Asia Solid Fuels 2020,

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#cmtasiasolidfuels

 

28-29 Sep, 2020 - Hanoi, VIETNAM

 

  “The power of coal during an economic crisis”


Coal remains a major fuel for global energy, accounting for almost 40% of electricity generation according to IEA while some analysts believe global petroleum coke will be valued at $25 billion by 2024.

The current Covid-19 pandemic has jolted trade flows of many conventional solid fuels including coal and petroleum coke. Temporary force majeure declarations by ports, consumers and traders have reduced demand greatly. Imposed lockdowns on businesses have resulted in a drastic fall in CO2 and NO2 emissions globally.

In China, drop of coal use have measurable effects in the decline of emissions compared to the same time last year. However, as China eases lockdown, there has been a quick rebound in coal and electricity consumption. In order to meet China’s climate goals, will there be a reduction in future coal-fired plants?

Coal and petroleum coke have been the preferred choice of fuel generation over the years. Recently, declining costs of renewables such as Biomass and concerns over emissions and pollution are starting to change the balance of future additions into the power and industrial mix. Does this mean that there will be a shift towards renewables for power generation?

Join all top-notch professionals in the Solid Fuels field as they host discussions on

  • Impact of Covid-19 on supply demand balances and strategies for a quick economic recovery
  • Implications of the oil market crash on solid fuels market & energy mix.
  • Opportunities and challenges of biomass as the primary clean alternative
  • Balancing economic growth and climate change concerns for developing nations
  • Upcoming alternatives for solid fuels to tackle global emission crisis.
Key speakers and topics include:
  • Dr. Lars Schernikau, President of HMS Bergbau: Global climate policy and impact on Solid Fuels
  • Yoshinobu Kusano, Executive Advisor and Director of Renova: Controversies surrounding Biomass as the “cleaner alternative”
  • Ram Madiraju, Head Coal Buyer of Tata Steel: Increasing coke plants projects on demand for metallurgical coal, seaborne trade and price outlook
  • Bella - Yen Phi, Deputy Global Head of Trading Department of Vissai Cement Group: Petroleum coke procurement strategies for cement
  • Sanjay Kumar, Strategic Sourcing Director of LafargeHolcim: Analysis of trade markets in Southeast Asia
  • Hary Kristiono, President Director of PT Medco Energi Mining Internasional: Opportunities and competitiveness for Indonesian coal export markets
… and many more
Sign-up today with early bird and group discounts, Contact Huiyan – huiyan@cmtsp.com.sg for more information.
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Be a Sponsor or Exhibitor!

This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Corporate, Exclusive Luncheon & Cocktail sponsor.

Exhibition / catalogue display can be arranged upon request. Contact fiona@cmtsp.com.sg

News Feed

Coal Demand to Rise in Asia, despite decline in the West

Posted on : 27 Feb, 2020


The global demand for coal is expected to dwindle in the future with many countries particularly the Western world switching to renewable sources of energy. The International Energy Agency (IEA) predicts that renewable sources will supply a major portion of the increase in global electricity demand over the next five years. However, Asia is expected to drive the demand for coal as the region still heavily depends on coal for power generation.
 
Asia’s share in the global coal power generation has climbed from just over 20% in 1990 to almost 80% in 2019, therefore the region is key to the future of coal production and demand.
 
China, which produces and consumes half of the world’s coal, is a key market that will decide the fate of coal in the future. Besides China, India, Indonesia and Vietnam are some of the key countries that are dependent on coal to fuel their economic growth. Although India for the first time witnessed a low coal power generation in 2019 in 45 years, the fall in production is attributed to unusually low growth in electricity demand and exceptionally high hydropower output.
 
With wind and solar energy plants coming up in many parts of the world, coal power capacity outside Asia is declining.
 
In Asia there has been a move towards sustainable solid fuels. For instance, Ministry of Industry and Trade of Vietnam (MOIT) has proposed a draft decision amending decision No. 24 of 2014 – that supports mechanisms for the development of biomass power projects in Vietnam. The draft decision proposes an increase in feed-in-tariffs (FiT) for biomass power projects.
 
As public opposition to coal is intensifying, many countries are considering stringent climate and environmental policies.
 
Find out the latest on demand and supply of solid fuels in Asia at CMT’s first Asia Solid Fuels 2020 on 28-29 September in Hanoi, Vietnam.
 
Email Huiyan at huiyan@cmtsp.com.sg or call +65 6346 9113 for more details on the program.
 
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