Top 20 miners, top 20 power companies 2015

Top 20 Miners

Largest listed thermal coal mining companies that breach 30% revenue threshold

Company Total 2014 Revenue from Thermal Coal (USD million) % Revenue from Thermal Coal
China Shenhua Energy Company Limited 14,006 35%
Sasol Limited[1] 11,050 58%
Coal India Limited 10,251 89%
China Coal Energy Company Limited 5,966 52%
Adani Enterprises Limited 5,068 55%
Peabody Energy Corporation 4,890 72%
Inner Mongolia Yitai Coal Co., Ltd. 3,397 85%
Yanzhou Coal Mining Company Limited 3,045 31%
Pt Adaro Energy Tbk 2,909 91%
Alpha Natural Resources, Inc. 2,837 66%
Pt United Tractors Tbk 2,826 66%
Banpu Public Company Limited 2,638 85%
Arch Coal, Inc. 2,350 80%
Yang Quan Coal Industry (Group) Co., Ltd. 2,337 70%
Shanxi Lu'an Environmental Energy Development Co., Ltd. 2,324 90%
Alliance Resource Partners, L.P. 2,301 100%
The Tata Power Company Limited 1,861 31%
Indo Tambangraya Megah Tbk Pt 1,741 94%
CONSOL Energy Inc.[2] 1,600 46%
Datong Coal Industry Co., Ltd. 1,356 97%

[1] Sasol is a coal-to-liquids producer (converts coal to petrochemicals). Although revenue from direct sale of coal is estimated to be low, approximately 58% of its business is derived from coal.

[2] CONSOL Energy sold a significant share of its coal assets in late 2013 and is increasing its focus on natural gas, as such its coal revenue is decreasing, possibly representing less than the 46% stated above; but is expected to stay above 30% through at least 2016.

Top 20 Power Companies

Largest listed utilities that breach 30% generation threshold

Company name Country of Origin Coal generation as percentage of total generation Carbon intensity of coal fleet kg CO2/MWh
China Huaneng Group Corp China 64.2% 1,024
China Datang Corp China 78.8% 1,004
China Guodian Corp China 71.9% 1,021
China Huadian Group Corp China 67.6% 1,009
Shenhua Group Corp Ltd China 95.5% 1,024
Ntpc Ltd India 93.9% 992
Eskom Holdings Soc Ltd South Africa 81.4% 1,005
Korea Electric Power Corp Korea 39.1% 973
Duke Energy Corp USA 45.2% 906
China Resources Power Holdings China 76.2% 1,050
Southern Co USA 56.6% 939
American Electric Power Co Inc USA 78.6% 951
Nrg Energy Inc USA 53.4% 953
Rwe Ag Germany 56.4% 981
Ppl Corp USA 67.1% 1,022
Firstenergy Corp USA 74.9% 888
Aes Corp USA 48.6% 956
Xcel Energy Inc USA 54.3% 1,017
J-Power Japan 48.4% 862
Cez As Czech
Republic
40.7% 1,213

[1] Sasol is a coal-to-liquids producer (converts coal to petrochemicals). Although revenue from direct sale of coal is estimated to be low, approximately 58% of its business is derived from coal.

[2] CONSOL Energy sold a significant share of its coal assets in late 2013 and is increasing its focus on natural gas, as such its coal revenue is decreasing, possibly representing less than the 46% stated above; but is expected to stay above 30% through at least 2016.