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Monday, 26 April 21
CHINA TO FURTHER CUT COAL USE IN 2021 - XINHUA
China aims to reduce the share of coal in its energy mix to less than 56% this year, according to a guideline released by the National Energy Administration (NEA).
The proportion was 56.8% in 2020 and 57.7% in 2019.
In 2021, China plans to further replace coal in final energy consumption with electricity equivalent to 200 billion kilowatt-hours, while increasing the proportion of electricity in final energy consumption to 28%, said the document.
Meanwhile, China’s energy production is expected to reach 4.2 billion tonnes of standard coal equivalent this year, while the outputs of oil and natural gas are expected to stand at around 196 million tonnes and 202.5 billion cubic meters, respectively.
China will also strive to bring the installed capacity of non-fossil energy to 1.1 billion kilowatts and cut energy consumption per unit of gross domestic product by around 3% in 2021.
China will further strengthen control of the total coal consumption, push forward the efficient and clean use of coal, encourage comprehensive energy services and enhance energy-efficiency management, said the NEA.
Efforts will be made to promote clean heating, to ensure that clean energy is used for heating in more than 70% of the households in northern China, while the use of clean heating in the southern part of the country will be explored, it said.
In the face of the issue of global climate change, China has announced its goal to peak its carbon dioxide emissions before 2030 and become carbon-neutral by 2060.
Source: Xinhua
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Wednesday, 16 June 21
MARKET INSIGHT - INTERMODAL
“While approaching the second half of the year and summer season is just around the corner, COVID vaccination programs are steadily moving fo ...
Monday, 14 June 21
'WISHFUL THINKING': WHY CHINA NEEDS AUSTRALIAN IRON ORE FOR 'MANY YEARS' TO COME - YAHOO FINANCE AU
A “wintry period”.
That’s what’s expected to happen to Australia’s economy “when” China st ...
Sunday, 13 June 21
COAL AND LNG’S SURGE IN ASIA PLAYS INTO RENEWABLE ENERGY HANDS - REUTERS
Liquefied natural gas (LNG) and thermal coal prices in Asia have been roaring ahead in recent months amid strong demand, but while welcome news for ...
Friday, 11 June 21
5 REASONS GLOBAL SHIPPING COSTS WILL CONTINUE TO RISE - ING
No short-term relief
Shipping costs have been growing strongly since the autumn of 2020, but the first months of this year have seen a new surg ...
Friday, 11 June 21
ASIA COAL PRICES SURGE, BUT CHINA-AUSTRALIA DISPUTE MEANS RALLY IS UNEVEN - REUTERS
Thermal coal prices across Asia have surged to multi-year highs amid strong demand and some supply constraints, but some types of the fuel have don ...
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- Global Business Power Corporation, Philippines
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- Chamber of Mines of South Africa
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- Planning Commission, India
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- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
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- Aditya Birla Group - India
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- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
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- Electricity Authority, New Zealand
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- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
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- Parliament of New Zealand
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- Therma Luzon, Inc, Philippines
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- Metalloyd Limited - United Kingdom
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- Trasteel International SA, Italy
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- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
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- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
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- Ministry of Finance - Indonesia
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- McConnell Dowell - Australia
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- Indo Tambangraya Megah - Indonesia
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- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- VISA Power Limited - India
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- Altura Mining Limited, Indonesia
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- Indian Oil Corporation Limited
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- Jaiprakash Power Ventures ltd
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- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
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- Star Paper Mills Limited - India
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- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
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- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
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- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
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