COALspot.com keeps you connected across the coal world
  • MARCH 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 67.08 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
Friday, 14 February 20
IS THE US COAL INDUSTRY COMPLETELY BURNED OUT? -FORBES
ForbesThis is the fourth of a multi-part series on the state of the main sources of energy in the US and how they compare globally. The series will cover solar, wind, oil & gas, coal, nuclear, and geothermal (so far) and will answer the same four questions for each.
 
1. How big is the US coal industry, and what is its growth trajectory?
 
US coal employment peaked in the 1920s and the whole sector (mining, transport, and power plants) currently supports about 174,000 jobs. In 2018, US mines produced about 756 million short tons of coal, the majority of which (544 million short tons) was burned in coal-fired power plants to generate 966 billion kWh of electricity, about 24% of all electricity generated in the US.
 
However, coal has largely fallen out of favor for electricity production as price declines in natural gas and, to a lesser extent, renewables have made it harder for coal plants to make money in electricity markets. The average US coal plant is now over 40 years old, and there is not a single commercial coal plant under construction in the country. Some scenarios have coal generation remaining flat for the next couple of decades, but most market fundamentals and societal goals indicate further declines.
 
In the past decade, over 500 coal-fired power units have been retired, or announced their retirement. Further, it is estimated that over 85% of existing coal plants will be uneconomic compared to local renewables by 2025. These dire conditions have many states with regulated electricity markets scrambling to either financially support uneconomic coal plants or provide securitization strategies to allow them to retire early while still making good on their debts. As demand for coal has declined, almost a dozen coal mining companies have filed for bankruptcy in the past 5 years.
 
On the other hand, US coal exports have been trending upwards as the world economy continues its decade long recovery and demand for energy and goods continues to increase.
 
Over half of US coal exports are for making steel (metallurgical/coking coal) and the rest for electricity (steam/thermal coal). Major destinations for US coal exports are India (15%), The Netherlands (11%), and Japan (9%), among others. Some countries, largely led by China, are continuing to build coal plants, which could increase demand for US coal exports. Although, some western states have sought to block coal export terminals, forcing some US exports to depart through Canada.
 
2. Which US states lead in coal?
 
While Appalachia is home to the vast majority of individual coal mines, the relatively few number of mines in the western Powder River Basin (PRB) produce many more tons of coal annually. Of the 43% of US coal that comes from the PRB, 93% of that (40% of US total) comes from the state of Wyoming. West Virginia produced the second highest amount of US coal, almost 13% of total US production.
 
Although Texas only produces the poorest quality coal, lignite, it nonetheless consumes more coal than any other state, almost by a factor of two, even though its usage is down almost 20% (2018 vs. 2017). North Dakota consumes the most amount of coal for uses other than power generation.
 
3. What are the biggest challenges faced by the coal sector today?
 
By far the biggest realized challenge facing the US coal sector is economic pressure from low cost natural gas, and to a lessor, though growing, extent, renewables. The hydraulic fracturing boom has vastly increased the supply of natural gas, making it stubbornly cheap and the new firm fuel of choice in power generation. A recent study found that low cost natural gas prices was responsible for 85-90% of wholesale electricity price declines in some markets.
 
Also, the US is generally not building big power plants (of any type) anymore. Coal (and current generation nuclear) plants are generally built as large units to produce cheaper electricity. However, other technologies, such as gas and renewables, can be built in smaller sizes, for cheaper, and thus incur less capital risk, making them easier to finance. The US Department of Energy has made a push for small modular coal plants, but there doesn’t appear to be much traction as of yet.
 
The biggest existential threat faced by the US coal sector is by far climate change. Of the major fuels used to generate electricity in the US, coal produces the most carbon emissions. But technical and political times are changing. About 45% (and growing) of all electricity (by at least 2050) in the US has been pledged to be carbon-free and one of the easiest ways to start to make good on such promises is to shutter coal plants.
 
Coal’s future (at least for power production) appears to be burning out. Other technologies, such as gas and renewables, are beating coal on price, flexibility, and finance-ability. Absent significant improvements in carbon capture and sequestration technology, most developed markets, but not all, are likely to continue shuttering their coal fleets over the next couple of decades. However, the world is going to continue to need steel in the short and long-term, and while electric arc furnace metals recycling and new smelting technologies might help reduce the need for metallurgical coal and its associated emissions, the vast majority of steel is still currently made using coal.
Source: Forbes


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

Recent News

Tuesday, 10 May 16
VOLATILITY? VARIATION NO ENIGMA TO SHIPPING..... - CLARKSONS
Along with cyclicality, the other characteristic of the shipping markets which receives frequent mention is volatility. This is so evident that the ...


Monday, 09 May 16
INDONESIAN CS COAL INDICES UP CONTINUES; POSITIVE DIRECTION
COALspot.com: Average 5000 GAR coal index of Indonesian origin up 0.10 percent week over week to averaging $38.82 per ton on this past Wednesday, a ...


Monday, 09 May 16
DRY BULK SHIPPING TO WITNESS STEADY PROGRESS MOVING FORWARD ON THE BACK OF GROWING TRADE VOLUMES - BIMCO
In its latest short-term analysis of the shipping markets, BIMCO reiterated its optimism on the prospects of the dry bulk market moving forward. Ac ...


Monday, 09 May 16
BALTIC DRY INDEX ENDS WEEK ON A NEGATIVE NOTE
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this week. The freight market was weak and a ...


Friday, 06 May 16
U.S. WEEKLY COAL PRODUCTION UP 9 PERCENT W/W; DOWN 35.3 PERCENT Y/Y - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.3  million short to ...


   281 282 283 284 285   
Showing 1411 to 1415 news of total 5840
News by Category
Popular News
 
Total Members : 26,838
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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