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Wednesday, 06 January 10
COAL PEAK RECEDES INTO THE FAR DISTANCE
COALspot.com (German): Coal will be available to mankind as an energy source for the next 120 years.
The German Coal Importer Association has called attention to this fact. During a convention of the Evangelische Akademie Tutzing, the experts corrected descriptions of the reserves situation originating from the Energy Watch Group, which is associated with the Greens. The coal importers regard the statements made by this group predicting an imminent decline in world production to be misleading as they are in part wrong and ideologically based .
The time period of 120 years for profitably minable coal reserves is based on figures from the German Federal Institute for Geosciences and Natural Resources (BGR ). These figures show that hard coal will be a vailable for a significantly longer time than oil or natural gas. Moreover, coal is the primary energy source with the fastest growth rate in consumption.
It will cover a major part of energy demand until 2030, above all in Asian countries.
According to forecasts by the International Energy Agency (IEA), the world population will grow by 1.4 billion to over eight billion within the next 20 years. This translates into growth of the world population each year by a figure corresponding approximately to the total population of Germany.
At the same time, energy consumption will grow over proportionately by 30%.
If this demand is to be met, all of the forms of energy must be utilised. Despite the massive increase in renewable energy sources, the fossil energy sources coal, oil and gas will cover 75% of the additional consumption up to the year 2030. Against this back drop, the development of the CCS technology (carbo n - capture - storage) clearly proves to be important; without it, any improvement in the climate will be very expensive.
The new technology represents greater export opportunities, especially for Germany, than the comparatively simple technologies of wind or solar energy, which are more easily copied and are already being imitated in other countries.
Source: Global Press / The German Coal Importer Association
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Tuesday, 19 January 10
CESC TO BUY 100,000 MT OF INDONESIAN SUB BITUMINOUS COAL
COALspot.com (India): CESC, India’s one of the largest and oldest private power producer is expected to issue a closed tender any time this we ...
Tuesday, 19 January 10
COAL FOR DOMESTIC USERS
While the government is already almost a year behind schedule in issuing regulations to implement the new mining law, mineral producers have been&nb ...
Tuesday, 19 January 10
RISING DEMAND FROM POWER FIRMS TO PUSH COAL PRICES
The resurgence of the Chinese economy, along with harsh winter conditions across the country, is likely to push coal prices up in the short term. In ...
Tuesday, 19 January 10
ESSAR'S MEGA ACQUISITION PLANS
India’s Essar Group has carved a mega plan that includes a slew of acquisitions and investments in assets across various businesses. CNBC-TV18 ...
Monday, 18 January 10
INDONESIA SHIPPED 15.90 PERCENT OF TOTAL COAL EXPORTS IN 2009 TO INDIA
COALspot.com (Indonesia): Indonesia, the world largest coal exporter, exported 19.07 percent of the total coal export in 2009 to China and 15. ...
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- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- White Energy Company Limited
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- The University of Queensland
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
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