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Thursday, 14 August 14
U.S. STEAM COAL IMPORTS REMAIN DOWN SHARPLY FROM HISTORIC HIGH IN 2007, SAYS EIA
 COALspot.com: U.S. steam coal imports at power plants have fallen significantly from their peak level of more than 30 million tons in 2007 to less than 7 million in 2013, says EIA.
According to EIA, the number of plants consuming imported coal similarly fell from a peak of 48 in 2006 to 13 in 2013. Preliminary data for the first five months of 2014 indicate an increase in both imports and the number of plants taking imports, but both are still well below 2007 levels.
U.S. Energy Information Administration, further said, coal imports, mainly from Colombia but also from countries including Venezuela, Indonesia, and Canada, remain a small component of overall U.S. coal consumption—only 3% during the peak year of 2007 and less than 1% in 2013.
Although the United States has abundant supplies of domestic coal, some power plants along the East Coast and the Gulf Coast receive imported coal. Imported coal accounted for between 25% and 50% of total annual coal receipts for the top coal-importing plants from 2002 to 2013.
EIA further reported that, plants in these areas are subject to relatively higher cost of eastern rail transport and in some cases are limited to delivery by waterway. The domestic coal these plants use is also relatively expensive, because nearby Appalachian coals are priced above the national average. These factors increased the cost of domestic coal high enough to make imported coal economically attractive.
Furthermore, some imported coal may have lower sulfur content, making it easier for plants to consume coal without exceeding environmental regulations. Technology improvements have partially removed this advantage, as recent installations of flue gas desulfurization equipment at a number of coal-importing plants have provided these generators with additional flexibility to purchase higher-sulfur coal from domestic suppliers, said EIA.
Coal use at electricity generating plants has been declining in general, as low electricity demand growth and increased competition with natural gas has lessened the demand for coal. The recent decline in coal imports by electric generators in particular is attributable to retirements of coal-fired power plants, decreased utilization of coal-fired power plants, and higher international coal prices compared with domestic prices.
Before 2011, total net summer generating capacity for coal-importing plants was 18,977 megawatts (MW). However, 9% of this capacity was retired between 2011 and 2013, and another 21% of this capacity is planned to retire by 2020. Recent and planned retirements will result in the complete retirement of coal-fired generating capacity at 11 plants and the partial retirement of coal-fired capacity at one additional plant (the Barry plant in Alabama).
The remaining coal-fired electric generators have been used less often in recent years: the average utilization rate of the entire coal fleet declined from 74% in 2006 to 59% in 2013. At plants that consumed imported coal, this drop was larger, falling from a peak of 74% in 2007 to 37% in 2013.
Principal contributor of EIA: Mike Mellish
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Saturday, 27 September 14
OIL MARKET CONTANGO: SPECULATION ON FUTURE PRICES CAN BE A RISKY MOVE, EVEN FOR TANKER OWNERS HELLENIC SHIPPING NEWS
Despite the fact that tanker owners can easily use their vessels as floating storage units for oil, in a bid to exploit the current oil market dyna ...
Saturday, 27 September 14
MORE COAL MINERS AGREE TO AMEND CONTRACTS - THE JAKARTA POST
The Energy and Mineral Resources Ministry is in a rush to beat a deadline for the conclusion of numerous memorandums of understanding (MoUs) with t ...
Friday, 26 September 14
INDIA SUPREME COURT RULING TO HIT STEEL, UTILITY EARNINGS, SAYS FITCH
COALspot.com: The 24 September Supreme Court of India (SCI) decision to cancel almost every coal block allocation since 1993 will have a negative f ...
Friday, 26 September 14
U.S WEEKLY COAL PRODUCTION FELL 1.8% WEEK OVER WEEK, SAYS EIA
COALspot.com – United States the world's one of largest coal producers, produced approximately 18.80 million short tons (mmst) of c ...
Friday, 26 September 14
ORACLE SIGNS EPC FRAMEWORK AGREEMENT WITH SEPCO FOR COAL MINE AND POWER PLANT IN PAKISTAN
COALspot.com: Oracle Coalfields PLC, the UK developer of a lignite coal mine and power plant in the south-eastern Sindh Province, Pakistan, has ann ...
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- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- The University of Queensland
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- VISA Power Limited - India
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- PTC India Limited - India
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Petron Corporation, Philippines
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Minerals Council of Australia
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
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