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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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Thursday, 26 January 23
AUSTRALIA'S CORONADO GLOBAL SEES COAL PRICES RISING ON RESUMING CHINA IMPORTS - REUTERS
Australia’s Coronado Global Resources said on Tuesday resuming metallurgical coal imports to China would likely push sea-borne coal prices hi ...
Monday, 23 January 23
CHINA'S MAJOR COAL-PRODUCING PROVINCE ACCELERATES DIGITAL TRANSFORMATION - XINHUA
At Chindata Group’s big-data industrial park in Lingqiu County of Datong City, hundreds of thousands of servers are running round-the-clock t ...
Monday, 23 January 23
CHINA'S COAL-RICH PROVINCE SEES COAL PRODUCTION INCREASE IN 2022 - XINHUA
North China’s coal-rich province of Shanxi saw its coal production hit 1.31 billion tonnes in 2022, up 8.7 percent year on year, local author ...
Wednesday, 18 January 23
MARKET INSIGHT - INTERMODAL
From Feb 5, another price cap will be introduced to Russian fuels and oil products, adding to the one for crude oil, already in place from Dec. 3. ...
Tuesday, 17 January 23
FRAUD IS THE BIGGEST THREAT TO CARGO LOSSES - TT CLUB
The almost exclusive use of online facilities to process business transactions allows a myriad of fraudulent pursuits to find opportunities within ...
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- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- MS Steel International - UAE
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- PTC India Limited - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
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