We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 05 January 18
COAL DEMAND TO REMAIN FLAT TO 2022, RESULTING IN A DECADE OF STAGNATION - IEA
 Global demand for coal should remain nearly flat between 2017 and 2022, resulting in a decade of stagnation for coal consumption, according to the International Energy Agency’s annual coal market report.
Global coal consumption fell 1.9% to 5,357 million tonnes of coal equivalent (Mtce) last year, the second year of decline, because of lower gas prices, a surge in renewables and improvements in energy efficiency, according to Coal 2017. Coal demand is down 4.2% over the last two years, nearly matching the two-year decline in the early 1990s, which remains the biggest recorded drop since the IEA started compiling statistics more than 40 years ago.
By 2022, global coal demand is expected to reach 5,530 Mtce, the same as the average of the last five-year period, and meaning that coal use will have had a decade-long period of stagnation.
The share of coal in the global energy mix is forecast to decline to 26% in 2022, from 27% in 2016 because of sluggish demand compared with other fuels. Although coal-fired power generation increases by 1.2% per year through 2016-22, its share of the power mix falls to just below 36% by 2022, which would be the lowest level since IEA statistics began.
“The energy system is evolving at a rapid pace all around us, with a more diversifying fuel mix, and the cost of technologies going down,” said Keisuke Sadamori, the International Energy Agency’s director for energy markets and security. “But while everything else is changing, global coal demand remains the same.”
Coal demand dropped in China, the United States and the European Union in 2016, but increased in India and across many parts of Southeast Asia, and shows no signs of slowing down. For instance, despite the rapid growth in renewables, Indian coal-fired power generation is expected to grow almost 4% a year through 2022.
While India will be increasingly important to global coal markets, China will remain the key driver. The potential for coal demand growth in China is limited, but the country’s supply-side reforms will be critical factors for coal prices in the coming years. Meanwhile, the European Union, accounting today for just 6% of global demand, is set to become an increasingly marginal player.
The IEA highlights that urgent action is needed to support Carbon Capture, Utilisation and Storage (CCUS) technologies, which made important strides last year but still lags far behind other low-carbon technologies. There is a broad agreement among energy leaders from both government and the industry that urgent action is needed to support CCUS, without which the climate challenge will be much more difficult to tackle.
This is why the IEA is working to give a new momentum to this essential technology, and is committed to pushing the global dialogue forward. In November 2017, it organised a global CCUS summit in Paris that was co-chaired by US Secretary of Energy Rick Perry and IEA Executive Director Dr Fatih Birol, bringing together more than 20 countries and CEOs of the world’s top energy companies to focus on this technology.
“This serves as a critical reminder why technologies like CCUS are so important, and why governments and companies need to step up their policy support and investments in that sector in order to meet global climate goals,” said Mr. Sadamori. “Indeed, without CCUS, coal use will be seriously constrained in the future.”
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 08 March 18
AVERAGE U.S. COAL MINING PRODUCTIVITY INCREASES AS PRODUCTION FALLS - EIA
Coal mining productivity in the United States increased 26% over the past five years, reaching 6.8 tons per miner hour in 2017, up from 5.4 tons pe ...
Wednesday, 07 March 18
WHEN AN IRRESISTIBLE FORCE MEETS AN IMMOVABLE OBJECT - GARD
KNOWLEDGE TO ELEVATE
Negotiable bills of lading are fundamental to trade. As documents of title, they are essential to the sale and carriage o ...
Wednesday, 07 March 18
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
The comparably small upside Handysize asset values have noted compared to other sizes since the historical lows of the dry bulk market in combinati ...
Tuesday, 06 March 18
FOREIGN INVESTORS ALLOWED TO BID FOR BIG MINING CONCESSIONS - THE JAKARTA POST
The government has allowed foreign investors to bid for mining concessions with a total area of more than 500 hectares, while smaller areas will be ...
Tuesday, 06 March 18
LNG VESSELS HAVE EMERGED AS THE FASTEST GROWING SEGMENT FOR THE WATERWAY - GERRY LATHROP
The day was July 25th 2016, a partly cloudy day on the Panama canal, and to most people a rather innocuous day without any real merit, however in s ...
|
|
|
Showing 1786 to 1790 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Posco Energy - South Korea
- VISA Power Limited - India
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
|
| |
| |
|
