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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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Friday, 27 November 09
EXXARO SEES HIGH COAL DEMAND RAISING PRICES
Reuters reported that, South African diversified miner Exxaro Resources said on Thursday it expected coal prices to rise to between $70 and $75 per ...
Friday, 27 November 09
CENTENNIAL SAYS ENERGY-COAL PRICE TO RISE AS CHINA SEEKS FUEL
Bloomberg reported that, Centennial Coal Co., an Australian producer of the fuel, said contract prices are expected to rise in 2010, with Chinese co ...
Friday, 27 November 09
IN FIRST-10-MONTH OF 2009 COAL IMPORTS IN GUANGXI-FANGCHENG EXCEEDED FULL-2008 IMPORTS
According to Customs statistics, during the January-October, Fangcheng port accumulatively imported 3.676mln tons valuing U.S.$370, rising by 53.8% ...
Thursday, 26 November 09
CHINA'S COAL IMPORTS TO RISE BY 170 PERCENT IN 2009
According to the statistics released by China's General Administration of Customs on November 23, China's coal imports for October totaled 11.1 mi ...
Thursday, 26 November 09
CIL EYES OVERSEAS ACQUISITIONS TO BRIDGE SUPPLY GAP
Coal Minister Sriprakash Jaiswal on Wednesday said that state-run coal major Coal India is looking to acquire coal blocks in the US and
othe ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
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- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
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- McConnell Dowell - Australia
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- Bangladesh Power Developement Board
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- Baramulti Group, Indonesia
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- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
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- Madhucon Powers Ltd - India
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- Energy Development Corp, Philippines
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- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
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- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
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- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- MS Steel International - UAE
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Australian Coal Association
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
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- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
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- SN Aboitiz Power Inc, Philippines
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