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Monday, 14 August 17
IN A PARIS AGREEMENT WORLD, COAL WILL MEET GROWING ASIAN ENERGY NEEDS - BENJAMIN SPORTON
 When providing 41% of the world’s electricity, 85% of global cement, 74% of the world’s steel and 60% of the world’s aluminum, coal is justly considered an enabler of modern societies and economic development. Coal helps build infrastructure and power up businesses and homes.
If we look at Asia, in particular, we’ll see that according to the United Nations, by 2050 64% of Asia’s population is expected to be urban. As Asia rapidly urbanizes and industrializes, coal becomes the fuel of choice, due to its abundance, affordability, and reliability. 50% of electricity generation growth in Southeast Asia by 2040 will come from coal, overtaking gas as the primary fuel.
Business and industry need reliable electricity. Research by the Asian Development Bank, for instance, has found that businesses reported the single largest obstacle to growth in developing Asia is poor electricity supply. Without access to affordable, reliable, grid-based electricity, which coal provides, it is impossible for economies to grow and develop.
The fact that coal will continue as a critical enabler of development is evident in the national pledges that countries have submitted to show how they will meet the Paris Agreement targets. 24 countries explicitly recognize cleaner coal technology as part of their efforts to reduce their emissions. 11 out of these 24 countries are located in Asia.
Improved access to energy will propel economic growth, something that China demonstrated by achieving almost universal access to electricity. In the past 30 years, China has lifted 680 million people out of poverty by connecting them to the grid that is powered by 73% coal.
With the use of coal projected to continue to grow across Asia over coming decades, a low emission technology pathway for coal is essential.
Cleaner coal technologies, such as high-efficiency low emission (HELE) coal technologies, are technologically proven and commercially available today and reduce CO2 emissions from coal by up to 35%.
By supporting HELE coal technologies, we’ll be making energy affordable and accessible to all and helping to meet climate objectives at the same time. HELE coal technologies are being built all around the world and represent significant progress on the pathway towards carbon capture, use, and storage, which is instrumental to global climate objectives.
As we move toward implementing the Paris Agreement, it is crucial that we understand that climate change and energy are not competing for priorities. The key approach for the world to transition to a low carbon future is to address the CO2 emissions. Coal is not the problem, emissions are.
Benjamin Sporton
WCA Chief Executive
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Monday, 14 August 17
THE FREIGHT MARKET CONTINUES ON AN UPWARD PATH
COALspot.com: The freight market was continued to rose this past week compared to the previous week, as BDI, Cape and Panamax indexes show a positi ...
Friday, 11 August 17
KOMIPO INVITES COAL BIDS FOR BORYEONG POWER PLANT
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for total 1,280,000 Metric Tons of Bitumino ...
Friday, 11 August 17
U.S WEEKLY COAL OUTPUT ALMOST FLAT WEEK OVER WEEK, EIA SAYS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 16.1 million short tonn ...
Thursday, 10 August 17
GLOBAL COAL PRODUCTION FELL SIGNIFICANTLY IN 2016 - IEA
COALspot.com: Global coal production fell significantly in 2016, while global trade in natural gas was up. These are two of the key messages in Wor ...
Thursday, 10 August 17
ANOTHER ACTIVE WEEK FOR THE PANAMAXES WITH INCREASING RATES IN BOTH HEMISPHERES - FEARNLEYS
Supramax
Both basins have remained fairly flat, could say slightly to the negative. A quiet start of the week in the Pacific with holidays in Sin ...
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Showing 1971 to 1975 news of total 6871 |
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- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
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