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Monday, 07 May 18
GLOBAL COAL DEMAND ROSE ABOUT 1% IN 2017; ASIA ACCOUNTED FOR THE LARGEST INCREASE IN COAL DEMAND, UP 35 MTOE RELATIVE TO 2016 - IEA
 Global coal demand rose about 1% in 2017, reversing the declining trend seen over the last two years. This growth was mainly due to demand in Asia, almost entirely driven by an increase in coal-fired electricity generation.
According to IEA, Global coal demand rose in 2017 by 1% to 3790 Mtoe after two years of decline, the main change in global energy demand trends last year.
Coal demand decreased by 2.3% in 2015 and 2.1% in 2016, led by lower demand in the power sector in key markets such as China and the United States. The rebound in coal demand in 2017 was driven entirely by an increase in coal-fired electricity generation, which drove up coal demand for power by nearly 3.5% compared to the previous year, while declining global coal use in industry and buildings offset half of the growth in coal use in electricity generation.
IEA further noted that, Asia accounted for the largest increase in coal demand, up 35 Mtoe relative to 2016. China coal-fired electricity generation increased to meet a 6% growth in electricity demand, even as the economy is moving towards a less energy-intensive model, as discussed in the World Energy Outlook 2017.
Around 15% of the increase in China’s electricity demand was due to higher demand for cooling, driven by a particularly hot summer. (This topic will be the focus of a forthcoming IEA report on how the projected growth in air conditioning usage around the world will affect global electricity demand). Despite continued reductions of coal use in buildings and industry, the growth in the power sector pushed up coal demand in China by 0.3%, after three years of declining demand. Despite this rebound, coal use in China remains below its 2013 peak, said IEA in its report.
In India, coal demand rose at a slower rate than in 2016, while in other economies in Asia – such as Korea – coal usage increased in the power sector. Demand fell by 1.6% in the United States, and by 0.5% in the European Union, after dropping by around 10% in both cases in 2016, as coal demand for electricity generation stabilised. The decline was insufficient to offset growth in other regions. Despite last year’s uptick, global coal demand remains well below its peak of 3 927 Mtoe in 2014.
The compatibility of coal use with stringent climate goals hinges critically on the development of Carbon Capture, Usage and Storage (CCUS), as shown in the IEA’s Sustainable Development Scenario. Some projects are already underway. The Boundary Dam power station in Saskatchewan, Canada, started operations in 2014. In addition, the Petra Nova Carbon Capture project in Houston, Texas was commissioned in 2017. CCUS deployment started in China with the construction of the Yanchang CCUS Project. China accounts for about half of all CCUS projects under serious consideration or planning, including four projects which will apply CCUS to coal-fired power generation.
In addition, in the United States, the 2018 Budget Bill and the extension and expansion of the “45Q” tax credits is expected to provide a significant boost for CCUS investment. This could lead to capital investment on the order of USD 1 billion over the next six years, potentially adding 10 to 30 million tonnes or more of additional CO2 capture capacity. This would increase total global carbon capture capacity by around two-thirds from today’s levels.
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Wednesday, 30 May 18
HIGH PRICE, DMO ENCOURAGE COAL MINERS TO BOOST PRODUCTION - THE JAKARTA POST
A number of coal miners are planning to increase production by 10 percent in the second half of this year after a worldwide price increase.
Th ...
Wednesday, 30 May 18
SHIPPING MARKET INSIGHT - ILIAS M. LALAOUNIS
Among several hot topics that will be discussed during the Posidonia week, the International Maritime Organization regulation that will be enforced ...
Tuesday, 29 May 18
BLOCKCHAIN CAN HAVE A TRANSFORMATIVE EFFECT ON THE SHIPPING INDUSTRY
KNOWLEDGE TO ELEVATE
Following the launch of a legal briefing on blockchain contracts from UK P&I Club, Claims Executive, Filip Koscieleck ...
Tuesday, 29 May 18
INDIA'S COAL IMPORT DECLINES IN APRIL AMID DIVERSION TO THERMAL POWER PLANTS - PTI
India’s coal import fell by 9 percent to 17.32 million tonnes (MT) in April on the back of ample supply of dry fuel from domestic sources.
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Monday, 28 May 18
COAL SUPPLY DIVERSION IRKS INDUSTRIES DEPENDENT ON CAPTIVE POWER PLANTS - HINDU BUSINESS LINE
The government’s move to prioritise coal supplies to power plants with minimal coal stock has disrupted fuel supply to some sectors, which ha ...
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Showing 1711 to 1715 news of total 6871 |
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- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- PTC India Limited - India
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- White Energy Company Limited
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- The University of Queensland
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
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