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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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Friday, 31 July 20
BOTSWANA PLANS MORE COAL-FIRED POWER AS AFRICAN SOLAR ACCELERATES - IEEFA
An African economic leader like Botswana should embrace solar to reduce subsidies and tariff hikes
As Sub-Saharan solar ambition has ...
Wednesday, 29 July 20
2019 U.S. COAL PRODUCTION FALLS TO ITS LOWEST LEVEL SINCE 1978 - EIA
In 2019, U.S. coal production totaled 706 million short tons (MMst), a 7% decrease from the 756 MMst mined in 2018. Last year’s production wa ...
Wednesday, 29 July 20
MARKET INSIGHT - INTERMODAL
The dry bulk sector is beginning to recover from reduced SnP activity recorded in the first quarter of 2020. The table below illustrates that appro ...
Tuesday, 28 July 20
DEUTSCHE BANK TO END GLOBAL BUSINESS ACTIVITIES IN COAL MINING BY 2025 - REUTERS
Deutsche Bank, in a revamp of its policies for fossil fuels, said on Monday that it would end business activities worldwide related to coal mining ...
Monday, 27 July 20
IEEFA ENERGY FINANCE CONFERENCE 2020: COAL, LNG, PETROCHEMICAL SECTORS FACE POOR OUTLOOK AND UPHILL BATTLE FOR INVESTORS
Fossil fuel industries were becoming less financially attractive even before the global coronavirus pandemic
Three major fossil fuel ...
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- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
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