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Friday, 04 May 18
ELECTRICITY GENERATION FROM RENEWABLES WAS SECOND ONLY TO COAL IN 2017 - IEA
 World electricity demand increased by 3.1 %, significantly higher than the overall increase in energy demand. Together, China and India accounted for 70% of this growth. Output from nuclear plants rose by 26 TWh in 2017, as a significant amount of new nuclear capacity saw its first full year of operation.
Electricity generation increased by 3.1%, or 780 TWh, worldwide in 2017 as electricity demand rose faster than overall global energy demand growth.
Electricity demand growth in emerging economies remains strongly linked to rising economic output. In China, robust economic growth of nearly 7% and a warm summer drove electricity demand up by 6% (or 360 TWh). In India, demand growth of over 12% (or 180 TWh) outpaced the 7% growth in economic activity. Together, China and India accounted for 70% of global electricity demand growth worldwide, with another 10% coming from other emerging economies in Asia. India has made significant strides in improving access to electricity, with half a billion people having gained electricity since 2000 and a near-doubling of the access rate, to 82% of the population now, up from 43% in 2000.
Advanced economies accounted for 10% of electricity demand growth, with average demand rising by less than 1%. In the United States, electricity demand fell by almost 80 TWh compared with 2016. In the European Union, electricity demand growth of 2.3% (or 75 TWh) matched the estimated 2.3% growth in economic output. Electricity demand in Japan also increased by around 15 TWh.
Renewables accounted for nearly half of the global additional generation (at 380 TWh) required to meet increasing demand, bringing their share in global generation to a record high of 25%. Generation from renewables was second only to coal in 2017, and ahead of gas for the third year in a row. Despite strong increases in wind and solar PV generation, hydropower remains the largest source by far of renewables-based electricity generation, with a major share of 65% in overall renewables output. A strong year for hydropower in the United States and Canada more than offset a drop in hydropower generation in the European Union.
Among other low-carbon technologies, nuclear generation increased by 26 TWh in 2017, as a significant amount of the new nuclear capacity commissioned in 2016 saw its first full year of operation last year. Nuclear generation accounts for 10% of global power generation and grew by 3%, relative to 2016, with Japan contributing to 40% of this growth. Nonetheless nuclear capacity additions globally only just exceeded retirements in 2017.
Coal generation increased by 3% (280 TWh) in 2017 at a global scale, accounting for a third of the total growth and more than cancelling a 250 TWh decline seen in 2016. The growth of coal-fired generation was mostly in Asia, with an increase of 365 TWh. Although China and India dominated the increase, Korea, Japan and Indonesia also contributed significantly. Growth in Asia was only partially offset by declining coal use for electricity generation in the United States, the European Union, Russia, Brazil and South Africa.
Gas-fired generation increased by 1.6% (95 TWh) accounting for almost 15% of the total growth. This results from a decline of 7.6% (110 TWh) in the United States and a growth of 4.6% (or 205 TWh) in the rest of the world, with the most important contributions coming from the European Union, China and Southeast Asia.
2018 is the year of electricity at the IEA, in recognition of the rapid growth of electricity demand and the global transformation of electricity systems. For the first time, electricity will be the focus fuel of the forthcoming World Energy Outlook, shedding light on the key uncertainties of the ongoing transition – including the impact of digitalization and the integration of renewables – and analysing the implications for energy security, investment and environmental concerns.
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Monday, 17 September 18
GLENCORE RETURNS TO JAPAN COAL TALKS SCUPPERED BY HIGH PRICES - BLOOMBERG
Mining giant Glencore Plc and Japanese utilities have resumed thermal coal supply negotiations, restarting talks that fell apart earlier this year ...
Monday, 17 September 18
SMALL PERCENTAGE OF THE WORLD FLEET WILL FIT SCRUBBERS - FORECASTS : METTE KRONHOLM FRAENDE
In recent months, there have been numerous reports of a strong pick-up in demand for scrubbers. On 1 January 2020, however, the number of ships fit ...
Saturday, 15 September 18
POWERING SUSTAINABLE DEVELOPMENT WITH LOW EMISSION COAL TECHNOLOGIES - WCA
In its 5th Strategic Energy Plan this year (2018), the Japanese Cabinet recognised coal as an important energy resource, necessary for the country& ...
Friday, 14 September 18
10 YEARS ON FROM LEHMAN, HOW IS SHIPPING'S "HANGOVER"? - CLARKSONS RESEARCH
On 15th September 2008, the collapse of Lehman Brothers crystallised the financial crisis and the onset the worst economic downturn for a century. ...
Thursday, 13 September 18
OPEC SEES SLOWER 2019 OIL DEMAND GROWTH, WARNS ON ECONOMY
Crude Oil Price Movements
In August, the OPEC Reference Basket declined by $1.01 m-o-m, settling at $72.26/b. Crude oil futures were also down ...
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Showing 1616 to 1620 news of total 6871 |
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- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Planning Commission, India
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- The Treasury - Australian Government
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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