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Monday, 21 December 20
COAL'S PARTIAL RECOVERY IS SET TO FADE AFTER 2021 - IEA
 Global coal consumption is estimated to have fallen by 7%, or over 500 million tonnes, between 2018 in 2020. A decline of this size over a two-year period is unprecedented in IEA records, which go back as far as 1971, said IEA in its latest Coal 2020 report.
IEA report furhter noted that, Based on the assumption of a global economic recovery in 2021, we expect both electricity demand and industrial output to increase. As a result, we forecast a rebound in global coal demand of 2.6%, led by China, India and Southeast Asia. Higher natural gas prices and electricity demand are set to slow the structural decline of coal use in the European Union and the United States, which both might see their coal consumption grow for the first time in nearly a decade.
According to IEA, by 2025, global coal demand is forecast to flatten out at around 7.4 billion tonnes. Trends are expected to vary by region over the next five years. In Europe and North America, coal continues its decline after a temporary uptick in 2021. Given that the combined coal consumption of the European Union and the United States now represents around 10% of global coal use, further declines in those markets will have a limited effect at a global level. In China, coal demand is reaching a plateau, although our 2025 forecast will need to be reviewed following the release of the Chinese government’s 14th Five-Year Plan. China’s pledge of reaching carbon neutrality before 2060 requires a long-term roadmap to enable the smooth transition of an economy which consumes 4 billion tonnes of coal each year.
India and some other countries in South and Southeast Asia are forecast to increase coal use through 2025 as industrial production expands and new coal-fired capacity is built. In India, however, the demand outlook to 2025 is considerably lower than it was a year ago as a result of the pandemic. By 2025, ASEAN will become the third-largest coal-consuming region, surpassing the United States and the European Union.
In 2020, some countries made pledges that involve reducing coal use in the coming years (Korea, Japan), downsizing planned coal expansion (Viet Nam, Bangladesh, Philippines), and cancelling plans for coal development (Egypt).
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Wednesday, 24 February 21
MARKET INSIGHT - INTERMODAL
With yields of up to 563%, the shares of Greek shipping companies listed on Wall Street are recorded. The Coronavirus pandemic has not significantl ...
Sunday, 21 February 21
ANZ DIVESTING FROM THE WORLD’S LARGEST COAL EXPORT PORT IS 'PRAGMATISM' - IEEFA
The biggest buyers of Australian thermal coal have committed to net-zero emissions
ANZ, Australia’s third largest bank, has decided to s ...
Sunday, 21 February 21
EDITORIAL: TIME FOR BANGLADESH TO FOCUS ON RENEWABLE ENERGY, NOT COAL - DHAKA TRIBUNE
Shifting away from coal is not only desirable, but absolutely necessary in these times.
In spite of being detrimental to environment ...
Wednesday, 17 February 21
STRANDED ASSETS A LONG-TERM RISK FOR MAJOR FOSSIL FUEL EXPORTERS - FITCH RATINGS
Fossil exporters face a loss of GDP, government revenue and export receipts from the transition to a lower-carbon economy over the coming decades. ...
Friday, 12 February 21
U.S: WIND SURPASSED COAL AS NO. 1 FUEL SOURCE IN 2020 FOR SOUTHWEST POWER POOL - IEEFA
Wind energy growth due to geography, design factors, and new installations
Wind surpassed coal as the primary power generation sourc ...
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- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Australian Coal Association
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
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