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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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Tuesday, 04 August 20
KOEN INVITED BIDS FOR TOTAL 900K MT OF MIN 5600 NCV COAL FOR 3 YEARS
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 260,000 to 300,000 Tons (MT) min. ...
Tuesday, 04 August 20
THE WORLD’S FLEET OF COAL-FIRED POWER STATIONS HAS GOT SMALLER FOR THE FIRST TIME ON RECORD, WITH MORE CAPACITY RETIRED IN THE FIRST HALF OF 2020 THAN THE AMOUNT OPENED - IEA
This is according to the latest Global Coal Plant Tracker (GCPT) results by Global Energy Monitor (GEM), which we completed last month and report f ...
Monday, 03 August 20
U.S. COAL CONSUMPTION, WHICH HAS DECLINED SINCE ITS 2007 PEAK, FELL TO ITS LOWEST POINT IN APRIL 2020 - EIA
According to the U.S. Energy Information Administration’s (EIA) most recent Monthly Energy Review, the United States consumed 6.5 quadrillion ...
Monday, 03 August 20
LOW OIL PRICE AND CORONA VIRUS HIT SUB-SAHARAN AFRICA OIL PRODUCERS - FITCH RATINGS
The collapse in oil prices and the coronavirus shock is worsening the fiscal and external balances of sub-Saharan African oil producers, Fitch Rati ...
Saturday, 01 August 20
SHIP SHAPE - OUCH: FIS
Thursday afternoon saw a report that US GDP in Q2 shrank by 32.9%. Now this may have beaten expectations, but it’s a bit like saying that you ...
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- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Planning Commission, India
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- The University of Queensland
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- VISA Power Limited - India
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
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