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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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- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- The University of Queensland
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- White Energy Company Limited
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
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