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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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Wednesday, 19 July 17
SHIPPING MARKET INSIGHT - NASSOS SOULAKIS
Referring back to a previous Intermodal insight that was written in the first quarter of 2017, the author at the time had claimed that MR tanker ra ...
Tuesday, 18 July 17
CHINA'S ECONOMY HAS BOOSTED OPTIMISM IN THE MARKET - GEORGE LAZARIDIS
COALspot.com: China’s economy has boosted optimism in the market as its recently announced GDP growth for the second quarter of the year exce ...
Friday, 14 July 17
IMPORTED COAL IS STILL A SAFE AND RELIABLE SOURCE OF ENERGY IN GERMANY - VDKI
COALspot.com: Imported coal is still a safe and reliable source of energy in Germany. World coal mining has reached a high plateau, but not yet a t ...
Friday, 14 July 17
U.S. WEEKLY COAL-OUTPUT IN SIGNIFICANT DECLINE, EIA FIGURES SHOW
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 13.4 million short tonn ...
Thursday, 13 July 17
BELT AND ROAD SHIPPING INDICES OFFICIALLY RELEASED - XINHUA
COALspot.com: The Shanghai Shipping Exchange (SSE) Tuesday officially launched the Belt and Road shipping indices to track freight trade data among ...
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Showing 2001 to 2005 news of total 6871 |
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- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- The Treasury - Australian Government
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Economic Council, Georgia
- Romanian Commodities Exchange
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