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Sunday, 01 August 21
SEABORNE HARD COAL TRADE IN 2020 DECREASED BY 149 MILLION MT, OR 12.1%, TO 1,083 MILLION MT - GERMAN COAL IMPORTERS ASSOCIATION
 - Reduced coal-fired power plant fleet secures Germany’s power supply in severe winter of 2020/2021; little wind availability and hence stronger coal burn until well into the second quarter of 2021
- Coal phase-out law leads to closure of young and modern hard-coal-fired power plants
- Southern German power plant locations are very important for security of supply and hence disadvantaged in phase out scenario
- 2021 VDKi celebrates its 125th anniversary
According to Coal Importers Association, Germany, the first half of 2021 shows that hard coal continues to make an important and reliable contribution to electricity generation despite the sealed coal phase-out. The volume of electricity generated in hard coal-fired power plants increased by more than a third (35.6%) to almost 25 TWh compared with the same period of the previous year in a period of low temperatures and with significantly less wind power availability. With this increase, hard coal made a significant contribution to security of supply, underlining its important role in safeguarding the energy transition. In our opinion, this will continue to be necessary in the future, especially after the increase in the German government's forecast for electricity consumption in 2030 of between 645 and 665 TWh.
The press release from German Coal Importers Association noted that, the coal phase-out law was enacted on August 08th, 2020. Over the first three tenders, 25 bids were awarded with a bid quantity of 8,435 MW. This included some young, modern coal-fired power plants. In this respect, the mechanism of the law has not resulted in primarily older power plants with higher specific CO2 emissions being taken off the grid.
Southern German hard-coal-fired power plants are at a massive disadvantage in the auctions for the capacities to be decommissioned. Participation in the first tender was excluded, and in subsequent tenders a grid factor will be taken into account which will with high probability prevent any successful participation in those auctions. As a result, the employees of the hard coal-fired power plants in southern Germany will be at a significant disadvantage in terms of possible socially acceptable staff reductions.
The association further noted that, there is also an urgent need for action in the district heating sector. In many German cities, district heating comes from highly efficient cogeneration plants based on hard coal. VDKI member companies report difficulties with possible conversion of their plants to gas or biomass. There is a lack of funding or simply a lack of efficient gas grid connections.
Following the passing of the Climate Protection Act, the energy industry framework conditions must now be adjusted quickly.
In 2020, world hard coal production decreased by around 220 million mt to 7.06 billion mt due to the pandemic and thereby returned to the level of 2018. Essentially, only the production increases of China (+94 million mt) and India (+7 million mt) ensured that world hard coal production did not decrease even more. Seaborne trade in 2020 decreased by 149 million mt, or 12.1%, to 1,083 million mt. Seaborne coking coal exports decreased by 13.2% to 264 mt and the steam coal market decreased by 11.7% to 819 mt. Hard coal continues to ensure economic growth in Asia and other growth regions, thereby the share of seaborne trade in Asia now amounts to 84%. An increase of world production and world hard coal trade will be a fact during world economy’s recovery post COVID.
On August 31st this year, the VDKi will celebrate its 125th anniversary in the knowledge that its members continue to make an essential and highly reliable contribution to the German economy through their hard coal activities.
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Friday, 13 August 21
INDONESIA’S COAL EXPORTS TO JAPAN DECLINED BY -26.3% YOY TO 11.9 MLN TONNES IN THE FIRST 7 MONTHS OF 2021; STILL THE SECOND LARGEST SOURCE FOR JAPAN’S COAL IMPORTS IS INDONESIA - BANCHERO COSTA
2020 proved to be a truly terrible year for global seaborne coal trade. Total global loadings in the 12 months of 2020 were down -12.7% year-on-yea ...
Thursday, 12 August 21
ONLY 3 VLCCS SOLD FOR DEMOLITION IN 2021 AS SECONDHAND PRICES TEMPT - BIMCO
During the first seven months of 2021, only three actively trading Very Large Crude Carriers (VLCCs) have been sold for demolition. The current mar ...
Wednesday, 11 August 21
U.S: EIA EXPECTS COAL EXPORTS TO TOTAL 90 MMST IN 2021, 30% INCREASE FROM 2020
Coal production in EIA's forecast totals 607 million short tons (MMst) in 2021, an increase of 13% over 2020.
EIA is also ...
Wednesday, 11 August 21
MARKET INSIGHT - INTERMODAL
Energy is at the core of the global climate dialogue as the climate challenge is essentially an energy challenge. Policy experts around the world a ...
Tuesday, 10 August 21
34 INDONESIAN COAL COMPANIES TEMPORARILY BANNED FOR COAL EXPORTS
The Ministry of Energy and Mineral Resources (ESDM) has imposed sanctions in the form of a coal export ban for 34 coal companies as reported by CNB ...
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- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
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