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Monday, 16 January 17
WHY THE SOLUTION TO INDIA'S ENERGY CHALLENGE LIES IN COAL POWER PLANTS - BENJAMIN SPORTON
 India’s huge development and energy challenges mean there are economic and development arguments for investing in new coal power plants for the foreseeable future.
More than 240 million people in India have no electricity, and even for those who have, the quality is far below standards acceptable in developed countries. India’s residential electricity consumption lags behind the global average and is, according to the IEA, ten-times lower than that of OECD countries. For example, average residential consumption in Bihar state is around 50 kilowatt-hours (kWh) per capita per year, which equates to an average household use of a fan, a mobile phone charger and two compact fluorescent light bulbs for less than five hours per day.
Historically the most important source of energy has been coal which is abundant and affordable, making it ideal from a cost perspective, as a fuel to expand energy access in India. The industry is also a major employer with more than 1.5 million people working in the coal sector.
As India diversifies its means of power generation it is important to question whether it is genuinely possible to bring electricity to all households and feed industry too with intermittent renewable energy. Excluding coal from the energy mix is not a realistic option.
Indeed, renewables have an important role to play but coal remains the driving force behind electrification and industrialisation and according to the International Energy Agency (IEA), coal will continue to make the largest contribution to electricity generation in India through to 2040.
The Indian government has been clear that all sources of energy will be needed to power up the economy including coal. India’s ambitious renewable expansion will take place alongside (not in place of) growth in coal consumption. Coal per kilowatt is still far cheaper than renewables. However, this should not be a popularity contest between coal and renewables – both are needed for India's development.
India has contributed less than 3% of cumulative greenhouse gas emissions, and the reality is that in as much as the country wants to contribute to climate action policies, it also needs to bring electricity not only to those not currently served but also to the millions more who are underserved. In the words of Harjeet Singh of ActionAid, development of coal resources “is not an obsession for India, it’s a compulsion.”
The Indian government is transitioning to more efficient and cleaner technologies as it makes every effort to meet climate commitments as well as provide energy access and security for its population. To this end they have planned that all inefficient thermal power plants, older than 25 years, will be replaced with modern, efficient and cleaner technologies. This involves what is known as high efficiency, low emissions (HELE) technologies. Several power plants currently producing around 11,000 MW are scheduled to be replaced within five years. We welcome and encourage this as a clear and achievable goal.
The recent news headlines suggesting India would suspend construction of new coal plants for the next 20 years sit in stark contrast to a national electricity report advising that additional coal-based capacity will be needed to fulfil India’s future electricity requirements. The World Coal Association encourages a plan to incorporate cleaner coal burning technologies into India's energy mix in order to meet the country's huge development issues and ambitions.
That’s why projects such as Adani’s Carmichael mine development in Queensland remain essential, because they will supply high quality coal into India for use in modern HELE power plants. Indeed Adani’s management has been clear that they see the Carmichael project as part of an integrated approach across the company. Coal from Carmichael will be used to fuel Adani’s power plants in India.
CEO, World Coal Association
First published in City AM, 13 January 2017
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Monday, 21 November 16
CHINA IS ESTIMATED TO SEE HIGHEST IMPORTED COAL DEMAND LEVEL IN 2017, POLL SAYS
“Which country is estimated to see highest imported coal demand level in 2017?”
The on-line opinion poll conducted by COALsp ...
Monday, 21 November 16
KOMIPO IS LOOKING FOR 140K MT OF SUB-BITUMINOUS COAL FOR FEB-MAR 2017 LOADING
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 140,000 Metric Tons of Sub-Bituminous coal for i ...
Monday, 21 November 16
BALTIC DRY INDEX SURGES TO 1257 POINTS W/E 18 NOV; BPI ROSE 37.3% W/W
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rally continues this past week and ending on a positive n ...
Friday, 18 November 16
CAPESIZE: THE COMMODITIES PRICES ARE INCREASING, RESULTING IN MORE DEMAND AND CONSEQUENTLY RATES ARE MAKING A BIG JUMP - FEARNLEYS
Supramax
Apart from booming S. Africa where owners have obtained USD 14-15k to MEG/India and around mid USD 12k to China, the Pacific market has ...
Friday, 18 November 16
U.S. WEEKLY COAL PRODUCTION TOTALS 16.8 MMST, DOWN 0.8%, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.8 million short ton ...
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- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
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