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


Search News
Latest CoalNews Headlines
Friday, 22 October 21
HARD COAL REMAINS AN IMPORTANT FACTOR FOR SECURITY OF SUPPLY - COAL IMPORTERS ASSOCIATION, GERMANY
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.


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

Recent News

Monday, 01 November 21
COAL PRICES HAVE FURTHER ROOM TO DROP: TOP ECONOMIC PLANNER - GLOBAL TIMES
China’s top economic planner said coal prices have further room to drop on Friday, as the most traded coal futures dropped to below 1,000 yua ...


Saturday, 30 October 21
CHINA'S COAL PRICES SEE BIGGEST WEEKLY FALL IN MORE THAN 5 YEARS - REUTERS
China’s coal futures prices saw their biggest fall in more than five years after the powerful state planner said there is still room to adjus ...


Saturday, 30 October 21
G-20 LEADERS PREPARE STATEMENT TO STOP FUNDING FOREIGN COAL PLANTS - BLOOMBERG
Leaders of the Group of 20 wealthy economies are preparing to pledge to stop funding foreign coal-fired plants, but are still wrangling over climat ...


Friday, 29 October 21
APAC THERMAL COAL SUPPLY TO REMAIN TIGHT AS WINTER LOOMS - FITCH RATINGS
APAC thermal coal prices have surged, hitting historically high levels. The benchmark Newcastle 6,000kcal/kg grade coal reached USD228/tonne in mid ...


Thursday, 28 October 21
CANADA BAN ON SHIPPING COAL WOULD EQUAL SCRAPPING AS MANY AS 3 MILLION CARS - IEEFA
Canada ban on shipping coal would equal scrapping as many as 3 million cars   Change in Canadian policy could have major implications ...


   84 85 86 87 88   
Showing 426 to 430 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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