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Monday, 03 April 17
WORLD COAL TRADE STABLE IN 2016: DEMAND SHIFTS TO SOUTH-EAST ASIA - ASSOCARBONI
 ASSOCARBONI: Coal confirmed as the leading fuel for electricity generation, accounting for 40% of overall production in 2016.
World coal trade stable in 2016: demand shifts to South-East Asia
According to International Energy Agency, coal will still play fundamental role (36% of energy mix) by 2021
Coal’s share in the Italian electricity mix is stable at 12%, the lowest percentage compared to the European average (26%).
On 31 March 2017, in Rome, the Italian coal association (Assocarboni) has held its annual congress “Italian electric system: proposals for a strategic planning” in conjunction with the Association’s annual meeting, where it presented sector data and global scenarios for 2016 and set the guidelines for the Rome Energy G7 taking place on April 9th and 10th.
The global scenario of coal
According to Italian coal association In 2016, coal confirmed its leadership in the generation of electricity, accounting for 40% of market share in the world, and 26% in Europe.
Compared to 2015, in 2016 seaborne world coal trade was stable after 10 years at 5% annual growth.
Steam coal decreased from the 2015’s 886 million tonnes to 2016’s 883 million tonnes: the trend shows a decrease in the coal import in Europe, caused by a strong decline in the UK but also balanced by an increase of the export towards the South-Eastern Asian markets.
Seaborne coaking coal registered a slight reduction from the the 249 million tonnes in 2015 to 246 million tonnes (-1% decrease), mainly because of a decline in imports across the European markets (34 million tonnes, -9% compared to 2015), also caused by steel’s lower price.
In perspective, coal will maintain its leadership in the electricity mix. According to the International Energy Agency’s analysis published in the Medium Term Coal Market report, coal’s share in the mix fueler for electricity production will attest itself at 36% by 2021.The demand for coal is shifting towards South-East Asia, where emerging economies are looking for an alternative source of energy.
Report by country
According to Assocarboni’s latest data, in 2016 Australia remained the world’s leading coal exporter, with a record of 393.68 million tonnes, a 1% increase compared to 2015.
With its 285.81 million tonnes, Indonesia confirms its leading position as steam coal exporter, registering a slight decrease compared to 2015 data.
Russian coal exports increased by 11% from 2015 reaching 131 million tonnes compared to 118 million tonnes in 2015, while Colombia steam coal exports registered 88.6 million tonnes compared 80.5 millions in 2015.
China’s 2016 imports grew up again compared to 2015 data, given the high demand for electricity, which is not satisfied by local production. In 2016 China imported 255 million tonnes (+25%).
India registered 203 million tonnes of imported coal, a slight reduction (-6%) compared to the 216 millions in 2015. The decrease is caused by the reduction of the steam coal imports, due to an increase of the domestic production and petcoke imports.
Coal imports grew in Vietnam (13.57 million tonnes, +91% compared to 7.08 million in 2015), Turkey (30,3 million tonnes, +9%) in comparison with the 27.78 millions of 2015), Chile (11.6 million tonnes, +13% compared to 10.2 million in 2015).
Korea registered an increase in the import of steam coal (93.7 million tonnes, +1%). Japan imported almost the same 2015’s quantities of coal (189.7 million tonnes versus 190, 6 million in 2015).
The coal market in Italy
Whilst Europe relies on coal for 26%, coal’s share in the Italian electricity mix is stable at 12%, one of the lowest percentage. Italy’s final figures for 2016 show a decline in the import of steam coal to 14 million tonnes (-12.5% compared to 2015); the imports of metallurgical coal and PCI are increasing: 3.9 million tonnes, +11% than the 3.5 millions in 2015.
Italy’s largest coal operators are at the forefront of technological innovation within the sector. Compared to the most obsolete and inefficient technologies used in the past, the modern coal power plants in Italy are environmentally-friendly, as they emit between 25 and 33% percent less CO2, and highly efficient, with an average 40% efficiency rate and peaks of 46% in Torrevaldaliga Nord, which is only reached in Japan and Denmark in the world.
Italian manufacturing companies pay the electricity 50% more than the European average, as the country depends on imported natural gas from Russia and Algeria and subsidised renewable energies, which together account for over 80% of the national electricity mix. If Italy keeps ignoring the contribution coming from the coal in the generation of competitive energy, its industrial network will be at risk especially of compared to European competitors, given the half price of the provided energy, composed by coal and nuclear.
Coal and Environment: a comparison with gas
A number of scientific studies by preeminent research centres do not justify using gases against climate change, as the findings demonstrated that, considering the entire fossil fuels lifecycle, the difference in CO2 emissions with gas is significantly reduced, and even equalise when pre- and post-combustion emissions are included, because of the various gases (e.g. H2S, N2O, etc.) not accounted for released in the atmosphere from methane deposits.
A recent study by Pöyry Management Consulting compared the level of emissions measured in thermoelectric power plants using coal with those using gas, both working in a reduced or variable regime. The findings show that gas plant emissions can be +76% higher than the coal ones.
In addition, international studies (e.g. Prof. Yumehiko Hoshijima, Yale Law School of Forestry & Environmental Studies, New Haven; US Environmental Protection Agency; Environmental Defense Fund and National Oceanic and Atmospheric Administration) have widely demonstrated that shale gas and fracking have serious environmental consequences. Academic researches showed that natural gas generates, especially in its extraction, higher methane levels than coal.
“Coal is not the enemy to fight and electricity production from coal has an environmental impact in its lifecycle similar to natural gas, taking into account the efficient curb-emissions systems developed in recent years” declared Andrea Clavarino, President of the Italian coal industry association Assocarboni, at its annual congress.
“Assocarboni thus proposes to use more coal – through the implementation of the best combustion technologies – and renewables, and less gas, which is expensive and has serious supply security issues, following what developed and emerging countries like South Korea, Germany, Japan, Taiwan, Turkey, USA and Vietnam are already doing. Nowadays, coal guarantees low costs and energy security, as reserves are equally distributed across the world, and therefore is, together with renewables, the best combustible to support economic and industrial development across the world, including Italy” concluded Andrea Clavarino.
About Italian Coal Association ASSOCARBONI
ASSOCARBONI is a non-profitorganisation founded in 1897, which represents national and international companies engaged in solid fuels. Its head office is in Rome and it has representative offices in London and Brussels. On a national level, Assocarboni is member of Confindustria Energia and sits in the Board of Directors of the Fuel Experimental Station, a fuel research institute within the Ministry of Economic Development.
On an international level, Assocarboni is member of CIAB (Coal Industry Advisory Board) – a section of the International Energy Agency (IEA) which brings together more than 40 companies (both energy producing and electric generation companies) from 14 different countries - of WCA (World Coal Association) in London and of the “Working Party on Coal” of the ECEUN Energy Committee in Geneva.
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Wednesday, 05 August 20
SLUMP IN OIL REVENUE CHALLENGES MIDDLE EAST OIL EXPORTERS - INTERMODAL
The Covid-19 pandemic has had far-reaching consequences on the global capital markets. Despite the US government’s efforts for a quick and de ...
Tuesday, 04 August 20
KOEN INVITED BIDS FOR TOTAL 900K MT OF MIN 5600 NCV COAL FOR 3 YEARS
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 260,000 to 300,000 Tons (MT) min. ...
Tuesday, 04 August 20
THE WORLD’S FLEET OF COAL-FIRED POWER STATIONS HAS GOT SMALLER FOR THE FIRST TIME ON RECORD, WITH MORE CAPACITY RETIRED IN THE FIRST HALF OF 2020 THAN THE AMOUNT OPENED - IEA
This is according to the latest Global Coal Plant Tracker (GCPT) results by Global Energy Monitor (GEM), which we completed last month and report f ...
Monday, 03 August 20
U.S. COAL CONSUMPTION, WHICH HAS DECLINED SINCE ITS 2007 PEAK, FELL TO ITS LOWEST POINT IN APRIL 2020 - EIA
According to the U.S. Energy Information Administration’s (EIA) most recent Monthly Energy Review, the United States consumed 6.5 quadrillion ...
Monday, 03 August 20
LOW OIL PRICE AND CORONA VIRUS HIT SUB-SAHARAN AFRICA OIL PRODUCERS - FITCH RATINGS
The collapse in oil prices and the coronavirus shock is worsening the fiscal and external balances of sub-Saharan African oil producers, Fitch Rati ...
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- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
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- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- VISA Power Limited - India
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
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- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
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- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
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- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- The University of Queensland
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
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- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
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