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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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Monday, 11 March 19
SUPRAMAX: A 61,000 DWT VESSEL WAS BOOKED SINGAPORE FOR A TRIP VIA INDONESIA TO CHINA AT $10,500 - BALTIC BRIEFING
Capesize
A faint glimmer of hope with the suggestion the market may have finally bottomed out, with owners attempting to resist further cuts in ...
Friday, 08 March 19
KOMIPO INVITES BIDS FOR 2.6 MILLION TONS OF AUSTRALIAN 5700 NAR COAL FOR FIVE YEARS
South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 MT of min. 5700 NAR coal of Australian origin to be burnt ...
Friday, 08 March 19
CHINA'S COAL DEMAND FORECAST TO DROP SLOWLY - YONHAP
China’s coal demand is expected to fall at a snail’s pace over the next 20 years due to the country’s preference for the cheap fo ...
Thursday, 07 March 19
INDONESIAN COAL PRICE REFERENCE PLUNGE TO LOWEST IN SEVEN MONTHS
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Wednesday, 06 March 19
KOSPO INVITES BIDS FOR 80,000 MT OF 3800 NCV COAL FOR 21 - 30 MARCH, 2019 LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 80,000 MT of min 3,800 kcal/kg NCV low calor ...
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- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- White Energy Company Limited
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- The Treasury - Australian Government
- GMR Energy Limited - India
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- MS Steel International - UAE
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