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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, 28 August 18
SUPRAMAX: A COAL TRIP VIA INDONESIA PAID $13,500 ON A 56,000DWT TO WC INDIA - BALTIC BRIEFING
Capesize
The Singapore holiday mid-week disrupted trading and unsettled the market, with owners losing some resilience. The market took on a la ...
Tuesday, 28 August 18
SHIPPING MARKET UPDATE - GEORGE LAZARIDIS
As we edge close to the start of the Autumn Season, a period within the year that is usually characterized as the pivot point from the final quarte ...
Friday, 24 August 18
KOREAN RESTRICTIONS ON COAL SULPHUR IMPACTING HUNTER EXPORTS - THE HERALD
WARNINGS that Korean restrictions on sulphur levels in coal could hurt the Hunter industry appear to have been accurate, according to a report in t ...
Thursday, 23 August 18
RUSSIA'S MECHEL PRODUCED 9.69 MMT OF RUN-OF-MINE COAL IN 1H'2018
Mechel PAO, one of the leading Russian mining and metals companies, announces 1H2018 operational results.
Mechel PAO’s Chief E ...
Thursday, 23 August 18
SUPRAMAX: SOME FRESH COAL CARGOES APPEARED IN SE ASIA, GIVING A BIT PRESSURE ON RATES FOR END AUGUST SHIPMENTS - FEARNLEYS
Capesize
Slightly softer but generally very healthy for the big ships, with limited supply of early tonnage and positive Brazilian ore export v ...
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Showing 1636 to 1640 news of total 6871 |
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- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Australian Coal Association
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- MS Steel International - UAE
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Planning Commission, India
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
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