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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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Saturday, 22 September 18
SHIPOWNERS URGENTLY NEED A FUEL-MANAGEMENT PLAN - METTE KRONHOLM FRAENDE, BIMCO
With the majority of ship operators expected to choose low-sulphur fuel over scrubbers to comply with the new IMO sulphur cap regulation, all eyes ...
Saturday, 22 September 18
GERMANY'S MOVE TO SCRAP COAL WILL COST TAXPAYERS - BRIAN PARKIN | WILLIAM WILKES
Chancellor Angela Merkel’s plan to close Germany’s remaining coal-fired power stations will drive up subsidies for regions that mine th ...
Saturday, 22 September 18
FITCH RATINGS: WORLD GROWTH FORECAST CUT ON US-CHINA TRADE BATTLE
Protectionist US trade policies have now reached the point where they are materially affecting what remains a strong global growth outlook, with th ...
Tuesday, 18 September 18
COOLING OUTLOOK FOR COAL - KATE JONES
At a time of increasing focus on the renewables market as the world seeks to clean up its act to prevent climate change, what is the outlook like f ...
Monday, 17 September 18
GLENCORE RETURNS TO JAPAN COAL TALKS SCUPPERED BY HIGH PRICES - BLOOMBERG
Mining giant Glencore Plc and Japanese utilities have resumed thermal coal supply negotiations, restarting talks that fell apart earlier this year ...
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Showing 1611 to 1615 news of total 6871 |
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- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Planning Commission, India
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Economic Council, Georgia
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Thai Mozambique Logistica
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