COALspot.com keeps you connected across the coal world
  • MAY 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 61.11 A TON

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
Monday, 08 April 19
CHEAP COAL SWELLS IN SOUTHEAST ASIA, FOILING GLOBAL GREEN PUSH - NIKKEI
Southeast Asian countries are turning to low-cost coal to satisfy their surging electricity demand as the West shies away from the fossil fuel under pressure from green-minded investors.
 
Indonesia is on track for the third-largest coal-fired power capacity of new plants under development, behind China and India. Vietnam follows in fourth place, while the Philippines and Thailand will be home to multiple new coal power stations.
 
Electricity demand in Southeast Asia is expected to grow 70% from 2017 to 2030, the International Energy Agency forecasts, with coal power generation there projected to climb 80% during the same period. This would translate to coal accounting for 40% of the total power output for the Asia-Pacific region, excluding China and Japan.
 
Coal power generation — which emits twice as much carbon dioxide per energy gained as liquefied natural gas — is projected to decline 30% to 50% in the U.S. and Europe during the same period as conversion to renewables accelerates in those markets. Yet with the sharp increase in Asia, the world’s coal-fired power output is expected to edge 2% higher.
 
The price of thermal coal has trended lower since last summer. The shift away from coal in industrialized nations is expected to bring prices down further in the longer term, potentially reinforcing emerging economies’ reliance.
 
Southeast Asia has made inroads with renewables. Solar power is being adopted in countries with suitable conditions, such as Indonesia and Thailand. And a string of wind power projects are planned in Vietnam. The region’s electricity generated from renewable sources is expected to rise 140% from 2017 to 2030, according to one estimate.
 
But meeting the growing electricity demand solely with renewables will be difficult. Furthermore, Thailand faces the prospect of tapping out of natural gas reserves while nuclear power is growing pricier as safety costs rise.
 
“When all things are considered comprehensively, coal power is the best option for Southeast Asia,” said Hitoshi Kanno, executive managing officer at Japanese utility Electric Power Development, known as J-Power.
 
Meanwhile, investors in Europe and the U.S. are increasingly using so-called ESG criteria, taking environmental, social and corporate governance issues into account. More than 1,000 investors, representing $8 trillion in assets under management, have pledged to divest from companies involved with fossil fuels. Facing growing pressure from these investors, the major Anglo-Australian miner Rio Tinto exited the coal business last August. Germany has decided on a plan to phase out coal power generation by 2038.
 
An institutional investor in Europe demanded last November that a leading Japanese power utility move away from coal, threatening to sell its shares otherwise. Norway’s Government Pension Fund Global — the world’s largest sovereign wealth fund — kicked some utilities with high exposure to coal out of its portfolio, including Japan’s Chugoku Electric Power and Hokuriku Electric Power.
 
A consortium including Kyushu Electric Power and Tokyo Gas dropped plans earlier this year to build a coal-fired plant in Chiba Prefecture, near Tokyo, amid the growing investor pressure.
 
China, facing severe air pollution, is also trying to stem the growth of coal power generation — at home.
 
Yet Japan and China draw criticism from the West as the leading backers of coal power projects in emerging economies.
 
Chinese banks and businesses have “committed or offered funding for over one-quarter” of coal plants under development outside the country, an American think tank, the Institute for Energy Economics and Financial Analysis, reported in January. While China pushes its own economy away from coal, it is promoting the construction of coal power stations in other areas of Asia as well as Africa as part of an energy export strategy under its Belt and Road Initiative.
 
China, however, faces little exposure to Western divestment campaigns because of its strict limits on stockholdings by foreigners.
 
Thus Japan, the No. 2 exporter of coal technology, is now the target of ESG investors. A big coal-fired plant under construction in Indonesia is partly funded by trading house Sumitomo and Kansai Electric Power and borrows from the Japan Bank for International Cooperation. In Vietnam, trading company Marubeni is planning a coal-fired power station with South Korea’s Korea Electric Power.
 
Japanese businesses were also singled out in recent criticism. “Japan has the largest coal plant pipeline of any developed country, and many Japanese companies are also champions of coal plant development overseas,” a representative of a nongovernmental organization said along with its peers at the COP24 climate change conference in Poland last December.
Source: Nikkei


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

Recent News

Thursday, 28 May 20
COVID-19: A FORCE MAJEURE EVENT? - KYPRIANOU
KNOWLEDGE TO ELEVATE While seeing the unexpected COVID-19 outbreak expanding worldwide and the first cases being identified in Cyprus, the com ...


Thursday, 28 May 20
OIL DEMAND RECOVERED BY 20% IN MAY AGAINST APRIL: RUSSIAN ENERGY MINISTER - TASS
Oil demand remains at a low level but the demand in May increased by 20% against April, Russian Energy Minister Alexander Novak said, cited by the ...


Thursday, 28 May 20
MARKET INSIGHT - INTERMODAL
Earlier in May, China’s top leaders convened for the annual National People's Congress, following over two months of delays due to the co ...


Wednesday, 27 May 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.94 PCT - XINHUA
China Taiyuan coal transaction price index stood at 125.03 points Monday, up 0.94 percent week on week.   The index, released by China ...


Monday, 25 May 20
NON-OPEC OIL SUPPLY DEVELOPMENT - OPEC
Non-OPEC oil supply continued to increase by 2.0 mb/d in 2019, driven by US shale production, which rose by 1.7 mb/d, amounting to 84% of total non ...


   2 3 4 5 6   
Showing 16 to 20 news of total 5937
News by Category
Popular News
 
Total Members : 26,914
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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