U.S.
coal imports in fourth — quarter 2017 totaled 1.4 million short tons.
Leaving aside the Indian government's stated determination to end
coal imports in the next few years (at least for the large public sector), what's happening to actual demand for coal - fired electricity.
Not exact matches
North Korea generates about $ 1 billion a year from the
coal trade, according to the Treasury, which singled out three Chinese
coal companies it said was responsible for
importing almost a half - billion dollars
in North Korean
coal between 2013 and 2016.
We referenced their numbers when we looked at the changing anatomy of U.S. oil
imports, or when showing the decline
in coal use over recent years.
A housing and construction rebound has boosted industries including steel and
coal, and while many sectors continue to struggle with overproduction, domestic demand has held up reasonably well, with trade data on Thursday showing a surprising improvement
in imports.
The U.N. Security Council has unanimously boosted sanctions on North Korea since 2006
in a bid to choke off funding for Pyongyang's nuclear and ballistic missile programs, banning exports including
coal, iron, lead, textiles and seafood, and capping
imports of crude oil and refined petroleum products.
Cambrian's mines are also a source for metallurgical
coal, an essential ingredient
in steel manufacturing, a sector expected to benefit from President Trump's recent 25 percent tariff on
imported steel.
Production growth has stalled before
in the 1990s, but this time I suspect that a production limit has been reached and it is easier now for China to
import surface mined
coal from Indonesia and Australia.
Currently, China supposedly has stopped
coal imports from N. Korea
in an arrangement by Trump for the U.S. to provide the
coal to China, but this trade curtailment being honored is
in question.
Cotton was massively
imported from India, and with an abundance of
coal in the U.K., it was processed to produce mass - manufactured textiles that were then exported back to India (and other places).
And
in South Korea, the
imported coal must replace other
coal as the power source.
Some have suggested that Japan,
in addition to boosting
coal - fired power generation, may seek to increase natural gas
imports from Russia.
Domestic
coal production
in Japan saw a precipitous drop over the past 30 years, from an estimated 24 million tons
in 1980 to 3.5 million tons
in the early 2000s, as the country closed all its
coal mines and chose to rely on
coal imports to meet its needs.
The world's largest consumer of
coal has announced radical restrictions on the
importing and use of the stuff,
in a bid to curb air pollution.
In 2014, Chinese
coal imports dropped by 10.9 percent year over year.
From a proposed border tariff that could affect energy
imports and exports, to recent approvals for new oil pipelines and an early rollback of regulations on
coal production, the Trump administration is likely to usher
in significant changes
in energy policy.
Here's how it might work: Next year and
in each year thereafter, Congress would set an overall cap on fossil fuels extracted by upstream energy producers, which David A. Weisbach of the University of Chicago Law School identifies as «fewer than 3,000 entities» — petroleum refiners,
coal mines and domestic natural gas processors — «plus
imports at a few locations.»
Finally, taking a more worldly view, they estimated replacing
coal - fired power plants
in Japan with liquid - natural - gas plants that burn fuel
imported from the United States would also be a net - plus for the environment, with a 15 percent emissions savings.
The analysis shows that while the existing infrastructure
in Germany could support rapid switching from
coal to gas, there is a lack of political will to switch from
coal to gas
imports.
If he is successful
in returning the US to a
coal - based economy (and that looks unlikely), then the European Union needs to borrow his «protectionist» cloak and put
in place carbon - standards for
imported goods.
China's shift toward alternative fuels
in order to cut its reliance on
imported oil is creating large opportunities, notably
in natural gas vehicles (NGVs) and
in the conversion of
coal to ethanol, according to a new report from Lux Research.
There's much more, including on - the - ground reporting from the 750 - megawatt Trianel power plant
in Luenena, Germany, which only burns
imported coal (Germany is closing down its
coal mines).
That means no more oil
imports from Canada and Venezuela and an end to
coal mining
in the United States and China.
The motivations could include cost, pollution reduction (conventional pollutants, for health / economic benefits) and reduction
in the need for
coal imports.
American submarines cut off oil
imports to Japan as the War
in the Pacific progressed, and Japan was reduced to manufacturing jet fuel from pine trees; the Germans from
coal liquifaction.
The ad went on to say that the United States has 250 years» worth of
coal in the ground at current rates of use, and that only
imports of liquefied natural gas, much of it from hostile countries, would be able to supply power if
coal is off limits.
India's
coal imports are projected to rise 25 percent to approximately 110 million tons
in 2010.
International markets remain outstanding
in the Pacific Rim, with China and India
coal import demand continuing at record rates and developed economies running at higher capacity factors as they recover from the global financial crisis.
China's net
coal imports reached 39 million tons
in the first quarter of 2010, putting the nation on a pace to exceed 2009's record 104 million tons of net
imports.
So burning
coal was outlawed
in Ankara, and we
imported lots and lots of biogas from the then Soviet Union.
Business Secretary John Hutton told the Labour Party conference that clean
coal technology and a «renaissance
in nuclear power» were needed if we weren't to leave ourselves at the mercy of gas
imports from unstable and unfriendly foreign regimes.
Taiwan Taiwan
imports over 97 percent of its energy from abroad, with 90 percent constituted of oil,
coal, and natural gas
in 2015.
But expanding
coal - fired power generation
in the exporting provinces is likely to degrade air quality
in western regions, escalating inequality and increasing the environmental and ecological stress between power
importing and exporting provinces.
Today, a fact finding team of five non-governmental organizations (NGOs)-- the Sierra Club, 350.org, Carbon Market Watch, Friends of the Earth U.S. and Pacific Environment — released a scathing report, The U.S. Export -
Import Bank's Dirty Dollars, on the rampant human rights abuses at the U.S. Export -
Import Bank (Ex-Im) financed Sasan
coal - fired power plant and mine
in Singrauli, India.
(I suppose the milk choc of Vic will have to do
in a pinch, especially since clean green South Australia needs all the
coal and diesel power it can
import.)
Like other analysts, BCG hasn't understood that within a decade, the choices for these nations with soaring vehicle populations will not be electricity from
coal vs.
imported gasoline but rather electricity from a evolving power grid vs. fuel made by liquefying domestic
coal, with 2 - 3x the CO2 of
coal - fueled plug -
ins.)
The 17 % of SA electricity from local
coal power will end March 2016 http://www.businessspectator.com.au/news/2015/10/7/resources-and-energy/jobs-go-alinta-closes-sa-sites Never fear the SA - Vic Heywood Interconnector will be uprated by 190 MW
in July 2016 so as to help
imports of east coast
coal power.
No new
coal mines will be viable except
in India to replace
imports, and no new export
coal production will be needed.
Not surprisingly, German hard
coal imports have surged — jumping 25 %
in the first quarter of 2013 — as have its carbon emissions, which rose 1.5 % last year and are poised to rise again this year, alarming both the nation's environmental groups and the Merkel government.
Note: The sum of «Production» and «
Imports» less «Exports» may not equal «Consumption» due to changes
in stocks, losses, unaccounted - for
coal, and special arrangements such as the United States shipments of anthracite to United States Armed Forces
in Europe.
Reference prices are assumed to be below observed
import prices
in some cases, such as steam
coal in India, which relies heavily on low - quality domestic
coal but
imports small volumes of higher quality
coal.
National and international development banks and export credit agencies, including Export -
Import Banks
in (South) Korea and the US, the Japanese Bank for International Cooperation [1] and the Export Finance Insurance Corporation
in Australia have been a major source of finance for
coal plants
in developing countries like the Phillipines and Vietnam.
WASHINGTON, D.C. — The U.S. Export -
Import Bank (Ex-Im Bank), the U.S. export credit agency, last Thursday posted on its website that the application to finance the Long Phu 1
coal plant
in Vietnam had been withdrawn.
Financing of
coal plants by international lenders such as the World Bank and the U.S. Export -
Import Bank has also been the focus of protests, including worldwide opposition to the Tata Mundra Ultra Mega Power Project
in India and the Medupi Power Station
in South Africa.
India is taking the lead
in creating a country powered by renewable energy by replacing expensive
imported coal with affordable solar power
in just four years» time.
Winsway, it stated, «is one of the leading suppliers
in China of
imported high - quality coking
coal.
On Dec. 7, 2011, Peabody said it bought a 5.1 percent stake
in Winsway, a company that specializes
in importing Mongolian coking
coal into China for use
in the steel industry.
Toss
in scale economies, and the result will be lower costs, greater energy security and an increased state economic multiplier effect as less money drains offshore to pay for expensive and dirty
imported coal and oil.
In one scenario painted by the Deutsche Bank team led by chief economist Jun Ma, China's
imports of thermal
coal would cease by 2017, nearly a decade earlier than most forecasts, and
coal consumption would fall from 68 per cent of total energy consumption to 32 per cent by 2030.
Moreover, it's something that can be mined and used within the U.S. Even though the country
imports millions of short tons of
coal per year, the rate has dropped dramatically
in the last decade, from more than 34.5 million tons
in 2006 to just 9.6 million tons
in 2015.