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Monday, 21 January 19
HARD COAL WORLD TRADE IN 2018 RISES BY 3.7 PER CENT; GLOBAL HARD COAL PRODUCTION INCREASES BY 1.7 PER CENT - VDKI
 Global Hard Coal Production Increases By 1.7%.
According to provisional calculations by the German Coal Importer Association (VDKi), hard coal world trade in 2018 rose by 3.7% to 1,202 million tonnes while global hard coal production increased by 1.7% to 7.1 billion tonnes. India’s production alone rose by 54 million tonnes (8.2%) to 714 million tonnes. Seaborne exports in Australia, Indonesia, Russia and the USA (i.e. in all important export countries) increased.
The German Coal Importer Association further noted in its latest press release, the German hard coal imports moved contrary to the global trend and fell massively by 7 million tonnes (about 13%). While imports of coking coal fell by 5%, the imports of steam coal collapsed by 17%. The causes for the collapse are the growing electric power generation from renewable energy sources and the heightened competition with natural gas after the strong rise in the CO2 price.
The association says, the German steam coal imports collapse by 17% in 2018 – use of hard coal for electric power generation has been cut in half since 1990. The existing hard coal- and natural gas-fired power plants will be needed to balance fluctuations in the feed-in from renewable energy sources as long as there are no practical and competitive means of storage.
The large producing countries China and India are simultaneously large consumers of import coal and important pillars of hard coal world trade. The growth in hard coal world trade is also a result of the growing demand in South-east Asia.
These figures more than clearly demonstrate that the exit from hard coal-fired generation of electric power is already reality in Germany said VDKi. Nevertheless, the existing hard coal- and natural gas-fired power plants will be needed to balance fluctuations in the feed-in from renewable energy sources as long as there are no practical and competitive means of storage.
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Saturday, 05 June 21
IT'S TIME FOR THE BIDEN ADMINISTRATION TO CHAMPION RENEWABLE ENERGY IN THE PHILIPPINES, NOT NUCLEAR OR FOSSIL GAS - IEEFA
Fossil gas and nuclear investments risk locking in costly, outdated infrastructure for the long-term
The United States has spent the ...
Friday, 04 June 21
NEW COAL-FIRED POWER PLANTS IN INDIA WILL BE ECONOMICALLY UNVIABLE - IEEFA
Coal capacity additions face major stranded asset risk
Much of India’s 33 gigawatts (GW) of coal-fired power capacity currently under co ...
Thursday, 03 June 21
JUNE HBA IS HITTING ABOVE $100 AND SETTLED AT ITS HIGHEST SINCE OCTOBER 2020
COALspot.com: The Indonesia coal price reference for June 2021 settles at US$ 100.33 per ton FOB vessel.
The Indonesia coal pr ...
Wednesday, 02 June 21
INDONESIA RV WAS DOWN TO LOW/MID $20,000S DAY FOR PANAMAX/KAMSARMAX WITH DELIVERY S CHINA - BANCHERO COSTA
Panamax
A softening week in the Pacific basin with rates under a downward pressure mainly caused by the oversupply of tonnage in the area, said ...
Wednesday, 02 June 21
EUROPEAN UNION'S IRON ORE IMPORTS - BANCHERO COSTA
The European Union (27) is currently the fourth largest importer of iron ore in the world, after China, Japan, and South Korea.
Euro ...
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- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
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- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
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- Commonwealth Bank - Australia
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- European Bulk Services B.V. - Netherlands
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- White Energy Company Limited
- Romanian Commodities Exchange
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- Semirara Mining Corp, Philippines
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- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
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- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
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- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
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- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
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- Bahari Cakrawala Sebuku - Indonesia
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- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
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- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
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- Salva Resources Pvt Ltd - India
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- The Treasury - Australian Government
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- Goldman Sachs - Singapore
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- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
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- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
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- Vedanta Resources Plc - India
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- Sarangani Energy Corporation, Philippines
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- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
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- Malabar Cements Ltd - India
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- Rio Tinto Coal - Australia
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- Africa Commodities Group - South Africa
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- Petron Corporation, Philippines
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- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
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- Star Paper Mills Limited - India
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- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
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- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
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- GVK Power & Infra Limited - India
- Australian Coal Association
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- MS Steel International - UAE
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
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- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
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- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
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- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
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