We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 14 October 21
SPIKING COAL PRICES: DON’T BLAME THE ENERGY TRANSITION - IEEFA
Volatility highlights urgency for renewables-based energy solutions
“Energy crisis.” The phrase evokes nearly-forgotten ...
Thursday, 14 October 21
EIA FORECASTS U.S. COAL PRODUCTION TOTALS 588 MMST IN 2021, UP 53 MMST YOY
U.S. coal production in EIA's forecasts totals 588 million short tons (MMst) in 2021, 53 MMst more than in 2020.
According ...
Wednesday, 13 October 21
COAL PRICES ARE ROARING BACK AMID A GLOBAL ENERGY CRUNCH - SYDNEY MORNING HERALD
Soaring coal prices have placed Australia’s mining and energy exports on track to reach a record $349 billion this year evenas the value of t ...
Wednesday, 13 October 21
CHINA ISN'T THE ONLY HUGE ASIAN ECONOMY WITH A COAL SHORTAGE NOW - CNBC
China is not the only Asian giant grappling with an energy crunch — India is also teetering on the edge of a power crisis.
Mos ...
Wednesday, 13 October 21
MARKET INSIGHT - INTERMODAL
Following up on our insight on May 2021, where we discussed about the Capesize market outlook for the second half of the year, we are pleased to se ...
|
|
|
Showing 456 to 460 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Parliament of New Zealand
- The University of Queensland
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
|
| |
| |
|
