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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, 08 December 09
HIGH GLOBAL COAL PRICES HIT POWER PROJECTS
Spot prices for the fuel have appreciated almost 10% in November.
After a sedate year, rising coal prices could hit the coffers of import-based d ...
Monday, 07 December 09
HOW INDIA CAN CUT ITS ENERGY NEEDS BY 20%!
Using energy more efficiently can reduce our energy needs by one fifth; it is a strategy we must pursue even as we promote renewables, says Kirit Pa ...
Monday, 07 December 09
ASIA COAL POWER IN INDONESIA DISCUSSES NEW MINING LAW, COAL AND POWER SECTORS AS INVESTMENTS POUR INTO COALMINES TO SECURE SUPPLIES
COALspot.com (Singaproe): Press Release - Asia Coal Power pinpoints growing power demand in Asia & Power sector investments in Indonesia's coal ...
Monday, 07 December 09
DRY BULK RATES' VOLATILITY TO STAY, BUT RECOVERY IS UNDERWAY SAYS ION VAROUXAKIS HEAD OF FREESEAS
In an interview with Hellenic Shipping News, Mr. Ion G. Varouxakis, Chairman of the Board, President and CEO of Nasdaq-listed Freeseas, explains why ...
Monday, 07 December 09
VEDANTA RESOURCES ISSUES TENDER TO IMPORT 2.25 MILLION COAL
COALspot.com (India): Vedanta Resources plc is a London stock exchange listed FTSE 100 diversified metals and mining major with revenues in excess o ...
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- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Independent Power Producers Association of India
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
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