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Thursday, 18 July 19
WORLD TRADE IN HARD COAL ROSE BY 4.7% IN 2018 - GERMANY COAL IMPORTERS ASSOCIATION
 World Trade in Hard Coal Rose by 4.7% in 2018
Hard Coal Can Prevent Stress in the Electric Power System in Germany
• Sharp decline in German hard coal imports (-9%)
• Exit decision must not be allowed to endanger supply security
• Power supply will become insecure and expensive without hard coal
Existing hard coal-fired power plants secure the energy transition (backup).
According to the Germany Coal Importers Association, hard coal-fired power plants secure supply during load peaks, are not affected by the dark doldrums and prevent fluctuations in power tension that can cause major financial losses to private households and industry. The “Coal Commission” has proposed financial incentives for the construction of open-cycle gas turbines. These plants have a lower degree of efficiency, however, and a lot of money must be spent and a lot of resistance among the population must be overcome before they can be built while hard coal-fired power plants are available right now.
The exit from hard coal is already well under way even without the “Coal Commission”: in 2018, the volume of hard coal used for power generation declined by 16.3% (2017: -16.4%). A decline of 23% has accrued for 2019 so far. The hype regarding an exit decision for hard coal is not understandable.
The Association's recent press release noted that, shutting down the best energy source that already exists for securing German power supply will not have any impact whatsoever on global climate. Countries such as Denmark, France, Great Britain and Canada have joined an alliance for the purpose of exiting coal quickly. Swedish scientists have calculated that this corresponds to 1/150 or 0.67% of the estimated emissions from hard-coal-fired power plants worldwide by 2050. Germany is not a member of this alliance, but wants to make a decision for the exit from coal in this year. This would save 0.25% of the estimated emissions from hard-coal-fired power plants worldwide up to 2050. Not a reason to put our power supply at risk.
The worldwide trend to more hard coal is unabated. World hard coal production in 2018 came to 7.1 billion tonnes – exceeding the high point of 2015. World trade has grown even faster. Take India as an example: according to IMF, the country will post the highest rate of economic growth worldwide in 2019 (7.2%). The energy demand in this country has not declined at all – despite its own production of 720 million tonnes (2018), the growing demand for coal can be covered solely by imports of 221 million tonnes (2018). Hard coal is not a discontinued model, but is instead securing economic growth in Asia, the Germany Coal Importers Association concluded.
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Friday, 19 January 24
CHINA'S 2023 COAL OUTPUT HITS RECORD HIGH - REUTERS
China’s coal output reached a record high in 2023, data from the statistics bureau showed on Wednesday, amid an ongoing focus on energy secur ...
Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...
Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
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Showing 31 to 35 news of total 6846 |
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- Wood Mackenzie - Singapore
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Planning Commission, India
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Bhatia International Limited - India
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
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