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Wednesday, 12 October 11
INDONESIAS COAL RUSH - JOSEPH KIRSCHKE
 COALspot.com - Last winter, the Chinese government mobilized thousands of soldiers and reservists of the People’s Liberation Army to the port of Qinhuangdao, the shipping point for more than half the country’s coal, in northeast China. Their collective mission: to help load and supply imported coal to avert massive power outages.
Amid a summer heat wave, China, which relies on half the world’s coal supply for 70 percent of its energy, is again in bad shape — even as it simultaneously mines coal and imports it at record levels. The Railway Ministry has deployed trains nationwide as 20 regions have instituted rations to cope with a power deficit far above that of Japan’s after the March tsunami.
All this is a plus for Indonesia, Southeast Asia’s biggest economy, which already exports more coal to China than any other nation. But Beijing’s increasing focus on innovation, economic sustainability and the environment means that thermal coal, or steam coal, will allow coal companies in Indonesia even more profits as China heaves further into the 21st century. Thermal coal is used for power generation, and Indonesia has more of it than any country in the world.
China is now the world’s leading consumer of coal — bringing in some 200 million tons of it at last year — since importing began four years ago, despite having the third-biggest reserves on the planet. But China’s domestic coal market faces serious hardships; each one drives up import demands, all contribute to a long-term drop in production.
Payloads from distant Inner Mongolia and Xinjiang, for example, face ramshackle highways: a 100-kilometer, two-week-long traffic jam filled with coal trucks just outside Beijing last year was nothing if not a reminder. Record mining fatalities — some 80 percent of the world’s total with 3,000 deaths annually — are also prompting authorities to shutter mines by the thousands. At the same time, according to Beijing’s China Coal Research Institute, four-fifths of all Chinese coal fails to meet national industrial standards.
But for a country building a new power plant weekly, with the world’s largest carbon footprint, the environment and energy efficiency are a priority. This is underscored in Beijing’s 12th Five-Year Guideline, a policy mandate dating back to foundation of the People’s Republic in 1949. In it, the Communist Party of China now emphasizes economic and environmental sustainability, including further use of thermal coal — both high-grade and low in sulfur.
This is excellent news for Indonesia. China, in fact, is predicted to more than double thermal coal imports to 200 million tons by 2015, up from 90 million tons this year, as 39 percent of the world’s increase will come from Indonesia. By 2030, global coal production is projected to reach seven billion tons — 5.2 billion of it being steam coal. Thermal coal, thus, is set to outstrip the value of all other Indonesian export commodities — well above other types of coal, minerals and natural gas.
Straddling the “Ring of Fire,” Indonesia is to geothermal power what the Persian Gulf is to oil — with 40 percent of the world’s thermal coal. This is an energy source used by 70 other countries and is considered highly sustainable. Indeed, thermal coal is already considered one of the most prized commodities on the planet.
China’s trend isn’t entirely new. In recognizing its value in reducing acid rain and greenhouse gases while increasing the efficiency of its coal-fired power plants, China has greatly surpassed the United States in its “clean coal” capacities. Developments include the 2008 establishment of a $73 million thermal coal research facility by the Chinese Academy of Sciences and British Petroleum. And Beijing has acquired 41 patents on thermal coal technology in the last 30 years.
Not only the European Union, Washington, too, has partnered with Beijing. It has done so in particular via China’s Thermal Power Research Institute, a leading research organization that has licensed technology to a US clean coal energy initiative. Previously scrapped due to high costs, the project was revived with $1 billion from the Obama administration in 2009.
This demand equals a win-win for Indonesia’s thermal coal companies — and, by extension, Indonesia, thanks to its low-cost work force and shipping industry. In May, President Susilo Bambang Yudhoyono officially announced a $468 billion economic master plan for 2011 to 2025 that some have called “ambitious.”
His wish may have already been granted.
About Joseph Kirschke
Joseph Kirschke is a Jakarta/Beijing-based Communications Consultant and Political Analyst who works with international investors, media and energy and trade companies.
The above article was also published on The Jakarta Globe. Views and opinions / conclusion expressed herein are personal views of the author and not that of COALspot.com.
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Friday, 22 June 12
GLOBAL ACTION NEEDED ON ENERGY POVERTY - WORLD COAL
Eradicating energy poverty is possibly the biggest challenge facing the world today. Like climate change it can only be addressed with a concerted g ...
Friday, 22 June 12
COAL: THE BACKBONE OF MODERN ELECTRICITY - ECOAL
Coal has been described as the "forgotten fuel," perhaps because many aren't aware of the huge role it plays in powering the global econo ...
Thursday, 21 June 12
DRY BULK MARKET ON THE RISE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was on the rise once again yesterday, with the Baltic Dry Index (BDI), the industry’s benchmark, rising by 18 points, or 1 ...
Wednesday, 20 June 12
BDI MOVING HIGHER, PANAMAX AND SUPRAMAX VESSELS STRONGER, CAPESIZE RATES NEAR TO HISTORICAL LOWS OF DECEMBER 2008 - MARIA BERTZELETOU, HELLENIC SHIPPING
The dry market seems to follow the dynamic of the previous week with the Baltic Dry Index showing daily increases since June 8th, but is still stand ...
Tuesday, 19 June 12
SMALLER DRY BULK CARRIERS LIFT UP MARKET, PANAMAXES SET TO FALL SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Another rise for the dry bulk market was evident yesterday, as the industry’s benchmark, the BDI (Baltic Dry Index) was up for a ninth straigh ...
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- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- CNBM International Corporation - China
- Bhatia International Limited - India
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
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