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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, 08 September 21
MARKET INSIGHT - INTERMODAL
Last August was extremely hot in the dry bulk market with rates rising at levels that we have years to witness. The dry bulk index exceeded the 4,0 ...
Wednesday, 01 September 21
KOMIPO TO BUY 1.56 MILLION TONS OF 5600 NAR COAL OF AUSTRALIA OR SOUTH AFRICAN ORIGIN FOR 2022 - 2024
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used a ...
Wednesday, 01 September 21
MARKET INSIGHT - INTERMODAL
As the summer season is coming to an end, the dry bulk market continues to rally. The confidence that the outstanding freight market performance ha ...
Monday, 30 August 21
68% OF U.S. COAL FLEET RETIREMENTS SINCE 2011 WERE PLANTS FUELED BY BITUMINOUS COAL - EIA
In 2011, the United States had 317.6 gigawatts (GW) of coal-fired electric generation capacity. About 88.7 GW of that capacity was retired in the d ...
Friday, 27 August 21
ALL YOU NEED TO KNOW ABOUT COAL'S MASSIVE RALLY AND NEAR-TERM OUTLOOK - CNBCTV18
Australia’s thermal coal at Newcastle Port, the benchmark for the vast Asian market, has surged over 100 percent this year to trade above $16 ...
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- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
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- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Marubeni Corporation - India
- PTC India Limited - India
- The Treasury - Australian Government
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Australian Coal Association
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
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- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Carbofer General Trading SA - India
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