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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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Wednesday, 16 December 09
COAL MARKETS 2010 CONFERENCE - PRESS RELEASE
COALspot.com (Singapore) Press Release – Back for the 8th year, Coal Markets 2010 will be taking place in Singapore on 28 – 29 Jan ...
Wednesday, 16 December 09
CHINA 2010 COAL TERM PRICES SEEN RISING 8% ON YEAR
Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels, as demand for power has been roaring ba ...
Wednesday, 16 December 09
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL INTERESTS
Emerging coal producer Kangaroo Resources has significantly enhanced its production pipeline in Indonesia after reaching agreement to acquire a coki ...
Wednesday, 16 December 09
UAE'S RAS AL KHAIMAH TO INVEST $5.2B IN EAST KALIMANTAN PROJECT
Shrugging off neighbor Dubai’s debt problems, the smaller United Arab Emirate of Ras Al Khaimah announced on Tuesday that it would increase it ...
Wednesday, 16 December 09
COECLERICI EYES SECOND RUSSIA COAL MINE
* CEO says "seriously considering" mid-small size purchase
* Will use mine to increase exports to Asia
* Says delays at ports will not c ...
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- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- White Energy Company Limited
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
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