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, 29 July 22
GLOBAL COAL DEMAND IS SET TO RETURN TO ITS ALL-TIME HIGH IN 2022 - IEA
IEAThe world’s consumption of coal is set to rise slightly in 2022, taking it back to the record level it reached nearly a decade ago, according to an IEA report published today, which notes that significant uncertainty hangs over the outlook for coal as a result of slowing economic growth and energy market turbulence.
 
Based on current economic and market trends, global coal consumption is forecast to rise by 0.7% in 2022 to 8 billion tonnes, assuming the Chinese economy recovers as expected in the second half of the year, the IEA’s July 2022 Coal Market Update says. This global total would match the annual record set in 2013, and coal demand is likely to increase further next year to a new all-time high.
 
The new report highlights the significant turmoil in coal markets in recent months, which has important implications for many countries where coal remains a key fuel for electricity generation and a range of industrial processes. At the same time, the world’s continued burning of large amounts of coal is heightening climate concerns, as coal is the largest single source of energy-related CO2 emissions.
 
Worldwide coal consumption rebounded by about 6% in 2021 as the global economy recovered rapidly from the initial shock of the Covid pandemic. That sharp rise contributed significantly to the largest ever annual increase in global energy-related CO2 emissions in absolute terms, putting them at their highest level in history.
 
Global coal demand is being propped up this year by rising natural gas prices, which have intensified gas-to-coal switching in many countries, as well as economic growth in India. Those factors are being partly offset by slowing economic growth in China and by the inability of some major coal producers to ramp up production.
 
Demand for coal in India has been strong since the start of 2022 and is expected to rise by 7% for the full year as the country’s economy grows and the use of electricity expands. In China, coal demand is estimated to have declined by 3% in the first half of 2022 as renewed Covid lockdowns in some cities slowed economic growth, but an expected increase in the second half of the year is likely to bring coal consumption for the full year back to the same levels as last year. China and India together consume double the amount of coal as the rest of the world combined, with China alone accounting for more than half the world’s demand.
 
Coal consumption in the European Union is expected to rise by 7% in 2022 on top of last year’s 14% jump. This is being driven by demand from the electricity sector where coal is increasingly being used to replace gas, which is in short supply and has experienced huge price spikes following Russia’s invasion of Ukraine. Several EU countries are extending the life of coal plants scheduled for closure, reopening closed plants or raising caps on their operating hours to reduce gas consumption. However, Europe only accounts for about 5% of global coal consumption.
 
As soaring natural gas prices have made coal more competitive in many markets, international coal prices have risen in turn, hitting three all-time peaks between October 2021 and May 2022. Sanctions and bans on Russian coal following Russia’s invasion of Ukraine have disrupted markets, and issues in other major exporters have contributed to supply shortages. With other coal producers facing constraints in replacing Russian output, prices on coal futures markets indicate that tight market conditions are expected to continue well into next year and beyond.
Source: IEA


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

Recent News

Wednesday, 22 March 23
MARKET INSIGHT - INTERMODAL
The crude tanker market continues to gather momentum as we head towards the end of 1Q2023, against a backdrop of strong U.S. exports paired with a ...


Wednesday, 22 March 23
WILL LOWER GAS PRICES SPARK SWITCHING IN EUROPE AND ASIA?
Record high prices devastated demand for gas and LNG across Asia and Europe last year. But with prices falling, companies are starting to re-evalua ...


Monday, 20 March 23
NTPC MULLS 5.4 MILLION TONNES COAL IMPORT IN FIRST HALF OF 2023-24: PTI
State-run power giant NTPC is planning to import around 5.4 million tonnes of coal to meet the supply shortage during the first half 2023-24 fiscal ...


Monday, 20 March 23
S. AFRICA’S EXXARO RESOURCES SAYS COAL PRICES COOLING OFF - REUTERS
South Africa’s Exxaro Resources on Thursday posted a 28% jump in 2022 profit after seeing average coal prices surge more than 150%, but warne ...


Saturday, 18 March 23
RUSSIAN LNG EXPORTS TO EUROPE REMAIN HIGH - VESSELS VALUE
Russian LNG exports to Europe remained at very high levels in February at 3.6 million CBM, following a 13 month high in January of 4.1 million CBM. ...


   23 24 25 26 27   
Showing 121 to 125 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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