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Friday, 05 January 18
COAL DEMAND TO REMAIN FLAT TO 2022, RESULTING IN A DECADE OF STAGNATION - IEA
 Global demand for coal should remain nearly flat between 2017 and 2022, resulting in a decade of stagnation for coal consumption, according to the International Energy Agency’s annual coal market report.
Global coal consumption fell 1.9% to 5,357 million tonnes of coal equivalent (Mtce) last year, the second year of decline, because of lower gas prices, a surge in renewables and improvements in energy efficiency, according to Coal 2017. Coal demand is down 4.2% over the last two years, nearly matching the two-year decline in the early 1990s, which remains the biggest recorded drop since the IEA started compiling statistics more than 40 years ago.
By 2022, global coal demand is expected to reach 5,530 Mtce, the same as the average of the last five-year period, and meaning that coal use will have had a decade-long period of stagnation.
The share of coal in the global energy mix is forecast to decline to 26% in 2022, from 27% in 2016 because of sluggish demand compared with other fuels. Although coal-fired power generation increases by 1.2% per year through 2016-22, its share of the power mix falls to just below 36% by 2022, which would be the lowest level since IEA statistics began.
“The energy system is evolving at a rapid pace all around us, with a more diversifying fuel mix, and the cost of technologies going down,” said Keisuke Sadamori, the International Energy Agency’s director for energy markets and security. “But while everything else is changing, global coal demand remains the same.”
Coal demand dropped in China, the United States and the European Union in 2016, but increased in India and across many parts of Southeast Asia, and shows no signs of slowing down. For instance, despite the rapid growth in renewables, Indian coal-fired power generation is expected to grow almost 4% a year through 2022.
While India will be increasingly important to global coal markets, China will remain the key driver. The potential for coal demand growth in China is limited, but the country’s supply-side reforms will be critical factors for coal prices in the coming years. Meanwhile, the European Union, accounting today for just 6% of global demand, is set to become an increasingly marginal player.
The IEA highlights that urgent action is needed to support Carbon Capture, Utilisation and Storage (CCUS) technologies, which made important strides last year but still lags far behind other low-carbon technologies. There is a broad agreement among energy leaders from both government and the industry that urgent action is needed to support CCUS, without which the climate challenge will be much more difficult to tackle.
This is why the IEA is working to give a new momentum to this essential technology, and is committed to pushing the global dialogue forward. In November 2017, it organised a global CCUS summit in Paris that was co-chaired by US Secretary of Energy Rick Perry and IEA Executive Director Dr Fatih Birol, bringing together more than 20 countries and CEOs of the world’s top energy companies to focus on this technology.
“This serves as a critical reminder why technologies like CCUS are so important, and why governments and companies need to step up their policy support and investments in that sector in order to meet global climate goals,” said Mr. Sadamori. “Indeed, without CCUS, coal use will be seriously constrained in the future.”
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Wednesday, 07 February 18
SHIPPING MARKET INSIGHT - KATERINA RESTIS
Crude oil supply has been reported to have grown by approx. 2.5% reaching 40.1m bpd in 2017. However, tanker charter rates have been under pressure ...
Tuesday, 06 February 18
THE FUNDAMENTALS FOR INDIAN COAL IMPORTS CONTINUE TO LOOK PROMISING - TORVALD KLAVENESS
Back in August we reported that the fundamentals impacting Indian coal imports looked more promising.
Trade flow data today implies 17.4Mt of ...
Monday, 05 February 18
SUPRAMAX : INDONESIA TO INDIA PASSING THROUGH SINGAPORE HAS SOFTENED
COALspot.com: The daily average earnings for Supramax, for the route Indonesia to India passing through Singapore has softened, week over week, own ...
Friday, 02 February 18
SUPRAMAX : INDONESIA TO CHINA COAL TRIPS ARE PAYING AROUND MID USD 9000 - FEARNLEYS
Supramax
Rather quiet week within Atl, specially Continent due to lack of cargoes.
According to Fearnleys Weekly - Dry bulk report published ...
Friday, 02 February 18
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 54.1 MMST, DOWN 8.8% YOY - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.3 million short tons ...
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Showing 1816 to 1820 news of total 6871 |
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- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
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