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 December 16
STABLE OUTLOOK FOR GLOBAL MINING IN 2017 : FITCH
Fitch Ratings' sector and rating outlooks for the global mining industry in 2017 are both stable, reflecting Fitch's view that prices have ...
Thursday, 08 December 16
CHINESE COAL DEMAND WOULD BE THE KEY FACTOR THAT INFLUENCE WORLD COAL PRICES IN 2017, POLL
“WHAT ARE THE KEY FACTORS THAT MAY INFLUENCE WORLD'S COAL PRICES IN 2017?”
The on-line opinion poll conducted by COALspot.com ...
Thursday, 08 December 16
PANAMAX: THE FIRM TENDENCY CONTINUES IN BOTH HEMISPHERES - FEARNLEY
Supramax
Market remained firm - true mostly within Atlantic.
Star performer USG remained its title, where Supras reached around USD 21k ...
Wednesday, 07 December 16
SHIPPING MARKET INSIGHT - THEODOROS NTALAKOS
Looking back at my previous end-of-year insights, for the last seven years, in each and every one of them, I begin with something like “there ...
Wednesday, 07 December 16
U.S. COAL PRODUCTION IS FORECAST TO INCREASE BY 2% IN 2017 - EIA
U.S. Coal production in November 2016 was 70.7 million short tons (MMst), the third time this year monthly production exceeded 70 MMst, says EIA.
...
|
|
|
Showing 2186 to 2190 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- White Energy Company Limited
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Minerals Council of Australia
- Planning Commission, India
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
|
| |
| |
|
