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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, 29 November 17
SHIPPING MARKET INSIGHT - VASILIS MOIRIS
In line with most expectations for the end of this month, during the past days the Dry Bulk market realized a significant rebound that sent the BDI ...
Tuesday, 28 November 17
THE DRY BULK MARKET HAS SHOWN A REMARKABLE RECOVERY THIS YEAR - GEORGE LAZARIDIS
The Dry Bulk market has shown a remarkable recovery this year with the average earnings having increased by around 63% this year so far compared to ...
Friday, 24 November 17
U.S. PRODUCED 14.9 MMST FOR THE WEEK ENDING NOV 18; UP 0.9% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.9 million short ton ...
Thursday, 23 November 17
PANAMAX: ANOTHER SLOW AND UNEVENTFUL WEEK; DECREASING FREIGHT RATES IN BOTH HEMISPHERES - FEARNLEYS
Supramax
A quiet start to the week. USG closed last week a bit tighter, and continued into the new week on a positive tone with little concluded, ...
Wednesday, 22 November 17
THERMAL COAL WAS FLAT AMID CONCERNS OF FURTHER GOVERNMENT INTERVENTION IN CHINA, SAYS DANIEL HYNES
Coal prices were mixed. Thermal coal was flat amid concerns of further government intervention in China, said Daniel Hynes Senior Commodity Strateg ...
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Showing 1866 to 1870 news of total 6871 |
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- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Planning Commission, India
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- The University of Queensland
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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