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Thursday, 31 October 19
U.S. COAL-FIRED POWER PLANTS SCHEDULED TO SHUT - REUTERS
 U.S. power companies expect to retire or convert from coal to gas over 13,800 megawatts (MW) of coal-fired plants in 2019 after shutting over 13,300 MW in 2018, according to U.S. Energy Information Administration (EIA) and Thomson Reuters data.
The number of megawatts retired in 2018 was the second highest in a year behind 2015 when generators shut over 19,000 MW. One megawatt can power about 1,000 U.S. homes.
U.S. coal power capacity peaked around 317,400 MW in 2011, according to EIA data. It has declined every year since and was down to around 244,000 MW by the end of 2018. The total generating capacity in the United States – including coal, natural gas, renewables and nuclear – was almost 1.1 million MW in 2018.
Cheap gas from record shale production and rising use of renewable sources of power have kept electric prices low in recent years, making it uneconomic for generators to continue operating older, less efficient coal plants, especially if they need upgrades to meet increasingly strict federal and state environmental rules.
Coal had been the primary fuel for U.S. power plants for much of the last century, but its use has been declining since peaking in 2007. That was around the same time drillers figured out how to economically pull gas out of shale formations.
Gas overtook coal as the leading fuel for U.S. power plants in 2016, according to federal data, and has held that title ever since.
It takes roughly 175 million cubic feet of gas per day of gas to generate about 1,000 MW.
Source: Reuters
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Wednesday, 21 November 18
SHIPPING MARKET INSIGHT - DIMITRIS KOURTESIS
Halfway through the fourth and last quarter of the year, we spot a significant change in freight rates for tankers trading dirty, as well as on the ...
Tuesday, 20 November 18
FREIGHT RATES IN THE CRUDE OIL MARKET HAVE ALREADY PICKED UP OVER THE PAST COUPLE OF WEEKS - YIANNIS VAMVAKAS
Current geopolitical developments between Iran and the US, which have led the latter to re-impose its sanctions, have significantly affected oil pr ...
Tuesday, 20 November 18
GOLDEN ENERGY AND RESOURCES LEADS A$249M BID FOR AUSTRALIA-LISTED STANMORE COAL - THE STRAITS TIMES
Singapore-listed Golden Energy and Resources (GEAR) is leading deals worth up to A$249 million (S$250 million) to acquire Australia-listed Stanmore ...
Monday, 19 November 18
INDONESIA'S LEADING EIGHT COAL MINER'S COAL MINING CONTRACTS ARE EXPECTED TO EXPIRE BETWEEN YEAR 2019 - 2025
The Ministry of Energy and Mineral Resources (ESDM) said, eight Coal Contract of Works (CCoW) will expected to expire between 2019 to 2026, Liputan ...
Monday, 19 November 18
SUPRAMAX: THE BSI CONTINUED TO FALL LAST WEEK, ESPECIALLY THE ASIAN ROUTES - BALTIC BRIEFING
Capesize
After a cut throat couple of weeks, the market finally appeared to have found a floor and rates ticked up. Those analysts that predict ...
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- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- PTC India Limited - India
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