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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.
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Monday, 16 December 19
THE OUTLOOK FOR U.S. THERMAL COAL IS INCREASINGLY STRESSED - MOODY'S
- Slowing global economic growth, trade tensions will continue to exert influence
- Coal's secular decline will persist in 2020
...
Thursday, 12 December 19
KOWEPO INVITING BIDS FOR 2.28 MILLION TONS OF MIN.4,400 NCV COAL
COALspot.com: South Korea’s Korea Western Power Co., Ltd. (KOWEPO) has issued an international tender for total 2,280,000 tons of (Sub) Bitum ...
Wednesday, 11 December 19
PANAMAX: THE MARKET REMAINED FIRM IN THE PACIFIC, WITH INCREASED ACTIVITY NOTED IN KEY AREAS, SUCH AS INDONESIA - ALLIED
Capesize – Positive momentum was resumed this past week, with earnings mak-ing some gains once again. This rising pattern was reflected in th ...
Tuesday, 10 December 19
PREPARATIONS INTENSIFY AS IMO 2020 GLOBAL SULPHUR CAP LOOMS - STANDARD CLUB
With less than a month to go for the impending IMO 2020 global sulphur cap, the club has started witnessing dispute cases relating to the measureme ...
Monday, 09 December 19
KOREA SOUTHERN POWER CO LTD IS INVITING OFFERS FOR MIN 3700 NCV COAL
COALspot.com: South Korea’s Korea East-West Power Co. Ltd has issued an international tender for 160,000 Tons steam coal.
Acco ...
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- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- The University of Queensland
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Siam City Cement - Thailand
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
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