We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 21 December 17
COAL CONSUMPTION DROPS AS GAS AND RENEWABLES CHEW INTO TRADITIONAL MARKETS - BABS MCHUGH
 "The share of coal in the global energy mix is forecast to decline from 27 per cent last year to 26 per cent in 2022"
Global demand for coal slumped 1.9 per cent in 2016, a record drop in demand that is not expected to change until 2022.
The International Energy Agency (IEA) Coal 2017 report said 5.36 billion tonnes of coal was used last year, the second year in row consumption dropped.
That is a combined total of 4.2 per cent over 2015 and 2016, which according the IEA is larger than the last two-year slump in the early 1990s.
The agency forecasts that by 2022 global coal demand will be 5.53 billion tonnes, which means total demand will have stagnated for more than a decade.
Coal is Australia's second largest export earner after iron ore and has weathered a difficult few years before an unexpected and sustained spot-price rise over the past 18 months.
The IEA director for energy markets Keisuke Sadamori said global energy systems were rapidly evolving and biting into coal's traditional markets.
"There is much more diversity in the fuel mix: fracked natural gas, especially cheaper fracked gas in the United States," he said.
"And costs are reducing for new technologies in both energy efficiency and renewable energy.
"Despite that, demand will remain essentially the same for the next five years.
"We expect coal-fired generation to increase by 1.2 per cent a year until 2022 although its share of the power mix will fall to just below 36 per cent by then."
Demand moves from west to east
Coal use is forecast to decline further in Europe, Canada, USA and China but demand will rise in rapidly developing countries in South East Asia, India, Pakistan and Bangladesh.
The IEA singles out India as being the major growing consumer of coal with coal-fired generation expected to grow there by more than 4 per cent per annum until 2022.
This may not be of great benefit to Australian coal producers with the Indian government declaring it would double its coal use by 2020, but use only domestic supplies to do so.
However, many market commentators do not believe India was positioned to become self sufficient in coal in the medium term.
Pakistan is predicted to increase its coal consumption four-fold by 2022.
Despite the reduction in coal consumption in China, the IEA still sees the nation as a significant price setter.
"China will remain the key driver although the potential for demand growth is," Mr Sadamori said.
"However the country's supply-side reforms will be critical factors for coal prices in coming years."
Source: ABC News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 14 February 18
HISTORY REPEATING ITSELF? - IEA
This month’s OMR is abbreviated to allow time for us to complete our annual five-year outlook that will be published in our report Oil 2018 o ...
Wednesday, 14 February 18
SHIPPING MARKET INSIGHT - NASSOS SOULAKIS
The second month of the year is traditionally a particularly interesting one for the shipping industry as a whole and even more importantly for the ...
Monday, 12 February 18
PANAMAX: WITH LIMITED FRESH ENQUIRY IN ALL AREAS, SPOT MARKET RATES DRIFTED LOWER THROUGHOUT THE WEEK - BALTIC BRIEFING
Capesize
A switch to the Atlantic with rates firming as charterers seemed keen to fix and tonnage was tight, prompting a recovery in rates. Trans ...
Monday, 12 February 18
WORLDWIDE: 'DEMURRAGE CLAIMS' FOR THE PURPOSES OF DOCUMENTARY TIME BARS
KNOWLEDGE TO ELEVATE
On 2 February 2018 the Commercial Court allowed an appeal from a decision of the Arbitration Tribunal in Lukoil Asia Paci ...
Saturday, 10 February 18
COAL INDIA ON PATH OF SUSTAINABLE PRODUCTION GROWTH AND SUPPLY TO POWER AND NON POWER SECTOR - PIB
Supply of 371.8 MT of Coal to Power Sector and 103.1 MT Coal to Non-Power Sector Achieved in 2017-18 Till January,2018 Average Rake Loading To The ...
|
|
|
Showing 1806 to 1810 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- The University of Queensland
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
|
| |
| |
|
