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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, 17 September 18
SMALL PERCENTAGE OF THE WORLD FLEET WILL FIT SCRUBBERS - FORECASTS : METTE KRONHOLM FRAENDE
In recent months, there have been numerous reports of a strong pick-up in demand for scrubbers. On 1 January 2020, however, the number of ships fit ...
Saturday, 15 September 18
POWERING SUSTAINABLE DEVELOPMENT WITH LOW EMISSION COAL TECHNOLOGIES - WCA
In its 5th Strategic Energy Plan this year (2018), the Japanese Cabinet recognised coal as an important energy resource, necessary for the country& ...
Friday, 14 September 18
10 YEARS ON FROM LEHMAN, HOW IS SHIPPING'S "HANGOVER"? - CLARKSONS RESEARCH
On 15th September 2008, the collapse of Lehman Brothers crystallised the financial crisis and the onset the worst economic downturn for a century. ...
Thursday, 13 September 18
OPEC SEES SLOWER 2019 OIL DEMAND GROWTH, WARNS ON ECONOMY
Crude Oil Price Movements
In August, the OPEC Reference Basket declined by $1.01 m-o-m, settling at $72.26/b. Crude oil futures were also down ...
Thursday, 13 September 18
SUPRAMAX: INDO-INDIA COAL RUN WAS FIXED CLOSE TO $16000 ON ULTRA - FEARNLEYS
Capesize
Rates took a further drop in the beginning of the week, to later find a floor around mid-week reaching mid USD 7 level for c5 and just ...
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Showing 1616 to 1620 news of total 6871 |
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- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Edison Trading Spa - Italy
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