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, 05 May 16
DRY BULK MARKET ON REVERSE MODE, AS HOLIDAYS AROUND THE WORLD HURT DEMAND - HELLENIC SHIPPING NEWS
The dry bulk market’s recent rally has been put on a temporary hold, as various holidays around the world have put a stop in it. In its lates ...
Wednesday, 04 May 16
COAL IMPORTS: A VOLATILE MATTER OR STILL POWERING DOWN? - CLARKSONS
Chinese coal imports decreased significantly in 2014-15, and so far in 2016 the pace of decline appears to have slowed, with imports even recording ...
Wednesday, 04 May 16
IS THE DRY BULK MARKET OUT OF THE WOODS YET, OR NOT? - HELLENIC SHIPPING NEWS
Things are beginning to brighten up in the beleaguered dry bulk market, which is riding on a multi-week rally to find itself around the “psyc ...
Wednesday, 04 May 16
POWER - WEEK: REAL EXAMPLES AND CASE STUDIES
POWER WEEK
7 - 11 November 2016, PARKROYAL on Beach Road Hotel, Singapore
www.power-week.com
Overview
Designed for the global e ...
Tuesday, 03 May 16
HOW TO AVOID THE LATEST CARGO FRAUDS - BIMCO
BIMCO receives regular reports from members around the world about cargo fraud. This week alone we have had two reports of cargoes being fixed (or ...
|
|
|
Showing 2446 to 2450 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
|
| |
| |
|
