Energie« Terug naar discussie overzicht

1. voda 9 augustus 2023 08:20

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 21 nov 2024

   •    Aanbevelingen

     Ontvangen: 89687

     Gegeven: 22199

   •    Aantal posts: 377.958

   India's Coking Coal Import Surge
   By Strategic Research Institute on Aug 09, 2023 10:46 am
   
   In the maritime tapestry of India's trade currents, a noteworthy surge unfolds, as coking coal import traffic, akin to a maritime caravan laden with the black gold of industry, navigates the portscape. In the inaugural trimester of the current fiscal year, the fiscal compass points northward, recording a resounding ascent of 10.46%, a crescendo of growth that resonates as a testament to the nation's industrial mettle.
   
   The ledger of maritime commerce reveals its tale, the provisional estimation of coking coal's ingress through India's major ports, a canvas painted with a figure emblematic of opulence, stands at an impressive 20.162 million metric tons.
   
   In July coking coal totaled 5.175 million metric tons, up from 4.867 million metric tons in June
2. voda 29 augustus 2023 16:37

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 21 nov 2024

   •    Aanbevelingen

     Ontvangen: 89687

     Gegeven: 22199

   •    Aantal posts: 377.958

   Ach ja, en wij maar op iedere kilo CO2 besparen...
   
   Aantal kolencentrales in China blijft rap groeien
   
   Vandaag, 11:56 in FINANCIEEL
   
   BEIJING (ANP) - China blijft de komende jaren in hetzelfde tempo kolencentrales bijbouwen, ondanks het voornemen van de regering om het steenkoolgebruik vanaf 2025 langzaam te gaan afbouwen. In de eerste helft van dit jaar gaf het land vergunningen uit die opgeteld 52 gigawatt aan nieuwe kolenstroom mogelijk maken, melden twee internationale kenniscentra op het gebied van energie. Dat komt neer op twee vergunningen voor kolencentrales per week.
   
   Voor meer, zie link.
   
   www.telegraaf.nl/financieel/120681906...
3. voda 1 december 2023 11:06

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 21 nov 2024

   •    Aanbevelingen

     Ontvangen: 89687

     Gegeven: 22199

   •    Aantal posts: 377.958

   ’Werken in Oost-Europa is een verademing’
   Amsterdamse leverancier biokolen wil naar VS: ’Subsidies daar aantrekkelijker’
   THEO BESTEMAN
   
   Aangepast: 1 uur geleden Vandaag, 06:00 in FINANCIEEL
   
   AMSTERDAM - Het Nederlandse Perpetual Next, dat uit houtafval zogeheten biokolen maakt, verplaatst zijn hoofdzetel wellicht van Amsterdam naar de Verenigde Staten. Het bestuur wijst op het veel gunstiger Amerikaanse vestigingsklimaat voor ondernemers.
   
   Daar zijn subsidieprogramma’s voor duurzame activiteiten gunstiger. In de Amerikaanse staat Delaware is net het hoofdkantoor voor alle activiteiten in Noord- en Zuid-Amerika gebouwd. In Tampa in Florida kijkt Perpetual Next naar een locatie voor de productie van biokolen. Daarvoor heeft het vergevorderde plannen, aldus het bestuur, geleid door Erik Huis.
   
   Voor meer, zie link:
   
   www.telegraaf.nl/financieel/201776698...
4. voda 28 december 2023 07:44

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 21 nov 2024

   •    Aanbevelingen

     Ontvangen: 89687

     Gegeven: 22199

   •    Aantal posts: 377.958

   China's 2024 Tariff Impact on Coking Coal
   By Strategic Research Institute on Dec 28, 2023 10:42 am
   
   Synopsis:
   
   China plans to reintroduce a 3% import tariff on metallurgical coal starting January 1, 2024, following a zero-duty phase since May 2022. While coal imports from Australia and ASEAN remain untaxed, this change might affect coking coal imports from Russia and Mongolia. Market observers expect minimal impact on these nations due to competitive pricing and limited local supply but anticipate potential price rises and reduced supplier margins.
   
   Article:
   
   China's Tariff Commission of the State Council recently announced the reinstatement of a 3% import tariff on metallurgical coal effective from January 1, 2024. Notably, since May 1, 2022, China has maintained a zero provisional import duty rate, an initiative set to conclude on December 31, 2023. Coal imports from Australia and ASEAN countries will continue to enjoy a zero tariff under the respective free trade agreements.
   
   Despite this shift, experts foresee some repercussions for coking coal imports from Russia and Mongolia. As imports from these nations, outside Indonesia and Australia, constituted a significant portion this year, the tariff reinstatement might initially impact trade dynamics. However, the prevailing price competitiveness and limited local coking coal supply in China may mitigate substantial disturbances from this change. Nonetheless, expectations linger for potential price hikes and diminished supplier margins.
   
   The imposition of tariffs could significantly impact the supply of premium coking coal from North America. Australia might gain a competitive edge in this scenario, especially considering the constraints in accessing premium grades within the Chinese market, amplified by recent mine inspections following fatal accidents. These regulatory measures are expected to negatively affect overall coking coal availability in 2024.
   
   Conversely, the demand for coking coal might witness an upswing, potentially driving prices higher in the upcoming year. Meanwhile, China's stance on coke imports remains unchanged, maintaining a zero import tariff throughout 2024.
   
   Conclusion:
   
   China's decision to reintroduce a 3% import tariff on metallurgical coal in 2024 may steer dynamics within the global coal market. While expected impacts on Russian and Mongolian coal imports remain relatively subdued due to competitive pricing and limited local supply, the restructured trade landscape might lead to fluctuations in prices and supplier margins. Furthermore, the stricter regulatory measures in accessing premium coal from North America may further compound supply constraints, influencing market dynamics in the forthcoming year.
   
   Bron Steelguru (via email)
5. voda 9 januari 2024 08:21

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 21 nov 2024

   •    Aanbevelingen

     Ontvangen: 89687

     Gegeven: 22199

   •    Aantal posts: 377.958

   Demanding Banks End Metallurgical Coal Support
   By Strategic Research Institute on Jan 09, 2024 09:08 am
   
   Synopsis
   
   Over 67 organizations urge the world's leading banks to cease financial backing for new metallurgical coal ventures. Led by BankTrack and Reclaim Finance, they advocate for an end to standard practices, highlighting the detrimental climate impact and urging a swift transition to sustainable steel production methods.
   
   Article
   
   A coalition of 67 organizations, spearheaded by BankTrack and Reclaim Finance, is challenging 50 major banks globally to abandon financial support for new metallurgical coal production and expansions. This collective push aims to disrupt prevalent banking practices that facilitate the steel industry's reliance on metallurgical coal, a significant contributor to climate change.
   
   Metallurgical coal constitutes 14% of the global coal market, primarily fueling steel production through its conversion into coke. This material plays a vital role in primary steelmaking but has raised concerns due to its environmental impact.
   
   Julia Hovenier of BankTrack emphasized the urgency of transitioning away from metallurgical coal, citing its adverse implications for both the steel industry and climate change. Financial institutions, she argues, must adopt policies to curb the expansion of metallurgical coal to prevent exacerbating the climate crisis and potential stranded assets.
   
   While several banks have policies against thermal coal, only nine have taken a stance against metallurgical coal. Shockingly, these major banks have collectively provided $557 billion to the top 50 developers in the metallurgical coal sector since 2016.
   
   The International Energy Agency's projections indicate that current mining capacities suffice for coking coal demand until 2050. However, plans to expand production to 406 metric tons per year, over a third of 2021's total consumption, pose sustainability challenges, as reported by the Sierra Club.
   
   The open letter calls on banks to discontinue financial services for metallurgical coal projects, including mines' development or expansion. It insists on a commitment to cease services to companies without clear plans aligned with climate goals for closure and sustainable transition, emphasizing the criticality of moving away from coal for emissions reduction.
   
   Conclusion:
   
   The mounting pressure from a coalition of organizations on global banks reflects a growing consensus on the urgent need to pivot away from metallurgical coal. This concerted effort aims to compel financial institutions to align their practices with climate goals and drive the steel industry towards sustainable and low-carbon alternatives.
6. voda 29 april 2024 21:39

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 21 nov 2024

   •    Aanbevelingen

     Ontvangen: 89687

     Gegeven: 22199

   •    Aantal posts: 377.958

   G7-deal over sluiting van kolencentrales, ook zorg om wereldwijde plasticvervuiling
   Aangepast: 9 min geleden 11 min geleden in FINANCIEEL
   
   TURIJN (ANP/AFP) - De landen van de G7 hebben een akkoord gesloten over het sluiten van kolencentrales in „de eerste helft van het volgende decennium.”
   
   Dat bevestigde de Britse energieminister Andrew Bowie tegenover Amerikaanse media in Turijn, waar de industriële grootmachten de Verenigde Staten, Canada, het Verenigd Koninkrijk, Duitsland, Japan, Italië en Frankrijk twee dagen bijeen zijn. Bowie noemde het akkoord „historisch.”
   
   Voor meer, zie link:
   
   www.telegraaf.nl/financieel/198771259...
7. voda 2 juli 2024 09:50

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 21 nov 2024

   •    Aanbevelingen

     Ontvangen: 89687

     Gegeven: 22199

   •    Aantal posts: 377.958

   Import Russische steenkool vrijwel tot stilstand gekomen
   REDACTIE DFT
   
   3 uur geleden in FINANCIEEL
   
   AMSTERDAM - De import van Russische steenkool naar Nederland is drastisch verminderd, maar niet volledig gestopt. CBS-cijfers over 2023 tonen dat de invoer uit Rusland daalde met 900 miljoen kilo tot 11 miljoen kilo.
   
   Sinds 2022 geldt er een embargo op Russische steenkool. In 2020, twee jaar voor de Russische inval in Oekraïne, was nog ruim de helft afkomstig uit Rusland. Dit meldt het CBS dinsdag op basis van voorlopige cijfers.
   
   Voor meer, zie link:
   
   www.telegraaf.nl/financieel/608697449...
8. voda 6 juli 2024 12:23

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 21 nov 2024

   •    Aanbevelingen

     Ontvangen: 89687

     Gegeven: 22199

   •    Aantal posts: 377.958

   Glencore's $6.9 Billion Acquisition of Teck Resources Coal Business Approved
   
   Synopsis: Canada has approved Glencore's acquisition of Teck Resources' coal business, Elk Valley Resources, for $6.9 billion. Glencore will acquire a 77% stake, while Nippon Steel and POSCO will retain minority shares. The deal includes commitments to reinvest in Teck's copper portfolio and maintain environmental and employment standards.
   
   Updated on :
   Saturday, July 6, 2024
   
   Canada has approved the acquisition of Teck Resources' metallurgical coal business, Elk Valley Resources, by Swiss commodity trader Glencore for $6.9 billion. This approval marks a significant move in the global mining and commodities trading industry, with Glencore set to acquire a 77% stake in the business. Steel companies Nippon Steel and POSCO, which already hold minority stakes in Teck's coal mines, will retain their shares.
   
   Industry Minister François-Philippe Champagne emphasized the strategic importance of the deal, highlighting Teck’s commitment to reinvest a substantial portion of the revenue into its copper portfolio. This reinvestment aims to position Teck Resources as a leader in the critical minerals sector, crucial for the growing demand for renewable energy technologies and electric vehicles.
   
   Voor meer, zie link:
   
   www.oreaco.com/steel/glencores-6-9-bi...
9. voda 7 augustus 2024 21:11

   auteur info

   •    voda

     Lid sinds: 02 dec 2005

     Laatste bezoek: 21 nov 2024

   •    Aanbevelingen

     Ontvangen: 89687

     Gegeven: 22199

   •    Aantal posts: 377.958

   Waarom mijnbouwreus ’vieze’ winning steenkolen toch behoudt: ’Gezond verstand zegeviert’
   Theo Besteman
   
   Vandaag, 15:21 in Financieel
   
   Amsterdam - Mijnbouwconglomeraat Glencore heeft zijn vergevorderde plannen opgegeven om alle steenkoolactiviteiten af te splitsen. Aandeelhouders van deze grootste verwerker van steenkolen verzetten zich.
   
   Steenkolen behoren tot de meest winstgevende activiteiten bij de grondstoffenhandelaar Glencore. De wereldwijde vraag naar steenkool zit op recordniveau. Vooral India en China zijn grote afnemers, momenteel stijgt de Chinese import met 11% op jaarbasis.
   
   Voor meer, zie link:
   
   www.telegraaf.nl/financieel/699616946...
10. voda 31 augustus 2024 10:58

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 21 nov 2024

    •    Aanbevelingen

      Ontvangen: 89687

      Gegeven: 22199

    •    Aantal posts: 377.958

    Coal Demand Stays Stable Amid Renewables Surge: IEA’s 2024 Forecast
    
    Synopsis: The International Energy Agency projects global coal demand to remain steady through 2024 and 2025. This stability persists despite rapid growth in renewables and recovering hydropower, largely due to surging electricity demand in major economies like China and India. The IEA report also highlights ongoing shifts in coal production, trade, and consumption patterns across the globe.
    Saturday, August 31, 2024
    
    In its latest report, the International Energy Agency reveals that global coal demand is expected to remain largely stable through 2024 and 2025, despite a significant expansion in renewable energy sources and a gradual recovery in hydropower. The report underscores a paradox in the global energy landscape: while renewables like solar and wind are rapidly advancing, the continued growth in electricity demand, particularly in key economies, is sustaining coal consumption at high levels.
    
    The IEA's update highlights that coal usage reached an all-time high in 2023, increasing by 2.6% from the previous year. This surge was primarily driven by robust coal consumption in China and India, the world’s two largest coal consumers. The rise in coal demand was notably influenced by a gap created by low hydropower output coupled with escalating electricity needs. China, which accounts for over half of the world's coal consumption, experienced a notable increase in electricity demand, forecasted to rise by 6.5% in 2024. Although hydropower generation in China is rebounding and renewable energy deployment is accelerating, these factors are not sufficient to reverse the trend of high coal consumption.
    
    Voor meer, zie link:
    
    www.oreaco.com/steel/coal-demand-stay...
11. voda 10 september 2024 09:18

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 21 nov 2024

    •    Aanbevelingen

      Ontvangen: 89687

      Gegeven: 22199

    •    Aantal posts: 377.958

    April-August 2024: India's Coking Coal Imports Surge
    
    Synopsis: India's coking coal imports through major ports decreased slightly to 25.30 million metric tons during April-August 2024-25, according to the Indian Ports Association.
    Tuesday, September 10, 2024
    
    In a significant development for India's steel industry, recent data from the Indian Ports Association has revealed a notable increase in coking coal imports through the country's major ports. This uptick in import volumes highlights the ongoing importance of coking coal in India's industrial landscape and provides insights into the current state of the steel sector.
    
    According to the provisional data released by the IPA on Monday, September 9, 2024, India's coking coal import traffic through all major ports reached an impressive 25.30 million metric tons during the April-August period of the fiscal year 2024-25.
    
    Voor meer, zie link:
    
    www.oreaco.com/steel/april-august-202...
12. voda 27 september 2024 10:06

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 21 nov 2024

    •    Aanbevelingen

      Ontvangen: 89687

      Gegeven: 22199

    •    Aantal posts: 377.958

    Record-Breaking Coal Auction: BCCL's Strategic Success in Steel Sector**
    
    Synopsis:** Bharat Coking Coal Ltd, a subsidiary of Coal India, successfully booked 2.40 million metric tons of coking coal for the steel industry. This achievement highlights the effectiveness of BCCL's inclusive and transparent auction process, crucial for supporting India's steel manufacturing through the blast furnace route.
    Friday, September 27, 2024
    
    Bharat Coking Coal Ltd, a key arm of Coal India, has marked a significant milestone in its efforts to support the steel industry. In a recent auction, BCCL successfully booked 2.40 million metric tons of coking coal out of the 3.36 million metric tons offered. This achievement underscores the importance of coking coal as a vital raw material for steel production via the blast furnace method, a crucial process in the manufacturing sector.
    
    The auction, conducted under the long-term linkage e-auction mode, represents the seventh tranche dedicated to the steel sub-sector. The outcome of this auction is a testament to BCCL's strategic approach in making the auction process more inclusive and transparent. Samiran Dutta, the Chairman and Managing Director of BCCL, emphasized that these efforts have significantly paid off, setting a new benchmark in coal bookings.
    
    Voor meer, zie link:
    
    www.oreaco.com/steel/record-breaking-...
13. voda 30 september 2024 11:08

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 21 nov 2024

    •    Aanbevelingen

      Ontvangen: 89687

      Gegeven: 22199

    •    Aantal posts: 377.958

    Thermal Coal: A Carboniferous Cacophony of Climatic Contretemps
    
    The global thermal coal market has been experiencing significant fluctuations recently. The price of coal, as measured by Newcastle coal futures, has rebounded to $140 per metric ton. This increase comes after the price hit a seven-week low of $137 per metric ton on September 16th. These price movements reflect the complex interplay of various factors affecting coal supply and demand worldwide.
    
    In China, the world's largest coal consumer, several factors have combined to push coal prices higher. Heavy rains in coal-producing regions have slowed down production, reducing the available supply. Additionally, there's been an increase in safety inspections at coal mines. These inspections, while necessary for worker safety, can temporarily reduce coal output. Another factor is the upcoming national holidays in China from October 1-7, which typically lead to increased consumer demand for energy. People tend to use more electricity during holidays for travel, shopping, and other activities. Lastly, maintenance work on several important railroad lines in Shanxi province, a key coal-producing region, has disrupted coal transportation. Shanxi is responsible for producing hundreds of millions of metric tons of coal annually, so any disruption there can have significant impacts on the market.
    
    The situation in Russia, another major coal producer, is also affecting global coal prices. In the first half of 2023, investments by Russian coal companies fell by 4.4%. This marks the first six-month decline in investments since 2020. Reduced investment often leads to decreased production capacity. While exact figures aren't provided, Russia typically produces around 440 million metric tons of coal per year. Even a small percentage decrease in this production can mean millions of tons less coal available on the global market.
    
    On the other hand, there are factors putting downward pressure on coal prices, particularly in Europe. The increasing share of renewable energy in Europe's power mix is reducing the demand for coal. Germany, Europe's largest economy, provides a striking example of this trend. In a recent week, renewable energy sources accounted for 70% of Germany's power mix, up from 61% the previous week. This shift towards renewables means less coal is being burned for electricity generation. Germany has been reducing its coal consumption in recent years, from about 151 million metric tons in 2018 to around 107 million metric tons in 2021.
    
    These conflicting trends create a complex picture for the global coal market. On one side, production issues in major coal-producing countries like China and Russia are limiting supply, which tends to push prices up. On the other side, the increasing use of renewable energy in major economies like Germany is reducing demand for coal, which puts downward pressure on prices. The current price of $140 per metric ton reflects a balance between these opposing forces.
    
    Looking ahead, the coal market remains subject to various uncertainties. Weather conditions in coal-producing regions, government policies regarding both coal production and renewable energy, and global economic trends will all play roles in determining future coal prices. For instance, if China's coal production rebounds after the current challenges, it could increase global supply and potentially lower prices. Conversely, if more countries accelerate their shift towards renewable energy, it could further reduce coal demand and prices in the long term.
14. voda 3 oktober 2024 08:16

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 21 nov 2024

    •    Aanbevelingen

      Ontvangen: 89687

      Gegeven: 22199

    •    Aantal posts: 377.958

    Australia's Metallurgical Coal Exports Face Turbulent Tides Amid Global Shifts
    
    Synopsis: The Australian Department of Industry, Science and Resources forecasts a decline in metallurgical coal export earnings from A$54 billion to A$42 billion by 2025-26. Price volatility and supply challenges are expected to impact the industry.
    Thursday, October 3, 2024
    
    In a recent quarterly outlook report, the Australian Department of Industry, Science and Resources has projected a significant downturn in the country's metallurgical coal export earnings. The forecast indicates a decline from A$54 billion in 2023-24 to A$42 billion by 2025-26. This reduction is attributed to a downward revision in both export volumes and projected prices, signaling potential challenges for Australia's coal industry in the coming years.
    
    The report highlights a notable price decline in recent months, with metallurgical coal prices dropping from US$233 per metric ton at the beginning of July to US$195 per metric ton by the end of August this year. Looking ahead, prices are anticipated to hover around the US$200 per metric ton mark through 2026. However, the industry is bracing for significant price volatility throughout the forecast period, adding an element of uncertainty to long-term planning and investment decisions.
    
    Voor meer, zie link:
    
    www.oreaco.com/steel/australias-metal...
15. voda 8 oktober 2024 08:06

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 21 nov 2024

    •    Aanbevelingen

      Ontvangen: 89687

      Gegeven: 22199

    •    Aantal posts: 377.958

    Transformative Coking Coal Auctions Propel Domestic Steel Production in India
    
    Synopsis: Bharat Coking Coal Limited has revamped coking coal auction terms, encouraging steel producers like JSW Steel and Tata Steel to participate. This initiative aims to reduce India's dependence on coal imports.
    Tuesday, October 8, 2024
    
    PTI reports that Bharat Coking Coal Limited has introduced more industry-friendly terms for its coking coal linkage auctions. This development comes as part of a broader strategy by Coal India Limited to reduce the country's reliance on imported coking coal, a crucial raw material for steel manufacturing. The modifications have garnered positive feedback from major steel producers, who are now more inclined to participate in future auction rounds.
    
    Coking coal is an essential component in the steel-making process, primarily used to produce coke, which is vital for smelting iron ore. Historically, India has relied heavily on imports to meet its coking coal demand, leading to significant foreign exchange outflows. The government and coal industry stakeholders recognize the need to shift towards domestic sources to enhance self-sufficiency and reduce import bills.
    
    Voor meer, zie link:
    
    www.oreaco.com/steel/transformative-c...
16. voda 28 oktober 2024 11:48

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 21 nov 2024

    •    Aanbevelingen

      Ontvangen: 89687

      Gegeven: 22199

    •    Aantal posts: 377.958

    Thermal Coal: China's Pyroclastic Power Paradigm Shifts
    
    Newcastle coal futures settled at $145 per metric ton, retreating from their recent peak of $153, as China's domestic coal production surge reshaped market dynamics. The price movement reflects trading volumes of approximately 2.5 million metric tons, highlighting the market's significant liquidity. Market analysts note that this price adjustment occurred amid daily trading volumes reaching 300,000 metric tons, indicating robust market participation.
    
    Chinese coal output demonstrated remarkable growth, with September production reaching 420 million metric tons, marking a 4.4% increase from the previous year. This surge followed the conclusion of safety inspections at major mining facilities, which collectively can produce up to 15 million metric tons monthly. The Yunnan region's hydroelectric facilities, capable of generating power equivalent to 8 million metric tons of coal consumption, experienced increased output due to favorable rainfall. Regional distribution networks have adapted to handle this increased volume, with rail systems now moving approximately 12 million metric tons of coal daily.
    
    Despite economic challenges, China's thermal power sector showed robust growth, with September generation requiring approximately 180 million metric tons of coal, representing a 10% year-over-year increase. This sustained demand has kept coal futures 27% above their March lows, when prices reflected trading volumes of around 1.8 million metric tons. Industrial users, consuming roughly 85 million metric tons monthly, continue to drive demand despite efficiency improvements.
    
    Import statistics further underscore China's growing energy appetite, with September coal imports reaching a record 47.6 million metric tons, a 13% increase from the previous period. This surge in imports, combined with domestic production of 420 million metric tons, indicates China's total monthly coal handling capacity of nearly 470 million metric tons. Port facilities have expanded their capabilities, now able to process up to 2 million metric tons daily.
    
    Storage facilities across China's major industrial centers have increased their capacity to 150 million metric tons, providing a crucial buffer against supply disruptions. Power plants maintain average stockpiles of 25 million metric tons, sufficient for approximately 15 days of generation at current consumption rates.
    
    Looking ahead, analysts project annual coal demand to reach 4.8 billion metric tons, with domestic production targeting 4.2 billion metric tons and imports filling the gap. Environmental policies aim to reduce coal consumption by 100 million metric tons annually through efficiency improvements and renewable energy adoption.
    
    Bron: email from Kallanish
17. voda 7 november 2024 16:20

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 21 nov 2024

    •    Aanbevelingen

      Ontvangen: 89687

      Gegeven: 22199

    •    Aantal posts: 377.958

    Deze twee kolencentrales kregen €500 miljoen om zes maanden stil te liggen: ’Gerechtvaardigd’
    Theo Besteman
    
    2 uur geleden in Financieel
    
    Amsterdam - De uitkering van €500 miljoen aan belastinggeld is gerechtvaardigd voor uitbaters van kolencentrales RWE en Uniper, omdat zij maanden werden stilgelegd. Dat concluderen onderzoekers van Radboud Universiteit.
    
    Voor meer, zie link:
    
    www.telegraaf.nl/financieel/152980945...
18. voda 18 november 2024 09:19

    auteur info

    •    voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 21 nov 2024

    •    Aanbevelingen

      Ontvangen: 89687

      Gegeven: 22199

    •    Aantal posts: 377.958

    Thermal Coal's Ephemeral Zenith Wanes Amid China's Hydroelectric Renaissance
    
    Newcastle thermal coal futures have retreated below $144 per metric ton in November, marking a significant decline from their one-year peak of $153 recorded on October 7th. This downturn comes amid robust domestic supply conditions and increased availability of alternative power generation sources in major consuming markets. Market analysts suggest this price movement reflects a broader shift in the global energy landscape, though seasonal factors continue to play a crucial role.
    
    China, the world's largest coal consumer, reported a 4.4% year-on-year increase in coal production for September, reaching 392.5 million metric tons. This surge followed the conclusion of safety inspections at major mining facilities, enabling producers to operate at enhanced capacity levels. The increased production capacity has helped stabilize domestic supply chains and moderate price pressures in the Asian market. Regional mining companies have reported improved operational efficiency and higher extraction rates, contributing to the overall supply expansion.
    
    Simultaneously, abundant rainfall in China's Yunnan province has boosted hydroelectric power generation, reducing reliance on coal-fired power plants. The hydroelectric surge has been particularly significant, with reservoir levels reaching optimal capacity for power generation. This natural phenomenon has provided a timely alternative to coal-based power generation, especially during periods of peak demand. Environmental agencies have noted that this shift has contributed to temporary improvements in air quality across major industrial regions.
    
    Despite the recent price decline, coal futures remain 27% above their March low, supported by strong demand fundamentals. China's thermal power generation witnessed a remarkable 9.8% year-on-year increase in September, reaching approximately 738.2 million megawatt-hours, despite growing concerns about economic headwinds. This robust demand is further evidenced by China's coal imports, which surged 13% to reach a record 47.6 million metric tons during the same period. The import surge reflects both domestic industrial demand and strategic stockpiling efforts.
    
    The industrial sector's coal consumption patterns have shown interesting variations across different regions. Coastal provinces have reported higher dependency on imported coal, while inland regions rely more heavily on domestic supply. Steel mills and cement manufacturers, traditionally major coal consumers, have maintained steady demand despite economic uncertainties. Power utilities have also been actively managing their inventory levels, with current stockpiles averaging around 28.3 million metric tons at major power plants.
    
    Bron: email Oreaco