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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, 07 July 12
EXCESS SUPPLY & WEAK DEMAND KEEP COAL PRICES LOW
COALspot.com - SGX AsiaClear OTC Coal Swaps for August and Q4 deliveries slipped slightly this week. SGX’s Indonesian sub-bituminous coal swap ...
Saturday, 07 July 12
BALTIC INDEX UP ON STRONG CAPE, PANAMAX RATES - VISTAAR
COALspot.com - This week all the segments were firmed up with BDI up by 15.23 pct (up by 153 points) closing at 1,157 points.
The cape index also ...
Saturday, 07 July 12
DRY BULK MARKET NOT ABLE TO FIND SOLID GROUND SAY EXPERTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the second half of each, traditionally looking the most active one, especially in terms of newbuildings being delivered, it's highly unlikely ...
Thursday, 05 July 12
GOVT GETS READY FOR $1.8B SUIT - THE JAKARTA POST
The Jakarta Post, one of the leading Indonesian English new papers reported that, several ministries and the Attorney General’s Office held a ...
Thursday, 05 July 12
DRY BULK MARKET MOVES FURTHER UP THE HILL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its growth momentum by the middle of the week, as the BDI (Baltic Dry Index) rose by an additional 40 points to 1,103 p ...
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- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Planning Commission, India
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- White Energy Company Limited
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
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