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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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Wednesday, 30 December 09
INDIA CEMENTS TO FINALIZE 3 SHIPMENTS OF SOUTH AFRICAN COAL NEXT WEEK
COALspot.com (India): India Cements is looking for 3 shipments (150,000MT) of South African coal for January – March 2010 delivery on C ...
Wednesday, 30 December 09
BANPU EXPECTS STABLE COAL PRICES
2009 revenue growth will be hard to beat
Banpu Plc, Asean's largest coal miner, expects coal prices to stay firm at about US$80 per tonne in the f ...
Wednesday, 30 December 09
CIL DELISTS JAGUAR ENERGY FOR KODA LINKS
Coal India Ltd (CIL) has dropped Indonesia-based Jaguar Energy & Power Ltd from the list of companies, it intended to forge partnerships with to ...
Wednesday, 30 December 09
COAL PRICE RISE REQUEST DENIED
A proposal by the Viet Nam National Coal and Mineral Industries Group to double the price of coal has been turned down by the Ministry of Industry a ...
Wednesday, 30 December 09
CHINA'S 2010 COAL DEMAND COULD RISE 4%-6%, ACCORDING TO CHINA SECURITIES JOURNAL
China, which is the world’s second-largest energy user, may consume between 4 and 6% more coal next year on continued economic growth, China S ...
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- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Minerals Council of Australia
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