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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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Wednesday, 05 September 18
ASIAN DEMAND COULD CREATE DEFICIT IN GLOBAL LNG MARKET - FITCH RATINGS
Growing gas demand from Asia, particularly from China, could swing the liquefied natural gas (LNG) market into a deficit by 2022-2025, Fitch Rating ...
Tuesday, 04 September 18
SUPRAMAX: THE ASIAN SECTOR REMAINED ACTIVE WITH RATES STILL FIRM ESPECIALLY IN SE ASIA - BALTIC BRIEFING
Capesize
A turnaround in fortunes for the big ships, with a few slower days in the market. A build-up of tonnage and a lack of Brazil cargoes r ...
Thursday, 30 August 18
SUPRAMAX: CIS COAL TO FAR EAST WENT AT MID TENS AND TO SE ASIA AT CA USD 8000 - FEARNLEYS
Capesize
There was a slow start this week with holiday in UK on Monday. The index has been slowly coming off since then; The C5 route has seen ...
Wednesday, 29 August 18
MID-YEAR FY19 POWER OUTLOOK: IMPORTED COAL REQUIREMENT TO INCREASE DURING REMAINING FY19: IND-RA
India Ratings and Research (Ind-Ra) has maintained a stable-to-negative outlook on the Indian power sector for the remaining FY19, despite a rise i ...
Wednesday, 29 August 18
IMPACT ON CHARTERPARTIES - TIME TO ACT NOW : NORTH P&I CLUB
KNOWLEDGE TO ELEVATE
The challenges introduced by the global sulphur cap are not exclusively technical. The new limits are likely to impact co ...
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Showing 1631 to 1635 news of total 6871 |
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- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Australian Coal Association
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
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