Subject: Pacific export thermal coal in the news Oct. 16
Japan on gas, coal power building spree to fill nuclear void. Regional power monopolies will construct 12 gas-fired units next year, while two new coal power plants will be completed by December 2013, according to a Reuters survey of utilities. http://reut.rs/1fBhVXa
China's state planning agency (NDRC) has issued a notice to cut the on-grid price of thermal electricity in order to reflect a fall in coal prices and encourage renewable power generation, Chinese utility SDIC Power said on Thursday. http://reut.rs/1fkmtB8
China, the world's top producer and consumer of coal, is considering scrapping a 10 percent tariff on exports of steam coal from 2014 to rebalance domestic supplies, the 21st Century Business Herald reported. The proposal, if implemented, would increase seaborne coal supplies in the Asia Pacific market and threaten Australia's market share as a key supplier to North Asia, where Japan and South Korea are among the world's top importers of steam coal. http://t.co/zZKmMHQixN
China thermal coal price war that erupted in late June, causing a collapse of nearly 15% in prices is over http://t.co/bPzbSEKBnR
Bohai steam coal index goes up for first time this year perhaps signalling a turning point http://ift.tt/17u1YtC
China's coal producers struggle to compete, analyst says http://feedly.com/k/19D7rEo
NDRC: China will raise on-grid prices paid to power generators using natural gas http://t.co/nw7Ghhqloy
China's 3rd shale gas auction could kill hope for a shale revolution http://bit.ly/1cTOwXa
Canada's Natural Resources Minister heads back to China to reassure investors on LNG prospects after bleak message from former official http://bit.ly/1atx9Hz
China bypasses American 'New Silk Road' (Simon Denyer) http://wapo.st/1gEyYqa
$30bn coal gasification plant to be built in Xinjiang will need an input of 90 million tons of coal per year http://nyti.ms/17hLALU
Beijing to replace coal plants in $7.79bn investment http://bit.ly/19eHwAJ
Demand for coal will be driven by China and India - ... an opposing camp that argues just as strongly that predictions of coal's demise are exaggerated and that demand will not stop growing. "We think the idea of peak coal is a myth," says Andy Roberts, principal analyst for thermal coal at Wood Mackenzie, the consultancy. http://on.ft.com/15JsfH2
Woodmackenzie: coal will surpass oil as the key fuel for the global economy by 2020 and half of China's power generation capacity to be built between 2012 and 2020 will be coal-fired, said Woodmackenzie http://t.co/GaKWSbaI8r
Peak Coal in China, or Long and High Plateau? http://goo.gl/fb/uXG6y
ADB says Asia Pac will be 50% of global energy consumption in 2035 and invest $20tn http://t.co/4XWXc4pnoT
Will China build hundreds of new coal plants and then shut them off ? Wishful thinking http://bit.ly/1c9qDrI
China is set to ramp up acquisitions of overseas oil and gas companies to feed its soaring growth in energy demand http://reut.rs/17uaQyr