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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, 15 March 18
BHEL COMMISSIONS 600 MW THERMAL POWER PLANT FOR APGENCO IN ANDHRA PRADESH
Bharat Heavy Electricals Limited (BHEL) has successfully commissioned a 600 MW coal-based thermal power plant in the state of Andhra Pradesh.
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Thursday, 15 March 18
SUEK GROUP SECURES $1.055BN 5-YEAR SYNDICATED PRE-EXPORT FINANCE FACILITY
SUEK Group signed a $1.055bn syndicated pre-export loan agreement. The facility with five years duration is secured against the Group’s expor ...
Wednesday, 14 March 18
COAL PRICES UP SAYS MINERALS COUNCIL - IAN KIRKWOOD,THE HERALD
NSW thermal coal exports were at near-record levels last year but prices were up, the Minerals Council of NSW has said after appraising annual stat ...
Wednesday, 14 March 18
NEW COAL PRICE FORMULA DOESN'T APPLY RETROACTIVELY: OFFICIAL - THE JAKARTA GLOBE
The Energy and Mineral Resources Ministry has decided to change the implementation period of the new discounted price formula for coal sold to the ...
Wednesday, 14 March 18
SHIPPING MARKET INSIGHT - VASILIS MOIRIS
Interest in second hand tonnage remains firm with buyers in the dry bulk sector looking to benefit from rising freight rates that are eventually ex ...
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Showing 1771 to 1775 news of total 6871 |
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- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- White Energy Company Limited
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
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