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Friday, 01 May 20
GLOBAL COAL DEMAND TO FALL BY 8% IN Q1 2020 RELATIVE TO Q1 2019 - IEA
 We expect global coal demand to fall by 8% in Q1 2020 relative to Q1 2019. This significant drop was driven by lower demand in the electricity sector, where two-thirds of coal is consumed: coal power generation fell by around 10%. Industrial use of coal also declined during the period, although reported increases in coal use for steel production in China mitigated the decline - IEA
According to IEA, in China, where more than half of the world’s coal is consumed, the Covid‑19 outbreak triggered a marked decline in coal demand because coal supplies 60% of primary energy and an even higher share of electricity. Coal consumption fell by 8% in Q1 2020 compared with 2019 as the economy contracted by 6.8% and coal power generation fell by close to 9%. Industrial production fell sharply; in January and February, automobile production declined by almost 50% and cement production by 30%, with a slight recovery afterwards.
In India, IEA said, the economy had not yet fully recovered from last year’s slowdown when the government mandated the lockdown of the whole country on March 24. Electricity demand and industrial production declined significantly in late March, likely leading to a new decline in India’s coal use in Q1 2020, after the drop in 2019.
In the United States, IEA said, a mild winter and the abundance of natural gas pushed gas prices down. Along with expanding renewables, this further squeezed coal out of the market. The decline in electricity use after the first states started lockdowns pushed coal use down even further, by around 30% in Q1 2020, with coal’s share in the power mix falling below 20% for the first time since the widespread development of coal-fired electricity generation in the 21st century.
IEA also said, in the European Union, coal demand fell by more than 20% in Q1 2020. The Covid‑19 outbreak and shrinking electricity demand during lockdowns added pressure on coal use, which was already falling because of low gas prices, a mild winter and increasing renewable output, which was also supported by favourable weather conditions. The, fall in CO2 allowances did not improve coal’s competitiveness with gas in the power sector and therefore was not much relief for coal, which declined 20% in Q1.
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Wednesday, 09 September 20
MARKET INSIGHT - INTERMODAL
The uneventful summer lull which is coming to an end soon has left its stigma on the newbuilding market, which has already been devastated by the g ...
Saturday, 05 September 20
INDIA WON'T KICK ITS COAL HABIT SO EASILY - HINDU BUSINESS LINE
India has traditionally considered itself lucky to have been endowed with abundant coal reserves, which it has sought to use to meet its energy nee ...
Saturday, 05 September 20
FINANCING COMPLETE FOR 900MW FIFTH PHASE OF MASSIVE DUBAI SOLAR PARK: ARABIAN BUSINESS
Saudi-based ACWA Power on Thursday announced it has completed the signing of all financing agreements for the fifth phase of the Mohammed bin Rashi ...
Saturday, 05 September 20
POLISH COAL DEMAND EXPECTED TO FALL BY 7 MLN TONNES NEXT YEAR: MINISTER - REUTERS
Poland’s demand for coal is expected to fall by around 7 million tonnes next year, or more than 10% of annual hard coal production, after a d ...
Saturday, 05 September 20
PAKISTAN'S NEW 27-YEAR POWER PLAN RISKS LOCKING IN LONG-TERM OVERCAPACITY, LEAVING IMPORTED COAL AND LNG PLANTS STRANDED - IEEFA
Wind and solar, the country’s cheapest source of new generation, also overlooked
Pakistan risks locking itself into building m ...
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- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Australian Coal Association
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
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