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Monday, 25 August 14
COAL CEOS: DEMISE OF COAL 'EXAGGERATED' - MARK WILCOX
 By Mark Wilcox
Heads of some of the largest coal companies in Wyoming are saying the demise of coal has been exaggerated, though the industry definitely has some hills to climb.
At the Rocky Mountain Energy and Infrastructure Summit yesterday in Jackson, Gov. Matt Mead sat on a panel with bigwigs from some of the largest coal companies in the nation: Arch Coal, Cloud Peak Energy, Peabody Energy and Alpha Coal West to talk about the fate of the oft-controversial fossil fuel. In the next three years, about 60 gigawatts of coal-fired power plants are shutting down in the U.S., or about 20 percent of domestic capacity, according to John Eaves, CEO of Arch Coal.
“We do have some headwinds,” Eaves said. One of those headwinds is cheap and abundant natural gas, which also releases 50 percent less greenhouse gas emissions than coal according to American Gas Association Chairman Gregg Kantor. Eaves said coal has lost a lot of market share to natural gas as utilities switch to the abundant, cleaner fuel, but that hasn’t created hard feelings.
“We’re not against gas,” Eaves said. “We’re for all fuels, but we need a balanced portfolio.”
Still, Powder River Basin coal is more insular, and Eaves said natural gas prices would have to drop below $3 per mmbtu to really impact the PRB coal market. And that’s something he said he doesn’t foresee happening for a sustained period despite dramatic price drops below $2 in 2012 that forced budget cuts in state government.
Many lawmakers in the U.S. Environmental Protection Agency are proposing rules that continue to target coal, leading many to say the current administration is fighting a “war on coal.” Eaves said about 20 states, including Wyoming, are pushing back against the proposed rules.
“There is going to be a lot of litigation with these proposed rules,” Eaves said.
Gov. Matt Mead said that from a policy position, the rules are a horrible way to tackle the problem that ignores technological strides forward coal has made in terms of emissions and tries to artificially cull coal from the market.
“We didn’t change from the candle to the light bulb because someone said we're going to put a lot of regulations on candles,” Mead said.
He said government, instead of regulating coal out of the markets, should look to improve its use with innovations that turn the slipstream of coal from a liability to an asset. In the end, Mead said he thinks “good sense will prevail” when it comes to coal, and that the resource isn’t dead as many have proclaimed it.
Mead said in a brief interview that he had met with U.S. Secretary of Energy Ernest Moniz early Thursday morning to encourage more participation in coal solutions that don’t require regulating coal with strangleholds. According to Mead, the meeting went well.
This article was originally published in Wyoming Business Report
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Tuesday, 22 July 14
ASIAN SUB-BITUMINOUS COAL USERS' GROUP CONFERENCE
Press Release: Registration Open for Fourth Annual Asian Sub-Bituminous Coal Users’ Group Conference
Register today for this year&r ...
Monday, 21 July 14
25% OF INDIA'S POWER PLANTS WERE HAVING SUPER CRITICAL COAL STOCK - COAL AND POWER MINISTER
25% of India’s power plants were having super critical coal stock; power utilities have also been advised to enhance the import of coal - Coa ...
Monday, 21 July 14
INDONESIA'S STATE CONTROLLED COAL MINER BUKIT ASAM ENJOYED HIGHER SELLING PRICE DURING THIS STORMY MARKET
COALspot.com: PT Bukit Asam, the Indonesian government controlled coal miner announced today that, the company has produced 7.70 million tons of co ...
Monday, 21 July 14
CFR SOUTH CHINA COAL Q3 DELIVERY SWAPS LOST 16% SINCE JANUARY 17, 2014
COALspot.com: Coal price falling is continues as the impact oversupply and lower demand. Market is not showing any positive trend in near future.
...
Sunday, 20 July 14
THE FREIGHT MARKET CONTINUED ITS DOWNWARD TREND
COALspot.com: The market continued its downward trend this week as all segments were down compared to last week. The Cape and Panamax indices being ...
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- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- CNBM International Corporation - China
- Australian Coal Association
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
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