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