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Tuesday, 29 January 19
HARD COAL BEARS THE BRUNT OF THE RECOMMENDATIONS OF THE COMMISSION GROWTH STRUCTURAL CHANGE AND EMPLOYMENT - VDKI
 Press Release: Hard coal bears the brunt of the recommendations of the Commission Growth Structural change and employment.
In its final report, the Commission makes no mention of the contribution of hard coal to reducing CO2 emissions, although hard coal has made the main contribution to reducing emissions in recent decades. By the end of 2018, it had cut its fuel consumption for electricity generation in half compared to 1990.
Against this background, the Commission nevertheless proposes to reduce the output of hard coal-fired power plants by 7.7 GW to around 15 GW as early as 2022. Not only is this proposal completely unrealistic, it also shows that representatives of regions, business, trade unions and environmental organisations have "reached agreement" at the expense of coal, an energy source not represented in the Commission. At the same time, they violate the goals of climate policy, economic efficiency and security of supply.
Hard coal-fired power plants are the existing and economical bridge solution for the energy system transformation: They compensate for the fluctuating supply of renewable energy sources. Whether the required capacity of open gas turbines will be completed by 2022 is highly uncertain. What is certain, however, is that this will cause additional costs that one could confidently do without. Because open gas turbines have a lower efficiency than coal-fired power plants - this measure is counterproductive in terms of climate policy. It makes the energy system transformation more expensive and provokes the demand of the economy for relief from these costs. And yet it would have been the easiest way, especially for business representatives, not to let this nonsensical cost burden arise in the first place.
As the world's leading exporter, Germany cannot isolate itself from the rest of the world in terms of energy economics. Hard coal is available worldwide free of political risks. Natural gas is not only associated with political risks but will also unnecessarily increase the price of energy supplies in Germany.
In its final report, the Commission reduced the 'coal industry' to those employed in power stations, ignoring those employed in trade and logistics. In the Ruhr area and Saarland there are many hard coal-fired power plants which have either been shut down in recent years or are still in operation. These regions have by no means survived the structural change and would urgently need support. Instead, this flows into regions with lower unemployment in many places than in the Ruhr area. Although this is to be understood as an electoral tactic, it has nothing in common with the Commission's mandate.
Nor can this be justified by the fact that the Commission 'discovered' the hard coal very late. In its interim report of 25 October 2018 on possible measures for the social and structural development of the lignite regions, it acknowledged that the Commission's work had so far focused only on structural change in the lignite mining areas. In avoiding structural breaks, however, she only thought of the lignite mining areas. For hard coal there was only one "if necessary" in the interim report and some project proposals for structural development for Saarland in the final report.
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Tuesday, 22 January 19
AUSTRALIA'S YANCOAL PRODUCED 50 MMT SALEABLE COAL IN 2018 UP 59 PER CENT ON THE YEAR PRIOR, THE QUARTERLY REPORT SHOWS
According to the report, the miner's quarterly (Q4' 18) saleable coal production of 12.4 Mmt. Includes 10.5 Mmt (85 per cent) from the Comp ...
Monday, 21 January 19
KOSPO INVITING BIDS FOR 320K MT OF LOW CALORIFIC VALUE COAL
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 3,800 kcal/kg NCV low calo ...
Monday, 21 January 19
SUPRAMAX: INDONESIAN COAL RUNS, TONNAGE WAS GIVING APS DELIVERIES AND A 57,000DWT SHIP FIXED AT $7,000 FOR A TRIP TO WEST COAST INDIA - BALTIC BRIEFING
Capesize
A positive end to a week that saw rates on the West Australia/China run slip below $6.00, as charterers faced a plentiful supply ...
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), ...
Sunday, 20 January 19
OIL MARKET REPORT: A MARATHON, NOT A SPRINT - IEA
Last month, we asked if there was a floor under prices following the signing of a new Vienna Agreement that aims to re-balance the oil market. Foll ...
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- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Parliament of New Zealand
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Australian Coal Association
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
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