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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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Sunday, 26 January 20
SUPRAMAX: THE ASIAN BASIN SAW A 56,000DWT SHIP FIXING DELIVERY SAMARINDA TRIP TO WEST COAST INDIA AT $4,750 - BALTIC BRIEFING
Capesize
The market endured heavy losses throughout the past week, with the Capesize 5TC dropping from $8,352 to $4,772. In the lead up to Chin ...
Sunday, 26 January 20
SHIPPING NEEDS TO PREPARE FOR CORONAVIRUS RESTRICTIONS WARNS HILL DICKINSON
The shipping industry needs to be prepared for potential restrictions in order to prevent the further spread of the ‘Wuhan’ coronavirus ...
Friday, 24 January 20
LOW-SULPHUR FUEL OIL PRICES DROP USD 99 PER MT IN SINGAPORE - BIMCO
Singapore has seen one of the largest drops in the price of Very Low Sulphur Fuel Oil (VLSFO), which peaked on 7 January 2020 at USD 740 per metric ...
Friday, 24 January 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINED FLAT DURING THE PAST WEEK - XINHUA
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China’s major ports, stood at 553 yuan (about 80.1 U.S. dollars) ...
Thursday, 23 January 20
PANAMAX: ANOTHER DISAPPOINTING WEEK IN BOTH THE ATLANTIC AND THE PACIFIC BASIN - FEARNLEYS
Cape Size
From bad to worse for the biggest ships as prices for low-sulphur fuel oil remain high whilst freight rates deteriorate further. Aver ...
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Showing 1171 to 1175 news of total 6871 |
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- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Australian Coal Association
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Deloitte Consulting - India
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
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