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Friday, 01 May 20
GLOBAL COAL DEMAND TO FALL BY ABOUT 8% IN 2020,THE LARGEST DROP SINCE WORLD WAR II - IEA
 We expect global coal demand to fall by about 8% in 2020, the largest drop since World War II, with coal use declining in virtually every sector of every region in the world - IEA
Acording to IEA, in China, coal demand will decline in 2020 by around 5%, despite the gradual recovery since February lockdown. Coal-fired power generation will be hit especially hard, because the power system is crowded by low variable cost hydro, wind, solar and nuclear power. If a more favourable dispatch for coal power plants is established, this could offer some relief for coal power producers.
An even greater decline in coal demand is expected in India, where economic growth and power production are slowing significantly. Despite the recovery expected later in the year, a decline in coal power generation will push coal use down for the second year in a row.
IEA further noted that, in the rest of the world, coal demand will decline steeply in 2020. Even in Southeast Asia, the region with fastest growth in the recent years, where coal power generation is curtailed by lower electricity demand, especially in Malaysia and Thailand. We also expect significant declines in coal demand in advanced economies: by 25% in the United States, around 20% in the European Union, and 5% to 10% in Korea and Japan.
In the current situation, IEA said, the uncertainty about the outlook for coal is the highest among all fuels. In large part, this is because its use is concentrated in the power sector, and is strongly dependent on the level of electricity demand. In particular, coal is dominant in China and India, the largest and the third-largest electricity users in the world. In addition, the use of coal in power generation is squeezed by low-carbon generation, including hydro, wind, solar and nuclear power, which have been less affected by the Covid‑19 crisis. Hence, differences in economic activity and the associated electricity demand have an outsized effect on coal-fired electricity generation and overall coal consumption.
For example, global coal use could decline only half as much if China and other large consumers of coal recover more quickly from the crisis. Even so, many trends would remain unchanged, such as double-digit percentage drops in the European Union and the United States, single-digit declines in Japan and Korea, and a drop in India. In some markets, coal demand may even grow if recoveries are faster, such as in Southeast Asia, driven by Indonesia and Viet Nam.
Projections of 2020 coal trends need a final caveat regarding China, as the Chinese government has pledged to implement a fiscal and monetary stimulus to its economy. The magnitude and design of that stimulus – as well as how energy-, electricity- and coal-intensive it is – might change coal use trends significantly in China and therefore in the world.
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Thursday, 09 April 20
SUSPENSION OF WRONGFUL TRADING IN LIGHT OF COVID 19 - WF&W
KNOWLEDGE TO ELEVATE
DIRECTORS’ PERSONAL LIABILITY FOR WRONGFUL TRADING – RELIEF DURING THE CORONAVIRUS CRISIS
As the UK&rsquo ...
Wednesday, 08 April 20
LESSONS LEARNED FROM SCRUBBER INSTALLATION AND OPERATION - ABS
KNOWLEDGE TO ELEVATE
At the beginning of this year, the IMO’s global sulfur cap on marine fuels entered into force and shipowners who ch ...
Wednesday, 08 April 20
MARKET INSIGHT - INTERMODAL
With lockdown measures around the globe tightening during the last weeks of Q1, there is finally a feeling that most countries are slowly but stead ...
Tuesday, 07 April 20
SHIPPING MARKET ANALYSIS - ALLIED
With the first quarter of 2020 now firmly written in the books, it is worth examining what we have witnessed so far in the tanker market. Undoubted ...
Tuesday, 07 April 20
IS CHINA EMBARKING ON A MAJOR EXPANSION OF COAL-FIRED POWER GENERATION? - WOOD MACKENZIE
As energy companies worldwide grapple with the economic impact of the coronavirus pandemic, long-term planning continues. Ahead of the release of t ...
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Showing 1021 to 1025 news of total 6871 |
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- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- The University of Queensland
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- White Energy Company Limited
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
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