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Wednesday, 29 November 17
THE LAST DAYS OF COAL? - ALIBRA SHIPPING
 At least 15 countries have joined an international alliance to phase out coal use for power generation before 2030.
Britain, Canada, Denmark, Finland, Italy, France, the Netherlands, Portugal, Belgium, Switzerland, New Zealand, Ethiopia, Mexico and the Marshall Islands have joined the Powering Past Coal Alliance.
The alliance aims to have 50 members by the next UN climate summit in 2018.
The alliance further problematizes the future of coal as a fuel for power generation and, by extension, some aspects of its bulk transport.
Non-signatories
That being said, some of the world’s biggest coal users – China, the United States, Germany and Russia – are not signatories to the alliance.
China is pressing ahead with its own plans to cut coal use and reduce pollution from the fuel. Research suggests China will invest as much as $780bn in alternative energy by 2030. The country has already switched millions of households to natural gas heating from coal.
In spite of Trump’s effort to bolster the American coal industry, US coal use for power generation is falling. Last year, the fuel accounted for around 30% of the US’s energy mix for power generation. The figure is expected to fall below 25% in 2018.
Wind and solar power account for 10% of all US electricity generation and their use is growing rapidly. The automotive industry has also been working in earnest to bring electric cars to the mass market.
New players
While the Powering Past Coal Alliance aims to end reliance on coal for power generation, new research suggests developing nations have no such intention.
The International Energy Agency (IEA) expects some 100 GW of new coal-fired capacity to be built in Southeast Asia by 2040, of which 40% of new capacity will be in Indonesia.
Southeast Asia will become a net coal importer by 2040, according to IEA estimates. Production in the region is forecast to fall during the period, while its import demand will rise 3.7% per annum to 387 mtce, the agency said.
Vietnam, which recently overtook Thailand as the second-largest coal consumer in Southeast Asia, will become the largest regional importer by 2040, the IEA said.
India
The Indian government has been working to reduce the country’s coal imports, which fell between May and August this year. However, India imported 16.8m tonnes of coal in October, up from 16.1m in September.
The petroleum coke ban has been a contributor to this trend, as has steady demand for coal in power generation and steel manufacturing.
New Delhi banned the burning of petcoke on November 1st in an effort to curb air pollution from the fuel. Ironically, the ban means that users are switching to burning coal and more of it. Thermal coal has lower energy value than petcoke, meaning higher volumes need to be burned in order to achieve the same energy yield.
New research published this week by the Institute for Energy Economics and Financial Analysis predicts that India will reach peak thermal coal demand within the next decade. The country is expected to significantly increase its share of renewable energy generation, which will gradually displace coal use.
Matter of time
It’s just a matter of time before Indian authorities take more drastic steps to limit coal burning and pollution, most probably through renewable energies.
It won’t be long before the hundreds of billions of dollars that China is investing in renewables begin to effect meaningful change on the country’s energy mix for power generation.
Is it safe to guess that renewable energies will ultimately prove to be a bigger money-spinner than America’s beleaguered coal industry?
Whenever we talk about coal, it always seems inevitable that any bullishness will be short-lived. The world has changed.
Source: Alibra Shipping Blog
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Tuesday, 14 November 17
COAL STOCKS RUN SHORT, CENTRE TO GET DAILY UPDATE ON STOCKS - DECCAN CHRONICLE
Facing a shortage of coal for thermal power generation in the country, the Central Electricity Authority (CEA) has issued guidelines for maintainin ...
Tuesday, 14 November 17
IN 2018, WORLD OIL DEMAND IS FORESEEN REACHING 1.51 MB/D - OPEC
Oil Market Highlights - OPEC
The OPEC Reference Basket averaged $55.50/b in October, gaining $2.06 over the previous month and reaching the hi ...
Monday, 13 November 17
THERMAL COAL PRICES WERE RELATIVELY UNCHANGED - DANIEL HYNES
Coal prices were broadly higher, driven by strong gains in the metallurgical coal market said Daniel Hynes, Senior Commodity Strategist at ANZ in h ...
Monday, 13 November 17
THIESS AWARDED $300M SANGATTA EXPANSION CONTRACT
Thiess has been awarded a $300 million contract by Kaltim Prima Coal (KPC) to expand operations at Sangatta coal mine in East Kalimantan, Indonesia ...
Friday, 10 November 17
U.S. COAL OUTPUT FOR THE FIRST 10 MONTHS OF 2017 IS ESTIMATED AT AROUND 656 MMST; UP10% YOY - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15 million short tons ...
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Showing 1881 to 1885 news of total 6871 |
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- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- The University of Queensland
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Australian Coal Association
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
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