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Thursday, 18 January 18
WORLD TRADE IN HARD COAL RISES BY 1.5% IN 2017 - KOHLENIMPORTEURE
Press Release: World Trade in Hard Coal Rises by 1.5% in 2017. German Steam Coal Imports Plummet by 15% in 2017 – in Contrast to Other Sectors, Hard Coal Contributes to Reduction in CO2.
According to provisional calculations by the German Coal Importers Association, world trade in hard coal in 2017 rose by 1.5% to 1,140 million tonnes; global hard coal production increased even more by 2% to 6.9 billion tonnes. Following the slump in 2016 – only recently the subject of a report from the International Energy Agency – production and world trade have recovered. The seaborne exports from the United States of America (USA) alone rose by 30 million tonnes (60%). Growth in seaborne trade also appeared in Russia and South Africa (7% in both cases). South Africa, once an important source of supply for Europe, now sends its production largely to Asian countries.
The decline in production in 2016 was primarily a consequence of the difficult situation in the USA from a series of bankruptcies and of the closure of unsafe mines in the People’s Republic of China. Both of these countries posted growth again in 2017, however: 7% in the USA and 2% in China. Production in India also posted strong growth (+3.2%).
The rise in world trade in hard coal is above all a result of growing demand in the ASEAN countries where the manufacturing sector is growing steadily. The construction of modern hard coal-fired power plants and rising steel production are the triggers for additional demand for coking and steam coal. The development model of these countries, like that of the People’s Republic of China, is based on hard coal and will convert to renewable energy sources only after a time delay.
The German hard coal imports moved contrary to the global trend and fell massively by 6 million tonnes (about 10%). While the import of coking coal rose by 0.6 million tonnes and the import of coke increased by 0.3 million tonnes, the use of coal in power generation fell by almost 7 million tonnes (about 15%). The root cause of this is above all the virtually unlimited construction of additional wind farms in a year with outstanding wind yield. The contribution of onshore wind to gross power generation rose by 30% (or 2% points) in 2017 while the contribution of offshore wind rose by 47% (or 1% point). The contribution of hard coal to gross power generation, on the other hand, declined by 17% in 2017 (or 3% points).
These figures more than clearly demonstrate that the exit from hard coal-fired generation of electric power is already reality and that no further government intervention is required. Hard coal-fired power plants will still be urgently required to support the fluctuating feed-in from renewable energy sources even though the generation from the former is declining. This is why hard coal-fired power plants must be given fair access to capacity markets. The most recent decisions by the European Energy Council fall short of what is required; the planned CO2 tolerances cannot be met by either hard coal-fired power plants or gas turbines. The highly efficient gas-fired and steam turbine power plants are constructed solely in conjunction with industrial cogeneration of heat and power or district heating, not for the compensation of fluctuating feed-in from renewable energy sources. If the European Union adheres to its plans, it will put supply security in Europe at serious risk.
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Friday, 09 March 18
THE WORLD CANNOT KEEP IGNORING THE ASIAN COAL STORY - BENJAMIN SPORTON
There were significant changes in the global energy system in 2017, including the growth in electric vehicles, the rise of renewables and the conti ...
Friday, 09 March 18
U.S. EXPORTED 97 MMST OF COAL IN 2017, A 61 PER CENT INCREASE FROM 2016 - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.1 million short tons ...
Thursday, 08 March 18
BUMA SIGNED OVER US$ 500 MILLION WORTH OF NEW CONTRACT WITH PT TANAH BUMBU RESOURCES
PT Delta Dunia Makmur Tbk., announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into mining services ...
Thursday, 08 March 18
THE ENERGY CONTRIBUTION FROM COAL-BASED POWER PLANTS IS LIKELY TO INCREASE TO 1072 BU BY 2021-22 : PIB
Government of India has set an ambitious target of 175 GW from Renewable energy sources (RES) by 2022, which comprises of 100 GW Solar, 60GW from W ...
Thursday, 08 March 18
SUPRAMAX: THE MARKET IS STILL GOING STRONG IN THE PACIFIC - FEARNLEYS
Supramax
The market is still going strong in the Pacific, with Ultra fixing high US$ 13000+375000 bb for South Africa to ECI while nickel ore run ...
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- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Economic Council, Georgia
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Australian Coal Association
- London Commodity Brokers - England
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
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