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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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Friday, 08 December 17
U.S. WEEKLY COAL PRODUCTION UP 11.6 PER CENT WEEK OVER WEEK, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Thursday, 07 December 17
SUPRAMAX: CHINA TO INDIA FIXING AT MID US$ 8000 - FEARNLEYS
Supramax
There has been quite some activity in the Atlantic basin this week, rates out of USG are still firm, trips to Emed gone through at low/m ...
Wednesday, 06 December 17
SHIPPING MARKET INSIGHT - VASILIS VASILEIOU
Moving towards the end of 2017, we are facing a relatively slack period of business in the ship repair sector. The repair market has already mature ...
Tuesday, 05 December 17
DOES BITCOIN HAVE A FUTURE IN SHIPPING? - ALIBRA SHIPPING
Google now receives more search requests for Bitcoin than for Kim Kardashian, Beyoncé and Taylor Swift combined. This week, a shipping compa ...
Tuesday, 05 December 17
OIL PRICES HAVE GAINED SOME TRACTION THESE PAST FEW DAYS ON TALKS OF ANOTHER OPEC & RUSSIA PRODUCTION CUT EXTENSION - GERRY LATHROP
Oil prices have gained some traction these past few days on talks of another OPEC (including non-OPEC Russia) production cut extension.
The cu ...
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Showing 1856 to 1860 news of total 6871 |
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- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- White Energy Company Limited
- Medco Energi Mining Internasional
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