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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, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power to ...
Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports a ...
Thursday, 29 October 09
CURRENCIES, ASIA DEMAND TO LIFT EUROPE COAL PRICE
Supportive currency movements and strong Asian demand mean the price of coal delivered into Europe is poised to rise more than 30 percent to above $ ...
Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a ...
Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.
ME ...
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- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Planning Commission, India
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Parliament of New Zealand
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
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