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Wednesday, 19 December 18
GLOBAL COAL DEMAND SET TO REMAIN STABLE THROUGH 2023, DESPITE HEADWINDS - IEA
 While global coal demand looks set to rise for the second year in a row in 2018, it is forecast to remain stable over the next five years, as declines in Europe and North America are offset by strong growth in India and Southeast Asia, according to the International Energy Agency’s latest coal market report, Coal 2018.
Air quality and climate policies, coal divestment campaigns, phase-out announcements, declining costs of renewables and abundant supplies of natural gas are all putting pressure on coal. As a result, coal’s contribution to the global energy mix is forecast to decline slightly from 27% in 2017 to 25% by 2023.
But coal demand grows across much of Asia due to its affordability and availability. India sees the largest increase of any country, although the rate of growth, at 3.9% per year, is slowing, dampened by a large-scale expansion of renewables and the use of supercritical technology in new coal power plants. Significant increases in coal use are also expected in Indonesia, Vietnam, Philippines, Malaysia and Pakistan.
Coal in China accounts for 14% of global primary energy, the largest around in the world. Developments in the Chinese coal sector have the potential to affect coal, gas and electricity prices across the world, for instance through inter-fuel substitution or regional arbitrage. This puts China’s coal sector at the centre of the global energy stage. While China accounts for nearly half of the world’s coal consumption, its clean-air measures are set to constrain Chinese coal demand going forward. We forecast Chinese coal demand to fall by around 3% over the period.
Meanwhile, in a growing number of countries, the phase out of coal-fired generation is a key policy goal. But market trends are proving resistant to change.
“The story of coal is a tale of two worlds with climate action policies and economic forces leading to closing coal power plants in some countries, while coal continues to play a part in securing access to affordable energy in others,” said Keisuke Sadamori, Director of Energy Markets and Security at the IEA. “For many countries, particularly in South and Southeast Asia, it is looked upon to provide energy security and underpin economic development.”
This is why the IEA sees technologies like Carbon Capture, Utilisation and Storage (CCUS) as essential tools to bridge current and future energy needs with global and national climate ambitions. To help build a new momentum behind the technology, the IEA and the Government of the United Kingdom recently co-chaired an international summit where ministers, senior governmental officials across the world, CEOs from major energy companies and the financial community came together to identify practical steps to accelerate investment and deployment of CCUS.
“Tackling our long-term climate goals, addressing the urgent health impacts of air pollution and ensuring that more people around the world have access to energy will require an approach that marries strong policies with innovative technologies,” said Mr Sadamori. “It must rely on all available options – including more renewables, of course – but also greater energy efficiency, nuclear, CCUS, hydrogen, and more.”
Source: IEA
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Tuesday, 25 December 18
FUEL QUALITY AND SAFETY IN IMO CONVENTIONS: A GROWING CHALLENGE, EVEN PRIOR TO 1 JANUARY 2020 - IUMI
At the 100th session of the International Maritime Organization’s (IMO) Maritime Safety Committee (MSC) meeting discussions on fuel quality a ...
Monday, 24 December 18
DRY BULK MARKET: CAPESIZE MARKET ON BACKFOOT AS 2018'S END DRAWS NEAR - THE BALTIC BRIEFING
Capesize
Panic set in in the East as the holiday season approaches, with owners chasing rates lower. Rates on the key West Australia/China route ...
Friday, 21 December 18
4.2 MILLION DWT OF DRY BULK SHIPS SCRAPPED UNTIL 17 DEC, DOWN 71.6% Y/Y - BIMCO
2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An al ...
Thursday, 20 December 18
INDONESIAN COAL PRICES DIVERGE FROM KEY BENCHMARK - FITCH RATINGS
The Newcastle 6,000kcal coal price benchmark that is widely used to determine most coal price estimates for Indonesian coal miners has increasingly ...
Wednesday, 19 December 18
CHINA'S IMPORT RESTRICTIONS ON COAL SPOILS THE PARTY FOR PANAMAXES - DREWRY
The Chinese government’s objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Pa ...
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Showing 1516 to 1520 news of total 6871 |
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- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
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