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, 10 December 15
FOB RICHARDS BAY COAL Q3' 16 DELIVERY SWAP WAS CLOSED 7.27% PER TON LOWER COMPARED TO AVERAGE Q1' 16 DELIVERY PRICE
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 decline month over month and week over week.
The Q1’ 2016 &nbs ...
Wednesday, 09 December 15
U.S. COAL EXPORTS DECLINE IN 2015 DUE TO SLOWER GROWTH IN WORLD COAL DEMAND AND LOWER INTERNATIONAL COAL PRICES - EIA
COALspot.com: The slower growth in world coal demand and lower international coal prices have contributed to a decline in U.S. coal exports in 2015 ...
Wednesday, 09 December 15
DRY BULK EXPERIENCES THE PERFECT STORM - PANOS TSILINGIRIS
Dry bulk experiences the perfect storm as the slowing of demand predominantly because of China sat atop the exaggerated oversupply. The BDI broke t ...
Tuesday, 08 December 15
OPEC'S DECISION BODES WELL FOR THE TANKER MARKET: STRONG MIDDLE EAST CRUDE EXPORTS WILL CONTINUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
OPEC’s latest decision to keep up oil production is seen by shipbrokers as a further boost for the tanker market. At the end of last year OPE ...
Tuesday, 08 December 15
Q1' 16 API 5 FOB NEWCASTLE COAL SWAP CLOSED AT $ 36.73 A TON; 1.73% HIGHER COMPARED TO Q3' 16 PRICE
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $1.47 per ton (3.85%) month over month to US$ 36.73 per ton. The swap ...
|
|
|
Showing 2661 to 2665 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- GMR Energy Limited - India
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
|
| |
| |
|
