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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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Friday, 22 June 12
GLOBAL ACTION NEEDED ON ENERGY POVERTY - WORLD COAL
Eradicating energy poverty is possibly the biggest challenge facing the world today. Like climate change it can only be addressed with a concerted g ...
Thursday, 21 June 12
DRY BULK MARKET ON THE RISE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was on the rise once again yesterday, with the Baltic Dry Index (BDI), the industry’s benchmark, rising by 18 points, or 1 ...
Wednesday, 20 June 12
BDI MOVING HIGHER, PANAMAX AND SUPRAMAX VESSELS STRONGER, CAPESIZE RATES NEAR TO HISTORICAL LOWS OF DECEMBER 2008 - MARIA BERTZELETOU, HELLENIC SHIPPING
The dry market seems to follow the dynamic of the previous week with the Baltic Dry Index showing daily increases since June 8th, but is still stand ...
Tuesday, 19 June 12
SMALLER DRY BULK CARRIERS LIFT UP MARKET, PANAMAXES SET TO FALL SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Another rise for the dry bulk market was evident yesterday, as the industry’s benchmark, the BDI (Baltic Dry Index) was up for a ninth straigh ...
Sunday, 17 June 12
S7 & S8 ROUTES ARE LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI gained some increase after continues fall for several weeks.
The BDI increased by 47 points (up by 5.36 pct) closing at 92 ...
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- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Indogreen Group - Indonesia
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
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