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Friday, 12 February 21
U.S: WIND SURPASSED COAL AS NO. 1 FUEL SOURCE IN 2020 FOR SOUTHWEST POWER POOL - IEEFA
Wind energy growth due to geography, design factors, and new installations
Wind surpassed coal as the primary power generation source last year for the Southwest Power Pool (SPP), an independent grid operator that provides electricity for a vast territory stretching from the Texas Panhandle to the Canadian border.
An analysis by the Institute for Energy Economics and Financial Analysis (IEEFA) found the growth has been driven by the near tripling of wind resources over a five-year period and improved wind turbine designs.
“There are several reasons why this isn’t surprising,” said David Schlissel, IEEFA director of resource planning analysis and author of the report. “Wind should continue to be the No. 1 fuel source in future years.”
Since 2008, wind generation of electricity has exploded from fewer than 10,000 gigawatt-hours (GWh) in 2008 to more than 70,000 GWh, according to SPP. Besides having a natural advantage of serving utilities located primarily in the Great Plains, an area of high potential for wind, the costs of adding new wind capacity fell by 45 percent between 2010 and 2019. Turbine design improvements, such as larger rotor diameters and higher hub heights, have provided better performance as well. Finally, the amount of dispatchable wind capacity—a source of power that can be turned on and off—soared from 27 percent of capacity in 2014 to more than 75 percent in 2019.
The increased wind generation has come largely at the expense of coal. In 2007, wind held a 2.6 percent market share. It’s now 31.3 percent. During the same period, coal’s share of the market fell from 64 percent to 30.9 percent. The decline has occurred even as the volume of self-committed megawatts (the ability of producers to decide that the power from their specific generator(s) should be dispatched into the grid) at coal plants has outpaced the next-largest fuel source by a 4-to-1 margin.
A combination of significant additions of renewable resources and low natural gas prices is expected to continue to cut into coal’s dwindling market share. SPP has announced plans to add almost 90 gigawatts (GW) of renewables in the near future. Almost 90 percent of SPP’s coal plants have been in service for more than 30 years, which means they’re likely to be less efficient because they burn coal at higher heat rates and are more likely to be replaced by cleaner, cheaper renewables.
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Friday, 09 July 21
CAN WE EXPECT AFFORDABLE POWER SUPPLY BY REPLACING COAL BASED POWER WITH LNG? - FINANCIAL EXPRESS
Bangladesh government’s recent decision to cancel the contracts for 10 coal fired power plants in late June 2021 has invited interest in the ...
Thursday, 08 July 21
STRONGEST HALF YEAR FOR SHIPPING MARKETS SINCE 2008 - CLARKSONS
A year on from peak trade disruption, we update our half year report for the shipping industry profiling a strong recovery and some exceptional ind ...
Tuesday, 06 July 21
INDONESIA COAL PRICE REFERENCE RISES TO 112 MONTHS HIGH IN JULY 2021; 121.15% HIGHER COMPARED TO THAT IN JULY 2020 PRICE
COALspot.com: The Indonesia coal price reference for July 2021 fixed at US$ 115.35 per ton FOB vessel.
The Indonesia coal price referenc ...
Tuesday, 06 July 21
INDONESIAN COAL EXPORTS FELL BY 37% YOY IN 1Q21 DUE TO ADVERSE WEATHER CONDITIONS - FITCH RATINGS
Chinese coal imports declined by 25% yoy in 5M21as a result of both restrictions on Australian coal and the high base in 2020. Import volume in Jan ...
Tuesday, 06 July 21
INDONESIAN 4,200 INDEX HAS ALSO INCREASED TO OVER USD50 PER TONNE SINCE MAY THIS YEAR REFLECTING STRONG CHINESE IMPORT DEMAND - FITCH RATINGS
Price Surge Since March
APAC thermal coal has resumed its price surge since March this year. The benchmark Newcastle 6,000kcal/kg grade c ...
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- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Bhatia International Limited - India
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Planning Commission, India
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
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