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Thursday, 06 December 18
U.S. COAL CONSUMPTION IN 2018 EXPECTED TO BE THE LOWEST IN 39 YEARS - EIA
 EIA expects total U.S. coal consumption in 2018 to fall to 691 million short tons (MMst), a 4% decline from 2017 and the lowest level since 1979. U.S. coal consumption has been falling since its peak in 2007, and EIA forecasts that 2018 coal consumption will be 437 MMst (44%) lower than 2007 levels, mainly driven by declines in coal use in the electric power sector.
The electric power sector is the nation’s largest consumer of coal, accounting for 93% of total U.S. coal consumption between 2007 and 2018. The decline in coal consumption since 2007 is the result of both the retirements of coal-fired power plants and the decreases in the capacity factors, or utilization, of coal plants as increased competition from natural gas and renewable sources have reduced coal’s market share.
In 2007, coal-fired capacity in the United States totaled 313 gigawatts (GW) across 1,470 generators. By the end of 2017, 529 of those generators, with a total capacity of 55 GW, had retired. So far in 2018, 11 GW of coal-fired generating capacity has retired through September, and another 3 GW are expected to retire in the final three months of the year, based on data reported to EIA by plant owners and operators. If these plants retire as planned, 2018 will be the second-highest year for coal retirements. Another 4 GW of capacity are planning to retire by the end of 2019.
Only one, relatively small, new coal-fired generator with a capacity of 17 megawatts is expected to come online by the end of 2019. The decline in coal-fired capacity is expected to further reduce coal consumption: EIA’s latest Short-Term Energy Outlook expects power sector coal consumption to fall 4% in 2018 and 8% in 2019.
One of the main drivers of coal retirements is the price of coal relative to natural gas. Natural gas prices have stayed relatively low since domestic natural gas production began to grow in 2007. This period of sustained, low natural gas prices has kept the cost of generating electricity with natural gas competitive with generation from coal. Other factors such as the age of generators, changes in regional electricity demand, and increased competition from renewables have led to decreasing coal capacity.
Environmental concerns have also played a role in coal retirements. Coal retirements were highest in 2015, driven in part by stricter emissions standards required by the Mercury and Air Toxics Standards (MATS) rule, which went into effect in April of that year for coal- and natural gas-fired power plants. Instead of investing in emissions control technologies, many smaller power plants that operated at lower capacity factors were retired before the new standards were implemented. Some plants applied for and received one-year extensions, which contributed to retirements in 2016.
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Friday, 12 April 19
OFFSHORE MENA CONGRESS 2019
Offshore MENA Congress 2019
Event Date : 11-12th Jun. 2019
Location : Cairo, Egypt
Offshore MENA Congress 2019 Offshor ...
Friday, 12 April 19
U.S : MORE THAN 7 GW OF COAL-FIRED GENERATION IS SCHEDULED TO RETIRE BY THE END OF 2020 - EIA
EIA estimates that U.S. coal production decreased by 19 million short tons (MMst) (2%) in 2018, totaling 756 MMst.
EIA also expects ...
Friday, 12 April 19
GLENCORE WINS $520 MILLION DEAL TO SELL COAL TO MEXICO - REUTERS
Global trader Glencore has won contracts worth around $520 million to supply 4.94 million tonnes of coal to Mexico, state-run power utility the Fed ...
Thursday, 11 April 19
AUSTRALIAN COAL IN THE FRONTLINE OF CHINA'S SUPPLY GLUT - AUSTRALIAN FINANCIAL REVIEW
Australian coal will be hardest hit as China cuts foreign imports of its key energy source to tackle oversupply, and implements policies favouring ...
Wednesday, 10 April 19
COALTRANS ASIA - TAKE PART IN THE LARGEST COAL EVENT IN THE WORLD!
Take part in the largest coal event in the world!
Coaltrans Asia is back this June bringing together the entire international coal s ...
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- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- GMR Energy Limited - India
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Planning Commission, India
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
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