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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, 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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- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
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