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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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Saturday, 21 July 12
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market was soft this week as all the segments were down.
The BDI was down by 6.58 pct closing at 1,037 points and the ...
Saturday, 21 July 12
INDONESIAN COMPANIES ABM INVESTAMA AND AVRA ASIA WORK OUT LONG-TERM CONTRACT - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading English news papaer in Indonesia reported that, ABM Investama, a company with diversified interests in coal mi ...
Friday, 20 July 12
INDONESIA-INDIA SUPRAS BEING FIXED AT $ 10K
Handy
After a stable last week, the Handysize market has experienced softening rates in the Atlantic. Ships are ballasting from India into the Atla ...
Friday, 20 July 12
HANDYSIZES PROVE RATHER ATTRACTIVE AMONG OTHER SHIPS, IN TERMS OF FUTURE RETURNS ON INVESTMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Handysize segment of the dry bulk market appears to offer the best incentive among other ship types, for a ship owners to invest in, says Interm ...
Wednesday, 18 July 12
TAIWAN POWER COMPANY TO IMPORT 0.588 MILLION TONS OF LOW ASH AND EXTRA LOW SULFUR SUB-BITUMINOUS COAL
COALspot.com - Taiwan Power Company intends to procure 588,000 MT tons of extra low sulfur sub-bituminous coal for Taipower thermal power plant thro ...
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Showing 4651 to 4655 news of total 6871 |
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- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
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