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Wednesday, 05 August 15
COAL CONSUMPTION POSTED THE STRONGEST GROWTH AMONG THE FOSSIL ENERGY SOURCES IN 2014 - VDKI
 Coal 2014: again the world's fastest-growing primary energy source and an indispensable asset for the success of the energy turnaround.
According to the German Coal Importer Association, In 2014, coal was again the fastest-growing fossil primary energy source in the world. According to the BP Statistical Review 2014, it satisfied around 30% of the world's demand for primary energy, which totaled 18.2bn TCE.
Global hard coal consumption rises by 2.1%
According to initial estimates by BP in its Statistical Review 2014, global energy consumption increased by 2.1% in 2013 to 18.2bn TCE, compared to 17.8bn TCE in 2012, the German Coal Importer Association said in its latest press release. The association further said that, the backdrop to this development is provided by stronger economic growth in India, Europe, the USA and a number of emerging countries, which were able to more than compensate for the rather lower growth rate in China. PEC in the EU-27/28 for 2013 (the most recent available data), on the other hand, showed a slight decline of 0.3%.
The Verein der Kohlenimporteure e.V.(VDKi) further noted that, in global terms, coal consumption again posted the strongest growth among the fossil energy sources. Its growth rate in comparison with 2013 was 2.1%, compared with increases of 1.2% for both oil and gas consumption. In the USA, the proportion of coal-fired power generation increased from 37% to 39%. In China, however, the proportion of coal-fired power generation decreased for the first time by 0.3%. With average rates of increase amounting to 2-3% per year over the past five years, coal remains the Number 1 source of primary energy in the 21st century and has been the second-most important source of primary energy in the world since 2012, surpassed only by oil.
Estimates by the European Commission indicate that total primary energy consumption in Europe in 2013 declined by 0.6%, or 25m TCE, to around 2.4bn TCE.
According to initial estimates by Eurostat, the primary energy source mix for power generation in the EU-28 has shifted slightly in favour of renewable energies. Of the 3,100 TWh generated in 2014, which was almost 3% below the previous year's level, 24% (around 1% more) was accounted for by renewable energies, 28% by nuclear energy and some 48% (around 2% less) by conventional power generation with coal, gas and oil. In Europe, hard coal production declined as well – by 7m tonnes to 108m tonnes, while hard coal imports were down by 9m tonnes (- 4.4%) to 205m tonnes.
About the German Coal Importer Association
The Verein der Kohlenimporteure e.V.(VDKi) is the lobby organisation for the hard coal import market in Germany. Its German and other European members come from the power generation, industry, trading and logistics sectors. The Association currently has 73 members, who in their plants and facilities consume around 60 - 70% of Germany's hard coal demand – which for its part amounts to some 65m tonnes. This means that the VDKi represents a very sizeable majority of the hard coal market (German and imported hard coal) in Germany.
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Wednesday, 07 October 15
U.S. COAL EXPORTS FOR THE FIRST SEVEN MONTHS DOWN 21 PER CENT COMPARED WITH THE SAME PERIOD IN 2014 - EIA
Coal Supply
Lower U.S.’s domestic coal consumption and reduced exports contribute to a forecast decline of 89 million short tons (M ...
Wednesday, 07 October 15
SHIPPING MARKET INSIGHT - INTERMODAL
Sale and Purchase activity during the first three quarters of 2015 and more specifically during the summer season has been rather remarkable. 421 v ...
Wednesday, 07 October 15
INDONESIA COAL SWAPS HAVE CONTINUED TO DECLINE, FALLING ALMOST 7% M-M
COALspot.com: Indonesian coal swap for delivery Q4 2015 declined month on month and week over week.
The Q4 swap declined $ 2.23 (-5.51%) per t ...
Tuesday, 06 October 15
THE IMPACT OF LOW OIL PRICE ON THE SHIPPING INDUSTRY - LITERATED
The fall in global oil prices over the last one year has been beneficial to the shipping industry. The demand for oil tankers has picked up and the ...
Tuesday, 06 October 15
FOB RICHARDS BAY COAL SWAPS PLUNGE MORE THAN 6 PER CENT M-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 declined week over week and month over month.
The Q4 swap was down US$ ...
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- The University of Queensland
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- Global Coal Blending Company Limited - Australia
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- Indian Oil Corporation Limited
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- Australian Coal Association
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- Semirara Mining Corp, Philippines
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- CIMB Investment Bank - Malaysia
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- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
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- International Coal Ventures Pvt Ltd - India
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- Economic Council, Georgia
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- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
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- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
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- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
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- Electricity Authority, New Zealand
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- White Energy Company Limited
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- Makarim & Taira - Indonesia
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- Wilmar Investment Holdings
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- Chamber of Mines of South Africa
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- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
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- Ministry of Finance - Indonesia
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