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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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Friday, 30 March 18
SHIPPING INDUSTRY CONFIDENCE HITS FOUR-YEAR HIGH - MOORE STEPHENS
Shipping Confidence Survey
In February 2018, the average confidence level expressed by respondents was up from 6.2 in November 2017 t ...
Friday, 30 March 18
EXPLAINING POLAND'S COAL PARADOX - FORBES
In the U.S. coal is succumbing to market forces despite the Trump Administration’s push to support the industry. Abundant, cheap and cleaner ...
Friday, 30 March 18
THIESS SECURES $140M MT OWEN INCREASE
Thiess has secured a A$140 million increase to its contract with Glencore for coal mining services at Mt Owen in the Hunter Valley, Australia. Mt O ...
Wednesday, 28 March 18
THIESS WINS $280M WAHANA EXTENSION
Thiess has been awarded a three-year $280 million contract extension at the Wahana coal mine in South Kalimantan, Indonesia.
According to Thie ...
Wednesday, 28 March 18
RIO TINTO TO SELL KESTREL MINE FOR $2.25 BILLION - REUTERS
Rio Tinto sold its remaining coal asset Kestrel in Australia to private equity manager EMR Capital and Indonesia’s Adaro Energy Tbk for $2.25 ...
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Showing 1756 to 1760 news of total 6871 |
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- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Mercator Lines Limited - India
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
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