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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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Tuesday, 07 January 20
BHP EYES INDIA FOR COAL GROWTH AS CHINA DEMAND FLATLINES - SYDNEY MORNING HERALD
Australia’s largest miner, BHP, believes the long-term trajectory of the emerging economy of India and the acceleration of its steelmaking ou ...
Sunday, 05 January 20
BUNKER QUALITY CLAIMS IN 2020 - ISSUES TO CONSIDER - CLYDE&CO
KNOWLEDGE TO ELEVATE
In recent years the shipping industry has faced a significant number of bunker quality claims, most notably ari ...
Saturday, 04 January 20
SUPRAMAX: A 53,000DWT VESSEL FIXING DELIVERY INDONESIA TRIP TO CHINA AT $4,000 AND A 58,000DWT SHIP FIXING DELIVERY EAST KALIMANTAN TRIP TO THAILAND AT $5,500 - BALTIC BRIEFING
Capesize
The New Year started with an erosion on pre-Christmas rates as the higher low sulphur fuel costs due to IMO 2020 affected levels. From ...
Thursday, 02 January 20
DMO 2020 PRICE SET FOR ELECTRICITY SECTOR - IAN WOLLFF
On the 26th December 2019, the Minister of Energy and Mineral Resources (ESDM) issued the decree No. 261.K/30.MEM/2019 about the States needs for c ...
Thursday, 02 January 20
SULPHUR 2020 COMPENDIUM - HOW ARE INDIVIDUAL PORT STATES EXPECTED TO REACT? - STANDARD CLUB
KNOWLEDGE TO ELEVATE
With the new sulphur limits soon to be in force, Standard Club has been investigating the ways in which certain jurisdict ...
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Showing 1211 to 1215 news of total 6871 |
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- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
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