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Friday, 22 June 12
COAL: THE BACKBONE OF MODERN ELECTRICITY - ECOAL
 Coal has been described as the "forgotten fuel," perhaps because many aren't aware of the huge role it plays in powering the global economy.
Coal provides 41% of the world's electricity, almost double the next largest source, natural gas. Coal is the backbone of electricity supplies across almost every continent and is fundamental to providing safe, stable and secure energy supplies to the vast majority of countries around the world. One of the reasons coal is so fundamental to global electricity is because it is so widely available. Unlike oil and gas, coal resources exist in almost every country and almost 80 countries have recoverable reserves of coal. Although the biggest reserves of coal are found in the United States, Russia, India and China, it is actively mined in more than 70 countries. Most coal is consumed domestically. In a number of countries it is the only domestically available energy fuel and so it is essential to a secure and economic energy supply.
Coal's critical role in the world's energy supply is also shown by the fact it counts for about a third of the world's total energy demand. Coal has in fact been the fastest growing fuel every year for the past decade and between 2000 and 2010, coal met as much of the world's additional energy demand as all the other fuels (oil, gas, nuclear and renewables) combined.
Future fuel
With the world facing huge energy challenges, coal will play a major role in securing energy supplies long into the future. As economic growth continues and global energy poverty challenges are addressed, the International Energy Agency projects that demand for electricity across the globe could double by 2035.
Coal is set to play a major role in addressing the challenge of energy poverty (see main article) and will continue to fuel growth inthe world's electricity supply. According to the International Energy Agency, coal will still be the largest source of electricity generation globally in 2035 when it will have grown by 45%. In addition to its availability, one of them reasons coal is so important in the world's electricity supply is its affordability.
Coal is less vulnerable to price variations like oil and gas and existing coal fired power stations generate electricity at a very competitive cost compared to other fuels. In many cases burning coal is significantly cheaper than other technologies, particularly renewables. Coal is also by far the least subsidised fuel, receiving 28 times less subsidies per unit of electricity produced than natural gas.
It's numbers like these that demonstrate the key role coal plays in the world's electricity supply, so perhaps it is a surprise that it is the world's forgotten fuel. With increasing demands for coal to help eradicate energy poverty and new technologies dramatically reducing the emissions from burning coal, it is clear coal will continue to be the backbone of modern electricity well into the future.
Source: Ecoal
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Monday, 10 September 12
TNPL, AN INDIAN PAPER MAKER IS SEEKING FOR 300K MT OF IMPORTED NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint & Papers Ltd. , an Indian paper maker, is seeking 300,000 metric tons ± 5% (In 6 Shipments about 50,0 ...
Monday, 10 September 12
DRY BULK MARKET SLOWLY BUT SURELY REACHING CRITICAL STATUS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The radical consequences of the shifts in dry bulk demand and prices, especially for the most sought after commodity, concerning the industry, i.e. ...
Monday, 10 September 12
ORPHEUS ENERGY SECURES INDONESIAN COAL TRADING LICENSE
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced today that the Indonesian Ministry of Energy and Mineral Resources h ...
Monday, 10 September 12
A SNAPSHOT ON THE ECONOMIC AND SHIPPING ENVIRONMENT - GOLDEN DESTINY / HELLENIC SHIPPING
The European Central Bank left its interest rate unchanged at 0.75% focusing on pushing down borrowing costs in troubled economies, Spain and Italy. ...
Sunday, 09 September 12
H213 SUB-BIT FOB INDONESIA COAL SWAPS ARE TRADING HIGHER
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost 0.14 percent W-O-W on 7 September 2012, Friday closing but gained ...
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- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- GMR Energy Limited - India
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- The University of Queensland
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Sindya Power Generating Company Private Ltd
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