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Friday, 04 August 17
IMPORTED COAL CONTINUES TO BE A COMPETITIVE, SAFE AND RELIABLE ENERGY SOURCE FOR GERMANY - VDKI
 COALspot.com: Worldwide hard coal production in 2016 declined by 3.8% to 6.7 billion tonnes.
According to the Germany Coal Importers Association, the decrease was caused primarily by developments in China (-185 million tonnes) and the USA (-147 million tonnes). The shale gas boom was not the only factor playing a role in the USA. From the world market perspective, the USA is a supplier with relatively high costs, putting pressure on the industry. In China, the central government has begun shutting down unsafe and expensive mines. China’s imports rose to 124 million tonnes, however, especially as compensation for the production cutbacks resulting from limitations in working hours.
Existing generation capacity for imported hard coal is still best backup for the energy turnaround - VDKi
The coal importers association of Germany further said, if these two effects were excluded, world hard coal production would have risen by 64 million tonnes and not dropped by 268 million tonnes. Hard coal production rose in Colombia (+5.8%), Russia (+2.9%), Australia (+2.9%), India (+2.1%) and Indonesia (+1.2%). The rise in production in these countries is evidence that there are still countries with a growing demand for coal. While India produces a substantial part of its own demand, although nevertheless importing significant quantities from the world coal market, there are a number of ASEAN countries that are triggering a demand on the world coal market because of the demand for supplies to newly constructed hard coal-fired power plants.
The association further noted this is also why seaborne trade with steam coal dipped by only 0.7%. Seaborne trade with coking coal, on the other hand, shrank by 5.2%. The bottom line is that seaborne world trade declined by 1.8% from 1,135 million tonnes to 1,115 million tonnes. There was a significant slowdown in the drop in comparison with the previous year (-8.5%).
Imported coal continues to be a competitive, safe and reliable energy source - VDKi
This also put an end to the slump in coal prices. Compared to the lowest points, the price for steam coal had at one point doubled, and the price for coking coal had even trebled. This temporarily led to a shift in the competitive position of hard coal versus natural gas for power generation. In the meantime, prices have again dropped. Both of these temporary price movements were overreactions that resulted from the production cutbacks being implemented in China.
Germany Coal Importers Association strongly believe that the Imported coal continues to be a competitive, safe and reliable energy source in Germany. Since renewable energy sources alone cannot guarantee a secure supply, thermal power plant output will continue to be a critical pillar for a longer period of time. Hard coal is an ideal partner – the countries of origin are distributed all around the globe so that supplies are safe from crises. Nor can zero emissions be achieved using natural gas. If the German energy turnaround is to continue its success, it must be implemented in other sectors as well. In 2016, CO2 emissions rose in road traffic and for heating. The strongest growth in CO2 emissions came from the use of natural gas (9.5%).
Think tank: use of hard coal capacity more flexible than generally known - VDKi
Sector coupling will lead to a growing need for backup capacities to an even higher level than today so that the fluctuating supply from renewable energy sources can be compensated. It is economically efficient to use existing power plant capacities for this purpose, whether they are fired by coal or natural gas. The think tank Agora Energiewende recently determined that coal is much more flexible than is generally known. And coal is a bargain. European emissions trading will be a dependable method for reaching the CO2 reduction targets. A CO2 minimum price only makes the energy costs for German industry higher.
The conclusion: hard coal will be needed for a much longer time than many believe. Supplies are secure, the fuel can be used flexibly and is a bargain because it is subject to constant competition – to the benefit of consumers, Germany Coal Importers Association concluded.
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Wednesday, 13 December 17
REFINED COAL HAS MADE UP NEARLY ONE-FIFTH OF COAL-FIRED POWER GENERATION SO FAR IN 2017 - EIA
The U.S. power sector consumption of coal is increasingly shifting to refined coal, even as coal-fired electricity generation decreases. Use of ref ...
Wednesday, 13 December 17
DEMAND FOR THERMAL COAL LOOKED RELATIVELY ROBUST - DANIEL HYNES
Coal prices were a touch higher. Demand for thermal coal looked relatively robust, after reports continued to surface that Chinese authorities have ...
Wednesday, 13 December 17
SHIPPING MARKET INSIGHT - GEORGE PANAGOPOULOS
As another year is coming to an end and much has been already written about the positive reversal in the dry bulk market, we think it is interestin ...
Monday, 11 December 17
INDIA CONSUMERS ARE SAID TO BE DESPERATELY SEEKING CARGOES - DANIEL HYNES
Coal markets were stronger, as strong demand outside China continues to spur buying said Daniel Hynes, Senior Commodity Strategist at ANZ.
Acc ...
Monday, 11 December 17
CAPESIZE FFA MARKET LOOKING PROMISING MOVING FORWARD - FIS
Capesize
Another very promising day for the big ships as rates continued to firm in both oceans and the paper market ate into the backwardation s ...
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Showing 1851 to 1855 news of total 6871 |
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- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- White Energy Company Limited
- Siam City Cement - Thailand
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- The University of Queensland
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Australian Coal Association
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Altura Mining Limited, Indonesia
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