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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, 11 December 18
PORT OF NEWCASTLE SHIPPED 10.849 MMT OF COAL IN NOVEMBER DOWN 23.44 PERCENT MOM
COALspot.com: The Port of Newcastle, Australia’s major trading port and the world’s largest coal export port has shipped A$ 1,574.8 mil ...
Thursday, 06 December 18
IN THE EAST, BIGGER SUPRA WAS FIXED CA US$ 10K FOR INDO-CHINA COAL ROUND - FEARNLEYS
Capesize
There is cautious optimism for the Capes, with healthier volumes and improving rates in the Pacific. West Australia round is gradually ...
Thursday, 06 December 18
U.S. COAL CONSUMPTION IN 2018 EXPECTED TO BE THE LOWEST IN 39 YEARS - EIA
EIA expects total U.S. coal consumption in 2018 to fall to 691 million short tons (MMst), a 4% decline from 2017 and the lowest level since 1979. U ...
Thursday, 06 December 18
DEMAND RISKS WEIGH ON GLOBAL SHIPPING SECTOR OUTLOOK - FITCH RATINGS
The global shipping sector outlook remains negative reflecting the demand-side risks of protectionism and slower economic growth, Fitch Ratings say ...
Thursday, 06 December 18
CHINA REVISES MANAGEMENT RULES ON ESTABLISHMENT OF FULLY FOREIGN-OWNED SHIPPING BUSINESSES - XINHUA
Foreign shipping companies will find it easier to establish wholly-owned subsidiaries in China thanks to a revised regulation due to take effect on ...
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- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Australian Coal Association
- Romanian Commodities Exchange
- The University of Queensland
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- VISA Power Limited - India
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
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