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Friday, 09 March 18
THE WORLD CANNOT KEEP IGNORING THE ASIAN COAL STORY - BENJAMIN SPORTON
 There were significant changes in the global energy system in 2017, including the growth in electric vehicles, the rise of renewables and the continued emergence of gas as a ‘transition’ fuel. As recent International Energy Agency (IEA) numbers have shown a decrease in global coal demand for the second year in a row, we have increasingly heard that coal is in permanent decline and doesn’t have a future.
The story is clearly much more complex than this.
Reduced demand is forecast for Europe, largely due to policy measures supporting renewables. The same is true for the United States, though in this instance it’s largely due to competition from natural gas. But this doesn’t tell the whole story. Across Asia, there is a very different energy picture emerging.
Asian economies, from India, to Pakistan, to Bangladesh and across Southeast Asia, are forecast to see significant growth in their economies over coming decades and a huge growth in energy demand. While their energy needs will be met by a range of energy sources, coal will play a critical role. According to the IEA, coal’s share in power generation across Southeast Asia is expected to grow from 35% today to 40% by 2040.
Coal has been a critical enabler of development in the modern world. While its role globally is going to change over coming decades, it will still be an essential energy source, particularly to the rapidly industrialising and urbanising economies of Southeast Asia.
China has been central to global coal growth for the past two decades. While coal demand is expected to fall slightly, the headlines hide a more complicated picture. Chinese demand for coal has fallen slightly, even as power generation from coal has grown. Reduced consumption in small and industrial boilers explains some of this decline. However, more interestingly, some of the reduction in demand for coal has been driven by much higher plant efficiencies in China’s coal power fleet. China is pushing for a national switch to high efficiency low emissions (HELE) coal plants in a drive to create the world’s cleanest coal-fuelled power system. Taking it a step further, this fleet will be well-placed to be retrofitted with carbon capture and storage (CCS) as this critical climate technology is scaled up. China has a clear plan to scale up its efforts on CCS, making it a critical element of their Paris Agreement pledges.
CCS technology has seen significant progress over the past year, not only in China. A year ago, the world’s largest coal-fuelled CCS facility came online at the Petra Nova plant in Texas and it’s already captured more than a million tonnes of CO2. There is also the landmark Boundary Dam CCS coal plant in Canada, which has now been operating for more than three years. In India, a breakthrough company Carbon Clean Solutions is capturing and using CO2 at significantly lower cost than has been experienced in other projects.
All these developments are important. Both the IEA and the Intergovernmental Panel on Climate Change (IPCC) agree that without CCS technology, we will not achieve our climate objectives. References to CCS are found in many national pledges under the Paris Agreement, indicating a wider support globally, but more work needs to be done to progress its deployment. Political and financial support for CCS, alongside policy parity with other low emission technologies, will help to encourage widespread deployment.
We believe that coal is not the problem, emissions are. Given the growing role of coal across Southeast Asia, it’s essential that support is provided to ensure that coal is used with the lowest emissions profile.
To support this, we, at the World Coal Association launched last year new partnerships with international bodies such as the ASEAN Centre for Energy, which resulted in co-publishing a report, ASEAN's Energy Equation.
We all have the same objective – a sustainable future for our planet, a safe climate and economic growth. To deliver this, we need an energy system that delivers affordable, reliable and clean energy.
It’s possible to meet these objectives but we need to recognise that even as energy systems change, there is still forecast to be a significant role for coal.
If we ignore the role of coal then we risk forgetting the essential work we need to do on low emission technologies that will ensure a sustainable energy future.
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Tuesday, 20 February 18
INDIA: COAL IMPORT RISES BY 12 PER CENT TO 18 MILLION TONNES IN JANUARY - PTI
The country’s coal import increased by 12.4 per cent to 18.49 million tonnes (MT) in January, against 16.
44 MT in the same month of the ...
Monday, 19 February 18
JOINT INSURANCE - WHY SHOULD YOU CARE? - SKULD
KNOWLEDGE TO ELEVATE
It is neither controversial nor new to say that co-assureds under a joint insurance policy cannot claim against each othe ...
Friday, 16 February 18
U.S. WEEKLY COAL OUTPUT DOWN 4.5 PER CENT WEEK OVER WEEK, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2 million short tons ...
Thursday, 15 February 18
INDIA: THERMAL POWER PLANTS UNDER STRESS ON RISING COAL, FREIGHT COSTS - BUSINESS STANDARD
Coal-based power plants are feeling the heat of spike in thermal grade coal prices and railway freight costs.
Prices of thermal grade coal sin ...
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 ...
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Showing 1801 to 1805 news of total 6871 |
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- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
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