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Coal Imports Rise 12% in September on Improved Consumption

October 26, 2020, 2:43 pm

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...

Coal Finds a Surprising 2020 Bright Spot in Europe

October 16, 2020, 4:25 pm

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...

Angin Segar Omnibus Law, Pengusaha Batubara Bisa Bebas Bayar Royalti

October 16, 2020, 4:03 pm

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...

Growing Global Pressure to Phase Out Coal, but Green Alternatives are Uncertain

October 16, 2020, 3:59 pm

Since the 2011 accident at Fukushima Daiichi Nuclear Power Station, Japan has increased its dependence on coal. Meanwhile, Europe is accelerating its decarbonization efforts, and US policies may also become greener, depending on the result of the upcoming presidential election. What path should...

Ekspor Batu Bara ke Negara Berkembang Masih Menjanjikan

October 16, 2020, 3:53 pm

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...

India’s August Coking Coal Imports Rebound from July

October 16, 2020, 3:50 pm

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....

Botswana plans to add 600 MW of coal-fired and solar power by 2026

September 1, 2020, 10:38 am

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...

University of Wyoming adds partner in coal emission research

September 1, 2020, 10:37 am

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...

Indonesia eyes Vietnam as it seeks to diversify thermal coal exports

August 6, 2020, 4:17 pm

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...

Japan yet to kick its reliance on coal

August 3, 2020, 3:57 pm

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...

Coal imports rise to record levels

July 17, 2020, 12:33 pm

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...

Beijing may consider relaxing coal import curbs

July 15, 2020, 10:18 am

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...

China urges coal miners to boost output ahead of summer power use

July 14, 2020, 2:52 pm

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,...

Indonesia’s coal reserves rise

July 10, 2020, 12:14 pm

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,...

Japan Promotes ‘Clean’ Coal in the Battle Against Climate Change

July 9, 2020, 8:57 am

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...

Despite cutback plan, Japan maintains stance of relying on coal

July 8, 2020, 11:41 am

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...

Asian coal demand fills the gap left by Japan and Europe

July 7, 2020, 12:25 pm

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...

Indonesian coal miners to cut 50 million tons of production due to weak prices

July 3, 2020, 10:58 am

Miners in Indonesia, the world’s top coal exporting country, have decided to cut domestic production by 50 million tons this year in their bid to increase global coal prices, which have been falling during the health crisis. The Indonesian Coal Mining Association (APBI) has...

Indonesia’s APBI asks ESDM to cut coal output: Update

July 2, 2020, 11:23 am

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...

Korea's Kepco Moves Ahead With Controversial Coal Investment

July 1, 2020, 2:51 pm

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...

Japan's Iino Lines commissions coal carrier for J-Power

June 30, 2020, 10:53 am

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...

China has 250 GW of coal-fired power under development - study

June 29, 2020, 10:24 am

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...

Indonesian producer body seeks deep coal output cuts

June 26, 2020, 10:10 am

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...

South Korean coal burn more resilient than gas

June 25, 2020, 9:36 am

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...

State government banking on coal exports as world chases Paris targets

June 24, 2020, 10:08 am

The state government is banking on global coal demand defying the Paris climate goals of slashing carbon emissions, predicting instead only a marginal cut in consumption of the fossil fuel by mid-century. According to the government's new Strategic Statement on Coal Exploration and Mining,...

COVID-19 Could Cause A Boom In Coal Power

June 23, 2020, 9:54 am

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...

PH coal consumption climbs

June 22, 2020, 11:40 am

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...

China curbs coal imports after 5 months of record inflows - sources

June 19, 2020, 11:39 am

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...

Supreme Court rejects KPK's appeal against not-guilty verdict for former PLN chief

June 18, 2020, 2:49 pm

The Supreme Court on Tuesday turned down an appeal filed by the Corruption Eradication Commission (KPK) against a not-guilty verdict given to the former president director of state-run electricity company PLN, Sofyan Basir. Last year, the Jakarta Corruption Court...

PLN books $2.8b loss in Q1 amid weakening rupiah

June 17, 2020, 11:05 am

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...

China Likely to Ease Coal Mine Closures to Meet Surging Demand

June 16, 2020, 9:16 am

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...

PM Modi To Launch Auction For Commercial Coal Mining On 18 June

June 15, 2020, 11:38 am

by IANS - Jun 14 2020, 8:45 am In a big reform initiative aimed at attracting global investment in the mining sector, the government proposes to start auction of coal mines for commercial extraction by private sector from 18 June. Prime Minister Narendra Modi will...

The pandemic has everyone ditching coal quicker — except Asia

June 12, 2020, 10:01 am

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...

Coal miner Bukit Asam to disburse ‘biggest payout ratio' in company history

June 11, 2020, 12:06 pm

Coal mining heavyweight PT Bukit Asam is set to pay Rp 3.65 trillion (US$258.7 million) in dividends — claimed as the biggest payout ratio in the company's history — to its shareholders, mainly its heavily indebted parent company, MIND.ID. The dividends amounted to 90...

Chinese consortium to reconstruct Montenegro's only coal power plant

June 10, 2020, 10:25 am

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...

Japan turns to coal as COVID-19 delays solar projects June 8, 2020 0

June 9, 2020, 9:23 am

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...

Energy ministry rejects miners' request for relaxation on coal royalties

June 9, 2020, 9:20 am

The Energy and Mineral Resources Ministry has expressed its opposition to granting Indonesian coal miners’ request to relax coal royalty payments amid the COVID-19 pandemic. The ministry’s director for non-tax state revenue of coal and minerals, Johnson Pakpahan, said on Friday that...

Asia's pandemic stimulus may slow the demise of coal

May 26, 2020, 3:14 pm

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...

Lockdown: Thermal coal imports slump 30% to 7.8 MT in April

May 26, 2020, 3:08 pm

New Delhi, May 25 (PTI) Amid the COVID-19 pandemic, thermal coal imports at India''s 12 major ports saw a 30.46 per cent plunge at 7.8 million tonnes (MT) in the first month of the current fiscal, as per the ports body IPA. These Centre-owned ports had handled 11.27 MT of thermal coal in...

JBIC muddies comments from chief on ending coal finance

May 6, 2020, 12:40 pm

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...

Coal mining giant Bumi records 97 percent plunge in profit

April 3, 2020, 7:22 pm

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...

Indonesia’s Bayan halts coal output at subsidiaries

March 30, 2020, 8:38 pm

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...

Anglo American expects South African lockdown to hit iron ore and coal

March 27, 2020, 5:40 pm

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...

S.Korea Q1 thermal coal imports set for 10-yr low on anti-pollution measures

March 26, 2020, 5:10 pm

SEOUL, March 26 (Reuters) - South Korea’s first-quarter thermal coal imports are set to fall to a decade-low due to stricter air pollution measures, while the coronavirus outbreak has reduced the country’s demand for electricity. South Korea, the world’s No.4 coal importer, is...

China’s cement prices rise as coal demand recovers

March 25, 2020, 5:04 pm

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...

Malaysia coal-fired generation falls on virus shutdowns

March 23, 2020, 5:06 pm

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...

China’s benchmark power coal price drops slightly

March 20, 2020, 5:36 pm

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...

U.S. coal exports declined in 2019

March 19, 2020, 6:42 pm

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....

Coal beats gold (and other commodities) amid coronavirus gloom

March 18, 2020, 6:40 pm

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...

Energy Ministry may lower coal production target as Chinese demand falls

March 16, 2020, 6:54 pm

The Energy and Mineral Resources (ESDM) Ministry is considering lowering the coal production target this year as demand from China has shown a significant decline since the start of the outbreak of the novel coronavirus in the country late last year, a senior ministry official has said. The...

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