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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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Thursday, 24 December 09
EUROSEAS LTD. ANNOUNCES TWO-YEAR TIME CHARTER AGREEMENT FOR PANAMAX BULK CARRIER
Euroseas Ltd., an owner and operator of drybulk carriers and container vessels and provider of seaborne transportation for dry bulk and containerize ...
Wednesday, 23 December 09
INDONESIA POWER CHIEF TO BUILD PLANTS OUTSIDE JAVA
Indonesia's state electricity firm plans to build new power plants outside Java island with a combined capacity of around 2,000 megawatts to resolv ...
Wednesday, 23 December 09
BUKIT ASAM SEES CHINA COAL DEMAND BOOST
* Rebound in prices to have pushed up 2009 revs
* To more than double Tarahan port capacity
Reuters reported that, Indonesian state-owned coal m ...
Wednesday, 23 December 09
MACARTHUR COAL OFFERS TO BUY RIVAL GLOUCESTER
Queensland-based Macarthur Coal will offer to buy fellow Australian Gloucester Coal, in a move to add two new mines and increase coal resources.
...
Tuesday, 22 December 09
CHINA CONTRACTED COAL PRICE FOR 2010 SEES SLIGHT INCREASE
A number of coal and power enterprises have concluded their annual power-coal supply contracts for 2010, and the contracted coal price saw slight in ...
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- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- The Treasury - Australian Government
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- White Energy Company Limited
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
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