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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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Monday, 20 July 20
COAL INDIA LAUNCHES SPECIAL CATEGORY OF E-AUCTION FOR COAL IMPORTERS - BUSINESS STANDARD
Coal India (CIL) on Friday launched a special category of e-auction for importers of coal. This is in line with the government’s declaration ...
Monday, 20 July 20
OIL PRICE OF $40-43 PER BARREL MORE OR LESS BALANCED - NOVAK | TASS
The Russian Ministry of Energy considers the current oil price of $40-43 per barrel more or less balanced and does not expect price changes after t ...
Monday, 20 July 20
SUPRAMAX: A 63,000 OPEN NORTH CHINA FIXING AN AUSTRALIAN ROUND IN THE LOW $10,000S - BALTIC BRIEFING
Capesize
The capesize market showed some resistance this week to recent losses as all routes saw a small uptick in value to end the week. With ...
Friday, 17 July 20
MISC MALAYSIA ENTERS INTO PURCHASE AGREEMENTS AND TIME CHARTER PARTIES FOR SIX VLECS
MISC Berhad (MISC) has entered into Memorandum of Agreements (MOAs) with six indirect wholly-owned subsidiaries of Zhejiang Satellite Petrochem ...
Wednesday, 15 July 20
HOW MEANINGFUL ARE SOME ESTIMATES FOR INDIA’S COAL CONSUMPTION DATA? - IEEFA
In recent years, BP's estimates for India have contained what appears to be a record of over-optimistic projections
BP’s a ...
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- VISA Power Limited - India
- White Energy Company Limited
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- The University of Queensland
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Australian Coal Association
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
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