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Wednesday, 06 January 10
COAL PEAK RECEDES INTO THE FAR DISTANCE
 COALspot.com (German): Coal will be available to mankind as an energy source for the next 120 years.
The German Coal Importer Association has called attention to this fact. During a convention of the Evangelische Akademie Tutzing, the experts corrected descriptions of the reserves situation originating from the Energy Watch Group, which is associated with the Greens. The coal importers regard the statements made by this group predicting an imminent decline in world production to be misleading as they are in part wrong and ideologically based .
The time period of 120 years for profitably minable coal reserves is based on figures from the German Federal Institute for Geosciences and Natural Resources (BGR ). These figures show that hard coal will be a vailable for a significantly longer time than oil or natural gas. Moreover, coal is the primary energy source with the fastest growth rate in consumption.
It will cover a major part of energy demand until 2030, above all in Asian countries.
According to forecasts by the International Energy Agency (IEA), the world population will grow by 1.4 billion to over eight billion within the next 20 years. This translates into growth of the world population each year by a figure corresponding approximately to the total population of Germany.
At the same time, energy consumption will grow over proportionately by 30%.
If this demand is to be met, all of the forms of energy must be utilised. Despite the massive increase in renewable energy sources, the fossil energy sources coal, oil and gas will cover 75% of the additional consumption up to the year 2030. Against this back drop, the development of the CCS technology (carbo n - capture - storage) clearly proves to be important; without it, any improvement in the climate will be very expensive.
The new technology represents greater export opportunities, especially for Germany, than the comparatively simple technologies of wind or solar energy, which are more easily copied and are already being imitated in other countries.
Source: Global Press / The German Coal Importer Association
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Tuesday, 09 February 10
EURO COAL-PROMPT SLIDES WITH OIL PRICES
* April S.African cargo trades at $83.50/T FOB, unchanged
* April DES cargo trades at $74.75 a tonne, down $1/T
* Russia's Kuzbassrazrezugol sees ...
Monday, 08 February 10
BLACK RIDGE MINING APPOINTS INDEPENDENT CONSULTANT
Australian-listed Black Ridge Mining has announced the appointment of David Tuit as an independent consultant to assist with the assessment of the c ...
Monday, 08 February 10
SOUTH AFRICAN EXPORT COAL RISES FOR FIRST TIME IN FOUR WEEKS
Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, posted their first gain ...
Monday, 08 February 10
NTPC HOPES TO START ON 500-MW PROJECT IN SRI LANKA BY FEB-END
NTPC sources told Business Standard, “All formalities from our government and NTPC have been completed.
The opinion of the Sri Lankan atto ...
Sunday, 07 February 10
AN AUSTRALIAN FIRM HAS SIGNED A $60BN DEAL TO SUPPLY COAL TO CHINESE POWER STATIONS
Clive Palmer, chairman of the company, Resourcehouse, said it was Australia's "biggest ever export contract".
Under the deal, the firm ...
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- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Minerals Council of Australia
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Australian Coal Association
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Marubeni Corporation - India
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