We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 01 May 20
GLOBAL COAL DEMAND TO FALL BY ABOUT 8% IN 2020,THE LARGEST DROP SINCE WORLD WAR II - IEA
 We expect global coal demand to fall by about 8% in 2020, the largest drop since World War II, with coal use declining in virtually every sector of every region in the world - IEA
Acording to IEA, in China, coal demand will decline in 2020 by around 5%, despite the gradual recovery since February lockdown. Coal-fired power generation will be hit especially hard, because the power system is crowded by low variable cost hydro, wind, solar and nuclear power. If a more favourable dispatch for coal power plants is established, this could offer some relief for coal power producers.
An even greater decline in coal demand is expected in India, where economic growth and power production are slowing significantly. Despite the recovery expected later in the year, a decline in coal power generation will push coal use down for the second year in a row.
IEA further noted that, in the rest of the world, coal demand will decline steeply in 2020. Even in Southeast Asia, the region with fastest growth in the recent years, where coal power generation is curtailed by lower electricity demand, especially in Malaysia and Thailand. We also expect significant declines in coal demand in advanced economies: by 25% in the United States, around 20% in the European Union, and 5% to 10% in Korea and Japan.
In the current situation, IEA said, the uncertainty about the outlook for coal is the highest among all fuels. In large part, this is because its use is concentrated in the power sector, and is strongly dependent on the level of electricity demand. In particular, coal is dominant in China and India, the largest and the third-largest electricity users in the world. In addition, the use of coal in power generation is squeezed by low-carbon generation, including hydro, wind, solar and nuclear power, which have been less affected by the Covid‑19 crisis. Hence, differences in economic activity and the associated electricity demand have an outsized effect on coal-fired electricity generation and overall coal consumption.
For example, global coal use could decline only half as much if China and other large consumers of coal recover more quickly from the crisis. Even so, many trends would remain unchanged, such as double-digit percentage drops in the European Union and the United States, single-digit declines in Japan and Korea, and a drop in India. In some markets, coal demand may even grow if recoveries are faster, such as in Southeast Asia, driven by Indonesia and Viet Nam.
Projections of 2020 coal trends need a final caveat regarding China, as the Chinese government has pledged to implement a fiscal and monetary stimulus to its economy. The magnitude and design of that stimulus – as well as how energy-, electricity- and coal-intensive it is – might change coal use trends significantly in China and therefore in the world.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 29 May 20
KOMIPO ON BEHALF FIVE KOREAN GENCOS INVITED COAL BIDS FOR 5,700 & 4999 NCV COAL FOR AUGUST 2020 LOADING
COALspot.com: South Korea’s Korea Midland Power Co.,Ltd (KOMIPO) on behalf five (5) Korean Gencos has Issued an International Tender for tota ...
Friday, 29 May 20
DRY BULK SHIPPING: NO QUICK RECOVERY FOR THE DRY BULK MARKET AS COVID-19 DIGS DEEPER
The outlook is poor for dry bulk, as the negative demand shock and overcapacity come together to send rates to multi-year lows, even a return to wo ...
Thursday, 28 May 20
COVID-19: A FORCE MAJEURE EVENT? - KYPRIANOU
KNOWLEDGE TO ELEVATE
While seeing the unexpected COVID-19 outbreak expanding worldwide and the first cases being identified in Cyprus, the com ...
Thursday, 28 May 20
OIL DEMAND RECOVERED BY 20% IN MAY AGAINST APRIL: RUSSIAN ENERGY MINISTER - TASS
Oil demand remains at a low level but the demand in May increased by 20% against April, Russian Energy Minister Alexander Novak said, cited by the ...
Thursday, 28 May 20
MARKET INSIGHT - INTERMODAL
Earlier in May, China’s top leaders convened for the annual National People's Congress, following over two months of delays due to the co ...
|
|
|
Showing 946 to 950 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- The University of Queensland
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- White Energy Company Limited
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
|
| |
| |
|
