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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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Wednesday, 15 January 20
ASIA PACIFIC GAS AND LNG - 6 THEMES TO WATCH IN 2020 - WOOD MACKENZIE
NEWS RELEASE
Wood Mackenzie has identified six themes that will impact Asia Pacific’s gas and LNG markets in 2020
Asian LNG spot pr ...
Wednesday, 15 January 20
PREDICTIONS FOR 2020: 'SLOWBALISATION" IS THE NEW GLOBALISATION - PWC
Projecting what the future holds is an important exercise for businesses looking to plan ahead. Below we present a summary of some of the themes we ...
Wednesday, 15 January 20
SHIPPING MARKET INSIGHT - INERMODAL
Happy New Year and all the best for IMO 2020 !!
The early days of IMO 2020 coming into force have certainly had an impact on the indus ...
Tuesday, 14 January 20
SOLAS AMENDMENTS ENTERING INTO FORCE 1 JANUARY 2020 - STANDARD CLUB
While the latest amendments to MARPOL annex VI which entered into force on 1 January 2020 limiting the SOx emissions from ships has been the centre ...
Tuesday, 14 January 20
MABUX: BUNKER MARKET THIS MORNING, JAN.14
MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) changed insignificant and i ...
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Showing 1191 to 1195 news of total 6871 |
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- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- The University of Queensland
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- White Energy Company Limited
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