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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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Friday, 28 August 15
DRY BULK SHIP OWNER OPTIMISTIC ABOUT FUTURE PROSPECTS OF THE MARKET: NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Dry bulk ship owner Golden Ocean appeared optimistic on the long term prospects of the dry bulk market, mainly thanks to an expected resolution of ...
Friday, 28 August 15
COAL PRODUCTION IN THE U.S. FOR THE WEEK ENDING AUGUST 22 ROSE FOR THE THIRD STRAIGHT WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.5 million shor ...
Friday, 28 August 15
BANPU STRENGTHENS GROWTH PLAN
Coal Business: Asia-Pacific Synergies Increase Competitiveness for Premium Export Market.
Banpu Public Company Limited (BANPU) strengthens its ...
Thursday, 27 August 15
RATES FOR CAPES REMAINED ON A FREE FALL LAST WEEK - INTERMODAL
COALspot.com: Keeping everyone on their toes with the volatility seen in August, the Dry Bulk market undoubtedly remains a steady provider of chall ...
Wednesday, 26 August 15
MARKET INSIGHT - STRATOS TINIAKOS
It’s always interesting to comment on the market when big economies around the world are facing troubling times. Following the collapse of th ...
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- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- White Energy Company Limited
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Planning Commission, India
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- The University of Queensland
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Parliament of New Zealand
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Energy Development Corp, Philippines
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