We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 28 January 16
WHAT ARE THE PROSPECTS FOR COAL IN LIGHT OF THE PARIS CLIMATE AGREEMENT? - GERMAN COAL IMPORTERS ASSOCIATION
 This depends – says the VDKi – to a very great extent on who you want to believe more, the United Nations or the International Energy Agency – or, in other words, a politically motivated result or a forecast that has at least not completely lost touch with reality.
The International Energy Agency (IEA) has issued a forecast covering the period up to 2040 in its World Energy Outlook (WEO) 2015; it is based on the scenario of the new policies regarding the reduction of greenhouse gases. The so-called New Policies Scenario includes all of the reduction measures that have been adopted politically, but not yet implemented. According to the forecast, renewable energies will in 2040 have a total share of one-third of power generation and will have overtaken fossil energy sources, and the share of coal in power generation worldwide will have declined from 41% today to 30% in 2040.
VDKi further noted that, at the same time, however, power demand will have grown by 40% by that time, and even in a quarter of a century, 67% of the world’s power will be generated by the use of coal, gas, oil and nuclear – a figure that the national as well as international climate politicians would have been well advised to take into account before the negotiations in Paris. Instead, an estimate was presented in Paris showing that in 2040 coal will contribute only 2% and natural gas only 7% to worldwide primary energy demand and not only to power generation, contrasting with 57% from renewable energies.
According to VDKi, the IEA estimates, on the other hand, show that renewable energies will cover only 5% of global primary energy demand. These scenarios are diametrically opposed. If the IEA forecast is taken as the basis, the only conclusion is that the fundamental assumption (more precisely, the faith) embodied in the Paris Climate Agreement that the world could change over completely from fossil to renewable energies and in this way achieve significant reductions in greenhouse gas emissions is not realistic.
Europe and Germany
According to German Coal Importers Association, the European Union saw primarily a decline in coal imports in comparison with 2014. Imports to the United Kingdom fell especially strongly (-37%). Italy and Germany will presumably have imported as much hard coal by the end of last year as in the previous year. Spain increased its imports by 2 million tonnes to 18 million tonnes. The rise in power generation from renewable energy sources and the lack of overall sustainable economic growth in the EU will presumably limit the import of steam coal into the EU in 2016 as well.
One positive aspect in the view of the VDKi is the continuing advantage of the clean dark spread (costs for coal, freight and CO2 certificates) over the clean spark spread (costs for gas, transport and CO2 certificates) in 2015 despite substantial pressure on volumes and prices of gas. This factor has favoured coal-fired power generation in the “race to cover the load” remaining after the priority feed-in of renewable energies and has pushed gas-fired power generation in Europe even further aside. Power was frequently exported to countries that depend heavily on natural gas for power generation such as the United Kingdom or the Netherlands. In addition, electricity was exported to countries that lacked availability of adequate power plant capacities to the network because of the dry summer in 2015, e.g. France or Austria.
While the use of hard coal in Germany in 2015 fell in total by only 0.7% to 57.7 million TCE, use of coal in the steel industry remained unchanged at 17.8 million tonnes. The use of hard coal for power generation fell moderately by 0.8% to 38.0 million TCE and for heat generation minimally by 0.1 million TCE. Overall, about two-thirds of the total consumption of hard coal in Germany are attributed to power generation.
Hard coal imports to Germany last year were noteworthy in view of the general situation of climate policies. According to preliminary calculations of the VDKi, imports declined by a mere 4% to about 54 million tonnes.
Eighty-nine percent of the total sales of hard coal in Germany of 57.7 million TCE (preliminary) in 2015 were covered by imports, 11% by domestic hard coal, said VDKi.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 07 April 16
PANAMAX RATES ARE FIRMING IN BOTH HEMISHEPHERES - FEARNLEYS
Capesize
With a great volume our of west Australia, rates were finally moving to upper 3's. and stabilizing towards the middle of the week in ...
Thursday, 07 April 16
BIMCO AND GIIGNL PUBLISH A GROUNDBREAKING VOYAGE CHARTER PARTY FOR LNG TRADE
BIMCO and the International Group of Liquefied Natural Gas Importers (GIIGNL) have today jointly issued the first definitive voyage charter party & ...
Wednesday, 06 April 16
HOW LONG SHIPPING CRISIS WILL BE; WHEN SHOULD OWNERS EXPECT THE BULK CARRIERS TO BECOME PROFITABLE? - INTERMODAL
It is the consensus that dry bulk shipping has been in a crisis for quite some time now. Bulk carrier values are at historical low levels, therefor ...
Tuesday, 05 April 16
DRY BULK REVISITS 1980S LOWS AND FACES UNCERTAIN LONGER TERM OUTLOOK - MSI | HELLENIC SHIPPING NEWS
With the market near bottom, attention is turning to the length of the downturn, the effect on asset values and the impact of broader demand side c ...
Monday, 04 April 16
THE LOADING, AND SUBSEQUENT DISCHARGE, OF UNSAFE NICKEL ORE - ALL TIME TO 'COUNT' - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
In a recent, published, London arbitration award the English tribunal has held that all time lost as a result of loading, ...
|
|
|
Showing 2491 to 2495 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- The University of Queensland
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Eastern Coal Council - USA
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
|
| |
| |
|
