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Thursday, 27 May 21
CHINA'S POWER DEMAND EXCEEDS PRE-PANDEMIC LEVELS; RENEWABLES TO DRIVE DEVELOPMENT - FITCH RATINGS
 China's power consumption exceeded the pre-Covid-19 levels in 1Q21 due to the country's fast economic recovery, with strong output from thermal power in the last heating season, Fitch Ratings says. However, Fitch Ratings further says, we expect renewable energy to continue driving power installation and investment in 2021 as China aims to achieve carbon neutrality by 2060.
Power demand rose by 21.2% yoy to 1,921.9GWh in 1Q21, exceeding 1Q19 by 14.4%, driven by the industrial sector's 15.3% increase and the tertiary sector's 16.5% gain. Tertiary demand was marked by the rapid consumption growth of information and technology services. Demand from the charging and battery swapping industry also surged on faster growth in the new-energy vehicle sector.
Thermal power output increased 21.1% yoy in 1Q21, accounting for 73% of total power supply. This was 7pp higher than the contribution of thermal power to generation in 2020, although the proportion of coal-fired power capacity in China's fuel mix decreased to 48.8% in 1Q21 after dropping to below 50% for the first time by end-2020. This was due to higher output from heating power co-generation thermal units in the heating seasons and lower wind and solar contribution in winter.
Non-fossil fuels led installations and investments, accounting for 55% of new power generation capacity and 90% of generation capex in 1Q21, while 1Q21 capex contribution from thermal power fell to 10.1%, from 10.5% in 2020, under the government's restrictions on thermal power installations given the environmental ramifications.
China is also improving coal-fired power plants' flexibility. Some provinces, such as Shandong, have extended the service life of some large and efficient coal-fired power units, ensuring a stable power supply as renewable energy is usually affected by the intermittent nature of its source.
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Thursday, 01 July 21
WHY INDIA’S SOLAR POWER TARIFFS ARE CLIMBING AFTER HITTING RECORD LOWS LAST YEAR - IEEFA
What’s behind the recent increase?
Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2 ...
Thursday, 01 July 21
END TO COAL POWER BROUGHT FORWARD TO OCTOBER 2024
Press Release: The deadline to phase out coal from Great Britain's energy system has been brought forward by a whole year, highlighting the UK& ...
Thursday, 01 July 21
WHY BUILD 600 NEW UNPROFITABLE COAL PLANTS? - DEUTSCHE WELLE
Governments in Asia are planning 600 new coal plants that could lose investors $150 billion and derail efforts to limit temperature rise in line wi ...
Thursday, 01 July 21
FIVE ASIAN COUNTRIES ACCOUNT FOR 80% OF NEW COAL POWER INVESTMENT - THE GUARDIAN
Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new coal plants, according to a rep ...
Wednesday, 30 June 21
DELTA DUNIA MAKMUR RECORDED AN IMPROVED REVENUE IN Q1 2021; REVENUE INCREASED BY 49% QOQ TO US$160 MILLION ON THE BACK OF COAL PRICE RECOVERY
PT Delta Dunia Makmur Tbk. (“DOID”) released its consolidated financial and operating results that include its primary and wholly-owned ...
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- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
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