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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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Wednesday, 04 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
For yet another time, the market seems to have its own drivers. After a very disappointing first half, the recent recovery in the shipping market i ...
Tuesday, 20 August 19
NORDEN HAS BEEN AWARDED A 3-YEAR CONTRACT FOR THE TRANSPORTATION OF COAL FROM INDONESIA TO HONG KONG
NORDEN has been awarded a 3-year contract with a power company in Hong Kong for the transportation of coal from Indonesia to Hong Kong.
...
Tuesday, 20 August 19
THE AUGUST 2019 INDONESIAN COAL PRICE REFERENCE POSTS THE FIRST MONTHLY GAIN SINCE AUGUST 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...
Monday, 19 August 19
INDONESIAN COAL RUNS, A 82,000DWT SHIP WAS FIXED DELIVERY CHINA VIA INDONESIA, REDELIVERY JAPAN, IN THE MID $16,000S - BALTIC BRIEFING
Capesize
The Capesize market was buoyant in both basins this week, posting gains across the board. After bottoming out the previous week, rates ...
Sunday, 11 August 19
ULTRAMAX: A 58,000DWT VESSEL OPEN KEMAMAN FIXED FOR TWO TO THREE LADEN LEGS, REDELIVERY SINGAPORE-JAPAN, AT $12,250 - BALTIC BRIEFING
Capesize
With typhoon Lekima gathering pace, numerous China ports were closed by the end of the week and will likely be for two to three days. ...
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Showing 1346 to 1350 news of total 6871 |
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- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- The University of Queensland
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- London Commodity Brokers - England
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Australian Coal Association
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- MS Steel International - UAE
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
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