COALspot.com keeps you connected across the coal world
  • DEC 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 66.30 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
Thursday, 31 October 19
SE ASIA MAY BECOME NET FOSSIL FUEL IMPORTER IN COMING YEARS - IEA
IEASoutheast Asia is set to become a key driver of world energy trends over the next 20 years as its energy demand grows at twice the global average, reflecting the region’s economic rise but also increasing the challenges for its policy makers, according to a new report by the International Energy Agency.
 
Southeast Asia Energy Outlook 2019 finds encouraging indications in many areas, but also some warning signs in terms of the security and sustainability of energy systems. The report, part of the IEA’s flagship World Energy Outlook series, was released alongside two other studies focused on the region: The Future of Cooling in Southeast Asia and ASEAN Renewable Energy Integration Analysis.
The content of the reports reflects the priorities of senior energy leaders in Southeast Asia. In 2018, energy ministers from the Association of Southeast Asian Nations (ASEAN) called for “stronger institutional ties” between ASEAN and the IEA, and requested the Agency’s assistance in several specific areas, including regional power trade, renewables integration, cooling efficiency and investment. These topics are all examined in detailed deep dives in the new reports. Keisuke Sadamori, the IEA’s Director of Energy Markets and Security, is presenting the report today at the 3rd Singapore-IEA Forum, part of Singapore International Energy Week.
 
Southeast Asia Energy Outlook 2019 and the two accompanying reports are a demonstration of the IEA’s ever deepening ties with Southeast Asia and ASEAN member states. The IEA has expansive work programmes with nations across the region, notably Indonesia, Thailand and Singapore, which are IEA Association countries. ASEAN identified the IEA as “a key strategic partner” this year, putting it in a unique position to work with and assist the region. The agency’s collaboration with national governments and ASEAN takes place across a wide range of energy issues such as energy efficiency, investment, power systems, energy security and data.
 
“Southeast Asia is set to have a major impact over the next two decades, adding the equivalent of Japan’s entire energy system to global demand. This rapid growth underscores the importance of Southeast Asian countries’ energy policies for their citizens but also for the world,” said Dr Fatih Birol, the IEA’s Executive Director.
 
“As a key strategic partner of ASEAN, the IEA aims to help the region tackle its energy challenges across all fuels and all technologies, including through the insights provided in these latest reports,” Dr Birol said.
 
According to Southeast Asia Energy Outlook 2019, the region is well on the way to achieving universal access to electricity by 2030. Millions of people in Southeast Asia have gained access to electricity since 2000, yet some 45 million there are still without it today. Meanwhile, rising fuel demand has outpaced production from within the region, meaning Southeast Asia is now on a path to becoming a large net importer of fossil fuels – mostly oil – with an annual energy trade deficit that balloons to more than USD 300 billion by 2040 under today’s policy settings. As well as being extremely costly, this raises energy security concerns as the region becomes ever more dependent on fluctuations in global energy markets and more vulnerable to unpredictable geopolitical events.
 
Since 2000, Southeast Asia’s 80% increase in overall energy demand has largely been met by a doubling in fossil fuel use. Oil is the largest element in the regional energy mix, and coal – largely for power generation – has been the fastest growing. This has underpinned the region’s development and industrial growth, but has also made air pollution a major risk to public health and driven up energy-related CO2 emissions.
 
Investment in renewables is starting to pick up: renewable capacity is expected to expand by more than one-third over the next five years, led by solar PV and hydropower. However, without additional changes in policy intentions, renewable sources of power generation would account for only around one-third of the increase in electricity demand to 2040, according to the new Outlook.
 
Based on today’s policy settings, Southeast Asia’s overall energy demand is set to grow by 60% between now and 2040. All fuels and technologies play a part in meeting the projected increase: oil demand surpasses 9 million barrels per day (mb/d) by 2040, up from just above 6.5 mb/d today. Coal demand rises steadily.
 
If the region continues on this track, the consequences would be troubling. The number of annual premature deaths associated with outdoor and household air pollution is projected to rise to more than 650 000 by 2040, up from an estimated 450 000 in 2018. The projected growth in fossil fuel consumption would drive a two-thirds rise in CO2 emissions, reaching almost 2.4 billion tonnes in 2040.
Steering the region on to a healthier and more sustainable path would require concerted action across all parts of the energy sector, driven by a major increase in investment that includes significantly higher private sector financing.
 
The four essential pillars of this shift would be:
 
  • Massively scaling up the deployment of renewables, which can be helped by greater integration of regional power systems and by leveraging the region’s modern bioenergy potential in a sustainable manner;
  • Putting a major focus on improving energy efficiency, especially in fast-growing sector such as cooling and road transport;
  • Phasing out fossil fuel consumption subsidies in order to spur more sustainable energy consumption and investment decisions;
  • Tackling legacy issues, most notably by addressing emissions from the least-efficient coal plant. Carbon capture, utilisation and storage is a vital technology option to reduce emissions from the power sector and from industry.
The IEA will continue to offer the data, analysis and real-world solutions to help countries in the region achieve their energy policy objectives.
Source: IEA


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

Recent News

Wednesday, 04 December 19
SHIPPING MARKET INSIGHT - INTERMODAL
Dry bulk freight rates rebounded last week, a development that came as a relief following the recent negative sentiment that prevailed in the marke ...


Wednesday, 04 December 19
INDONESIA REVIEWING RULES MANDATING COAL SALES TO LOCAL BUYERS: OFFICIAL - REUTERS
Indonesia is reviewing rules that require coal miners to sell a portion of their coal to local buyers, a government official said on Monday, as sup ...


Tuesday, 03 December 19
STABILITY AND COMPATIBILITY OF VERY LOW SULPHUR FUEL OILS - GARD
In order to meet increasing restrictions on the sulphur content in marine fuel as defined by MARPOL Annex VI Regulation 14.1.3, the characteristics ...


Monday, 02 December 19
COAL PRODUCTION IN INDIA UP BY 164.58 MT IN 5 YEARS - BUSINESS LINE
Raw coal production in the country has increased from 567.77 million tons (MT) in 2013-14 to 730.35 MT in 2018-19, Union Coal and Parliamentary Aff ...


Monday, 02 December 19
OPEC PREPS FOR OIL'S 2020 BALANCING ACT - WOOD MACKENZIE
What steps should OPEC and its non-OPEC partners take to keep the market in balance in 2020? Ahead of OPEC’s meeting in Vienna on 5 and 6 Dec ...


   1 2 3 4 5   
Showing 11 to 15 news of total 5624
News by Category
Popular News
 
Total Members : 26,661
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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