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Thursday, 14 August 14
U.S. STEAM COAL IMPORTS REMAIN DOWN SHARPLY FROM HISTORIC HIGH IN 2007, SAYS EIA
 COALspot.com: U.S. steam coal imports at power plants have fallen significantly from their peak level of more than 30 million tons in 2007 to less than 7 million in 2013, says EIA.
According to EIA, the number of plants consuming imported coal similarly fell from a peak of 48 in 2006 to 13 in 2013. Preliminary data for the first five months of 2014 indicate an increase in both imports and the number of plants taking imports, but both are still well below 2007 levels.
U.S. Energy Information Administration, further said, coal imports, mainly from Colombia but also from countries including Venezuela, Indonesia, and Canada, remain a small component of overall U.S. coal consumption—only 3% during the peak year of 2007 and less than 1% in 2013.
Although the United States has abundant supplies of domestic coal, some power plants along the East Coast and the Gulf Coast receive imported coal. Imported coal accounted for between 25% and 50% of total annual coal receipts for the top coal-importing plants from 2002 to 2013.
EIA further reported that, plants in these areas are subject to relatively higher cost of eastern rail transport and in some cases are limited to delivery by waterway. The domestic coal these plants use is also relatively expensive, because nearby Appalachian coals are priced above the national average. These factors increased the cost of domestic coal high enough to make imported coal economically attractive.
Furthermore, some imported coal may have lower sulfur content, making it easier for plants to consume coal without exceeding environmental regulations. Technology improvements have partially removed this advantage, as recent installations of flue gas desulfurization equipment at a number of coal-importing plants have provided these generators with additional flexibility to purchase higher-sulfur coal from domestic suppliers, said EIA.
Coal use at electricity generating plants has been declining in general, as low electricity demand growth and increased competition with natural gas has lessened the demand for coal. The recent decline in coal imports by electric generators in particular is attributable to retirements of coal-fired power plants, decreased utilization of coal-fired power plants, and higher international coal prices compared with domestic prices.
Before 2011, total net summer generating capacity for coal-importing plants was 18,977 megawatts (MW). However, 9% of this capacity was retired between 2011 and 2013, and another 21% of this capacity is planned to retire by 2020. Recent and planned retirements will result in the complete retirement of coal-fired generating capacity at 11 plants and the partial retirement of coal-fired capacity at one additional plant (the Barry plant in Alabama).
The remaining coal-fired electric generators have been used less often in recent years: the average utilization rate of the entire coal fleet declined from 74% in 2006 to 59% in 2013. At plants that consumed imported coal, this drop was larger, falling from a peak of 74% in 2007 to 37% in 2013.
Principal contributor of EIA: Mike Mellish
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Wednesday, 13 August 14
WEEKLY MARKET INSIGHT - KONSTANTINOS KONTOMICHIS SNP BROKER
Being at the peak of the holiday season, August is, as usual, the quietest month in terms of snp transactions, yet it is also a time very critical ...
Wednesday, 13 August 14
WHAT DOES PROJECT CARGO REALLY MEAN TO INSURERS?
KNOWLEDGE TO ELEVATE
Richard Kamppari-Baker, claims manager of FP Marine Risks, explains the challenges of project cargo risk assessment from ...
Wednesday, 13 August 14
INDONESIAN COAL PRICE REFERENCE FALL AGAIN CLOSE TO 57 MONTHS LOWS
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down the coal bench mark price in August. HBA for the month of A ...
Monday, 11 August 14
LARGEST CHINESE TRADE SURPLUS EVER RECORDED IN JULY - BIMCO
China recorded a trade surplus of USD 47.3 billion in July 2014. The record high surplus came on the back of very strong export growth while import ...
Monday, 11 August 14
INDONESIAN THERMAL COAL SWAPS SEEING SOME POSITIVE TREND
COALspot.com: Indonesian coal swaps for average September 2014 increased US$ 0.20 (+0.36%) day on day and US$ 1.30 (+2.41%) per mt week on week. Th ...
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- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Australian Coal Association
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
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