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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, 07 March 18
WHEN AN IRRESISTIBLE FORCE MEETS AN IMMOVABLE OBJECT - GARD
KNOWLEDGE TO ELEVATE
Negotiable bills of lading are fundamental to trade. As documents of title, they are essential to the sale and carriage o ...
Wednesday, 07 March 18
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
The comparably small upside Handysize asset values have noted compared to other sizes since the historical lows of the dry bulk market in combinati ...
Tuesday, 06 March 18
FOREIGN INVESTORS ALLOWED TO BID FOR BIG MINING CONCESSIONS - THE JAKARTA POST
The government has allowed foreign investors to bid for mining concessions with a total area of more than 500 hectares, while smaller areas will be ...
Tuesday, 06 March 18
LNG VESSELS HAVE EMERGED AS THE FASTEST GROWING SEGMENT FOR THE WATERWAY - GERRY LATHROP
The day was July 25th 2016, a partly cloudy day on the Panama canal, and to most people a rather innocuous day without any real merit, however in s ...
Friday, 02 March 18
ANGLO AMERICAN COMPLETES SALE OF ESKOM-TIED THERMAL COAL OPERATIONS IN SOUTH AFRICA
Anglo American plc (“Anglo American”) confirms completion of the sale of its Eskom-tied domestic thermal coal operations in South Afric ...
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Showing 1786 to 1790 news of total 6871 |
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Australian Coal Association
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
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