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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, 30 November 09
INDIA UTILITIES MOVE TO COAL INDEX - PRICING
Indian state utilities are leading a switch to coal index-linked pricing from fixed prices to secure imports and to be visibly paying fair market pr ...
Monday, 30 November 09
RECAPITAL TO ACQUIRE BERAU COAL
Unlisted Indonesian coal producer Berau will redeem outstanding bonds before the acquisition by Recapital Advisers is completed by the end of this y ...
Friday, 27 November 09
IMPORTING LIGNITE INTO COAL RICH KOSOVO
Balkan Insight has discovered that one of Kosovo’s biggest firms is being forced to import lignite from Malaysia and Indonesia, despite estima ...
Friday, 27 November 09
SOUTH AFRICA STILL TOPS IN COAL EXPORT RANKINGS
Mining Weekly reported that, Despite significant coal-mining capacity recently discovered in the Southern African region, according to senior coal a ...
Friday, 27 November 09
BHP SEEKS VARIABLE COKING COAL PRICE IN JAPAN, NIKKEI SAYS
Bloomberg reproted that, BHP Billiton Ltd. has asked Japanese steelmakers to move to pricing of coking coal linked to spot rates rather than negotia ...
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- Posco Energy - South Korea
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- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
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- Timah Investasi Mineral - Indoneisa
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- Asmin Koalindo Tuhup - Indonesia
- TeaM Sual Corporation - Philippines
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- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
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- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
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- Malabar Cements Ltd - India
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- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
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- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
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- Jorong Barutama Greston.PT - Indonesia
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- GMR Energy Limited - India
- Commonwealth Bank - Australia
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- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
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- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- The Treasury - Australian Government
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
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- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
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- VISA Power Limited - India
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- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
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- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
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- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
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- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
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- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
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- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
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