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Monday, 14 August 17
IN A PARIS AGREEMENT WORLD, COAL WILL MEET GROWING ASIAN ENERGY NEEDS - BENJAMIN SPORTON
 When providing 41% of the world’s electricity, 85% of global cement, 74% of the world’s steel and 60% of the world’s aluminum, coal is justly considered an enabler of modern societies and economic development. Coal helps build infrastructure and power up businesses and homes.
If we look at Asia, in particular, we’ll see that according to the United Nations, by 2050 64% of Asia’s population is expected to be urban. As Asia rapidly urbanizes and industrializes, coal becomes the fuel of choice, due to its abundance, affordability, and reliability. 50% of electricity generation growth in Southeast Asia by 2040 will come from coal, overtaking gas as the primary fuel.
Business and industry need reliable electricity. Research by the Asian Development Bank, for instance, has found that businesses reported the single largest obstacle to growth in developing Asia is poor electricity supply. Without access to affordable, reliable, grid-based electricity, which coal provides, it is impossible for economies to grow and develop.
The fact that coal will continue as a critical enabler of development is evident in the national pledges that countries have submitted to show how they will meet the Paris Agreement targets. 24 countries explicitly recognize cleaner coal technology as part of their efforts to reduce their emissions. 11 out of these 24 countries are located in Asia.
Improved access to energy will propel economic growth, something that China demonstrated by achieving almost universal access to electricity. In the past 30 years, China has lifted 680 million people out of poverty by connecting them to the grid that is powered by 73% coal.
With the use of coal projected to continue to grow across Asia over coming decades, a low emission technology pathway for coal is essential.
Cleaner coal technologies, such as high-efficiency low emission (HELE) coal technologies, are technologically proven and commercially available today and reduce CO2 emissions from coal by up to 35%.
By supporting HELE coal technologies, we’ll be making energy affordable and accessible to all and helping to meet climate objectives at the same time. HELE coal technologies are being built all around the world and represent significant progress on the pathway towards carbon capture, use, and storage, which is instrumental to global climate objectives.
As we move toward implementing the Paris Agreement, it is crucial that we understand that climate change and energy are not competing for priorities. The key approach for the world to transition to a low carbon future is to address the CO2 emissions. Coal is not the problem, emissions are.
Benjamin Sporton
WCA Chief Executive
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Monday, 14 August 17
THE FREIGHT MARKET CONTINUES ON AN UPWARD PATH
COALspot.com: The freight market was continued to rose this past week compared to the previous week, as BDI, Cape and Panamax indexes show a positi ...
Friday, 11 August 17
KOMIPO INVITES COAL BIDS FOR BORYEONG POWER PLANT
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for total 1,280,000 Metric Tons of Bitumino ...
Friday, 11 August 17
U.S WEEKLY COAL OUTPUT ALMOST FLAT WEEK OVER WEEK, EIA SAYS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 16.1 million short tonn ...
Thursday, 10 August 17
GLOBAL COAL PRODUCTION FELL SIGNIFICANTLY IN 2016 - IEA
COALspot.com: Global coal production fell significantly in 2016, while global trade in natural gas was up. These are two of the key messages in Wor ...
Thursday, 10 August 17
ANOTHER ACTIVE WEEK FOR THE PANAMAXES WITH INCREASING RATES IN BOTH HEMISPHERES - FEARNLEYS
Supramax
Both basins have remained fairly flat, could say slightly to the negative. A quiet start of the week in the Pacific with holidays in Sin ...
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Showing 1971 to 1975 news of total 6871 |
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- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- MS Steel International - UAE
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
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