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Monday, 19 December 22
ENERGY CRISIS FUELS COAL COMEBACK IN GERMANY - REUTERS
Coal has made a comeback in Germany this year, as Europe’s largest economy turns to the dirty fuel to power it through an energy crisis.
More than a third (36.3%) of the electricity fed into the German power grids between July and September came from coal-fired power plants, compared with 31.9 percent in the third quarter of 2021, according to German statistics office Destatis.
Long demonised by Germany’s Green party, which leads some of the government’s top ministries, coal was set to be phased out by 2030, but Russia’s war with Ukraine and gas export curbs, brought coal back into favour.
Coal-to-power generation output rose by 13.3% year-on-year to 42.9 terawatt hours (TWh) in the three months of July-September, during which overall German power output – at 118.1 TWh – lagged the same period in 2021 by 0.5 percent, Destatis said.
Gas generation rose slightly, despite high prices, as wind and hydro power output were low, and domestic nuclear output also fell in July-Sept.
The latter was because only three reactors remain online compared to six a year earlier as Germany exits from the technology following the Fukushima crisis.
Under the threat of gas shortages, some coal plants that had closed or been left in reserve have re-entered the market in Europe this year, but in most countries, the amount was limited.
“Only in Germany, with 10 gigawatts (GW), is the reversal at a significant scale. This has increased coal power generation in the European Union, which is expected to remain at these higher levels for some time,” the IEA’s annual coal market report said.
Global coal consumption reached a record high of over 8 billion tonnes this year, with Germany one of the highest with a 19% rise, or 26 million tonnes, versus 2021, the IEA said.
Instead of shutting down 1.6 GW of lignite-fired power plants by the end of 2022 as planned, the German government has issued a waiver to allow production until March 2024.
Germany has created a “gas replacement reserve” with a total capacity of 11.6 GW. This includes 1.9 GW of lignite and 4.3 GW of hard coal power plants which are allowed to return to the market until 2024, the IEA report said.
The decommissioning of 2.6 GW of hard coal power capacity and 1.2 GW of lignite capacity has been postponed.
Since Destatis started compiling statistics in 1990, 2022 will likely be the first that Germany will be a net exporter of electricity to France, not the other way round, it said.
However, the IEA added that due to an expected ramp-up of electricity production from renewables and a recovery in French nuclear power availability, Germany should return to being a net importer of electricity in the next few years.
Source: Reuters
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Sunday, 16 April 23
CHINA JUGGLES FOUR MAJOR ECONOMIC CHANGES IN 2023 - WOOD MACKENZIE
Change is afoot in China. Economic growth is slowing, while rising political tensions between China and the US, coupled with global supply chain re ...
Sunday, 16 April 23
CHINA'S MARCH COAL IMPORTS JUMP TO 3-YEAR HIGH - REUTERS
China’s coal imports surged in March to their highest in any month over the past three years as utilities increased purchases on expectations ...
Sunday, 16 April 23
OPEC KEEPS WORLD OIL DEMAND GROWTH OUTLOOK UNCHANGED
The OPEC Reference Basket (ORB) declined in March by $3.43, or 4.2%, m-o-m to average $78.45/b. The ICE Brent first-month contract fell by $4.33, o ...
Sunday, 16 April 23
CHEAPER SPOT LNG PRICES TEMPT SOME ASIAN BUYERS AMID SUPPLY GAINS - REUTERS
Cheaper spot prices for liquefied natural gas (LNG) are luring price-sensitive buyers back in Asia, with China and India recording rising imports i ...
Tuesday, 11 April 23
COAL USE CLIMBS WORLDWIDE DESPITE PROMISES TO SLASH IT - AAP
The burning of coal for electricity, cement, steel and other uses went up in 2022 despite global promises to phase down the fuel that is the bigges ...
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- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- The University of Queensland
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Planning Commission, India
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
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