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.
|
|
Friday, 13 November 15
DRY BULK, IT IS HARD TO MAINTAIN AN OPTIMISTIC VIEW FOR THE NEXT COUPLE OF MONTHS - INTERMODAL
COALspot.com: The dry bulk owners looking for cover remained under pressure for size segments across the board. With Capes closing off the week as ...
Friday, 13 November 15
WEEKLY US COAL PRODUCTION DECLINES TO 16.5 MMST; SLIDE 14.9% Y-Y: EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 16.5 million shor ...
Thursday, 12 November 15
FOREIGN COAL MINE ACQUISITION - STRATEGY VERSUS OPPORTUNITY FOR INDIAN UTILITIES - DIPESH DIPU
The acquisition market for thermal coal assets abroad is dull. Sellers of all hues are in the market; some are actively scouting for buyers while o ...
Thursday, 12 November 15
PORT OF NEWCASTLE'S COAL EXPORT VOLUME UP IN OCTOBER 2015
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $1.254 billio ...
Wednesday, 11 November 15
Q3' 16 RICHARDS BAY COAL SWAP LOST 15.47% SINCE 6 AUGUST; 18.65% SINCE 6 MAY
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 declined week over week and month over month.
The Q1’ 2016 &nb ...
|
|
|
Showing 2716 to 2720 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Parliament of New Zealand
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- The University of Queensland
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
|
| |
| |
|
