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Friday, 29 July 22
GLOBAL COAL DEMAND IS SET TO RETURN TO ITS ALL-TIME HIGH IN 2022 - IEA
 The world’s consumption of coal is set to rise slightly in 2022, taking it back to the record level it reached nearly a decade ago, according to an IEA report published today, which notes that significant uncertainty hangs over the outlook for coal as a result of slowing economic growth and energy market turbulence.
Based on current economic and market trends, global coal consumption is forecast to rise by 0.7% in 2022 to 8 billion tonnes, assuming the Chinese economy recovers as expected in the second half of the year, the IEA’s July 2022 Coal Market Update says. This global total would match the annual record set in 2013, and coal demand is likely to increase further next year to a new all-time high.
The new report highlights the significant turmoil in coal markets in recent months, which has important implications for many countries where coal remains a key fuel for electricity generation and a range of industrial processes. At the same time, the world’s continued burning of large amounts of coal is heightening climate concerns, as coal is the largest single source of energy-related CO2 emissions.
Worldwide coal consumption rebounded by about 6% in 2021 as the global economy recovered rapidly from the initial shock of the Covid pandemic. That sharp rise contributed significantly to the largest ever annual increase in global energy-related CO2 emissions in absolute terms, putting them at their highest level in history.
Global coal demand is being propped up this year by rising natural gas prices, which have intensified gas-to-coal switching in many countries, as well as economic growth in India. Those factors are being partly offset by slowing economic growth in China and by the inability of some major coal producers to ramp up production.
Demand for coal in India has been strong since the start of 2022 and is expected to rise by 7% for the full year as the country’s economy grows and the use of electricity expands. In China, coal demand is estimated to have declined by 3% in the first half of 2022 as renewed Covid lockdowns in some cities slowed economic growth, but an expected increase in the second half of the year is likely to bring coal consumption for the full year back to the same levels as last year. China and India together consume double the amount of coal as the rest of the world combined, with China alone accounting for more than half the world’s demand.
Coal consumption in the European Union is expected to rise by 7% in 2022 on top of last year’s 14% jump. This is being driven by demand from the electricity sector where coal is increasingly being used to replace gas, which is in short supply and has experienced huge price spikes following Russia’s invasion of Ukraine. Several EU countries are extending the life of coal plants scheduled for closure, reopening closed plants or raising caps on their operating hours to reduce gas consumption. However, Europe only accounts for about 5% of global coal consumption.
As soaring natural gas prices have made coal more competitive in many markets, international coal prices have risen in turn, hitting three all-time peaks between October 2021 and May 2022. Sanctions and bans on Russian coal following Russia’s invasion of Ukraine have disrupted markets, and issues in other major exporters have contributed to supply shortages. With other coal producers facing constraints in replacing Russian output, prices on coal futures markets indicate that tight market conditions are expected to continue well into next year and beyond.
Source: IEA
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Wednesday, 05 January 22
INDONESIA WARNS COAL SUPPLY CRUNCH NOT OVER AS CHINA PRICES RALLY - REUTERS
Indonesia has warned that its coal supply situation remains critical, ahead of Wednesday’s (Jan 5) review of its export ban, unnerving global ...
Tuesday, 28 December 21
INDIA'S ADANI NEARS FIRST COAL SHIPMENT FROM SHUNNED AUSTRALIAN MINE - REUTERS
India’s Adani Group ADEL.NS is preparing to ship the first coal cargo from Australia’s most controversial mine, after battling a seven- ...
Thursday, 23 December 21
COAL TO STAY AS MAJOR SOURCE OF ENERGY IN FORESEEABLE FUTURE: JOSHI - BUSINESS STANDARD
Coal will stay as a major source of energy in the foreseeable future as it is an affordable source of energy with substantial reserve, Parliament w ...
Thursday, 23 December 21
ANNUAL U.S. COAL-FIRED ELECTRICITY GENERATION WILL INCREASE FOR THE FIRST TIME SINCE 2014 - EIA
From December 20 through December 30, Today in Energy will feature some of our favorite articles from 2021. Today’s article was originally pu ...
Thursday, 23 December 21
COAL DEMAND TO PEAK IN INDIA BY 2030, WILL BACK UP RENEWABLES: NITI REPORT - BUSINESS STANDARD
Coal will remain India’s mainstay energy source and the country will shape global demand this decade, two reports have said a month after the ...
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- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Planning Commission, India
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- PTC India Limited - India
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- GMR Energy Limited - India
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
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