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, 28 January 16
WHAT ARE THE PROSPECTS FOR COAL IN LIGHT OF THE PARIS CLIMATE AGREEMENT? - GERMAN COAL IMPORTERS ASSOCIATION
German Coal Importers AssociationThis depends – says the VDKi – to a very great extent on who you want to believe more, the United Nations or the International Energy Agency – or, in other words, a politically motivated result or a forecast that has at least not completely lost touch with reality.

The International Energy Agency (IEA) has issued a forecast covering the period up to 2040 in its World Energy Outlook (WEO) 2015; it is based on the scenario of the new policies regarding the reduction of greenhouse gases. The so-called New Policies Scenario includes all of the reduction measures that have been adopted politically, but not yet implemented. According to the forecast, renewable energies will in 2040 have a total share of one-third of power generation and will have overtaken fossil energy sources, and the share of coal in power generation worldwide will have declined from 41% today to 30% in 2040.

VDKi  further noted that, at the same time, however, power demand will have grown by 40% by that time, and even in a quarter of a century, 67% of the world’s power will be generated by the use of coal, gas, oil and nuclear – a figure that the national as well as international climate politicians would have been well advised to take into account before the negotiations in Paris. Instead, an estimate was presented in Paris showing that in 2040 coal will contribute only 2% and natural gas only 7% to worldwide primary energy demand and not only to power generation, contrasting with 57% from renewable energies.

According to VDKi, the IEA estimates, on the other hand, show that renewable energies will cover only 5% of global primary energy demand. These scenarios are diametrically opposed. If the IEA forecast is taken as the basis, the only conclusion is that the fundamental assumption (more precisely, the faith) embodied in the Paris Climate Agreement that the world could change over completely from fossil to renewable energies and in this way achieve significant reductions in greenhouse gas emissions is not realistic.

Europe and Germany
According to German Coal Importers Association, the European Union saw primarily a decline in coal imports in comparison with 2014. Imports to the United Kingdom fell especially strongly (-37%). Italy and Germany will presumably have imported as much hard coal by the end of last year as in the previous year. Spain increased its imports by 2 million tonnes to 18 million tonnes. The rise in power generation from renewable energy sources and the lack of overall sustainable economic growth in the EU will presumably limit the import of steam coal into the EU in 2016 as well.

One positive aspect in the view of the VDKi is the continuing advantage of the clean dark spread (costs for coal, freight and CO2 certificates) over the clean spark spread (costs for gas, transport and CO2 certificates) in 2015 despite substantial pressure on volumes and prices of gas. This factor has favoured coal-fired power generation in the “race to cover the load” remaining after the priority feed-in of renewable energies and has pushed gas-fired power generation in Europe even further aside. Power was frequently exported to countries that depend heavily on natural gas for power generation such as the United Kingdom or the Netherlands. In addition, electricity was exported to countries that lacked availability of adequate power plant capacities to the network because of the dry summer in 2015, e.g. France or Austria.

While the use of hard coal in Germany in 2015 fell in total by only 0.7% to 57.7 million TCE, use of coal in the steel industry remained unchanged at 17.8 million tonnes. The use of hard coal for power generation fell moderately by 0.8% to 38.0 million TCE and for heat generation minimally by 0.1 million TCE. Overall, about two-thirds of the total consumption of hard coal in Germany are attributed to power generation.

Hard coal imports to Germany last year were noteworthy in view of the general situation of climate policies. According to preliminary calculations of the VDKi, imports declined by a mere 4% to about 54 million tonnes.

Eighty-nine percent of the total sales of hard coal in Germany of 57.7 million TCE (preliminary) in 2015 were covered by imports, 11% by domestic hard coal, said VDKi.


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

Recent News

Wednesday, 17 February 16
TAP ON OPPORTUNITIES IN GROWING ELECTRICITY DEMAND AND NEW COAL POWER PROJECT DEVELOPMENTS IN THE PHILIPPINES - IBC
Tap on Opportunities in Growing Electricity Demand and New Coal Power Project Developments in the Philippines Coal Power Generation 2016 19- ...


Wednesday, 17 February 16
THE OWNERS FACING HISTORICAL LOW DRY BULK RATES; COAL IMPORTS TO CHINA IS STILL POINTING TO A STRONG TREND OF DECLINING CONSUMPTION
The sharp fall in dry bulk rates that has been taking place since the end of last year and has left owners facing historical low rates for a substa ...


Monday, 15 February 16
CALL THE DOCTOR! SHIPPING'S MEDICAL DRAMA UNFOLDS......- CLARKSONS
The recycling market has started 2016 with a bang, with a huge volume of tonnage heading to demolition facilities. Many of the key shipping markets ...


Monday, 15 February 16
CS 42 COAL INDEX ROSE 0.07% WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.15 percent week over week to averaging $38.96 per ton on this past Friday, ...


Monday, 15 February 16
BALTIC INDEX MARGINALLY ROSE BY A POINT D-D; CAPESIZE INDEX DOWN 13 POINTS W-W; PANAMAX INDEX UP 29 POINTS W-W
COALspot.com: The freight markets continued to fall this past week. The BDI, The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measu ...


   511 512 513 514 515   
Showing 2561 to 2565 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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