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Thursday, 21 December 17
COAL CONSUMPTION DROPS AS GAS AND RENEWABLES CHEW INTO TRADITIONAL MARKETS - BABS MCHUGH
 "The share of coal in the global energy mix is forecast to decline from 27 per cent last year to 26 per cent in 2022"
Global demand for coal slumped 1.9 per cent in 2016, a record drop in demand that is not expected to change until 2022.
The International Energy Agency (IEA) Coal 2017 report said 5.36 billion tonnes of coal was used last year, the second year in row consumption dropped.
That is a combined total of 4.2 per cent over 2015 and 2016, which according the IEA is larger than the last two-year slump in the early 1990s.
The agency forecasts that by 2022 global coal demand will be 5.53 billion tonnes, which means total demand will have stagnated for more than a decade.
Coal is Australia's second largest export earner after iron ore and has weathered a difficult few years before an unexpected and sustained spot-price rise over the past 18 months.
The IEA director for energy markets Keisuke Sadamori said global energy systems were rapidly evolving and biting into coal's traditional markets.
"There is much more diversity in the fuel mix: fracked natural gas, especially cheaper fracked gas in the United States," he said.
"And costs are reducing for new technologies in both energy efficiency and renewable energy.
"Despite that, demand will remain essentially the same for the next five years.
"We expect coal-fired generation to increase by 1.2 per cent a year until 2022 although its share of the power mix will fall to just below 36 per cent by then."
Demand moves from west to east
Coal use is forecast to decline further in Europe, Canada, USA and China but demand will rise in rapidly developing countries in South East Asia, India, Pakistan and Bangladesh.
The IEA singles out India as being the major growing consumer of coal with coal-fired generation expected to grow there by more than 4 per cent per annum until 2022.
This may not be of great benefit to Australian coal producers with the Indian government declaring it would double its coal use by 2020, but use only domestic supplies to do so.
However, many market commentators do not believe India was positioned to become self sufficient in coal in the medium term.
Pakistan is predicted to increase its coal consumption four-fold by 2022.
Despite the reduction in coal consumption in China, the IEA still sees the nation as a significant price setter.
"China will remain the key driver although the potential for demand growth is," Mr Sadamori said.
"However the country's supply-side reforms will be critical factors for coal prices in coming years."
Source: ABC News
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Wednesday, 27 December 17
SULPHUR EMISSIONS: THE OUTSTANDING CHALLENGES - UK P&I CLUB
The International Maritime Organization (IMO) has been working to reduce the harmful impacts of shipping on the environment.
It adopted Annex ...
Friday, 22 December 17
COAL INDIA BOARD CLEARS THE WAY FOR SCHEME FOR HARNESSING AND ALLOCATING KOYALA (COAL) TRANSPARENTLY IN INDIA - PIB
The Coal India Limited (CIL) Board cleared the decks for signing of Fuel Supply Agreement (FSA), for supply of coal.
According to Press Inform ...
Friday, 22 December 17
WILL THE DRY BULK INDUSTRY BECOME PROFITABLE IN 2018? - PETER SAND, BIMCO
As the dry bulk fleet is already expected to grow at a pace that matches demand growth expected in 2019, focus must be on improving the fundamental ...
Friday, 22 December 17
ESTIMATED U.S. WEEKLY COAL OUTPUT SLIPS SLIGHTLY - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2 million short tons ...
Thursday, 21 December 17
FUEL SHORTAGE TRIGGERS JUMP IN COAL PRICES - CHINA DAILY
China’s thermal coal prices jumped recently as natural gas shortages across the north spurred an unexpected resurgence in demand for coal-fir ...
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Showing 1841 to 1845 news of total 6871 |
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- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Deloitte Consulting - India
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- The University of Queensland
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
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