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