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Coal Imports Rise 12% in September on Improved Consumption
Senin, 26 Oktober 2020 / 14:43 WIB
India's coal import rose 11.6% to 19.04 million tonnes in September on account of a recovery in consumption by thermal power plants and other industries as also helped by competitive prices in international markets.
The country imported 17.06 million tonnes of coal in September 2019, showed...
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Coal Finds a Surprising 2020 Bright Spot in Europe
Jumat, 16 Oktober 2020 / 16:25 WIB
Power plants started to burn more thermal coal over the summer and fall, responding to a steep rise in the price of natural gas
European coal prices have jumped to their highest level in almost a year, after a surge in natural-gas prices spurred demand for the cheaper fossil fuel.
Prices for...
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Angin Segar Omnibus Law, Pengusaha Batubara Bisa Bebas Bayar Royalti
Jumat, 16 Oktober 2020 / 16:03 WIB
Undang-Undang Omnibus Law Cipta Kerja memberikan angin segar bagi pengusaha batubara. UU Sapu Jagad tersebut memungkinkan penghapusan pembayaran royalti kepada negara dengan syarat harus meningkatkan nilai tambah batubara (hilirisasi).
Direktur Eksekutif Asosiasi Pertambangan Batu Bara...
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Ekspor Batu Bara ke Negara Berkembang Masih Menjanjikan
Jumat, 16 Oktober 2020 / 15:53 WIB
Asosiasi Pertambangan Batu Bara Indonesia (APBI) menilai ekspor batu bara ke negara-negara berkembang masih menjanjikan. Sebab, 80 persen dari pemintaan ekspor batu bara oleh Tiongkok, India, serta negara di kawasan Asia Tenggara cukup tinggi.
Direktur Eksekutif APBI...
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India’s August Coking Coal Imports Rebound from July
Jumat, 16 Oktober 2020 / 15:50 WIB
India's coking coal imports rebounded in August from a near two-year low in July as lockdown restrictions were gradually lifted in major cities, boosting steel sales.
India imported 3.17mn t of coking coal in August, which crossed the 3mn t mark for the first time in three months....
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Botswana plans to add 600 MW of coal-fired and solar power by 2026
Selasa, 01 September 2020 / 10:38 WIB
Botswana plans to add more 600 megawatts (MW) of solar and coal-fired power in the next six years as the country looks to wean itself off imports while also eyeing power exports, the minerals and energy minister said on Monday.
Botswana currently has national demand of 600 MW, but recurring...
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University of Wyoming adds partner in coal emission research
Selasa, 01 September 2020 / 10:37 WIB
The University of Wyoming announced that a utility company would partner with the School of Energy Resources to research how to burn coal with little to no carbon emissions. The department announced the partnership last Thursday. The company, Black Hills Energy, will help the school test a new...
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Indonesia eyes Vietnam as it seeks to diversify thermal coal exports
Kamis, 06 Agustus 2020 / 16:17 WIB
Indonesia, the world’s top exporter of thermal coal, is stepping up efforts to diversify sales of the fuel as shipments to top buyer India slump and with exports to China poised to slow.
Indonesia is using diplomatic channels to promote sales around the region, from Vietnam to Pakistan and...
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Japan yet to kick its reliance on coal
Senin, 03 Agustus 2020 / 15:57 WIB
How does a utility make money in the midst of one of the worst hits to power demand in modern history? By burning a little coal.
At least, that's what Kyushu Electric Power Co did. The utility in the southern Japanese island known for its beaches and active volcanoes surprised analysts...
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Coal imports rise to record levels
Jumat, 17 Juli 2020 / 12:33 WIB
Vietnam’s coal imports surged to a record high in the first half of the year, showing its rising reliance on coal-fired power plants.
They rose 53.8 percent year-on-year to 31.57 million tons, according to Vietnam Customs. The imports, mostly from Australia, Indonesia, and Russia, exceeded...
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Beijing may consider relaxing coal import curbs
Rabu, 15 Juli 2020 / 10:18 WIB
The Chinese government may consider relaxing curbs on imported thermal coal because domestic coal prices have been soaring and increased power demand is expected. Any relaxation of import constraints could support imported coal prices.
China's top economic planning agency the NDRC held an...
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China urges coal miners to boost output ahead of summer power use
Selasa, 14 Juli 2020 / 14:52 WIB
China’s central state planner urged miners to boost domestic coal output and storage to ensure sufficient energy supplies during the peak summer season, while asking local authorities to maintain coal import restrictions.
The moves came on Thursday in a meeting called by the state planner,...
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Indonesia’s coal reserves rise
Jumat, 10 Juli 2020 / 12:14 WIB
Indonesia's coal reserves have increased slightly as of the end of 2019, meaning that if annual production remains at around current levels the reserves will last until 2090, the country's energy ministry said.
Total coal reserves in the country as of the end of 2019 stood at 37.56bn t,...
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Japan Promotes ‘Clean’ Coal in the Battle Against Climate Change
Kamis, 09 Juli 2020 / 08:57 WIB
Japan’s government has announced it will phase out 90 percent of the country’s old and inefficient coal-fired power generators, alongside the construction of “cleaner” high efficiency coal power by 2030. Minister for Economy, Trade, and Industry (METI) Hiroshi Kajiyama said...
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Despite cutback plan, Japan maintains stance of relying on coal
Rabu, 08 Juli 2020 / 11:41 WIB
The Ministry of Economy, Trade and Industry on July 3 announced plans to minimize power generation from low-efficiency coal-fired power plants that release large amounts of carbon dioxide by fiscal 2030.
The growing global trend away from coal is finally prodding the slow-moving government into...
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Asian coal demand fills the gap left by Japan and Europe
Selasa, 07 Juli 2020 / 12:25 WIB
Coal’s demise as a significant backbone to the global dry bulk trades is not coming any time soon, new research from Arrow Shipbroking clearly shows.
News carried by Splash on Friday that Japan, the world’s third largest coal importer, will shutter 100 of...
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Indonesia’s APBI asks ESDM to cut coal output: Update
Kamis, 02 Juli 2020 / 11:23 WIB
The Indonesian coal mining association (APBI) has asked the country's energy ministry (ESDM) to reduce mining companies' output because of weaker demand and prices, with the group forecasting that Covid-19 will cut demand for Indonesian coal by around 85mn t this year.
The ESDM...
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Korea's Kepco Moves Ahead With Controversial Coal Investment
Rabu, 01 Juli 2020 / 14:51 WIB
Korea Electric Power Corp. approved a plan to participate in an Indonesian coal power project despite mounting global pressure to move away from the most-polluting fossil fuel.
The board of directors on Tuesday cleared the $51 million purchase of a 15% stake in the joint-venture developing the...
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Japan's Iino Lines commissions coal carrier for J-Power
Selasa, 30 Juni 2020 / 10:53 WIB
Japanese shipping firm Iino Lines has commissioned a new bulk carrier to transport thermal coal to electricity wholesaler J-Power's coal-fired power generation plants in the country.
Iino Lines took delivery of the 84,854dwt Camellia Island yesterday. The new carrier was built by Japan's...
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China has 250 GW of coal-fired power under development - study
Senin, 29 Juni 2020 / 10:24 WIB
SHANGHAI, June 25 (Reuters) - China has nearly 250 gigawatts (GW) of coal-fired power now under development, more than the entire coal power capacity of the United States, a new study said on Thursday, casting doubt on the country’s commitments to cutting fossil fuel use.
Beijing has vowed...
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Indonesian producer body seeks deep coal output cuts
Jumat, 26 Juni 2020 / 10:10 WIB
The Indonesian Coal Mining Association (APBI) has asked its members to cut output by 40mn-50mn t during June-December to prevent a freefall in prices. The group expects exports to fall by up to 60mn t in a "challenging" 2020 owing to a lull in demand from China and India.
The...
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South Korean coal burn more resilient than gas
Kamis, 25 Juni 2020 / 09:36 WIB
South Korean state-owned gas supplier Kogas' sales to the power sector collapsed in May, suggesting that coal burn was robust in the face of lower overall demand, assisted by its cost advantage.
Kogas' LNG sales fell by 510,000t on the year to 1.6mn t in May, company figures show. This...
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COVID-19 Could Cause A Boom In Coal Power
Selasa, 23 Juni 2020 / 09:54 WIB
COVID-19 has not only impacted the energy industry’s revenues but also its infrastructure development.
The delay of new natural gas facilities means that many countries, such as Vietnam, will have to rely on coal-generated power to make up the shortfall.
The case study of Vietnam shows...
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PH coal consumption climbs
Senin, 22 Juni 2020 / 11:40 WIB
With the commercial commissioning of new power plants, the country’s consumption of coal fuel last year jumped to 33.121 million metric tons (MT), which is 9.3-percent higher than the 30.836 million MT usage in 2018.
Of the total Philippine coal utilization, 28.654 million MT went to power...
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China curbs coal imports after 5 months of record inflows - sources
Jumat, 19 Juni 2020 / 11:39 WIB
China has stepped up customs checks for coal imports, leading to lengthy processing delays at ports, four sources familiar with the matter said, as the country seeks to bolster the domestic coal industry.
China is curbing coal arrivals through import quotas and quality restrictions on downstream...
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PLN books $2.8b loss in Q1 amid weakening rupiah
Rabu, 17 Juni 2020 / 11:05 WIB
State-owned electricity company PLN’s bottom line has plunged into the negative in this year’s first quarter after the rupiah exchange rate fell to a record low in March.
PLN booked a net loss Rp 38.9 trillion (US$2.76 billion) in the January to March period, down from a net profit...
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China Likely to Ease Coal Mine Closures to Meet Surging Demand
Selasa, 16 Juni 2020 / 09:16 WIB
China will likely ease the pressure on local governments to shut older, inefficient coal mines as it seeks to meet rising demand of the most-polluting fuel to spur its economic recovery.
Government officials are in the midst of preparing the country’s all-important five-year-plan, the...
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The pandemic has everyone ditching coal quicker — except Asia
Jumat, 12 Juni 2020 / 10:01 WIB
While the coronavirus pandemic is accelerating the death of coal in developed nations, the dirtiest fossil fuel is alive and kicking in Asia.
Demand for electricity plunged — and with it the need for coal — as factories around the world sat dormant and people spent months at home. In...
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Chinese consortium to reconstruct Montenegro's only coal power plant
Rabu, 10 Juni 2020 / 10:25 WIB
BELGRADE, June 9 (Xinhua) -- State utility Electric Power Industry of Montenegro (EPCG) signed an agreement on Tuesday with a consortium spearheaded by China's Dongfang Electric Corporation (DEC) on the reconstruction of Montenegro's only coal power plant built in 1982.
The agreement on...
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Japan turns to coal as COVID-19 delays solar projects June 8, 2020 0
Selasa, 09 Juni 2020 / 09:23 WIB
In the wake of the COVID-19, electricity demand in Japan has dropped and power prices have declined. The electricity sector is further impacted by ongoing economic contraction, delays in the shipment of photovoltaic (PV) modules from China, and low nuclear availability.
These factors are leading...
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Asia's pandemic stimulus may slow the demise of coal
Selasa, 26 Mei 2020 / 15:14 WIB
SINGAPORE (Reuters) - Coal power plant construction will push ahead in Asia despite falling electricity demand and environmental concerns as policymakers prioritise boosting economies crippled by the coronavirus pandemic, analysts say.
Fossil fuel demand will plummet this year as lockdowns sap...
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JBIC muddies comments from chief on ending coal finance
Rabu, 06 Mei 2020 / 12:40 WIB
TOKYO (Reuters) - Japan’s government-owned export credit agency said it has not changed its policy on financing coal power plants, muddying a message from the bank’s head that environmental groups had hailed as a major shift on the polluting fuel.
The Japan Bank for International...
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Coal mining giant Bumi records 97 percent plunge in profit
Jumat, 03 April 2020 / 19:22 WIB
Indonesia’s largest thermal coal miner, PT Bumi Resources, booked a US$6.84 million profit in 2019, down 97 percent from $220.4 million in the previous year partly due to falling coal prices and higher fuel-related costs.
The publicly listed company’s revenue only increased 0.06...
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Indonesia’s Bayan halts coal output at subsidiaries
Senin, 30 Maret 2020 / 20:38 WIB
Indonesian coal producer Bayan Resources is to halt production at two of its mining subsidiaries until 30 April as a precautionary measure amid the global coronavirus pandemic.
Its Tabang and Fajar Sakti Prima subsidiaries operate mines in Indonesia's east Kalimantan province and produce a...
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Anglo American expects South African lockdown to hit iron ore and coal
Jumat, 27 Maret 2020 / 17:40 WIB
LONDON (Reuters) - Anglo American expects output at its Kumba Iron Ore mine in South Africa to fall by up to 3 million tonnes in 2020 because of a 21-day lockdown and coal export production to be up to 2 million tonnes lower, it said on Friday.
The London-listed miner also lowered output of...
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China’s cement prices rise as coal demand recovers
Rabu, 25 Maret 2020 / 17:04 WIB
Rising cement prices in several Chinese regions signal that the recovery in the sector is picking up pace, which could boost coal demand with the industry being a large-scale consumer.
An increase in economic activity has also pushed the combined daily coal consumption at key Chinese coastal...
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Malaysia coal-fired generation falls on virus shutdowns
Senin, 23 Maret 2020 / 17:06 WIB
Power demand in Malaysia has fallen sharply over the past week because of businesses closures intended to slow the spread of coronavirus, with coal-fired generation making up most of the reduction.
Coal-fired generation averaged 7.1GW today, down from 11GW a week earlier. Gas-fired generation...
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China’s benchmark power coal price drops slightly
Jumat, 20 Maret 2020 / 17:36 WIB
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China’s major ports, stood at 555 yuan (about 79 U.S. dollars) per tonne Wednesday, a drop of three yuan week on week, according to...
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U.S. coal exports declined in 2019
Kamis, 19 Maret 2020 / 18:42 WIB
In 2019, U.S. coal exports declined to 93 million short tons (MMst), a 20% decrease from the previous year, according to the U.S. Energy Information Administration’s Annual Coal Report. The United States exports metallurgical coal and steam coal, and exports of both decreased in 2019. U.S....
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Coal beats gold (and other commodities) amid coronavirus gloom
Rabu, 18 Maret 2020 / 18:40 WIB
Amid carnage in the oil markets, and sharp losses for other commodities such as copper, you may be tempted to think gold is the best option for a positive return. But coal beats the metal.
Coal’s image is increasingly that of a pariah fuel, demonised by environmentalists and shunned by...
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