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Monday, 16 January 17
WHY THE SOLUTION TO INDIA'S ENERGY CHALLENGE LIES IN COAL POWER PLANTS - BENJAMIN SPORTON
 India’s huge development and energy challenges mean there are economic and development arguments for investing in new coal power plants for the foreseeable future.
More than 240 million people in India have no electricity, and even for those who have, the quality is far below standards acceptable in developed countries. India’s residential electricity consumption lags behind the global average and is, according to the IEA, ten-times lower than that of OECD countries. For example, average residential consumption in Bihar state is around 50 kilowatt-hours (kWh) per capita per year, which equates to an average household use of a fan, a mobile phone charger and two compact fluorescent light bulbs for less than five hours per day.
Historically the most important source of energy has been coal which is abundant and affordable, making it ideal from a cost perspective, as a fuel to expand energy access in India. The industry is also a major employer with more than 1.5 million people working in the coal sector.
As India diversifies its means of power generation it is important to question whether it is genuinely possible to bring electricity to all households and feed industry too with intermittent renewable energy. Excluding coal from the energy mix is not a realistic option.
Indeed, renewables have an important role to play but coal remains the driving force behind electrification and industrialisation and according to the International Energy Agency (IEA), coal will continue to make the largest contribution to electricity generation in India through to 2040.
The Indian government has been clear that all sources of energy will be needed to power up the economy including coal. India’s ambitious renewable expansion will take place alongside (not in place of) growth in coal consumption. Coal per kilowatt is still far cheaper than renewables. However, this should not be a popularity contest between coal and renewables – both are needed for India's development.
India has contributed less than 3% of cumulative greenhouse gas emissions, and the reality is that in as much as the country wants to contribute to climate action policies, it also needs to bring electricity not only to those not currently served but also to the millions more who are underserved. In the words of Harjeet Singh of ActionAid, development of coal resources “is not an obsession for India, it’s a compulsion.”
The Indian government is transitioning to more efficient and cleaner technologies as it makes every effort to meet climate commitments as well as provide energy access and security for its population. To this end they have planned that all inefficient thermal power plants, older than 25 years, will be replaced with modern, efficient and cleaner technologies. This involves what is known as high efficiency, low emissions (HELE) technologies. Several power plants currently producing around 11,000 MW are scheduled to be replaced within five years. We welcome and encourage this as a clear and achievable goal.
The recent news headlines suggesting India would suspend construction of new coal plants for the next 20 years sit in stark contrast to a national electricity report advising that additional coal-based capacity will be needed to fulfil India’s future electricity requirements. The World Coal Association encourages a plan to incorporate cleaner coal burning technologies into India's energy mix in order to meet the country's huge development issues and ambitions.
That’s why projects such as Adani’s Carmichael mine development in Queensland remain essential, because they will supply high quality coal into India for use in modern HELE power plants. Indeed Adani’s management has been clear that they see the Carmichael project as part of an integrated approach across the company. Coal from Carmichael will be used to fuel Adani’s power plants in India.
CEO, World Coal Association
First published in City AM, 13 January 2017
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Friday, 13 October 17
U.S. COAL EXPORTS FOR THE FIRST SEVEN MONTHS OF 2017 TOTALED 51 MMST; UP 62% YOY, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2 million shor ...
Thursday, 12 October 17
THERMAL COAL PRICES IN EUROPE AND ASIA PUSHING HIGHER - DANIEL HYNES
Coal markets took the lead from the oil market, with thermal coal prices in Europe and Asia pushing higher says Daniel Hynes,Senior Commodity Strat ...
Wednesday, 11 October 17
2020 DEBATE AT IBIA'S LISW EVENT: COMPLIANCE & ENFORCEMENT – IT'S COMPLICATED : IBIA
There is no doubt about the start date for the 0.50% marine fuel sulphur limit in MARPOL Annex VI, but questions remain around how it will be enfor ...
Wednesday, 11 October 17
SHIPPING MARKET INSIGHT - TIMOS PPADIMITRIOU
With the majority of second-hand tonnage transactions taking place in the dry bulk sector it’s easy to lose sight of what is happening over a ...
Tuesday, 10 October 17
DELIVERY OF CARGO WITHOUT ORIGINAL BILLS OF LADING - UK P&I CLUB
KNOWLEDGE TO ELEVATE
- It is common in a lot of trades, whether bulk or oil, to accept a Letter of Indemnity (“LOI”) for non-produ ...
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Showing 1916 to 1920 news of total 6871 |
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- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- MS Steel International - UAE
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
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