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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
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Wednesday, 27 December 17
SULPHUR EMISSIONS: THE OUTSTANDING CHALLENGES - UK P&I CLUB
The International Maritime Organization (IMO) has been working to reduce the harmful impacts of shipping on the environment.
It adopted Annex ...
Friday, 22 December 17
COAL INDIA BOARD CLEARS THE WAY FOR SCHEME FOR HARNESSING AND ALLOCATING KOYALA (COAL) TRANSPARENTLY IN INDIA - PIB
The Coal India Limited (CIL) Board cleared the decks for signing of Fuel Supply Agreement (FSA), for supply of coal.
According to Press Inform ...
Friday, 22 December 17
WILL THE DRY BULK INDUSTRY BECOME PROFITABLE IN 2018? - PETER SAND, BIMCO
As the dry bulk fleet is already expected to grow at a pace that matches demand growth expected in 2019, focus must be on improving the fundamental ...
Friday, 22 December 17
ESTIMATED U.S. WEEKLY COAL OUTPUT SLIPS SLIGHTLY - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2 million short tons ...
Thursday, 21 December 17
FUEL SHORTAGE TRIGGERS JUMP IN COAL PRICES - CHINA DAILY
China’s thermal coal prices jumped recently as natural gas shortages across the north spurred an unexpected resurgence in demand for coal-fir ...
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Showing 1841 to 1845 news of total 6871 |
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- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- The University of Queensland
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
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