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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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Tuesday, 24 May 16
WEEKLY CS COAL INDICES NEGATIVE FOR ALL TYPES OF COAL EXCEPT 3800 GAR COAL
COALspot.com: Average 5000 GAR coal index of Indonesian origin was down 0.10 percent week over week to averaging $38.90 per ton this past week, sho ...
Monday, 23 May 16
A PERFECT STORM FOR INDONESIAN STEAM COAL EXPORTS - CLARKSON RESEARCH
Indonesia is the world’s leading steam coal exporter, accounting for over 40% of global seaborne steam coal exports since 2010. However in 20 ...
Monday, 23 May 16
THE PANAMAX INDEX WAS UP 17 POINTS W/W
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this week.
The freight market was firm and all ...
Friday, 20 May 16
SHIPBUILDING CONTRACTS: CAN I CANCEL? SHOULD I CANCEL? - THE SHIPOWNER CLUB
KNOWLEDGE TO ELEVATE
There are many circumstances in which a buyer of a new-build vessel might want to terminate or cancel their contract with ...
Friday, 20 May 16
U.S COAL PRODUCTION FOR THE WEEK ENDED 14 MAY TOTALED 11.4 MMST; UP 3.8% W/W
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.4 million short tons (mm ...
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Showing 2421 to 2425 news of total 6871 |
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- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Aditya Birla Group - India
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Posco Energy - South Korea
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
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