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Monday, 04 January 21
U.S. RENEWABLE ENERGY CONSUMPTION SURPASSES COAL FOR THE FIRST TIME IN OVER 130 YEARS - EIA
 In 2019, U.S. annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the U.S. Energy Information Administration’s (EIA) Monthly Energy Review. This outcome mainly reflects the continued decline in the amount of coal used for electricity generation over the past decade as well as growth in renewable energy, mostly from wind and solar. Compared with 2018, coal consumption in the United States decreased nearly 15%, and total renewable energy consumption grew by 1%.
Historically, wood was the main source of U.S. energy until the mid-1800s and was the only commercial-scale renewable source of energy in the United States until the first hydropower plants began producing electricity in the 1880s. Coal was used in the early 1800s as fuel for steam-powered boats and trains and making steel, and it was later used to generate electricity in the 1880s. EIA’s earliest energy estimates began in 1635.
EIA converts sources of energy to common units of heat, called British thermal units (Btu), to compare different types of energy that are reported in different physical units (barrels, cubic feet, tons, kilowatthours, etc.). EIA uses a fossil fuel equivalence to calculate electricity consumption of noncombustible renewables such as wind, hydro, solar, and geothermal.
In 2019, U.S. coal consumption decreased for the sixth consecutive year to 11.3 quadrillion Btu, the lowest level since 1964. Electricity generation from coal has declined significantly over the past decade and, in 2019, fell to its lowest level in 42 years. Natural gas consumption in the electric power sector has significantly increased in recent years and has displaced much of the electricity generation from retired coal plants.
Total renewable energy consumption in the United States grew for the fourth year in a row to a record-high 11.5 quadrillion Btu in 2019. Since 2015, the growth in U.S. renewable energy is almost entirely attributable to the use of wind and solar in the electric power sector. In 2019, electricity generation from wind surpassed hydro for the first time and is now the most-used source of renewable energy for electricity generation in the United States on an annual basis.
Although coal was once commonly used in the industrial, transportation, residential, and commercial sectors, today coal is mostly used in the United States to generate electricity. About 90% of U.S. coal consumption is in the electric power sector, and nearly all the rest is in the industrial sector.
Renewable energy is more broadly consumed by every sector in the United States. About 56% of commercially delivered U.S. renewable energy is used in the electric power sector, mostly from wind and hydroelectric power, but different types are also consumed in the industrial (22%), transportation (12%), residential (7%), and commercial (2%) sectors.
Biomass, which includes wood, biogenic waste, and biofuels, is consumed in every sector. Wood and the losses and co-products from production of biofuels are the main renewable sources used in the industrial sector, and biofuels such as fuel ethanol, biodiesel, and renewable diesel are used in the transportation sector. Wood, waste, solar, and geothermal are among the most common sources used directly in the residential and commercial sectors.
Principal contributor: Mickey Francis
Source: EIA
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Saturday, 27 February 21
CHINA'S BENCHMARK POWER COAL PRICE EDGES DOWN - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Saturday, 27 February 21
FITCH RATINGS REVISES GLOBAL METALS AND MINING PRICE ASSUMPTIONS
Fitch Ratings has revised some of its metals and mining price assumptions as prices for many commodities will benefit in the short term from return ...
Saturday, 27 February 21
MITSUBISHI PULLS OUT OF VINH TAN 3 COAL PROJECT IN VIETNAM - NIKKEI ASIA
Japanese trading house Mitsubishi Corp. decided Thursday to withdraw from the Vinh Tan 3 coal-fired power plant project in Vietnam amid growing int ...
Thursday, 25 February 21
ARE WE ON THE CUSP OF ANOTHER MINING SUPER-CYCLE? - WOOD MACKENZIE
As the first wave of the coronavirus pandemic began to bite, many observers confidently predicted that the end was nigh for global economic activit ...
Thursday, 25 February 21
2020 PROVED TO BE A TRULY TERRIBLE YEAR FOR SEABORNE COAL TRADE - BANCHERO COSTA
Total loadings in the 12 months of 2020 were down -12.7% year-on-year to 1,130 million tonnes, according to vessels tracking data from Refinitiv, s ...
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- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- The University of Queensland
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
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