Coal Age

DEC 2018

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Page 32 of 59

December 2018 31 world coal markets continued said. There will also be increased demand from Vietnam, Philippines, Thailand and Malaysia, while Europe and North America will continue to see demand decrease. Despite growing public opposition and stricter regulations in some regions, the world's electricity demand continues to grow. Perret forecasts an increase in world coal imports with India and the Indo-Pa- cific showing large annual increases, 26.9 million mt and 69.6 million mt respectively. To keep up with this demand, some countries are moving forward with con- structing new coal plants. Planned Global Projects Pakistan has a proposed coal-generating capacity of more than 4,000 megawatts, Alvarez said. Besides the Asia-Pacific region, the Mid- dle East and north Africa are also interesting spots for exporters, Alvarez added. Other regions are starting to emerge in the global trade market. Alvarez said Emirates will fol- low Pakistan, and he expects Bangladesh, Egypt, Oman and others to join in as well. Hassyan Energy Co. in Dubai is build- ing the first large coal power plant in the region, Alvarez said. Despite the growth being seen with renewables, coal power generation and construction of new coal plants is forecast to continue in these regions. One reason is because coal supply is seen as more secure and resilient than other forms of energy, Alvarez said. The contract for the Hamrawein pow- er plant in Egypt, one of the largest coal plants in the world if built as planned, has been awarded, he added. And the Oman Power and Water Procurement Co. has re- ceived letters of interest to build the Duqm coal power plant in Oman. According to Dr. Franz-Josef Wodopia, managing director for the German Coal Imports Association, while there are coal projects planned, it is getting more com- plicated to secure financing. For example, World Bank has opposed financing before because fuel would be more expensive with coal than renewables, he said. Australia has a few projects planned as it is currently the largest exporter of coal in the world, Dr. Wodopia said. MACH Energy's Mount Pleasant mine was anticipated to commence operations in 2018 and ramp up to 7.5 million mt, and Surface Miner = Mining made easy. 4200 SM: WIRTGEN Surface Miners cut, crush and load material in a single operation. WIRTGEN is the only manufacturer to cover a performance spectrum of up to 3,000 tons per hour with direct loading by conveyor belt. This high output is based on high-performance cutting technology and a wealth of experience acquired in three decades of application technology. Take advantage of innovative solutions from the technology leader. A WIRTGEN GROUP COMPANY WIRTGEN GmbH · Reinhard-Wirtgen-Str. 2 . D-53578 Windhagen . T: +49 26 45 / 131 0 Australia will see the startup of several new major coal projects in the next four years. Project Company State Estimated Estimated New Resource Start Up Capacity (Mt) Carmichael Coal Project (mine and rail) Adani QLD 2020 60.0 thermal coal China First Coal project (Galilee Coal Project) Waratah Coal QLD 2022 40.0 thermal coal Alpha Coal Project GVK - Hancock Coal QLD 2021 32.0 thermal coal Kevin's Corner GVK QLD 2019 30.0 thermal coal Moranbah South Anglo American and Exxaro QLD 2021 18.0 coking coal Red Hill Mining BHP Billiton/Mitsubishi Allian QLD 2023+ 14.5 coking and thermal coal Olive Downs Nippon Steel & Sumitomo Me QLD 2023+ 14.0 thermal and coking coal Mount Owen Continued Operations … Glencore NSW 2019 10.0 thermal and semi-soft coking coal

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