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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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- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Australian Coal Association
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- The University of Queensland
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
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