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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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Wednesday, 13 January 21
CHINA THERMAL GENCO PROFITS FACE PRESSURE AMID POWER SHORTAGES - FITHCH WIRE
High coal and gas prices will put near-term pressure on margins for thermal power generators in China, says Fitch Ratings. However, the power short ...
Wednesday, 13 January 21
COAL TO BE BIGGEST CONTRIBUTOR TO INDIA'S $5 TRILLION ECONOMY: AMIT SHAH - BUSINESS STANDARD
The Centre on Monday awarded the letter of allocation to successful bidders of coal mines under the commercial auction held during October-November ...
Monday, 11 January 21
MUTED COAL RECOVERY IN 2021 - BALTIC EXCHANGE
Coal demand is expected to rebound in 2021
Medium-term outlook is less favourable although demand declines are expected to be subtle ...
Sunday, 10 January 21
KOREAN GENCOS INVITED BIDS FOR TOTAL 880,000 TONS OF COAL FOR MARCH 2021 LOADING
COALspot.com: Korea South-East Power Co., Ltd. (KOEN), on behalf of EWP, KOSPO, KOSEP and KOWEPO issued an international tender for total 880 ...
Friday, 08 January 21
INDIA COULD COMPETE AGAINST CHINA IN SOLAR MODULE PRODUCTION WITH THE RIGHT GOVERNMENT SUPPORT - IEEFA
The focus should be on helping manufacturers become globally competitive
Although one of the top 10 solar module producers in the world, India ...
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- Star Paper Mills Limited - India
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- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Eastern Energy - Thailand
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- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
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- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
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- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Economic Council, Georgia
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- Energy Link Ltd, New Zealand
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- Planning Commission, India
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- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
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- GMR Energy Limited - India
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- Petron Corporation, Philippines
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- Minerals Council of Australia
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- The State Trading Corporation of India Ltd
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- Formosa Plastics Group - Taiwan
- White Energy Company Limited
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- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
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- Sical Logistics Limited - India
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- Parry Sugars Refinery, India
- Central Electricity Authority - India
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- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
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- Cigading International Bulk Terminal - Indonesia
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- Baramulti Group, Indonesia
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- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
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- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Mercuria Energy - Indonesia
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
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- Merrill Lynch Commodities Europe
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- Savvy Resources Ltd - HongKong
- The University of Queensland
- Indogreen Group - Indonesia
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- Directorate Of Revenue Intelligence - India
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- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
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- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Meenaskhi Energy Private Limited - India
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- IEA Clean Coal Centre - UK
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