COALspot.com keeps you connected across the coal world
  • AUGUST 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS FIXED AT US$ 72.67 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

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
Tuesday, 16 July 19
KING COAL RULES IN JAPAN AS POWER UTILITIES IN THRALL TO LOW-COST FUEL - REUTERS
Japanese utilities will rely on the return of coal-fired power plants from maintenance to meet peak electricity demand this summer, highlighting the country’s dependence on the more polluting fuel instead of natural gas.
 
Coal-power stations capable of producing 10,437 megawatts (MW) of electricity will be fired up in the next few weeks, a Reuters survey of the companies shows.
 
The return of these units illustrates Japan’s inability to shake off coal as a mainstay fuel for its power generation despite pledges to reduce carbon emissions under the 2015 Paris climate agreement and even as the country remains the world’s largest liquefied natural gas (LNG) buyer.
 
Coal remains the cheapest fuel source for Japanese utilities as long-term contracts for cleaner burning LNG have risen this year since they are tied to the price of crude oil, which is up 25% in 2019.
 
As a percentage of Japan’s generation units, Japan’s gas-fired power capacity is nearly double that of coal. But utilities rely more on coal as a so-called baseload source, providing a continuous supply of electricity, while gas units are typically ramped up quickly to meet surges in demand.
 
Japan’s average import price for LNG in May was $9.41 per million British thermal units (mmBtu), according to the country’s trade bureau. Meanwhile, spot LNG prices dropped to $4.30 per mmBtu as of last week amid slowing demand.
 
However, Japan in May paid $4.26 per mmBtu for thermal coal supplies from Australia, which provided two-thirds of imports.
 
“Unless they are mandated or pushed to switch off coal we think the economic case is relatively limited to encourage more LNG use at the expense of coal,” said Giles Farrer, research director, global LNG, at Wood Mackenzie. “The price levers don’t support it on an overall basis.”
 
Japanese utilities are unable to dip into the cheaper spot LNG market because so much of their supply is being met by the existing higher-priced long-term contracts.
 
That is a hangover from the 2011 Fukushima nuclear disaster that shuttered the country’s reactors which had met 30% of Japan’s power needs. Without the nuclear power, utilities rushed to sign gas contracts, which are just starting to kick in.
 
Coal power is expected to provide 285.7 billion kilowatt hours (kWh) of electricity in the year through March 2020, an increase of 3.3% over the previous twelve months, according to supply plans submitted by utilities and generators to the government and published by Japan’s power grid monitor.
 
Generation from LNG is expected to fall almost 9% to 347.1 billion kWh during the same period, according to the grid monitor, the Organization for Cross-regional Coordination of Transmission Operators.
 
JERA, Japan’s biggest power generator and LNG buyer, Kansai Electric Power, the country’s second-largest power company, and seven other operators will have brought back 18 coal-fired power plants in the next few weeks, the companies told Reuters in responses to a survey on their LNG and coal use.
 
They all said they would restart coal plants once maintenance was completed, with JERA starting up 2,300 MW of coal power in recent days.
 
Japanese utilities typically put coal stations into maintenance in between the winter and peak demand seasons.
 
LNG makes up 25.9% of Japan’s overall generation capacity while coal accounts for 14.9% of the capacity, according to the grid monitor.
 
However, the utilities will run their coal plants much closer to their actual capacity than the gas plants. For coal plants, this capacity factor will be 73% of their full output in 2019, down 0.2 percentage points from 2018, according to the grid operator data.
 
The capacity factor for gas plants in 2019 is forecast to fall more than 5 percentage points to 47.6%, the data showed.
 
Japanese utility Hokuriku Electric, which operates in western Japan, said it would not switch from coal to LNG even if prices dropped further.
 
“We barely have the capacity to switch swiftly from coal to LNG and vice versa,” the company said.
 
Other operators said a range of factors were considered when deciding on fuel choice, including delivery schedules for fuel under contract, inventory levels and operational readiness of units.
 
“We do not decide on our power sources only on the basis of a decline in LNG prices,” Kansai Electric said in response to the survey, declining to comment on whether it would use more of the fuel.
Source: Reuters 


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

Recent News

Tuesday, 20 August 19
NORDEN HAS BEEN AWARDED A 3-YEAR CONTRACT FOR THE TRANSPORTATION OF COAL FROM INDONESIA TO HONG KONG
NORDEN has been awarded a 3-year contract with a power company in Hong Kong for the transportation of coal from Indonesia to Hong Kong.   ...


Tuesday, 20 August 19
THE AUGUST 2019 INDONESIAN COAL PRICE REFERENCE POSTS THE FIRST MONTHLY GAIN SINCE AUGUST 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...


Monday, 19 August 19
INDONESIAN COAL RUNS, A 82,000DWT SHIP WAS FIXED DELIVERY CHINA VIA INDONESIA, REDELIVERY JAPAN, IN THE MID $16,000S - BALTIC BRIEFING
Capesize The Capesize market was buoyant in both basins this week, posting gains across the board. After bottoming out the previous week, rates ...


Sunday, 11 August 19
ULTRAMAX: A 58,000DWT VESSEL OPEN KEMAMAN FIXED FOR TWO TO THREE LADEN LEGS, REDELIVERY SINGAPORE-JAPAN, AT $12,250 - BALTIC BRIEFING
Capesize With typhoon Lekima gathering pace, numerous China ports were closed by the end of the week and will likely be for two to three days. ...


Tuesday, 06 August 19
SHIPPING MARKET INSIGHT - INTERMODAL
On the 12th of May four tankers were attacked near the coast of Fujairah.  The tankers hit were waiving international flags such as that of No ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5523
News by Category
Popular News
 
Total Members : 26,432
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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