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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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Wednesday, 24 February 21
MARKET INSIGHT - INTERMODAL
With yields of up to 563%, the shares of Greek shipping companies listed on Wall Street are recorded. The Coronavirus pandemic has not significantl ...
Sunday, 21 February 21
ANZ DIVESTING FROM THE WORLD’S LARGEST COAL EXPORT PORT IS 'PRAGMATISM' - IEEFA
The biggest buyers of Australian thermal coal have committed to net-zero emissions
ANZ, Australia’s third largest bank, has decided to s ...
Sunday, 21 February 21
EDITORIAL: TIME FOR BANGLADESH TO FOCUS ON RENEWABLE ENERGY, NOT COAL - DHAKA TRIBUNE
Shifting away from coal is not only desirable, but absolutely necessary in these times.
In spite of being detrimental to environment ...
Wednesday, 17 February 21
STRANDED ASSETS A LONG-TERM RISK FOR MAJOR FOSSIL FUEL EXPORTERS - FITCH RATINGS
Fossil exporters face a loss of GDP, government revenue and export receipts from the transition to a lower-carbon economy over the coming decades. ...
Wednesday, 10 February 21
FY21 COAL DEMAND MAY BE LOWER THAN PREVIOUSLY ESTIMATED DUE TO COVID-19: PRALHAD JOSHI - PTI
Coal demand in the current fiscal may be lower than the initial estimate of 1,085 million tonnes (MT) due to the impact of COVID-19, Parliament was ...
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- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
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- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
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- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Economic Council, Georgia
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- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- The University of Queensland
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- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
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- Coal and Oil Company - UAE
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- Wood Mackenzie - Singapore
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- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
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- Bulk Trading Sa - Switzerland
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- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- White Energy Company Limited
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Parliament of New Zealand
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- Siam City Cement - Thailand
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- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
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- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
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- Formosa Plastics Group - Taiwan
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- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
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- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
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- Global Business Power Corporation, Philippines
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
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- Australian Commodity Traders Exchange
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- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Neyveli Lignite Corporation Ltd, - India
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- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
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- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
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- McConnell Dowell - Australia
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- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
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- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
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