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Sunday, 01 August 21
SEABORNE HARD COAL TRADE IN 2020 DECREASED BY 149 MILLION MT, OR 12.1%, TO 1,083 MILLION MT - GERMAN COAL IMPORTERS ASSOCIATION
 - Reduced coal-fired power plant fleet secures Germany’s power supply in severe winter of 2020/2021; little wind availability and hence stronger coal burn until well into the second quarter of 2021
- Coal phase-out law leads to closure of young and modern hard-coal-fired power plants
- Southern German power plant locations are very important for security of supply and hence disadvantaged in phase out scenario
- 2021 VDKi celebrates its 125th anniversary
According to Coal Importers Association, Germany, the first half of 2021 shows that hard coal continues to make an important and reliable contribution to electricity generation despite the sealed coal phase-out. The volume of electricity generated in hard coal-fired power plants increased by more than a third (35.6%) to almost 25 TWh compared with the same period of the previous year in a period of low temperatures and with significantly less wind power availability. With this increase, hard coal made a significant contribution to security of supply, underlining its important role in safeguarding the energy transition. In our opinion, this will continue to be necessary in the future, especially after the increase in the German government's forecast for electricity consumption in 2030 of between 645 and 665 TWh.
The press release from German Coal Importers Association noted that, the coal phase-out law was enacted on August 08th, 2020. Over the first three tenders, 25 bids were awarded with a bid quantity of 8,435 MW. This included some young, modern coal-fired power plants. In this respect, the mechanism of the law has not resulted in primarily older power plants with higher specific CO2 emissions being taken off the grid.
Southern German hard-coal-fired power plants are at a massive disadvantage in the auctions for the capacities to be decommissioned. Participation in the first tender was excluded, and in subsequent tenders a grid factor will be taken into account which will with high probability prevent any successful participation in those auctions. As a result, the employees of the hard coal-fired power plants in southern Germany will be at a significant disadvantage in terms of possible socially acceptable staff reductions.
The association further noted that, there is also an urgent need for action in the district heating sector. In many German cities, district heating comes from highly efficient cogeneration plants based on hard coal. VDKI member companies report difficulties with possible conversion of their plants to gas or biomass. There is a lack of funding or simply a lack of efficient gas grid connections.
Following the passing of the Climate Protection Act, the energy industry framework conditions must now be adjusted quickly.
In 2020, world hard coal production decreased by around 220 million mt to 7.06 billion mt due to the pandemic and thereby returned to the level of 2018. Essentially, only the production increases of China (+94 million mt) and India (+7 million mt) ensured that world hard coal production did not decrease even more. Seaborne trade in 2020 decreased by 149 million mt, or 12.1%, to 1,083 million mt. Seaborne coking coal exports decreased by 13.2% to 264 mt and the steam coal market decreased by 11.7% to 819 mt. Hard coal continues to ensure economic growth in Asia and other growth regions, thereby the share of seaborne trade in Asia now amounts to 84%. An increase of world production and world hard coal trade will be a fact during world economy’s recovery post COVID.
On August 31st this year, the VDKi will celebrate its 125th anniversary in the knowledge that its members continue to make an essential and highly reliable contribution to the German economy through their hard coal activities.
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Monday, 11 October 21
COAL ABANDONMENT IN POWER GENERATION PROMOTED GAS DEMAND GROWTH IN EUROPE - TOP MANAGER: TASS
Accelerated abandonment of coal in power generation and the overall recovery of economic activity facilitated gas demand growth in Europe and led t ...
Saturday, 09 October 21
CHINA POWER CUTS: COAL MINERS ORDERED TO BOOST OUTPUT, SAY REPORTS - BBC
Beijing has reportedly ordered China’s coal mines to boost output as an energy shortage across the country has seen millions of homes and bus ...
Friday, 08 October 21
SEPTEMBER CRUDE OIL TANKER DEMOLISHING HITS 39-MONTHS HIGH AT 1.9M DWT - PETER SAND
Has the lid finally come off for crude oil tanker demolition in 2021? If judged by the 1.9m DWT of capacity that was removed in September, the answ ...
Friday, 08 October 21
COAL SHORTAGE MAY LEAD TO RISE IN STEEL PRICES IN COMING MONTHS: JSPL MD - PTI
Steel prices are expected to increase in the coming months as companies are buying coal at three times the rates a month ago, said a top industry e ...
Wednesday, 06 October 21
INDONESIA COAL PRICE REFERENCE: ANOTHER MONTH, ANOTHER RALLY
COALspot.com: Indonesian Coal Price Reference in a steep climb for most of second and third quarters of 2021 as it reached a pinnacle of $161.63 Oc ...
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- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Economic Council, Georgia
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
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