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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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Monday, 18 January 10
BHP TO SPEND $267 MILLION ON QUEENSLAND COKING COAL
BHP Billiton Ltd, the world’s largest mining company, will spend $267 million to accelerate development of the Caval Ridge mine and the Hay Po ...
Sunday, 17 January 10
THE FUTURES FOR THREE YEARS (2010 - 2012) FIRMED UP - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market was a bit mixed with BDI up by about 159 points and closed at 3,299 points.
BDI
The cape index cont ...
Sunday, 17 January 10
NTPC TO DOUBLE CAPACITY BY 2017
NTPC, which will launch its follow-on public offer on February 3, plans to more than double its generating capacity to over 70,000 mega watts by 201 ...
Saturday, 16 January 10
HANDY CONTINUED FIRM CONDITIONS FOR MARKET IN THE ATLANTIC
HANDY
Continued firm conditions for the Handymax / Smax market in the Atlantic with the BSI having a continued upwards momentum. US$ 45,000 ac ...
Friday, 15 January 10
INDONESIA COAL - HEAVY RAINS HAVE LITTLE IMPACT ON COAL OUTPUT
Coal shipments from Indonesia's main coal-producing area are unlikely to be hit by heavy rains during January-February as many miners are prepared ...
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- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- The University of Queensland
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
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