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Thursday, 10 February 22
EIA ANALYSIS CONSIDERS DIFFERENT OUTCOMES FOR COAL MARKETS IN INDIA AND SOUTHEAST ASIA
 In our International Energy Outlook 2021 (IEO2021) Issues in Focus: Uncertainty in Coal Trade in India and Greater Southeast Asia, we analyze three cases for coal markets in India and Greater Southeast Asia (GSEA), which highlight the role that varying levels of coal production and trade play in the regions’ carbon dioxide (CO2) emissions and electricity generation mix.
In our Low Coal Demand case, we assume policy or technology changes that result in 33% less coal demand between 2030 and 2050 in the industrial and power sectors of India and GSEA. As a result of less coal demand in the regions, regional coal production grows less, and coal imports decrease. In the Low Coal Supply case, we assume a 50% increase in the cost of coal production, compared with the IEO2021 Reference case, and less available coal supply in India and GSEA. We assume the opposite (a 50% decrease in the cost of coal production) in the High Coal Supply case.
The level of CO2 emissions from coal are directly proportional to coal consumption in these cases. In the IEO2021 Reference case, which assumes no changes to current policies or technologies, coal consumption in India and GSEA reaches a combined 3.2 billion short tons in 2050, and resulting CO2 emissions reach 5.6 billion metric tons.
We project India and GSEA coal demand and emissions in 2050 to differ from the Reference case:
Low Coal Demand case, 33% less consumption
Low Coal Demand case, 32% less emissions
Low Coal Supply case, 15% less consumption
Low Coal Supply case, 13% less emissions
High Coal Supply case, 15% more consumption
High Coal Supply case, 13% more emissions
In all cases, we expect coal consumption and coal-related emissions in India and GSEA to grow from 2020 levels.
Although the electricity generated in India and GSEA in 2050 is fairly similar to what we forecast in the IEO2021 Reference case and in our three side cases, the share of generation by generation type varies.
In India, the Low Coal Demand and Low Coal Supply cases both show that renewable sources generate more electricity than in the Reference case; renewables account for 75% of the generation mix by 2050, compared with 67% in the Reference case. In the High Coal Supply case, coal’s share of India’s electricity mix increases to 28% in 2050, compared with 21% in the Reference case, while renewables account for a 60% share.
In GSEA, renewable sources do not displace coal, natural gas, and hydroelectric generation as much as in India. In the Reference case, renewables make up 23% of the generation mix in GSEA in 2050. That share increases to 39% in the Low Coal Demand case and drops to 16% in the High Coal Supply case. Coal has a 45% share of generation in the Reference case and a 58% share in 2050 in the High Coal Supply case.
Source: EIA
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Thursday, 30 June 22
FINANCIAL GAINS SUPPORT COAL TRANSITION - BALTIC EXCHANGE
Support for the shift away from coal dependency continues to mount, with the International Monetary Fund (IMF) calculating that the move would gene ...
Thursday, 30 June 22
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LNG shipping stocks are proving resilient despite uncertainties about growth in global GDP, high inflation and the ongoing geopolitical crisis caus ...
Thursday, 30 June 22
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The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market ...
Thursday, 30 June 22
SHANXI PROVINCE RAISES ANNUAL COAL OUTPUT TO 1.3 BILLION TONS TO ENSURE CHINA’S ENERGY SUPPLY - GLOBAL TIMES
North China’s Shanxi Province, a major coal-producing region, recently announced a move to increase its annual coal production output by 107 ...
Thursday, 30 June 22
DIVERGENCE BETWEEN HIGH- AND LOW-GRADE THERMAL COAL PRICES IN APAC TO NARROW - FITCH RATINGS
Prices between high- and low-grade thermal coal in Asia-Pacific (APAC) have diverged since late March 2022, but Fitch Ratings expects the gap to na ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
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- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
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- Indian Energy Exchange, India
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- Indogreen Group - Indonesia
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- CNBM International Corporation - China
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- PowerSource Philippines DevCo
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- Aboitiz Power Corporation - Philippines
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- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
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- Price Waterhouse Coopers - Russia
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- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Anglo American - United Kingdom
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- Planning Commission, India
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- Indian Oil Corporation Limited
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- Electricity Authority, New Zealand
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- South Luzon Thermal Energy Corporation
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- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Eastern Energy - Thailand
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- Savvy Resources Ltd - HongKong
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- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
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- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
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- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
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- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
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- Karbindo Abesyapradhi - Indoneisa
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- Ministry of Transport, Egypt
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- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
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- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
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- Sojitz Corporation - Japan
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- Singapore Mercantile Exchange
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- Latin American Coal - Colombia
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- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- London Commodity Brokers - England
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
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