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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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Tuesday, 26 October 21
CHINA'S COAL-RICH SHANXI BEEFS UP COAL PRODUCTION - XINHUA
Major coal producers in north China’s Shanxi Province, a leading coal-producing region of the country, have beefed up production to ensure en ...
Tuesday, 26 October 21
ENERGY CRISIS SHOWS COAL IS AN EXPENSIVE AND UNRELIABLE SOURCE OF ELECTRICITY GENERATION - IEEFA
Any knee-jerk reaction that urges more investment in coal completely misses the point
India is teetering on the brink of joining a growing glo ...
Tuesday, 26 October 21
CHINA TO INVESTIGATE ENERGY INDEX PROVIDERS IN BID TO TAME COAL PRICES - REUTERS
China said on Monday it will investigate energy price index providers as it urged coal industry participants to “strictly” meet contrac ...
Tuesday, 26 October 21
THERE IS PLENTY OF COAL AND GAS IN THE WORLD BUT A VOLATILE MARKET IS NOBODY'S FRIEND - IEEFA
Gas will be winding its way out of the energy system
Gas prices are continuing to surge around the world. The cost of gas is at unpr ...
Tuesday, 26 October 21
AUSTRALIA EXPORTED 51.6 MLN TONNES OF COAL TO INDIA IN FIRST 10 MONTHS, 19% OF ALL AUSTRALIAN COAL EXPORTS; CHINA WAS THE DESTINATION FOR JUST 0.7% - BANCHERO COSTA
2020 proved to be a truly terrible year for global seaborne coal trade. In 2021 things started pretty badly, but we are seeing increasing signs of ...
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- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Planning Commission, India
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Australian Coal Association
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
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