We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 26 September 19
INDIA INCREASES ITS ANNUAL COAL PRODUCTION BY 2.7% PER YEAR FROM 850 MILLION SHORT TONS IN 2018 TO 2 BILLION SHORT TONS BY 2050 - EIA
 Worldwide coal production holds steady at about 8 billion short tons, or 160 quadrillion British thermal units (Btu), per year through 2040. Increased coal use in India and other Asian countries that are not part of the Organization of Economic Cooperation and Development (OECD) helps drive consumption to more than 9 billion short tons (175 quadrillion Btu) by 2050, said U.S. Energy Information Administration in its latest International Energy Outlook 2019 with projections to 2050 report.
According to EIA, India increases its annual coal production by 2.7% per year from 850 million short tons in 2018 to 2 billion short tons by 2050 to help meet growing domestic demand. India’s coal consumption grows by an average of 3.1% per year, from 1.1 billion short tons (17 quadrillion Btu) in 2018 to 2.9 billion short tons (46 quadrillion Btu) in 2050. China remains the largest producer and the largest user of coal, consuming about 3.5 billion short tons (74 quadrillion Btu) in 2050 after peaking at 4.7 billion short tons (nearly 95 quadrillion Btu) in 2013.
In OECD countries, International Energy Outlook 2019 noted, coal consumption decreases by 2.5% per year from 2018 to 2025, before remaining relatively constant throughout the remainder of the projection period. World coal trade is projected to grow from 2018 to 2050 at an average rate of 1.4% per year, totaling 2.2 billion short tons by 2050.
Increasing coal demand in the Asian economies is driving growth in coal trade. India coal imports grow by 4.1% per year, China coal imports remain relatively constant, and the remaining countries in non-OECD Asia increase imports by 1.8% per year.
EIA says further, Metallurgical coal trade increases gradually as industrial consumption shifts to India and other countries that have limited or no metallurgical coal production. In contrast to Asia, coal imports to the Americas—largely the United States and the other non-OECD America region – grow slowly through 2050.
The Australia and New Zealand region continues to be the world’s top coal exporter, followed by other non-OECD Asia, which is predominantly accounted for as Indonesia. By 2050, Australia accounts for 33% of global coal exports, and other non-OECD Asia accounts for nearly 35% of global coal exports.
Coal’s share of China’s electricity generation decreases from 64% in 2018 to 30% in 2050. In 2050, electricity generation is projected to account for 39 quadrillion Btu of coal, while renewables, nuclear, and natural gas account for 73, 12, and 7 quadrillion Btu, respectively.
Projected coal consumption in China for uses other than electricity generation falls from 43 quadrillion Btu in 2018 to 35 quadrillion Btu in 2050 as a result of the decreasing use of both steam and metallurgical coal in industrial boilers and steel manufacturing.
In 2050, China remains the largest consumer and producer of coal in the world, with coal consumption of 74 quadrillion Btu and coal production of 3.1 Billion short tons (69.2 quadrillion Btu). Production of coal decreases as consumption decreases. China continues to produce 93% of coal needs and import about 7% of its coal demand through 2050.
In 2018, India was the world’s second-largest coal consumer after China, consuming more than 17 quadrillion Btu.Sustained industrial growth and significant efforts to further electrify the country’s rural areas are expected to continue to drive India’s coal consumption growth.
The report further noted that, in the power sector, coal consumption increases by 2.5% per year between 2018 and 2050 but it is outpaced by renewables consumption, which grows by 8.1% per year during the same period. By 2050, power sector coal consumption is 24 quadrillion Btu, and renewables consumption reaches 36 quadrillion Btu.
Strong growth in industrial applications leads projected industrial consumption to increase from 6 quadrillion Btu in 2018 to 22 quadrillion Btu in 2050.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 29 December 19
AUSTRALIA SUFFERS WORST OF CHINA'S COAL CURBS AFTER EARLIER BOOM - BLOOMBERG
Australia is bearing the brunt of China’s year-end coal import restrictions, ceding market share to other exporters including Russia and Mong ...
Saturday, 28 December 19
SUPRAMAX: A 63,000DWT VESSEL, OPEN CIGADING, FIXED A TRIP VIA INDONESIA, REDELIVERY WEST COAST INDIA, AT $8,500 - BALTIC BRIEFING
Capesize
The Capesize market this past week has been attempting to recalibrate itself in consideration of weakening freight levels and increasing ...
Saturday, 28 December 19
CHINESE INDUSTRIAL CITY TO FURTHER CUT COAL CONSUMPTION - XINHUA
Harbin, capital city of Heilongjiang Province in China’s northeastern industrial heartland, is planning to further reduce its coal consumptio ...
Friday, 27 December 19
MISERY LOOMS OVER TOP COAL SHIPPERS AS CHINA TO BUY LESS IN 2020 BLOOMBERG
China isn’t cutting back on consumption of the most-polluting fossil fuel just yet, but it is set to reduce imports.
The world ...
Thursday, 26 December 19
REVIEW OF 2019 AND OUTLOOK FOR 2020 - OPEC
Global economic growth slowed in 2019, impacted by a variety of challenges. Trade issues not only led to reduction in global final consumption but ...
|
|
|
Showing 1221 to 1225 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- The University of Queensland
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Planning Commission, India
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
|
| |
| |
|
