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Friday, 14 August 20
EIA: COAL PLANTS UNECONOMICAL IN MOST REGIONS - IEEFA
 U.S. coal power generation plunged by 30 percent in the first half of 2020 off an already-depressed base, shoved out by natural gas and renewables amid low energy prices linked to the COVID-19 pandemic, according to new figures from the Energy Information Administration.
Since its peak in 2007, U.S. coal consumption has been on the decline. But the trajectory of its fall has been getting steeper, and 2020 looks set to be an unprecedentedly terrible year for the sector. Electricity generation accounts for more than 90 percent of U.S. coal consumption. In 2019, coal generation fell to a 42-year low, dropping by a record 16 percent. That record low does not look like it will last for long.
Renewable electricity output rose 5 percent in the first half of 2020, and natural-gas generation surged by 9 percent in the lower 48 states, the EIA says, with gas-fired generation hitting a record U.S. high in late July during the typical summertime peak.
Natural gas was already the leading source of U.S. power generation by some distance, with a 38 percent share in 2019, followed by coal (23 percent), nuclear (20 percent) and renewables (17 percent). The EIA’s renewables tally typically does not include behind-the-meter systems such as rooftop solar, a rapidly growing market in many parts of the country.
While coal power’s slide is helping to reduce carbon emissions, the reasons for its decline are largely tied to another factor: money. With average monthly Henry Hub natural gas spot prices down more than 30 percent in the first half of the year, to $1.81 per MMBtu, and more than 180 gigawatts of wind and solar plants now online across the country, coal plants have simply become “uneconomical in most regions,” the EIA says.
While low-cost natural gas is the most immediate threat for coal power generators and their fuel suppliers, renewable energy is becoming a more serious competitor in parts of the country, notably the ERCOT grid in Texas. In ERCOT territory, most of this year’s decline in coal generation has been replaced by renewables rather than gas, the EIA says. Gas-fired generation has actually declined slightly in Texas this year.
- Karl-Erik Stromsta -
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Wednesday, 12 August 20
U.S. COAL PRODUCTION IN 2020 WILL DECREASE BY 29% FROM 2019 LEVELS TO 502 MMST - EIA
U.S. coal consumption, which dropped to its lowest point since April, totaled 95 MMst in the second quarter of 2020.
EIA expec ...
Tuesday, 11 August 20
BHP COAL ASSETS WORTH A BILLION LESS THAN JUST TWO YEARS AGO - IEEFA
Another global investor, the UK’s biggest public pension fund NEST, has withdrawn funds from BHP this week because the company is profiting & ...
Monday, 10 August 20
COAL IMPORT DROPS 43% IN JULY OWING TO HIGH STOCKPILE AT PITHEADS, PLANTS - PTI
“The market participants seem to have adopted a wait and watch approach and are currently looking for a direction. We do not expect to see an ...
Saturday, 08 August 20
GLOBAL COAL POWER PUZZLE - BALTIC EXCHANGE
Global Energy Monitor’s latest Global Coal Plant Tracker has put another nail in the coffin for the coal-carrying fleet with its finding that ...
Friday, 07 August 20
PEABODY'S $1.42 BILLION WRITE-DOWN CONCEDES COAL MINES HAVE LITTLE VALUE AND DIM FUTURE - IEEFA
Trouble at biggest mine in Powder River Basin speaks volumes about state of industry
Peabody Energy, the world’s largest priva ...
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- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Planning Commission, India
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
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