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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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Monday, 24 August 15
IS CHINA'S STEEL EXPORTS ENOUGH TO SUPPORT THE FREIGHT MARKET? - BIMCO
No, it’s not enough, you will need lower Chinese iron ore production too in order to keep growing imports of iron ore into China that will su ...
Sunday, 23 August 15
SHIPPING FREIGHT RATES FALL SHARPLY ON EXCESS SUPPLY AND LOW DEMAND
COALspot.com: The BDI continued to soften and was down 5.78 pct and falls back below 1000 points this week.
The cape Index lost 17.25 per cent ...
Friday, 21 August 15
U.S. YEAR-TO-DATE COAL PRODUCTION VOLUME FALLS 8.7% Y-O-Y
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.3 million shor ...
Friday, 21 August 15
GLOBALCOAL TO LAUNCH ONLINE TRADING OF PHYSICAL MET COAL ON 13 OCTOBER
On 13 October 2015, globalCOAL will launch an online platform for the physical procurement and trade of high quality hard coking coal delivered FOB ...
Thursday, 20 August 15
COAL PRICES FALL TO 12-YEAR LOWS AS CHINA, INDIA JOIN DEMAND SLOWDOWN - REUTERS
Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China which until rec ...
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- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- PTC India Limited - India
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Planning Commission, India
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
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