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Friday, 22 October 21
HARD COAL REMAINS AN IMPORTANT FACTOR FOR SECURITY OF SUPPLY - COAL IMPORTERS ASSOCIATION, GERMANY
 - Hard coal remains an important factor for security of supply
- Increase of around 35% in hard-coal-fired power generation in the first three quarters of 2021
- Availability not a problem; hard coal will continue to secure energy transition
- China dominates demand on world market, Russian exports stutter, South Africa steps in
Press Release: The course of 2021 illustrates very clearly that security of supply is and will remain one of the most important issues in the German energy transition.
The expansion of supply-dependent renewable energy, wind and solar, is the heart of energy policy. A further increase in the share of renewable energies increases the need to reserve available capacity. This is because adequate, controllable and secured power must be available in the event of dark periods. And in phases of prolonged dark lulls, the high demand in Germany cannot be met either by importing electricity from neighboring countries or by incentivizing flexibility on the electricity demand side. Hard coal can and will be a reliable partner for security of supply in Germany during its allotted remaining lifetime - not only for electricity, but also for district heating in a transitional period.
In order to enable the transformation to a sustainable and secure energy supply and to offer the companies and their employees prospects for the future, energy policy decisions are needed quickly which also affect the market design.
The high demand for electricity due to the recovery of German industrial production after the pandemic-related economic slump in 2020 and the low availability of wind power have significantly reduced the share of renewables in electricity generation. Hard coal has filled much of this gap and made an important and reliable contribution to power generation. In the first three quarters of 2021, the amount of electricity generated from hard coal increased by around 35% to almost 37 TWh. With 8.6%, hard coal made a significant contribution to security of supply, impressively underlining its important role in securing the energy transition. For the calendar year 2021, the VDKi expects hard coal imports to Germany to reach a level of 38-39 million t, which is likely to be around 6 - 7 million above the previous year.
On the world market for steam coal, China continues to be the dominant factor on the demand side. In the run-up to the celebrations to mark the 100th Party anniversary, the country's own coal production capacities were scaled down for health and safety reasons. Following the Covid-comeback of the Chinese economy, this capacity is now missing, but is being structurally rebuilt. The post-pandemic restart is also causing problems for Russian coal exports, with rail logistics currently lagging badly behind requirements. The Russian gap is being filled for Europe by coal from South Africa, which currently is increasingly entering the ARA (Amsterdam/Rotterdam/Antwerp) markets after a long absence.
Despite the sharp rise in global demand for hard coal, the German market was reliably served. The highly fluctuating demand situation posed an enormous challenge for inland logistics.
The sharp rise in the price of coal since the beginning of the year, currently forward price of 230 USD/t for October and 170 USD/t for November, has not led to a cooling of demand for coal. As the price of natural gas, a competitive energy, has risen much more sharply than coal, the use of hard coal is economically attractive despite high CO2 prices. As a result of this highly volatile market situation, caused by the development of gas prices, the exchange prices for electricity have also risen significantly.
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Friday, 22 October 21
CHINA WANTS TO COOL COAL PRICES. SIMILAR MOVES FOR METALS, CRUDE FAILED - REUTERS
China’s latest attempt to lower runaway commodity prices, this time for thermal coal, is likely to follow a familiar pattern of initial succe ...
Wednesday, 20 October 21
CHINA'S COAL SHORTAGE TO EASE IN COMING MONTHS, INDUSTRY BODY SAYS - REUTERS
China’s coal shortage will likely ease in coming months, with domestic production and imports already showing signs of picking up, a coal ind ...
Wednesday, 20 October 21
CHINA'S RAW COAL OUTPUT DROPS IN SEPTEMBER - XINHUA
China’s raw coal output dropped 0.9 percent year on year to 330 million tonnes last month, data from the National Bureau of Statistics (NBS) ...
Wednesday, 20 October 21
OVER-RELIANCE ON COAL IN OUR POWER MIX HURTING INDIA - LIVEMINT
In spite of the renewables push, coal still accounts for about 50% of India’s installed power capacity. That means a simultaneous demand and ...
Wednesday, 20 October 21
CHINA COAL HITS RECORD HIGH AMID TIGHT SUPPLIES - REUTERS
China coal prices hit a record high on Tuesday buoyed by a widening power crunch and cold weather despite Beijing’s efforts to bolster supply ...
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- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
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- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- Australian Coal Association
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- The University of Queensland
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Thai Mozambique Logistica
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
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