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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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Thursday, 17 January 19
EIA ESTIMATES THAT U.S. COAL EXPORTS WERE 116 MMST IN 2018, 20% HIGHER THAN THE AMOUNT EXPORTED IN 2017
Coal Supply
EIA estimates that coal production declined by 20 million short tons (MMst) (3%) in 2018, despite a 19 MMst increase in U.S. coal e ...
Thursday, 17 January 19
U.S COAL OUTPUT IS EXPECTED TO FALL BY 3 PER CENT IN 2019 - EIA
EIA forecasts that U.S. coal production will total 729 million short tons (MMst) in 2019, down by 25 MMst (3%) from 2018.
Acco ...
Wednesday, 16 January 19
SHIPPING MARKET INSIGHT - INTERMODAL
As we go through the first days of the year and just a few weeks before the Chinese New Year, the ship repair sector is witnessing a big difference ...
Monday, 14 January 19
KOREA SOUTHERN POWER INVITES BIDS FOR 320,000 MT OF MIN 3,800 NCV 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 coal for ...
Friday, 11 January 19
SUPRAMAX: THE ASIAN ARENA HAD A MIXED START; LIMITED ACTION IN SOUTHEAST ASIA - THE BALTIC BRIEFING
Capesize
Dashed hopes summed up the first full week of the New Year. A slow start followed by a busy 24 hours of improving rates and a firming ...
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- The University of Queensland
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
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