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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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Tuesday, 01 June 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.02 PCT - XINHUA
China Taiyuan coal transaction price index stood at 160.06 points Monday, down 0.02 percent week on week.
The index, released by Chi ...
Tuesday, 01 June 21
BUMA PRODUCED 11.4 MILLION TONNES OF COAL IN 4Q 2020, 5% LOWER COMPARED TO 12.2 MILLION TONNES IN 4Q 2019
PT Delta Dunia Makmur Tbk. presents its newsletter with consolidated financial and operating results that include its primary and wholly-owne ...
Sunday, 30 May 21
PAKISTAN IS PLANNING TO END COAL IMPORTS, WORSENING OUTLOOK FOR SOUTH AFRICAN COAL - IEEFA
The growing and irreversible risks being faced by South African coal exporters
As Thungela Resources’ CEO attempts to talk up ...
Sunday, 30 May 21
G7 COAL FINANCE EXIT AND WHY IT MATTERS FOR INDIA - IEEFA
While India doesn’t rely on export credit finance to fund new coal plants, there are material implications
The commitment by the Group o ...
Saturday, 29 May 21
SKULD’S IMO 2020 SULPHUR CAP EXPERIENCE
More than a year has passed since the International Maritime Organization (IMO) mandate for the 0.50% sulphur cap for marine fuel (MARPOL Annex VI) ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Mercator Lines Limited - India
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