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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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Monday, 11 April 16
ON THE TIGHTROPE, IT CAN BE HARD TO KEEP YOUR BALANCE.... - CLARKSONS
Today’s headlines often point towards the impact of the demand side on the state of health of the shipping markets. But despite the fact that ...
Monday, 11 April 16
WEEKLY CS (I) COAL INDEX FOR 5700 GAR COAL UP 0.03 CENTS, OR ABOUT 0.06 PERCENT, TO $48.21 A TON
COALspot.com: Average 5000 GAR coal index of Indonesian origin fell 0.15 percent week over week to averaging $38.82 per ton on this past Friday, ac ...
Monday, 11 April 16
COAL IS NOT THE ENEMY TO FIGHT - ANDREA CLAVARINO, ASSOCARBONI
COALspot.com: “Coal is not the enemy to fight and electricity production from coal has an environmental impact in its lifecycle similar to na ...
Monday, 11 April 16
FORTY INDIAN COAL IMPORTERS UNDER THE DRI SCANNER FOR OVER-INVOICING : HINDU BUSINESS LINE
The Finance Ministry and the Directorate of Revenue Intelligence (DRI) of India are said to have stepped up investigations into the alleged over-in ...
Monday, 11 April 16
BDI ROSE TO ITS HIGHEST LEVEL IN FOUR MONTHS
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week.
The freight market was ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- PTC India Limited - India
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- The University of Queensland
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
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