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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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Thursday, 03 December 09
PROLONGED COAL MARGIN SQUEEZE AHEAD - WESCOAL
Mining Weekly reported that, Coal junior Wescoal foresees a continued margin squeeze ahead. The JSE AltX-listed company's gross margin was reduced ...
Tuesday, 01 December 09
COAL DEMAND REBOUNDING FROM DOWNTURN - U.S. MINING EXECS
The coal industry is slowly rebounding from last year's recession with demand and prices inching upward, although inventories at U.S. power ...
Tuesday, 01 December 09
INDONESIA COAL OUTPUT SEEN LIFTED BY CHINA, INDIA
Reuters reported that, Indonesia's coal output is expected to grow by as much as 12 percent in 2010, boosted by demand from power hungry China and ...
Monday, 30 November 09
NTPC SCOUTS FOR MORE COAL BLOCKS IN INDONESIA
State-run National Thermal Power Corporation (NTPC) today said it has identified three more coal blocks in Indonesia for acquisition.
"We ha ...
Monday, 30 November 09
THE FUTURES FOR THREE YEARS (2010-2012) WAS SOFT COMPARED TO LAST WEEK - VISTAAR SINGAPORE
COALspot.com (Singapore): BDI continued to drop this week and touched below 4,000 mark level. The drop in BDI was almost 12 pct and closed at 3,975 ...
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- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Australian Coal Association
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- The University of Queensland
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Planning Commission, India
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
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