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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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Saturday, 22 September 18
SHIPOWNERS URGENTLY NEED A FUEL-MANAGEMENT PLAN - METTE KRONHOLM FRAENDE, BIMCO
With the majority of ship operators expected to choose low-sulphur fuel over scrubbers to comply with the new IMO sulphur cap regulation, all eyes ...
Saturday, 22 September 18
GERMANY'S MOVE TO SCRAP COAL WILL COST TAXPAYERS - BRIAN PARKIN | WILLIAM WILKES
Chancellor Angela Merkel’s plan to close Germany’s remaining coal-fired power stations will drive up subsidies for regions that mine th ...
Saturday, 22 September 18
FITCH RATINGS: WORLD GROWTH FORECAST CUT ON US-CHINA TRADE BATTLE
Protectionist US trade policies have now reached the point where they are materially affecting what remains a strong global growth outlook, with th ...
Tuesday, 18 September 18
COOLING OUTLOOK FOR COAL - KATE JONES
At a time of increasing focus on the renewables market as the world seeks to clean up its act to prevent climate change, what is the outlook like f ...
Monday, 17 September 18
GLENCORE RETURNS TO JAPAN COAL TALKS SCUPPERED BY HIGH PRICES - BLOOMBERG
Mining giant Glencore Plc and Japanese utilities have resumed thermal coal supply negotiations, restarting talks that fell apart earlier this year ...
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Showing 1611 to 1615 news of total 6871 |
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- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Mjunction Services Limited - India
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