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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, 04 June 12
MITRABAHTERA SUBSIDIARY SECURES CONTRACT FROM BERAU COAL - INSIDER STORIES
Insider Stories reported that, PT Mitra Alam Segara Sejati, a subsidiary that is 60% owned by PT Mitrabahtera Segara Sejati Tbk (MBSS), has secur ...
Sunday, 03 June 12
TTI ESTABLISHES COAL TRADING & MARKETING OFFICE
COALspot.com - TTI has officially established its coal trading, marketing-office in Jakarta, Indonesia. PT. Gunung Tinggi Coal is the TTI’s fi ...
Sunday, 03 June 12
FREIGHT MARKET CONTINUING ITS DECLINE
COALspot.com - The BDI continued to fall for the fifth straight week and the BDI fell by 2.57 pct this week closing at 904 points.
The Cape Size ...
Friday, 01 June 12
TNPL HAS SECURED 300K MT OF 6000 GAD COAL AT US$ 81 CNF TUTICORIN
COALspot.com - An India based coal trader Adani has offered the lowest price of US$ 81.00 per metric ton for calorific value of 6000 GAD and 15 perc ...
Friday, 01 June 12
COKAL ACCEPTED ON THE CLEAN AND CLEAR LIST FOR ITS BORNEO BARA PRIMA AND BUMI BARITO MINERAL PROJECTS
- Borneo Bara Prima (BBP) Project confirmed on the Clean and Clear List 9th May 2012
- Bumi Barito Mineral (BBM) Project confirmed on the Clean and ...
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- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- PTC India Limited - India
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Planning Commission, India
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
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