The First Coal Summit between Indonesia and China, ICCS, will be held on 19-20 March 2013 at Bali by XinhuaInfolink, BPPT, and K-Coal.
1st ICCS Highlights :
Indonesia will prouce 500mt/year of coal by 2020, and will continue to provide leadership to global coal trade in the next ten years, according to forecast by the International Energy Agency (IEA).
Indonesia accounts for 40% of China’s 2012 imports, which will be above 250mt. It’s also responsible for at least 25% of global coal exports. China’s demand will hit 4.5bn tons/year by 2020, and nearly 5bn tons/year by 2030, according to IEA.
Thermal generation will remain the major power source for China for decades to come. Its demand for steam coal is also set to grow steadily from current 2bn tons/year, along with economic development.
China’s coal demand is vital to Indonesia’s coal sector. Changes in Indonesia’s coal sector will have immediate effect on China’s energy supply as well as the macro economy.
Issues that concern insiders in both countries and need to be answered include:
- 1. Is the rapid growth of coal trading sustainable? How will internal policies in both countries impact coal trading?
- 2. Towards which direction the current trading mechanism is to evolve in the next five years? How will this mean to the Asia-Pacific region in the next ten years?
- 3. How are Indonesian leading producers planning their exports business and marketing in China?
- 4. With 3.54bn tons of coal output in China in 2011, what is the country planning for the next 5-10 years?
- 5. Will China change its stance on encouraging imports? What role coal imports may play for Chinese power groups in their overall demand plan?
- 6. How the upcoming coal pricing reform in China influence domestic coal costs? Will this encourage or discourage imports?
- 7. Is Indonesia’s position in China’s coal imports irreplaceable?
- 8. How big is investment opportunity in energy infrastructure in Indonesia to shape the country coal industry and meet high demand of electricity in 2030?
- 9. Will coal drying technology play significant role in electricity and cement industries in Indonesia?
It has been rare for users and producers from both countries to conduct face-to-face meetings on these issues. A platform providing regular exchanges has been unavailable as well.
With strong government support from both countries, we are aiming to provide answers to these questions raised by market participants, and help them better understand present and future developments surrounding their business activities.
To join this remarkable event, please contact K-Coal Int'l Indonesia.
K-Coal Int'l Indonesia
BPPT Bldg., 21F
MH Thamrin St. #8, Center of Jakarta 10340
Official Website: http://www.i-ccs.com