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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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Thursday, 05 April 18
INDONESIA TO POSTPONE NEW COAL, PALM OIL SHIPPING RULES TO 2020 - REUTERS
Indonesia will delay until 2020 trade rules requiring exporters of coal and crude palm oil to use only Indonesian-flagged vessels, government offic ...
Tuesday, 03 April 18
MARKET ANALYSIS - GEORGE LAZARIDIS
In the midst of a relatively quiet week for markets, with disruptions being caused by the Christian holidays, it seems as though we find ourselves ...
Monday, 02 April 18
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT, SAYS VISTAAR
The freight market softening to continue. Thursday, March 29, 2018, the Baltic Dry Index decreased by 42 points, reaching 1080 points.
T ...
Monday, 02 April 18
THIESS TO DELIVER $150M SENAKIN CONTRACT EXTENSION
Thiess has secured a $150 million contract extension to provide mine services at Arutmin’s Senakin coal mine in South Kalimantan, Indonesia.
...
Monday, 02 April 18
THIESS SECURES $240M SATUI EXTENSION
The successful implementation of an innovative mining plan by Thiess at the Satui coal mine in South Kalimantan, has resulted in a $240 million con ...
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- PTC India Limited - India
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Sical Logistics Limited - India
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