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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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Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal.
“We plan to import 15-16 million tonnes of coal directly from next year,&rdqu ...
Saturday, 30 January 10
THE ECI / CHINA (S7) ROUTE SOFTENED BY $ 5,736 AND CLOSED AT $ 27,360 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week probably in anticipation of Chinese New year holidays.
BDI INDEX
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Saturday, 30 January 10
INDONESIA TO CONSTRUCT 93 POWER PLANTS IN 2ND PROJECT
The government has announced its list of 93 power plants to be built under the second 10,000-megawatt (MW) power generation scheme.
"With th ...
Saturday, 30 January 10
COAL FIRMS TO KEEP NATION IN THE BLACK
Some Indonesian coal mining companies on Friday pledged to allocate a greater share of their production this year to meet domestic market obligation ...
Friday, 29 January 10
INDIA STEAM COAL IMPORTS TO DOUBLE, BOOST SOUTH AFRICA
* SAfrica seen shipping 75 pct of its coal to Asia in 2010
* Logistics woes hamper SAfrica exports, India imports
India's steam coal imports ar ...
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- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Independent Power Producers Association of India
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Australian Coal Association
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- The University of Queensland
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
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