COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 06 August 15
HARD COAL AND COKE IMPORTS TO GERMANY REACH NEW ALL-TIME HIGH OF 56.2M TONES IN 2014
German Coal Importer Association LogoDemand for German and imported hard coal In 2014, in 2014 fell by almost 8%, or 4.8m TCE, to 56.2m TCE.

According to German Coal Importer Association, this was caused mainly by the overall decline of 3% in power generation and the overall downward trend of 4.7% in primary energy demand, which accordingly also had an impact on hard coal. Another factor was the growing proportions accounted for by renewable energies. As in the previous year, demand for hard coal was satisfied by imports in the amount of some 86% and by domestic coal in the amount of 14%. Total imports of hard coal and coke reached a new all-time high of 56.2m tonnes in 2014, an increase of 3.4m tonnes, or 6%, in comparison with 2013.


 


According to press note, the focal point of hard coal sales comprises power plants, which dominate demand with 69% (previous year: 71%) and the iron and steel industry with 28% (previous year: 26%). The heating market plays only a subordinate role with 3%. As regards steam coal, Russia, the USA and Colombia largely satisfied the import needs, while coking coal demand was covered by Australia with a 45% market share, the USA with 29% and Canada with 13% as the main supplier countries.

Clear downward trends are discernible in power generation from hard coal-fired power plants in 2014. The hard coal-fired power plants delivered 109 TWh, some 10% less power than in the previous year. This left hard coal with a share of just under 18% in the energy mix for 2014. But the other conventional types of power generation , too, had negative year-on-year results: lignite -3.2%, nuclear energy -0.2%, natural gas -13.7% and oil - 6.6%.

The balance in the power exchange (the total of exports less imports) came to around 36 TWh in 2014. This corresponds to an increase of 5% in comparison with 2013. The price advantage of coal compared with gas (the difference between the so-called "clean dark spread" less the "clean spark spread") fluctuated between 6 and 37 €/MWh last year. This favourable result for hard coal should not, however, blind one to the reality that almost all gas-fired and very many coal-fired power plants are now making losses and that power revenues are often insufficient to cover the fuel costs.

The VDKi takes a differentiated view of the statement in the white paper. The following should continue to be designated as the basis for market's further development into the energy market 2.0:

- security of supply
- cost efficiency
- innovation and sustainability.

These criteria have been satisfied by power generation from hard coal in the past and the present and will continue to be satisfied in the future. This makes the discrimination against hard coal, which could not have been made more obvious than in the new CHP regulations, impossible to comprehend. In addition to the fact that the expansion target of 25% is being subverted by a radical change in the basis, it is intended that only gas-fired CHP plants should be subsidised in the future. This is discriminatory and a deliberate damnification of highly efficient CHP from existing coal-fired power plants that contribute substantially to the reduction in CO2 emissions and fulfil the key requirements of the power market, said VDKi.

"We need a general framework that opens up a sustainable commercial perspective for hard coal for as long as hard coal continues to be allocated a central role for the safeguarding of renewable power generation, and therefore the success of the energy turnaround, for many years to come," said Dr Wolfgang Cieslik, VDKi CEO.

Despite the increase of 21% in steam coal imports in Q1 2015, the VDKi estimates that only 38m tonnes of steam coal and 53m tonnes of hard coal and coke in total, i.e. 5% less, will be imported during the whole of 2015.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 07 August 15
COAL PRICE DEVELOPMENTS CAN ONLY BE DESCRIBED, SUCCINCTLY AS "OVERSUPPLY MEETS SUBDUED DEMAND" - VDKI
Coal Outlook 2015 – International Regarding the outlook for global coal trading, two questions arise: firstly, “ whether the years of ...


Friday, 07 August 15
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 528.1 MMST; DOWN 8.7% Y/Y - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.7 million shor ...


Thursday, 06 August 15
THE RATES FOR CAPES SHOOT UP LAST WEEK; GIVING THIS RECENT RALLY SOME MUCH NEEDED LEGS - INTERMODAL
COALspot.com: The Dry Bulk market noted another positive closing last week, entirely supported by Capesize performance, which managed to balance th ...


Thursday, 06 August 15
SEABORNE WORLD TRADE IN STEAM COAL GROWS BY 3% YOY - GERMAN COAL IMPORTER ASSOCIATION
Global trade with hard coal, at 1,272m tones in 2014, increased by 35m tonnes or 3% in comparison with the previous year. According to associa ...


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 ...


   575 576 577 578 579   
Showing 2881 to 2885 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Indian Oil Corporation Limited
  • IBC Asia (S) Pte Ltd
  • IEA Clean Coal Centre - UK
  • Malco - India
  • Inspectorate - India
  • Platou - Singapore
  • San Jose City I Power Corp, Philippines
  • U S Energy Resources
  • CIMB Investment Bank - Malaysia
  • Renaissance Capital - South Africa
  • ETA - Dubai
  • Credit Suisse - India
  • SUEK AG - Indonesia
  • Essar Steel Hazira Ltd - India
  • Asia Cement - Taiwan
  • Billiton Holdings Pty Ltd - Australia
  • bp singapore
  • Maruti Cements - India
  • GAC Shipping (India) Pvt Ltd
  • Australian Coal Association
  • GHCL Limited - India
  • Sical Logistics Limited - India
  • Rudhra Energy - India
  • OPG Power Generation Pvt Ltd - India
  • Economic Council, Georgia
  • Goldman Sachs - Singapore
  • Petron Corporation, Philippines
  • Planning Commission, India
  • Baramulti Group, Indonesia
  • Ministry of Transport, Egypt
  • Bahari Cakrawala Sebuku - Indonesia
  • Jindal Steel & Power Ltd - India
  • Global Green Power PLC Corporation, Philippines
  • Bukit Baiduri Energy - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Meralco Power Generation, Philippines
  • Wilmar Investment Holdings
  • Edison Trading Spa - Italy
  • Singapore Mercantile Exchange
  • Reliance Power - India
  • Central Electricity Authority - India
  • Kepco SPC Power Corporation, Philippines
  • Bhushan Steel Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • EIA - United States
  • World Coal - UK
  • TGV SRAAC LIMITED, India
  • Shree Cement - India
  • CCIC - Indonesia
  • Lafarge - France
  • Electricity Generating Authority of Thailand
  • Madhucon Powers Ltd - India
  • Simpson Spence & Young - Indonesia
  • Britmindo - Indonesia
  • NTPC Limited - India
  • Heidelberg Cement - Germany
  • Oldendorff Carriers - Singapore
  • Cardiff University - UK
  • Lanco Infratech Ltd - India
  • Gujarat Electricity Regulatory Commission - India
  • Attock Cement Pakistan Limited
  • Uttam Galva Steels Limited - India
  • Meenaskhi Energy Private Limited - India
  • Idemitsu - Japan
  • The University of Queensland
  • Globalindo Alam Lestari - Indonesia
  • PTC India Limited - India
  • Indogreen Group - Indonesia
  • Petrosea - Indonesia
  • Altura Mining Limited, Indonesia
  • Salva Resources Pvt Ltd - India
  • Parry Sugars Refinery, India
  • ICICI Bank Limited - India
  • Indian Energy Exchange, India
  • Argus Media - Singapore
  • Ministry of Mines - Canada
  • Deloitte Consulting - India
  • Standard Chartered Bank - UAE
  • Borneo Indobara - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • IHS Mccloskey Coal Group - USA
  • Minerals Council of Australia
  • APGENCO India
  • Gupta Coal India Ltd
  • Indonesia Power. PT
  • Intertek Mineral Services - Indonesia
  • Runge Indonesia
  • GNFC Limited - India
  • Mercator Lines Limited - India
  • Toyota Tsusho Corporation, Japan
  • Global Coal Blending Company Limited - Australia
  • Thermax Limited - India
  • Adaro Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • DBS Bank - Singapore
  • Noble Europe Ltd - UK
  • JPMorgan - India
  • Marubeni Corporation - India
  • AsiaOL BioFuels Corp., Philippines
  • VISA Power Limited - India
  • KEPCO - South Korea
  • Panama Canal Authority
  • The State Trading Corporation of India Ltd
  • Electricity Authority, New Zealand
  • Asmin Koalindo Tuhup - Indonesia
  • Deutsche Bank - India
  • Samsung - South Korea
  • McKinsey & Co - India
  • Coal India Limited
  • SGS (Thailand) Limited
  • Fearnleys - India
  • Maersk Broker
  • Kapuas Tunggal Persada - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Africa Commodities Group - South Africa
  • Global Business Power Corporation, Philippines
  • GB Group - China
  • GN Power Mariveles Coal Plant, Philippines
  • Jatenergy - Australia
  • ASAPP Information Group - India
  • Bukit Makmur.PT - Indonesia
  • Coastal Gujarat Power Limited - India
  • Thiess Contractors Indonesia
  • IMC Shipping - Singapore
  • Xindia Steels Limited - India
  • Asian Development Bank
  • Anglo American - United Kingdom
  • globalCOAL - UK
  • Malabar Cements Ltd - India
  • Commonwealth Bank - Australia
  • Ministry of Finance - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Bangkok Bank PCL
  • Dalmia Cement Bharat India
  • Geoservices-GeoAssay Lab
  • Larsen & Toubro Limited - India
  • WorleyParsons
  • Antam Resourcindo - Indonesia
  • Jaiprakash Power Ventures ltd
  • Metalloyd Limited - United Kingdom
  • Chettinad Cement Corporation Ltd - India
  • Mitsui
  • Bharathi Cement Corporation - India
  • Xstrata Coal
  • Cebu Energy, Philippines
  • Tata Chemicals Ltd - India
  • UBS Singapore
  • New Zealand Coal & Carbon
  • Platts
  • Merrill Lynch Commodities Europe
  • PLN Batubara - Indonesia
  • London Commodity Brokers - England
  • Vijayanagar Sugar Pvt Ltd - India
  • Tata Power - India
  • ANZ Bank - Australia
  • World Bank
  • ACC Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • PetroVietnam
  • Berau Coal - Indonesia
  • Vale Mozambique
  • Central Java Power - Indonesia
  • CoalTek, United States
  • Kohat Cement Company Ltd. - Pakistan
  • Aboitiz Power Corporation - Philippines
  • KOWEPO - South Korea
  • Arutmin Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Grasim Industreis Ltd - India
  • Alfred C Toepfer International GmbH - Germany
  • JPower - Japan
  • Chamber of Mines of South Africa
  • NALCO India
  • Orica Mining Services - Indonesia
  • KPMG - USA
  • Enel Italy
  • Cargill India Pvt Ltd
  • Tanito Harum - Indonesia
  • Therma Luzon, Inc, Philippines
  • The Treasury - Australian Government
  • Medco Energi Mining Internasional
  • The India Cements Ltd
  • BNP Paribas - Singapore
  • Krishnapatnam Port Company Ltd. - India
  • Infraline Energy - India
  • Port Waratah Coal Services - Australia
  • Tamil Nadu electricity Board
  • Iligan Light & Power Inc, Philippines
  • Total Coal South Africa
  • European Bulk Services B.V. - Netherlands
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • CNBM International Corporation - China
  • South Luzon Thermal Energy Corporation
  • Neyveli Lignite Corporation Ltd, - India
  • Coaltrans Conferences
  • Cosco
  • Ince & co LLP
  • Mitsubishi Corporation
  • Eastern Energy - Thailand
  • Kalimantan Lumbung Energi - Indonesia
  • Peabody Energy - USA
  • CESC Limited - India
  • PNOC Exploration Corporation - Philippines
  • Formosa Plastics Group - Taiwan
  • LBH Netherlands Bv - Netherlands
  • Mechel - Russia
  • Bulk Trading Sa - Switzerland
  • White Energy Company Limited
  • Semirara Mining and Power Corporation, Philippines
  • Mjunction Services Limited - India
  • Humpuss - Indonesia
  • Coal and Oil Company - UAE
  • Pipit Mutiara Jaya. PT, Indonesia
  • Cemex - Philippines
  • Kaltim Prima Coal - Indonesia
  • Japan Coal Energy Center
  • Pendopo Energi Batubara - Indonesia
  • Vizag Seaport Private Limited - India
  • TANGEDCO India
  • Thailand Anthracite
  • Bukit Asam (Persero) Tbk - Indonesia
  • Permata Bank - Indonesia
  • Siam City Cement PLC, Thailand
  • Banpu Public Company Limited - Thailand
  • Kumho Petrochemical, South Korea
  • Bayan Resources Tbk. - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Sarangani Energy Corporation, Philippines
  • Vedanta Resources Plc - India
  • Kobexindo Tractors - Indoneisa
  • Aditya Birla Group - India
  • MS Steel International - UAE
  • Videocon Industries ltd - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Indian School of Mines
  • Carbofer General Trading SA - India
  • Mitra SK Pvt Ltd - India
  • Maharashtra Electricity Regulatory Commission - India
  • HSBC - Hong Kong
  • Inco-Indonesia
  • Rio Tinto Coal - Australia
  • J M Baxi & Co - India
  • Miang Besar Coal Terminal - Indonesia
  • Arch Coal - USA
  • SMG Consultants - Indonesia
  • Merrill Lynch Bank
  • Glencore India Pvt. Ltd
  • BRS Brokers - Singapore
  • Bank of America
  • Makarim & Taira - Indonesia
  • Siam City Cement - Thailand
  • Interocean Group of Companies - India
  • Indika Energy - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Ceylon Electricity Board - Sri Lanka
  • Cement Manufacturers Association - India
  • Coal Orbis AG
  • Ind-Barath Power Infra Limited - India
  • Bhoruka Overseas - Indonesia
  • Star Paper Mills Limited - India
  • Coeclerici Indonesia
  • Clarksons - UK
  • Indonesian Coal Mining Association
  • Trasteel International SA, Italy
  • TeaM Sual Corporation - Philippines
  • Semirara Mining Corp, Philippines
  • Thomson Reuters GRC
  • Orica Australia Pty. Ltd.
  • Riau Bara Harum - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Barclays Capital - USA
  • Binh Thuan Hamico - Vietnam
  • India Bulls Power Limited - India
  • Gresik Semen - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Sree Jayajothi Cements Limited - India
  • MEC Coal - Indonesia
  • Vitol - Bahrain
  • Shenhua Group - China
  • GMR Energy Limited - India
  • McConnell Dowell - Australia
  • PLN - Indonesia
  • Posco Energy - South Korea
  • Sinarmas Energy and Mining - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Agrawal Coal Company - India
  • Straits Asia Resources Limited - Singapore
  • Gujarat Sidhee Cement - India
  • Bhatia International Limited - India
  • Surastha Cement
  • Bank of China, Malaysia
  • Manunggal Multi Energi - Indonesia
  • Pinang Coal Indonesia
  • SRK Consulting
  • International Coal Ventures Pvt Ltd - India
  • Sakthi Sugars Limited - India
  • Wood Mackenzie - Singapore
  • Directorate General of MIneral and Coal - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • SASOL - South Africa
  • ING Bank NV - Singapore
  • Qatrana Cement - Jordan
  • Sojitz Corporation - Japan
  • PowerSource Philippines DevCo
  • Rashtriya Ispat Nigam Limited - India
  • Mercuria Energy - Indonesia
  • Energy Development Corp, Philippines
  • Karaikal Port Pvt Ltd - India
  • Kobe Steel Ltd - Japan
  • UOB Asia (HK) Ltd
  • Mintek Dendrill Indonesia
  • Energy Link Ltd, New Zealand
  • Thai Mozambique Logistica
  • PetroVietnam Power Coal Import and Supply Company
  • Ernst & Young Pvt. Ltd.
  • Maybank - Singapore
  • Coalindo Energy - Indonesia
  • EMO - The Netherlands
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Power Finance Corporation Ltd., India
  • Sucofindo - Indonesia
  • Thriveni
  • IOL Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Georgia Ports Authority, United States
  • Latin American Coal - Colombia
  • Savvy Resources Ltd - HongKong
  • Barasentosa Lestari - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Eastern Coal Council - USA
  • Australian Commodity Traders Exchange
  • Core Mineral Indonesia
  • OCBC - Singapore
  • Adani Power Ltd - India
  • RBS Sempra - UK
  • GVK Power & Infra Limited - India
  • Russian Coal LLC
  • Indorama - Singapore
  • Freeport Indonesia
  • Price Waterhouse Coopers - Russia
  • TRAFIGURA, South Korea
  • Samtan Co., Ltd - South Korea
  • Romanian Commodities Exchange
  • Ambuja Cements Ltd - India
  • Indo Tambangraya Megah - Indonesia
  • Sindya Power Generating Company Private Ltd
  • TNPL - India
  • Independent Power Producers Association of India
  • Moodys - Singapore
  • Parliament of New Zealand
  • Timah Investasi Mineral - Indoneisa
  • KPCL - India
  • Bangladesh Power Developement Board
  • SMC Global Power, Philippines