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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.”
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Friday, 10 March 17
THE 5TH PHILIPPINES POWER AND ELECTRICITY WEEK RETURNS WITH A UNIQUE FOCUS IN 2017
5th Annual Philippines Power & Electricity
18-21 July 2017
Solaire Resort & Casino,Manila, Philippines
http://www.philippinespowe ...
Thursday, 09 March 17
INDONESIAN COAL BENCHMARK PRICE DROPPED FOR A THIRD STRAIGHT MONTH IN MARCH, GOVERNMENT DATA SHOWED
COALspot.com: Indonesian government declared coal benchmark price dropped for a fourth straight month in March, government data showed. The ...
Wednesday, 08 March 17
THE FREIGHT MARKET TODAY PROVIDES MUCH MORE CONFIDENCE COMPARED TO LAST YEAR - TIMOS PAPADIMITRIOU
So what's all the fuss about? During the past five months SnP activity has being surging exponentially in the dry bulk sector. Buyers are looki ...
Monday, 06 March 17
THE FREIGHT MARKET WAS CONTINUING TO FIRM UP THIS PAST WEEK
COALspot.com: The Freight market was continuing to firm up this past week.
The Baltic Exchange, tracking rates for ships carrying dry bulk com ...
Friday, 03 March 17
U.S. WEEKLY COAL PRODUCTION ESTIMATED AT 15.7 MMST; DECLINE 6.7% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
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Showing 2106 to 2110 news of total 6871 |
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- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- The University of Queensland
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
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