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Thursday, 07 December 17
THE ROLE OF COAL - AN INCONVENIENT TRUTH - BENJAMIN SPORTON, WCA
 At the climate talks in Bonn, a global alliance to phase out coal was launched. This, along with other rhetoric about developments in the energy sector might lead many observers to believe the end of coal is in sight.
The projections from the recently published International Energy Agency World Energy Outlook 2017 (IEA WEO 2017) tell a different story though. I’ve pulled out some of the key stats from the latest World Energy Outlook:
Coal-generated electricity is expected to grow by 8.6% through to 2040 despite its share of global generation reducing from 37% to 26% as other sources grow too.
At 26%, coal will remain the single largest source of electricity generation through to 2040.
Southeast Asia’s energy demand is projected to grow 65.1% by 2040 when compared with 2016 levels, much of it powered by coal.
India, Pakistan, Bangladesh and Southeast Asia become the primary engines of future coal demand growth. Coal demand in India more than doubles over the period to 2040, while in Southeast Asia it grows almost 2.5 times.
I’ve been asked often about how coal fits within the Paris Agreement. The success of the Paris Agreement will lie with the Nationally Determined Contributions (NDCs) in which more than 180 countries have submitted national commitments to reduce carbon emissions. The countries (including the world’s major economies) have chosen various pathways to meet their obligations - forestry, automotive emissions, scaling up renewable energy, efficiency in energy consumption, or reducing the reliance on fossil fuels for electricity generation.
Through their NDCs, 24 countries have identified a role for modern coal technologies as a way to meet their Paris Agreement targets. Countries like Bangladesh, Pakistan, Ghana, India, Nigeria and many others need to balance economic development with climate mitigation efforts and have made it clear that low emission coal technologies are central to these efforts.
It’s clear that excluding coal from the energy mix of these 24 countries is not an option.
About 37% of all electricity generated today is sourced from coal. According to the IEA’s Energy Access Outlook 2017, in the past 16 years, out of the 1.2 billion people who gained access to electricity, almost half derived it from coal. And forecasts show that global coal demand continues to grow, with coal-fired power plants being built in parts of Africa, China, India, and Southeast Asia.
The coal phase-out alliance announced during the Bonn climate talks currently represents just 2% of global coal use and includes a number of countries that don’t actually use coal.
Many countries will continue to invest in coal-fuelled power because the fuel remains affordable and reliable, while new coal technology is making coal use cleaner. In 2040 coal will still be the largest single source of electricity. It’s therefore imperative that we talk about coal and meeting the Paris Agreement targets with a dose of reality.
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Wednesday, 13 December 17
REFINED COAL HAS MADE UP NEARLY ONE-FIFTH OF COAL-FIRED POWER GENERATION SO FAR IN 2017 - EIA
The U.S. power sector consumption of coal is increasingly shifting to refined coal, even as coal-fired electricity generation decreases. Use of ref ...
Wednesday, 13 December 17
DEMAND FOR THERMAL COAL LOOKED RELATIVELY ROBUST - DANIEL HYNES
Coal prices were a touch higher. Demand for thermal coal looked relatively robust, after reports continued to surface that Chinese authorities have ...
Wednesday, 13 December 17
SHIPPING MARKET INSIGHT - GEORGE PANAGOPOULOS
As another year is coming to an end and much has been already written about the positive reversal in the dry bulk market, we think it is interestin ...
Monday, 11 December 17
INDIA CONSUMERS ARE SAID TO BE DESPERATELY SEEKING CARGOES - DANIEL HYNES
Coal markets were stronger, as strong demand outside China continues to spur buying said Daniel Hynes, Senior Commodity Strategist at ANZ.
Acc ...
Monday, 11 December 17
CAPESIZE FFA MARKET LOOKING PROMISING MOVING FORWARD - FIS
Capesize
Another very promising day for the big ships as rates continued to firm in both oceans and the paper market ate into the backwardation s ...
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Showing 1851 to 1855 news of total 6871 |
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- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Planning Commission, India
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- The University of Queensland
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
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