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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, 05 August 15
SHIPPING MARKET INSIGHT - KATERINA RESTIS
On July 14th, 2015 a historical consensus was reached in Vienna between Iran and the five permanent members of the U.N. Security Council, plus Germ ...
Wednesday, 05 August 15
FOB INDONESIA THERMAL COAL SWAPS FALL
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week, this past week.
The 4Q swap was declined $ ...
Wednesday, 05 August 15
DRY BULKER PRICES START TO FIRM UP AS MARKET SENTIMENT IMPROVES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Market pessimism in the dry bulk industry, a trend which had established itself over the course of the year, has started to fade away over the past ...
Tuesday, 04 August 15
FOB RICHARDS BAY COAL SWAPS CONTINUE TO FALL DUE TO SLIDING DEMAND
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week.
The 4Q swap was down US$ ...
Tuesday, 04 August 15
SHIPPING CYCLES - A CHESS GAME YOU DON'T WANT TO LOSE - CLARKSONS
Ingmar Bergman’s classic movie The Seventh Seal is about a knight who, during the Black Death, challenges Death to a chess match, in the hope ...
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- Intertek Mineral Services - Indonesia
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- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
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- GMR Energy Limited - India
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- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
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- Indonesian Coal Mining Association
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- Lanco Infratech Ltd - India
- Planning Commission, India
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- Chamber of Mines of South Africa
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- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
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- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
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- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
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- Bangladesh Power Developement Board
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- Attock Cement Pakistan Limited
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- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
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- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
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- IEA Clean Coal Centre - UK
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- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- The State Trading Corporation of India Ltd
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- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
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- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
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- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
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- Salva Resources Pvt Ltd - India
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- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
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- Semirara Mining and Power Corporation, Philippines
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- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
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- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
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- Agrawal Coal Company - India
- Interocean Group of Companies - India
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- Electricity Authority, New Zealand
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- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
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- PTC India Limited - India
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- Eastern Energy - Thailand
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- Kaltim Prima Coal - Indonesia
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- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
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- Pipit Mutiara Jaya. PT, Indonesia
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- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Sojitz Corporation - Japan
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