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Friday, 22 October 21
HARD COAL REMAINS AN IMPORTANT FACTOR FOR SECURITY OF SUPPLY - COAL IMPORTERS ASSOCIATION, GERMANY
 - Hard coal remains an important factor for security of supply
- Increase of around 35% in hard-coal-fired power generation in the first three quarters of 2021
- Availability not a problem; hard coal will continue to secure energy transition
- China dominates demand on world market, Russian exports stutter, South Africa steps in
Press Release: The course of 2021 illustrates very clearly that security of supply is and will remain one of the most important issues in the German energy transition.
The expansion of supply-dependent renewable energy, wind and solar, is the heart of energy policy. A further increase in the share of renewable energies increases the need to reserve available capacity. This is because adequate, controllable and secured power must be available in the event of dark periods. And in phases of prolonged dark lulls, the high demand in Germany cannot be met either by importing electricity from neighboring countries or by incentivizing flexibility on the electricity demand side. Hard coal can and will be a reliable partner for security of supply in Germany during its allotted remaining lifetime - not only for electricity, but also for district heating in a transitional period.
In order to enable the transformation to a sustainable and secure energy supply and to offer the companies and their employees prospects for the future, energy policy decisions are needed quickly which also affect the market design.
The high demand for electricity due to the recovery of German industrial production after the pandemic-related economic slump in 2020 and the low availability of wind power have significantly reduced the share of renewables in electricity generation. Hard coal has filled much of this gap and made an important and reliable contribution to power generation. In the first three quarters of 2021, the amount of electricity generated from hard coal increased by around 35% to almost 37 TWh. With 8.6%, hard coal made a significant contribution to security of supply, impressively underlining its important role in securing the energy transition. For the calendar year 2021, the VDKi expects hard coal imports to Germany to reach a level of 38-39 million t, which is likely to be around 6 - 7 million above the previous year.
On the world market for steam coal, China continues to be the dominant factor on the demand side. In the run-up to the celebrations to mark the 100th Party anniversary, the country's own coal production capacities were scaled down for health and safety reasons. Following the Covid-comeback of the Chinese economy, this capacity is now missing, but is being structurally rebuilt. The post-pandemic restart is also causing problems for Russian coal exports, with rail logistics currently lagging badly behind requirements. The Russian gap is being filled for Europe by coal from South Africa, which currently is increasingly entering the ARA (Amsterdam/Rotterdam/Antwerp) markets after a long absence.
Despite the sharp rise in global demand for hard coal, the German market was reliably served. The highly fluctuating demand situation posed an enormous challenge for inland logistics.
The sharp rise in the price of coal since the beginning of the year, currently forward price of 230 USD/t for October and 170 USD/t for November, has not led to a cooling of demand for coal. As the price of natural gas, a competitive energy, has risen much more sharply than coal, the use of hard coal is economically attractive despite high CO2 prices. As a result of this highly volatile market situation, caused by the development of gas prices, the exchange prices for electricity have also risen significantly.
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Thursday, 04 November 21
FASTER DECARBONISATION: BACK TO BASICS FOR THE MINING INDUSTRY? - WOOD MACKENZIE
To the uninitiated, rugby is a technical and complicated game. As young schoolboys it was all a wee bit confusing and we invariably ended up on the ...
Wednesday, 03 November 21
CHINA TO LAUNCH NEW DATA MONITORING SYSTEM, TARGETING COAL MARKET SPECULATION, HOARDING - GLOBAL TIMES
China’s top economic planner announced on Sunday a new data system for supervising the implementation of medium- and long-term contracts of c ...
Wednesday, 03 November 21
CHINA’S STATE PLANNER SAYS COAL SUPPLY IMPROVING, PRICES STABILISING - REUTERS
China’s coal supply situation has seen significant improvement with joint efforts from coal producers, logistics and downstream users, while ...
Wednesday, 03 November 21
HIGHER COKING COAL PRICES TO PARE PROFITABILITY OF STEELMAKERS IN SECOND HALF OF FY22 - CRISIL RATINGS
The operating margin of primary steelmakers will reduce by a third to 24-26% in the second half of this fiscal versus the first half as input cost ...
Wednesday, 03 November 21
MARKET INSIGHT - INTERMODAL
November is here and soon the all time seasonal favorite “all I want or Christmas is you” by Mariah Carey will be played in radio stati ...
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- The Treasury - Australian Government
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Planning Commission, India
- Cement Manufacturers Association - India
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Madhucon Powers Ltd - India
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