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Thursday, 18 July 19
WORLD TRADE IN HARD COAL ROSE BY 4.7% IN 2018 - GERMANY COAL IMPORTERS ASSOCIATION
 World Trade in Hard Coal Rose by 4.7% in 2018
Hard Coal Can Prevent Stress in the Electric Power System in Germany
• Sharp decline in German hard coal imports (-9%)
• Exit decision must not be allowed to endanger supply security
• Power supply will become insecure and expensive without hard coal
Existing hard coal-fired power plants secure the energy transition (backup).
According to the Germany Coal Importers Association, hard coal-fired power plants secure supply during load peaks, are not affected by the dark doldrums and prevent fluctuations in power tension that can cause major financial losses to private households and industry. The “Coal Commission” has proposed financial incentives for the construction of open-cycle gas turbines. These plants have a lower degree of efficiency, however, and a lot of money must be spent and a lot of resistance among the population must be overcome before they can be built while hard coal-fired power plants are available right now.
The exit from hard coal is already well under way even without the “Coal Commission”: in 2018, the volume of hard coal used for power generation declined by 16.3% (2017: -16.4%). A decline of 23% has accrued for 2019 so far. The hype regarding an exit decision for hard coal is not understandable.
The Association's recent press release noted that, shutting down the best energy source that already exists for securing German power supply will not have any impact whatsoever on global climate. Countries such as Denmark, France, Great Britain and Canada have joined an alliance for the purpose of exiting coal quickly. Swedish scientists have calculated that this corresponds to 1/150 or 0.67% of the estimated emissions from hard-coal-fired power plants worldwide by 2050. Germany is not a member of this alliance, but wants to make a decision for the exit from coal in this year. This would save 0.25% of the estimated emissions from hard-coal-fired power plants worldwide up to 2050. Not a reason to put our power supply at risk.
The worldwide trend to more hard coal is unabated. World hard coal production in 2018 came to 7.1 billion tonnes – exceeding the high point of 2015. World trade has grown even faster. Take India as an example: according to IMF, the country will post the highest rate of economic growth worldwide in 2019 (7.2%). The energy demand in this country has not declined at all – despite its own production of 720 million tonnes (2018), the growing demand for coal can be covered solely by imports of 221 million tonnes (2018). Hard coal is not a discontinued model, but is instead securing economic growth in Asia, the Germany Coal Importers Association concluded.
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Monday, 04 November 19
COAL INDIA'S OCTOBER PRODUCTION MAY FALL 20% - PTI
Coal India’s production in October is likely to be 19-20 per cent lower at about 40 million tonne, as compared to 49.77 million tonne produce ...
Monday, 04 November 19
PANAMAX: WEAKER SENTIMENTS CONTINUED FROM LAST WEEK, WITH RATES FURTHER SOFTENING IN BOTH BASINS - BALTIC BRIEFING
Capesize
The Capesize market meandered slightly upwards this week before giving back much of its gains mid-week. Opening the week at $24,945, t ...
Thursday, 31 October 19
U.S. COAL-FIRED POWER PLANTS SCHEDULED TO SHUT - REUTERS
U.S. power companies expect to retire or convert from coal to gas over 13,800 megawatts (MW) of coal-fired plants in 2019 after shutting over 13,30 ...
Thursday, 31 October 19
SE ASIA MAY BECOME NET FOSSIL FUEL IMPORTER IN COMING YEARS - IEA
Southeast Asia is set to become a key driver of world energy trends over the next 20 years as its energy demand grows at twice the global average, ...
Monday, 28 October 19
ULTRAMAX: ASIA RATES REMAINED UNDER PRESSURE WITH THE NORTH LACKING FRESH ENQUIRY - BALTIC BRIEFING
Capesize
The end of the week brought about a small increase in sentiment heading into a long weekend for some regions. After sustaining a drop ...
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Showing 1296 to 1300 news of total 6871 |
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- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Planning Commission, India
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- GMR Energy Limited - India
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Economic Council, Georgia
- Electricity Authority, New Zealand
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