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Tuesday, 29 January 19
HARD COAL BEARS THE BRUNT OF THE RECOMMENDATIONS OF THE COMMISSION GROWTH STRUCTURAL CHANGE AND EMPLOYMENT - VDKI
 Press Release: Hard coal bears the brunt of the recommendations of the Commission Growth Structural change and employment.
In its final report, the Commission makes no mention of the contribution of hard coal to reducing CO2 emissions, although hard coal has made the main contribution to reducing emissions in recent decades. By the end of 2018, it had cut its fuel consumption for electricity generation in half compared to 1990.
Against this background, the Commission nevertheless proposes to reduce the output of hard coal-fired power plants by 7.7 GW to around 15 GW as early as 2022. Not only is this proposal completely unrealistic, it also shows that representatives of regions, business, trade unions and environmental organisations have "reached agreement" at the expense of coal, an energy source not represented in the Commission. At the same time, they violate the goals of climate policy, economic efficiency and security of supply.
Hard coal-fired power plants are the existing and economical bridge solution for the energy system transformation: They compensate for the fluctuating supply of renewable energy sources. Whether the required capacity of open gas turbines will be completed by 2022 is highly uncertain. What is certain, however, is that this will cause additional costs that one could confidently do without. Because open gas turbines have a lower efficiency than coal-fired power plants - this measure is counterproductive in terms of climate policy. It makes the energy system transformation more expensive and provokes the demand of the economy for relief from these costs. And yet it would have been the easiest way, especially for business representatives, not to let this nonsensical cost burden arise in the first place.
As the world's leading exporter, Germany cannot isolate itself from the rest of the world in terms of energy economics. Hard coal is available worldwide free of political risks. Natural gas is not only associated with political risks but will also unnecessarily increase the price of energy supplies in Germany.
In its final report, the Commission reduced the 'coal industry' to those employed in power stations, ignoring those employed in trade and logistics. In the Ruhr area and Saarland there are many hard coal-fired power plants which have either been shut down in recent years or are still in operation. These regions have by no means survived the structural change and would urgently need support. Instead, this flows into regions with lower unemployment in many places than in the Ruhr area. Although this is to be understood as an electoral tactic, it has nothing in common with the Commission's mandate.
Nor can this be justified by the fact that the Commission 'discovered' the hard coal very late. In its interim report of 25 October 2018 on possible measures for the social and structural development of the lignite regions, it acknowledged that the Commission's work had so far focused only on structural change in the lignite mining areas. In avoiding structural breaks, however, she only thought of the lignite mining areas. For hard coal there was only one "if necessary" in the interim report and some project proposals for structural development for Saarland in the final report.
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Tuesday, 29 January 19
CHINA HAS BEEN THE TOP DRIVER OF GLOBAL GROWTH FOR NEARLY TWO DECADES - ALLIED
China has been the top driver of global growth for nearly two decades now, pushing demand for seaborne trade and being the key influencer for deman ...
Saturday, 26 January 19
SUPRAMAX: NICKEL ORE RUNS SAW A 56K DWT VESSEL, DELIVERY PHILIPPINES, FIXED FOR A TRIP TO CHINA AT $6K - BALTIC BRIEFING
Capesize
A week of dashed hopes for owners as the optimism evident the previous week evaporated. Rates slipped on all routes and underlying thr ...
Thursday, 24 January 19
ANOTHER DISAPPOINTING WEEK FOR PANAMAX OWNERS; MARKET CONTINUES DOWN IN BOTH BASINS - FEARNLEYS
Capesize
The week has been marked by low activity and dropping rates in both basins. As usual, supply additions have increased at the beginning ...
Thursday, 24 January 19
KOREA SOUTHERN POWER INVITED BIDS FOR 960K MT OF 4600 NCV COAL FOR THREE YEARS
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 4,600 kcal/kg NCV low calo ...
Tuesday, 22 January 19
9TH GLOBAL MANUFACTURING SUPPLY CHAIN INNOVATION SUMMIT 2019
Rethinking the supply chain in manufacturing is a must at the digital era along with the industry transforming and innovating; new manufacturing is ...
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- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Parliament of New Zealand
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Australian Coal Association
- The University of Queensland
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
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