COALspot.com keeps you connected across the coal world

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


Search News
Latest CoalNews Headlines
Thursday, 18 June 09
GERMAN COAL BUYERS SEE LOWER IMPORTS, PRICES


* Coal imports and prices fall as steel industry slumps
* Coal industry grapples with carbon polluter image

German imports of hard coal are likely to fall 22 percent this year compared with 2008 to a total 37.3 million tonnes, the importers group VDKI said on Wednesday.

"We see a significant decline by 22 percent through the steel industry crisis and the likely reduced demand from power generators," said the chairman of VDKI, Erich Schmitz, at the organisation's annual news conference.

Such imports, complementing indigenous supplies and serving power generators and steelmakers, last year totalled 48.0 million tonnes.

Schmitz also said his organisation believed quarterly coal import prices measured by state statistics office BAFA could fall to 65-70 euros ($90.10-97.03) by the end of this year, 18.7 percent below 83 euros at the end of March.

The use of steam coal for power plants and coking coal and coke for steelmaking by Germany's export-geared industry slumped early in 2009, falling victim to the financial crisis which has depressed economic activity.

Coal producer countries China, India and Indonesia started investing heavily in new capacity in recent years, and now will have to curb planned growth rates, Schmitz said.

"The market tends towards a buyers market which should pressurise world market prices for steam and coking coal," he said, adding a strong euro against the dollar would also help.

"But world trade in steam coal (in 2009) should stay stable while the coking coal market will shrink by 40 to 50 million or 20 to 25 percent," said Schmitz, citing a comparably slow decline in coal-to-power use as electricity demand is robust.

CO2 WOES

The 69-member VDKI, based in the port of Hamburg but close to the Rhein-Ruhr region's heavy industries which it serves, is worried about the sustainability of coal burning amid public criticism of the carbon dioxide (CO2) pollution it causes.

"We argue against this with the plans for higher energy efficiency rates at coal-fired power units and the hoped-for success in capturing and storing CO2 at power stations (in a tested, but not proven, process called CCS)," said Schmitz.

If newbuilding and CCS efforts were combined and successful, German coal generators may cut CO2 emissions to 96 million tonnes a year by 2015 versus 111 million in 2008, he said.

Germany uses hard coal for 20 to 25 percent of its annual power generation, depending on demand and rival fuels.

It mined 18.5 million tonnes of hard coal equivalent units last year but this may fall to 13-14 million tonnes in 2009 under long-term phase-out plans, according to the VDIK.

Lignite, a cheaply mined domestic brown coal, continues to hold a stable share of another quarter of power supply.

Source: Reuters (http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSLH57244220090617?sp=true)



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

Recent News

Friday, 17 July 09
CHINA COAL-SPOT PRICES EDGE LOWER, SUPPLY APLENTY
China Mining reported that, spot prices in China's top coal shipping port Qinhuangdao edged lower from a week earlier, as supply grew, offsetting t ...


Friday, 17 July 09
THE NEW LAW OF MINERAL AND COAL MINING NO 4/2009 CREATE CONDUCIVE CLIMATE OF INVESTMENT IN INDONESIA
COALspot.com (Indonesia): The new Law of Mineral and Coal Mining No 4/2009, which replaces the old mining law No. 11/1967 has been signed by the Pre ...


Friday, 17 July 09
INDIA COAL TRADERS MUST OWN POWER, MINES - C&O BOSS
· Coal traders need to diversify to grow  · Coastal Energen to build first merchant power plant · Tamil Nadu to see st ...


Friday, 17 July 09
CHINA SHENHUA ENERGY'S COAL OUTPUT SWELLS 17.6% IN H1
China Knowledge reported that, China Shenhua Energy Co Ltd, which is engaged in the coal mining, power generation and transportation businesses, on ...


Thursday, 16 July 09
CHINA ISSUES SECOND BATCH OF '09 EXPORT QUOTAS
China has issued 25 million tonnes of coal export quotas for the second batch this year, the National Development and Reform Commission said Wednesd ...


   1317 1318 1319 1320 1321   
Showing 6591 to 6595 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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