolete and inefficient technologies used in the past, the modern coal power plants in Italy are environmentally-friendly, as they emit between 25 and 33% percent less CO2, and highly efficient, with an average 40% efficiency rate and peaks of 46% in Torrevaldaliga Nord, which is only reached in Japan and Denmark in the world.
Italian manufacturing companies pay the electricity 50% more than the European average, as the country depends on imported natural gas from Russia and Algeria and subsidised renewable energies, which together account for over 80% of the national electricity mix. If Italy keeps ignoring the contribution coming from the coal in the generation of competitive energy, its industrial network will be at risk especially of compared to European competitors, given the half price of the provided energy, composed by coal and nuclear.
Coal and Environment: a comparison with gas
A number of scientific studies by preeminent research centres do not justify using gases against climate change, as the findings demonstrated that, considering the entire fossil fuels lifecycle, the difference in CO2 emissions with gas is significantly reduced, and even equalise when pre- and post-combustion emissions are included, because of the various gases (e.g. H2S, N2O, etc.) not accounted for released in the atmosphere from methane deposits.
A recent study by Pöyry Management Consulting compared the level of emissions measured in thermoelectric power plants using coal with those using gas, both working in a reduced or variable regime. The findings show that gas plant emissions can be +76% higher than the coal ones.
In addition, international studies (e.g. Prof. Yumehiko Hoshijima, Yale Law School of Forestry & Environmental Studies, New Haven; US Environmental Protection Agency; Environmental Defense Fund and National Oceanic and Atmospheric Administration) have widely demonstrated that shale gas and fracking have serious environmental consequences. Academic researches showed that natural gas generates, especially in its extraction, higher methane levels than coal.
“Coal is not the enemy to fight and electricity production from coal has an environmental impact in its lifecycle similar to natural gas, taking into account the efficient curb-emissions systems developed in recent years” declared Andrea Clavarino, President of the Italian coal industry association Assocarboni, at its annual congress.
“Assocarboni thus proposes to use more coal – through the implementation of the best combustion technologies – and renewables, and less gas, which is expensive and has serious supply security issues, following what developed and emerging countries like South Korea, Germany, Japan, Taiwan, Turkey, USA and Vietnam are already doing. Nowadays, coal guarantees low costs and energy security, as reserves are equally distributed across the world, and therefore is, together with renewables, the best combustible to support economic and industrial development across the world, including Italy” concluded Andrea Clavarino.
About Italian Coal Association ASSOCARBONI
ASSOCARBONI is a non-profitorganisation founded in 1897, which represents national and international companies engaged in solid fuels. Its head office is in Rome and it has representative offices in London and Brussels. On a national level, Assocarboni is member of Confindustria Energia and sits in the Board of Directors of the Fuel Experimental Station, a fuel research institute within the Ministry of Economic Development.
On an international level, Assocarboni is member of CIAB (Coal Industry Advisory Board) – a section of the International Energy Agency (IEA) which brings together more than 40 companies (both energy producing and electric generation companies) from 14 different countries - of WCA (World Coal Association) in London and of the “Working Party on Coal” of the ECEUN Energy Committee in Geneva.
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Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.
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Friday, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...
Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...
Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
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Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE
Summary
In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...
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Showing 16 to 20 news of total 6846 |
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- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Planning Commission, India
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- The University of Queensland
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- VISA Power Limited - India
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
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