COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Saturday, 11 September 21
RECORD CHINESE COAL FUTURES SIGNAL NEED TO BOOST OUTPUT - REUTERS
China’s coal prices have climbed to a record high, signaling the need for more production in the short term, even as the government tries to reduce reliance on coal-fired power generation in the long term.
 
Prices for the most-traded thermal coal futures contract on the Zhengzhou Commodity Exchange hit $150 a tonne on Tuesday, up from $85 a year ago, which was also the five-year average before the COVID-19 pandemic.
 
Surging prices are an indication of the tension between the country’s surging electricity demand and the government’s stated aim to limit coal output and reduce it over time in favor of renewable energy sources.
 
Coal production in the first seven months of the year was up at a compound annual rate of only 4.1% compared with the same period in 2019, according to the National Bureau of Statistics.
 
But the country’s electricity generation increased at a compound annual rate of 7.4% over the same period in response to strong residential and industrial demand .
 
The fastest growth came from wind farms (+25% compound annual rate) and solar power (+24%), with slower growth from nuclear (+10%) and thermal generators (+7%) and a fall in hydroelectric output (-2%).
 
But both wind and solar are growing from a very low base so they have contributed only a small share of the extra generation required, with most of the extra generation coming from thermal sources, mainly coal.
 
In the first seven months of the year, China’s power producers generated 4,645 terawatt-hours (TWh), which was 615 more than in the same period in 2019 .
 
But only a minority of the extra generation came from wind (+119 TWh) and solar (+36 TWh) sources, with most coming from thermal plants (+445 TWh).
 
China is installing more wind and solar capacity than any other country but it is still not enough to keep pace with surging electricity demand, forcing greater reliance on coal in the short term.
 
As a result, the country is having to run new and existing thermal power plants for more hours. The average thermal generating unit ran for 2,589 hours in the first seven months of this year, up 268 hours (+12%) from the same period in 2020, according to data compiled by the China Electricity Council.
 
Reflecting the tightening coal supply situation, the National Development and Reform Commission (NDRC), the country’s top economic regulator, this summer called for more coal output to help to meet peak demand for air-conditioning.
 
“Key coal-producing regions such as Shanxi, Shaanxi and Mongolia should take the lead in … increasing production and supply,” the commission said in a circular issued on July 23.
 
The NDRC directed all areas and coal mining companies to boost output from larger and more productive mines, accelerating capacity replacement and new construction.
 
It also ordered them to make the production of thermal coal their top priority and do everything possible to help power plants with low stocks to increase their number of days of coal storage.
 
Like other countries in Asia and Europe, China’s coal shortages and surging prices reflect the contradiction between the long-term need to move away from coal and the short-term need challenge of meeting power demand.
 
In the short term, higher coal prices are signaling the need to boost production to meet power producers’ needs and build sufficient stocks ahead of the winter heating season.
Source: Reuters


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 06 December 21
CHINA SETS 2022 ANNUAL THERMAL COAL PRICES AT 700 YUAN/T - MEDIA: REUTERS
China’s top economic planner has proposed to set annual thermal coal prices for 2022 at between 550 yuan and 850 yuan ($86-$133) per tonne, a ...


Thursday, 02 December 21
BUMI RECORDED US$ 666.18 MILLION AS REVENUE IN THE 3RD QUARTER, UP 13.31% YOY
PT Bumi Resources Tbk and its subsidiaries have recorded a surge in revenue in the third quarter of 2021. BUMI has recorded US$ 666.18 million as r ...


Thursday, 02 December 21
CHINA'S COAL CRUNCH IS OVER, BUT PRICES ARE STILL TOO HIGH - REUTERS
China’s coal crisis has largely been resolved with gains in both production and stockpiles sufficient to ensure power supplies over winter. ...


Wednesday, 01 December 21
2022 OUTLOOK: INDONESIAN COAL MINING - FITCH RATINGS
Fitch Ratings has a neutral outlook on the Indonesian coal sector for 2022.    Earnings generation should slow down as selling pr ...


Wednesday, 01 December 21
SUPPLY OF COAL TO POWER PLANTS IN NOV MORE THAN CONSUMPTION: JOSHI - PTI
The supply of coal to power plants in November is more than the consumption, resulting in rise in stock of dry fuel at power plants, and this trend ...


   4 5 6 7 8   
Showing 26 to 30 news of total 6503
News by Category
Popular News
 
Total Members : 27,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Directorate Of Revenue Intelligence - India
  • SN Aboitiz Power Inc, Philippines
  • Power Finance Corporation Ltd., India
  • Indo Tambangraya Megah - Indonesia
  • Mjunction Services Limited - India
  • UOB Asia (HK) Ltd
  • Orica Australia Pty. Ltd.
  • Metalloyd Limited - United Kingdom
  • Vijayanagar Sugar Pvt Ltd - India
  • Edison Trading Spa - Italy
  • IOL Indonesia
  • IBC Asia (S) Pte Ltd
  • Ince & co LLP
  • Bukit Baiduri Energy - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Maybank - Singapore
  • NTPC Limited - India
  • J M Baxi & Co - India
  • Barasentosa Lestari - Indonesia
  • Panama Canal Authority
  • McConnell Dowell - Australia
  • Coaltrans Conferences
  • Enel Italy
  • Fearnleys - India
  • Kalimantan Lumbung Energi - Indonesia
  • Humpuss - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Uttam Galva Steels Limited - India
  • Sakthi Sugars Limited - India
  • The India Cements Ltd
  • RBS Sempra - UK
  • Indonesian Coal Mining Association
  • Commonwealth Bank - Australia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • San Jose City I Power Corp, Philippines
  • Clarksons - UK
  • Australian Commodity Traders Exchange
  • Thriveni
  • Salva Resources Pvt Ltd - India
  • Global Coal Blending Company Limited - Australia
  • PLN - Indonesia
  • Thai Mozambique Logistica
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • globalCOAL - UK
  • SMG Consultants - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Global Green Power PLC Corporation, Philippines
  • Total Coal South Africa
  • Pinang Coal Indonesia
  • White Energy Company Limited
  • Bukit Makmur.PT - Indonesia
  • Shree Cement - India
  • Vedanta Resources Plc - India
  • Mitsubishi Corporation
  • IHS Mccloskey Coal Group - USA
  • Japan Coal Energy Center
  • Posco Energy - South Korea
  • Gujarat Sidhee Cement - India
  • Noble Europe Ltd - UK
  • Maruti Cements - India
  • Chamber of Mines of South Africa
  • Central Java Power - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • SASOL - South Africa
  • Simpson Spence & Young - Indonesia
  • Planning Commission, India
  • Gresik Semen - Indonesia
  • Gupta Coal India Ltd
  • Kartika Selabumi Mining - Indonesia
  • MS Steel International - UAE
  • Rio Tinto Coal - Australia
  • IEA Clean Coal Centre - UK
  • Kohat Cement Company Ltd. - Pakistan
  • ETA - Dubai
  • KPCL - India
  • Sojitz Corporation - Japan
  • Marubeni Corporation - India
  • Rudhra Energy - India
  • ACC Limited - India
  • Port Waratah Coal Services - Australia
  • Arch Coal - USA
  • Essar Steel Hazira Ltd - India
  • Infraline Energy - India
  • Eastern Energy - Thailand
  • Economic Council, Georgia
  • CNBM International Corporation - China
  • Permata Bank - Indonesia
  • Central Electricity Authority - India
  • Tanito Harum - Indonesia
  • Deutsche Bank - India
  • Kumho Petrochemical, South Korea
  • Parry Sugars Refinery, India
  • Alfred C Toepfer International GmbH - Germany
  • Kapuas Tunggal Persada - Indonesia
  • Renaissance Capital - South Africa
  • Bahari Cakrawala Sebuku - Indonesia
  • CCIC - Indonesia
  • Orica Mining Services - Indonesia
  • Adani Power Ltd - India
  • Cigading International Bulk Terminal - Indonesia
  • Arutmin Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Moodys - Singapore
  • Africa Commodities Group - South Africa
  • Mintek Dendrill Indonesia
  • IMC Shipping - Singapore
  • Karbindo Abesyapradhi - Indoneisa
  • Bukit Asam (Persero) Tbk - Indonesia
  • Ministry of Mines - Canada
  • GHCL Limited - India
  • Bangladesh Power Developement Board
  • Deloitte Consulting - India
  • Bhushan Steel Limited - India
  • Asian Development Bank
  • U S Energy Resources
  • Kaltim Prima Coal - Indonesia
  • Thermax Limited - India
  • South Luzon Thermal Energy Corporation
  • Indorama - Singapore
  • Maharashtra Electricity Regulatory Commission - India
  • TGV SRAAC LIMITED, India
  • Coal Orbis AG
  • VISA Power Limited - India
  • Siam City Cement PLC, Thailand
  • Formosa Plastics Group - Taiwan
  • Inspectorate - India
  • Ministry of Transport, Egypt
  • Vale Mozambique
  • Heidelberg Cement - Germany
  • Bharathi Cement Corporation - India
  • Coeclerici Indonesia
  • Indika Energy - Indonesia
  • NALCO India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • World Bank
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Aditya Birla Group - India
  • Agrawal Coal Company - India
  • Krishnapatnam Port Company Ltd. - India
  • Kobe Steel Ltd - Japan
  • UBS Singapore
  • Ministry of Finance - Indonesia
  • Therma Luzon, Inc, Philippines
  • Meenaskhi Energy Private Limited - India
  • Barclays Capital - USA
  • AsiaOL BioFuels Corp., Philippines
  • Altura Mining Limited, Indonesia
  • McKinsey & Co - India
  • Bulk Trading Sa - Switzerland
  • JPower - Japan
  • Globalindo Alam Lestari - Indonesia
  • KPMG - USA
  • Eastern Coal Council - USA
  • Iligan Light & Power Inc, Philippines
  • Qatrana Cement - Jordan
  • Semirara Mining and Power Corporation, Philippines
  • Samtan Co., Ltd - South Korea
  • Thiess Contractors Indonesia
  • Wilmar Investment Holdings
  • Tata Chemicals Ltd - India
  • Merrill Lynch Bank
  • Karaikal Port Pvt Ltd - India
  • SRK Consulting
  • Bayan Resources Tbk. - Indonesia
  • Cemex - Philippines
  • Platou - Singapore
  • Billiton Holdings Pty Ltd - Australia
  • Price Waterhouse Coopers - Russia
  • The State Trading Corporation of India Ltd
  • PTC India Limited - India
  • GNFC Limited - India
  • ASAPP Information Group - India
  • Sucofindo - Indonesia
  • bp singapore
  • Attock Cement Pakistan Limited
  • Coalindo Energy - Indonesia
  • Jaiprakash Power Ventures ltd
  • Ernst & Young Pvt. Ltd.
  • Semirara Mining Corp, Philippines
  • The University of Queensland
  • GVK Power & Infra Limited - India
  • HSBC - Hong Kong
  • Dalmia Cement Bharat India
  • Romanian Commodities Exchange
  • TRAFIGURA, South Korea
  • Surastha Cement
  • Star Paper Mills Limited - India
  • Russian Coal LLC
  • Asia Cement - Taiwan
  • PowerSource Philippines DevCo
  • Rashtriya Ispat Nigam Limited - India
  • SUEK AG - Indonesia
  • GMR Energy Limited - India
  • Minerals Council of Australia
  • International Coal Ventures Pvt Ltd - India
  • Independent Power Producers Association of India
  • Coastal Gujarat Power Limited - India
  • Inco-Indonesia
  • Cosco
  • Bangkok Bank PCL
  • Indian Oil Corporation Limited
  • Tamil Nadu electricity Board
  • Runge Indonesia
  • Core Mineral Indonesia
  • Mitra SK Pvt Ltd - India
  • Videocon Industries ltd - India
  • Freeport Indonesia
  • KOWEPO - South Korea
  • TNB Fuel Sdn Bhd - Malaysia
  • TANGEDCO India
  • Energy Link Ltd, New Zealand
  • TNPL - India
  • Xindia Steels Limited - India
  • Makarim & Taira - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Borneo Indobara - Indonesia
  • Meralco Power Generation, Philippines
  • Ceylon Electricity Board - Sri Lanka
  • Straits Asia Resources Limited - Singapore
  • Indian School of Mines
  • Credit Suisse - India
  • Lafarge - France
  • Thomson Reuters GRC
  • JPMorgan - India
  • Riau Bara Harum - Indonesia
  • Idemitsu - Japan
  • Oldendorff Carriers - Singapore
  • Parliament of New Zealand
  • PetroVietnam
  • Bhoruka Overseas - Indonesia
  • Sical Logistics Limited - India
  • Manunggal Multi Energi - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Electricity Generating Authority of Thailand
  • Siam City Cement - Thailand
  • Jatenergy - Australia
  • Standard Chartered Bank - UAE
  • World Coal - UK
  • Interocean Group of Companies - India
  • Petrosea - Indonesia
  • Singapore Mercantile Exchange
  • Goldman Sachs - Singapore
  • ING Bank NV - Singapore
  • Malco - India
  • GN Power Mariveles Coal Plant, Philippines
  • WorleyParsons
  • ANZ Bank - Australia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • London Commodity Brokers - England
  • Bank of China, Malaysia
  • Antam Resourcindo - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Cebu Energy, Philippines
  • EMO - The Netherlands
  • Mercator Lines Limited - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Larsen & Toubro Limited - India
  • CESC Limited - India
  • GB Group - China
  • Indian Energy Exchange, India
  • BNP Paribas - Singapore
  • Vitol - Bahrain
  • Trasteel International SA, Italy
  • PetroVietnam Power Coal Import and Supply Company
  • Latin American Coal - Colombia
  • Merrill Lynch Commodities Europe
  • CoalTek, United States
  • APGENCO India
  • Miang Besar Coal Terminal - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Energy Development Corp, Philippines
  • Jindal Steel & Power Ltd - India
  • Intertek Mineral Services - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Binh Thuan Hamico - Vietnam
  • Tata Power - India
  • Electricity Authority, New Zealand
  • SGS (Thailand) Limited
  • DBS Bank - Singapore
  • OCBC - Singapore
  • Timah Investasi Mineral - Indoneisa
  • Kideco Jaya Agung - Indonesia
  • Mechel - Russia
  • LBH Netherlands Bv - Netherlands
  • OPG Power Generation Pvt Ltd - India
  • Britmindo - Indonesia
  • Global Business Power Corporation, Philippines
  • Anglo American - United Kingdom
  • Holcim Trading Pte Ltd - Singapore
  • CIMB Investment Bank - Malaysia
  • Leighton Contractors Pty Ltd - Australia
  • SMC Global Power, Philippines
  • Bank of America
  • The Treasury - Australian Government
  • PLN Batubara - Indonesia
  • BRS Brokers - Singapore
  • MEC Coal - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • European Bulk Services B.V. - Netherlands
  • Medco Energi Mining Internasional
  • Georgia Ports Authority, United States
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Sarangani Energy Corporation, Philippines
  • Aboitiz Power Corporation - Philippines
  • Petron Corporation, Philippines
  • Carbofer General Trading SA - India
  • Adaro Indonesia
  • Thailand Anthracite
  • Glencore India Pvt. Ltd
  • Coal India Limited
  • Savvy Resources Ltd - HongKong
  • Argus Media - Singapore
  • Madhucon Powers Ltd - India
  • Chettinad Cement Corporation Ltd - India
  • Kepco SPC Power Corporation, Philippines
  • Xstrata Coal
  • Peabody Energy - USA
  • KEPCO - South Korea
  • Malabar Cements Ltd - India
  • GAC Shipping (India) Pvt Ltd
  • Shenhua Group - China
  • Cement Manufacturers Association - India
  • Baramulti Group, Indonesia
  • Lanco Infratech Ltd - India
  • Grasim Industreis Ltd - India
  • Jorong Barutama Greston.PT - Indonesia
  • Reliance Power - India
  • Vizag Seaport Private Limited - India
  • Berau Coal - Indonesia
  • Indogreen Group - Indonesia
  • Coal and Oil Company - UAE
  • Bhatia International Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • Geoservices-GeoAssay Lab
  • Platts
  • Maersk Broker
  • TeaM Sual Corporation - Philippines
  • EIA - United States
  • PNOC Exploration Corporation - Philippines
  • Wood Mackenzie - Singapore
  • Sree Jayajothi Cements Limited - India
  • Ambuja Cements Ltd - India
  • Indonesia Power. PT
  • Mercuria Energy - Indonesia
  • ICICI Bank Limited - India
  • Australian Coal Association
  • Toyota Tsusho Corporation, Japan
  • Samsung - South Korea
  • New Zealand Coal & Carbon
  • Banpu Public Company Limited - Thailand
  • Sindya Power Generating Company Private Ltd
  • Mitsui
  • India Bulls Power Limited - India
  • Cargill India Pvt Ltd
  • Cardiff University - UK