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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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Monday, 28 May 18
KOMIPO ISSUED ANOTHER TENDER FOR 130K MT OF 5700 NAR COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 130,000 mt of min. 5700 NAR coal of Australian origi ...
Thursday, 24 May 18
SUPRAS FIXING AROUND USD 15000 FOR INDO TO CHINA COAL TRIPS - FEARNLEYS
Capesize
Both the physical and the paper market have dropped sharply the last couple of days on the back of a lack of fresh cargoes and a growing ...
Thursday, 24 May 18
FITCH: FALLING COAL INVESTMENT TO SUPPORT ASIAN PRICES
Press Release: The long-term outlook for the Asian thermal coal prices is improving, amid rising regional demand and falling mining investment, whi ...
Thursday, 24 May 18
BEIJING ORDERS UTILITIES, MINERS TO HELP COOL RED-HOT COAL MARKET: SOURCES - REUTERS
China’s state planner ordered utilities this week to stop stockpiling thermal coal and told miners to slash prices, two sources familiar with ...
Wednesday, 23 May 18
TANKER MARKET INSIGHT - TIMOS PAPADIMITRIOU
In the last six months we have seen more than 110 reported tanker transactions involving tonnage larger than 32k dwt and younger than 18 years old. ...
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Showing 1716 to 1720 news of total 6871 |
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- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Planning Commission, India
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- The University of Queensland
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Posco Energy - South Korea
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
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