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Friday, 19 June 20
INDIA'S COAL CONSUMPTION GROWTH IN 2019 SLOWEST SINCE 2001: BP STATS REVIEW - HINDU BUSINESS LINE
Growth in global energy markets slowed in 2019 in line with weaker economic growth, according to the bp Statistical Review of World Energy 2020. There was also a partial unwinding of some of the one-off factors that boosted energy demand in 2018.
“This slowdown was particularly evident in the US, Russia and India, each of which exhibited unusually strong growth in 2018,” the study said.
The growth of coal in India, usually a key driver of coal consumption, was only 0.3 per cent– its lowest since 2001. These increases in coal consumption were more than offset by falls in demand in the developed world, led by the US and Germany.
“Global coal consumption and production fell by 0.6 per cent, its fourth decline in six years, displaced by natural gas and renewables, particularly in the power sector. As a result, coal’s share in the (global) energy mix fell to 27 per cent, its lowest level in 16 years. Coal consumption continued to increase in some emerging economies, particularly in China, Indonesia and Vietnam.”
The growth in carbon emissions in 2019 was also slowed from the sharp increase seen in the previous year, as primary energy consumption decelerated, and renewables and natural gas displaced coal from the energy mix.
Despite the globally lower consumption, China was by far the biggest individual driver of primary energy growth, accounting for more than three quarters of net global growth. India and Indonesia were the next largest contributors, while the US and Germany posted the largest declines in energy terms, the study said.
Commenting on the impact of Covid-19 crisis, Spencer Dale, bp chief economist said, “Global energy markets have been severely disrupted by the pandemic.”
Bernard Looney, bp chief executive officer, said: “The average annual growth in carbon emissions over 2018 and 2019 was greater than its 10-year average. As the world emerges from the Covid-19 crisis it needs to make decisive changes to move to a more sustainable path. The disruption to our everyday lives caused by the lockdowns has provided a glimpse of a cleaner, lower carbon world: air quality in many of the world’s most polluted cities has improved; skies have become clearer.”
“But to get to net zero by 2050, the world requires similar-sized reductions in carbon emissions every other year for the next 25 years,” Looney said.
Net zero means balancing carbon emissions with removal methods or simply eliminating carbon emissions altogether. This is a goal aimed at lowering the pollution levels emanating due to fossil fuel consumption.
Source: The Hindu Business Line
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Wednesday, 01 July 20
COLOMBIA'S COAL EXPORT VOLUMES HAVE STEADILY DECLINED IN RECENT YEARS - BANCHERO COSTA
Colombia is the world’s fifth largest seaborne exporter of coal, coming after Australia, Indonesia, Russia and the USA.
Export ...
Wednesday, 01 July 20
MARKET INSIGHT - INTERMODAL
It was beginning of 2020 – close to 6 months from now – when we first experienced the huge impact of the COVID 19 outbreak on Ship Repa ...
Monday, 29 June 20
INDONESIAN COAL AT THE MERCY OF THE DRAGON AND TIGER - GHEE PEH | IEEFA
Coal sector analysts have been busy in recent months mapping the negative impact of low coal prices from the COVID-19 pandemic on Indonesian coal c ...
Monday, 29 June 20
FALLING DEMAND IN CHINA AND INDIA SIGNAL TOUGH TIMES AHEAD FOR INDONESIAN EXPORTS - GHEE PEH | EEFA
Assessing the Impact on Indonesian Coal Companies
The bad news for Indonesia’s coal companies is that they are likely to have ...
Monday, 29 June 20
INDIA COAL IMPORT OUTLOOK: WEAK DEMAND, IMPORT SUBSTITUTION, EXPECT 20% YOY DECLINE - GHEE PEH | IEEFA
For India, the coal demand indicators have clearly turned negative.
According to Argus Media, since the government declared a ...
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- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- The University of Queensland
- Parry Sugars Refinery, India
- Australian Coal Association
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Bhatia International Limited - India
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
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