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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 to support high-tech enterprises nationwide in such fields as AI, autonomous driving and quantum communication.
The development of the digital economy is advancing in Datong, known as China’s “coal capital.” The coal-producing heartland in north China’s Shanxi Province boasts one eighth of the country’s coal reserves.
While phasing out outdated coal production capacity, the city has been looking for alternative industries for long-term growth. With years of efforts, it has become the province’s pioneer in promoting the digital economy in an effort to achieve high-quality development.
The city has built a total of 140,000 data center design racks and established a server capacity of up to 2 million units. Its computing output has become a new point of growth in a city which traditionally relied on fossil fuel resources.
According to the annual session of the Shanxi Provincial People’s Congress, which concluded on Monday, the value of the province’s digital economy exceeded 500 billion yuan (about 74.6 billion U.S. dollars) by the end of 2022.
In addition to Datong, other traditional coal-producing cities of Lyuliang and Yangquan in the province are also promoting digital economy in the fields of big data, smart mining and unmanned driving.
At 500 meters underground, robots are patrolling to monitor mining in the Xinyuan coal mine of the Lu’an Chemical Group Co., Ltd. Assisted by 5G technology, the automated inspectors send real-time data to the mining company’s control center to check mining safety.
Xinyuan became China’s first 5G network-covered coal mine in 2020. Mining managers can view the operational situation in 31 underground working scenarios, including ventilation fans and mining faces, via the smart operating system.
Ping Qingzhong, an expert with the Institute of Internet Industry, Tsinghua University, said the development of the digital economy in Shanxi has a solid industrial base, especially in the energy industry, and its digital economic development, based on upgrading these traditional industries, has broad prospects.
At the meeting of the provincial legislature, the provincial government set the goal of an annual growth rate of more than 15 percent for its digital economic development in the next five years.
Liu Yong, deputy director of the Shanxi provincial department of industry and information technology, said that Shanxi would strengthen the building of digital infrastructure to empower the digital transformation of traditional industries, and provide strong support for all-around high-quality development.
Source: Xinhua
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Saturday, 18 March 23
HEDGE TO OFFSET LNG VOLATILITY, TRADERS TOLD - BALTIC EXCHANGE
A shift in imports from Asia to Europe led to significant volatility in liquefied natural gas shipping last year, prompting industry experts to urg ...
Friday, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.
According to the new HBA regulation No. 41.K/MB.0 ...
Saturday, 11 March 23
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. ...
Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal c ...
Thursday, 02 March 23
INDIA'S SEABORNE CRUDE OIL IMPORTS IN 2022 INCREASED BY 11.5% YOY - BANCHERO COSTA
2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession, Banchero Costa ...
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- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
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- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
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- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
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- VISA Power Limited - India
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- Directorate Of Revenue Intelligence - India
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- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
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- Romanian Commodities Exchange
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- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
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- Xindia Steels Limited - India
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- Indian Energy Exchange, India
- Indian Oil Corporation Limited
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- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
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- Eastern Energy - Thailand
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- Antam Resourcindo - Indonesia
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- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Interocean Group of Companies - India
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
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- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Wilmar Investment Holdings
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- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
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- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
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- Indonesian Coal Mining Association
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- Georgia Ports Authority, United States
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- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
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