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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 In ERCOT territory, most of this year’s decline in coal generation has been replaced by renewables rather than gas, the EIA says.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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Saturday, 01 August 20
ASIA HOPE FOR LONG-TERM OIL DEMAND - BALTIC BRIEFING
Oil demand in Asia Pacific might be expected to plunge 1.8m barrels per day (bpd) this year, but there are still strong prospects for growth over t ...
Friday, 31 July 20
SHORT-TERM IMPACT ON THE CHEMICAL SHIPPING MARKET IF THE INDIA-CHINA DISPUTE ESCALATES - DREWRY
Due to the India-China dispute, the threat of deteriorating trade relations between the two countries has become real. Meanwhile, we expect freight ...
Friday, 31 July 20
PANAMAX: THE PERIOD MARKET REMAINS QUIET WITH FEW FIXTURES REPORTED - FEARNLEYS
Capesize
After weeks of dropping rates, there are finally some resistance for the Capes. Pacific rounds improving to upper15,000s by the middle ...
Friday, 31 July 20
PANDEMIC SENDING SOUTH AFRICAN COAL INDUSTRY TO EARLIER GRAVE - IEEFA
Could South Africa’s coal export industry, one of the largest in the world, be about to take a severe hit from the coronavirus?
...
Friday, 31 July 20
BOTSWANA PLANS MORE COAL-FIRED POWER AS AFRICAN SOLAR ACCELERATES - IEEFA
An African economic leader like Botswana should embrace solar to reduce subsidies and tariff hikes
As Sub-Saharan solar ambition has ...
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- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
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