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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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Tuesday, 12 September 17
KOMIPO TO IMPORT 2.5 MILLION TONS OF 5700 NAR COAL FOR 5 YEARS
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for total 500,000 Metric Tons of Bituminous ...
Monday, 11 September 17
A PUNCHY WEEK FOR THE BIG SHIPS AS THE RATE FOR WEST AUSTRALIA TO CHINA HIT $8.00 THE FIRST TIME IN NEARLY THREE YEARS - BALTIC EXCHANGE
Capesize
A punchy week for the big ships as the rate for West Australia/China hit $8.00 the first time in nearly three years. A Jiangsu Steamship ...
Monday, 11 September 17
INDONESIAN ICPR SURGES HIGHER, POSTS BIGGEST MONTHLY RISE SINCE DECEMBER 2016, ESDM DATA SHOWS
COALspot.com: Indonesian coal benchmark price surges 9.60% in September, government data showed.
The benchmark price of Indonesian th ...
Monday, 11 September 17
KOMIPO INVITED BIDS FOR TOTAL 6.235 MMT OF 5700 AND 5100 NAR COAL FOR 2017 TO 2022 LOADING
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for total 1,590,000 Metric Tons of Bitumino ...
Monday, 11 September 17
THE FREIGHT MARKET ROSE WEEK OVER WEEK; BCI UP 22.22% & BPI UP 14.77%
COALspot.com: The freight market rose in all segments week over week. Mainly Cape and Panamax have supported to pushed up BDI this past week, BDI, ...
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Showing 1946 to 1950 news of total 6871 |
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- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- The University of Queensland
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Deloitte Consulting - India
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- MS Steel International - UAE
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- White Energy Company Limited
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Central Java Power - Indonesia
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
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