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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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Tuesday, 11 December 18
SHIPPING MARKET ANALYSIS - ALLIED
A lot of discussions have been made as to the effects of the IMO 2020 regulation on OPEX levels, investment feasibility of& ...
Tuesday, 11 December 18
PORT OF NEWCASTLE SHIPPED 10.849 MMT OF COAL IN NOVEMBER DOWN 23.44 PERCENT MOM
COALspot.com: The Port of Newcastle, Australia’s major trading port and the world’s largest coal export port has shipped A$ 1,574.8 mil ...
Thursday, 06 December 18
IN THE EAST, BIGGER SUPRA WAS FIXED CA US$ 10K FOR INDO-CHINA COAL ROUND - FEARNLEYS
Capesize
There is cautious optimism for the Capes, with healthier volumes and improving rates in the Pacific. West Australia round is gradually ...
Thursday, 06 December 18
DEMAND RISKS WEIGH ON GLOBAL SHIPPING SECTOR OUTLOOK - FITCH RATINGS
The global shipping sector outlook remains negative reflecting the demand-side risks of protectionism and slower economic growth, Fitch Ratings say ...
Thursday, 06 December 18
CHINA REVISES MANAGEMENT RULES ON ESTABLISHMENT OF FULLY FOREIGN-OWNED SHIPPING BUSINESSES - XINHUA
Foreign shipping companies will find it easier to establish wholly-owned subsidiaries in China thanks to a revised regulation due to take effect on ...
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Showing 1536 to 1540 news of total 6871 |
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- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Planning Commission, India
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- ASAPP Information Group - India
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Economic Council, Georgia
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