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Saturday, 18 January 20
GERMAN STEAM COAL IMPORTS IN 2019 PLUMMETED BY 17 % - COAL IMPORTERS ASSOCIATION
Press Release: According to preliminary calculations by the German Coal Importers Association (Verein der Kohlenimporteure e. V.), world trade in hard coal increased by 0.7 % to 1,218 million tonnes in 2019, and global hard coal production increased by 2.0 % to 7.2 billion tonnes. China's production alone rose by 171 million tonnes or 5 % to 3.7 billion tonnes, while Indonesia, a major supplier to China, increased its production by 52 million tonnes or 11 %. The seaborne exports of Indonesia, Australia, Russia and Canada increased, while those of the USA significantly declined.
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German steam coal imports in 2019 plummeted by 17 % - electricity generation from hard coal halved in only 3 years
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Unequal treatment of coal-fired power plants in the Coal Exit Act would be neither legally secure nor sustainable
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Despite the coal exit: the existing hard coal-fired power plants will be needed for a considerable time to compensate for the fluctuating electricity feed-in of renewable energies and have made the expansion of renewable energy sources possible in the first place.
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New Deloitte study proves: Hard coal-fired power plants are flexible and can support renewables in a customized way.
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However, this should not be a reason for not allowing and discriminating against hard coal-fired power plants in the planned decommissioning tenders in southern Germany.
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World trade in hard coal will increase by 0.7 % in 2019, global hard coal production by as much as 2.0 %.
In 2019, German hard coal imports dropped substantially by around 15% or 7 million tonnes. Imports of coking coal receded by 7 % and imports of steam coal by 17 %. Electricity generation from hard coal even decreased by 31 %. Within only 3 years it has roughly halved to about 57 terawatt hours (TWh). The reasons for this are the growth of power generation from renewables, the intensified competition with currently cost-effective natural gas, and the distinctly risen CO2 price in the European emissions certificate trade.
Hard coal-fired power plants can stabilize the electricity grid. This was illustrated by the Deloitte study "Assessing the Flexibility of Hard Coal-fired Power Plants for the Integration of Renewable Energy in Germany" (Deloitte Finance, November 2019), commissioned by the VDKi. From a purely technical perspective, the existing coal-fired power plant park in Germany (2018) could absorb a growing share of fluctuating renewable energies of 50%, 60% or 70%, and integrate them safely into the system. The study shows in particular:
- During a "cold dark doldrum episode", coal-fired power plants generate twice as much electricity as on an average day when the share of renewables is 50%, and three and a half times more electricity when the share of renewables is 70%.
- Germany becomes a net importer during a "cold dark doldrum episode".
Regarding the imminent adoption of the Coal Exit Act, it becomes increasingly evident that decommissioning tenders would lead to an unacceptable unequal treatment of hard coal-fired power plants between themselves. This unequal treatment would foreseeably lead to lengthy legal disputes and would therefore be neither legally secure nor sustainable. For this reason, a consensual solution between all power plant operators should instead also be sought in the hard coal sector. The flexibility of hard coal-fired power plants must be considered in the legislation. As a result, new and lower-emission plants must not be discriminated against any more than hard coal-fired power plants in the South, which will not be permitted in tenders at the beginning, according to the latest draft legislation. Moreover, equal treatment should be provided for safety readiness, as well as fair access for hard coal-fired power plants to safety readiness previously reserved for lignite-fired power plants.
Source: Coal Importers Association
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Thursday, 30 January 20
PRIVATE SECTOR COMPANIES SEEK 'LEVEL PLAYING FIELD' FOR COAL BLOCK AUCTION - PTI
Private sector companies scouting opportunities for commercial coal mining in the country are seeking a “level playing field” to encour ...
Thursday, 30 January 20
CAPE: WITH CHINESE NEW YEAR TAKING PLACE, THE RATES ARE REACHING FURTHER DISAPPOINTING LEVELS - FEARNLEYS
Cape
With Chinese New Year taking place, the rates are reaching further disappointing levels. Present TC average is below USD 4,500, off 24% fr ...
Wednesday, 29 January 20
INDONESIA REMAINS AT THE TOP SPOT IN 2019 AS THE LARGEST SUPPLIER OF COAL TO INDIA WITH 91.3 MLN TONNES - BANCHERO COSTA
Despite repeated promises from India’s government to reduce the country’s coal imports and increase domestic self-reliance, volumes jus ...
Wednesday, 29 January 20
MARKET INSIGHT - INTERMODAL
Last week Libya’s oil production operations were disrupted as it was reported that local Libyan tribes interrupted output at the the El Feel ...
Tuesday, 28 January 20
INDONESIA - UNCERTAINTY OVER AVAILABILITY OF LSFO - THE STANDARD CLUB
The club has received reports that low sulphur fuel is not currently readily available in all Indonesian ports and that there are local shortages.
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- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Coal and Oil Company - UAE
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Economic Council, Georgia
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Planning Commission, India
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
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