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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, 27 May 21
KOMIPO INVITED BIDS FOR 1.56 MILLION TONS OF BITUMINOUS COAL
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 ...
Thursday, 27 May 21
CHINA POWER DEMAND EXCEEDS PRE-COVID-19 LEVELS; THERMAL OUTPUT STRONG - FITCH RATINGS
Rising Consumption: Total power consumption rose by 21.2% yoy to 1,921.9GWh in 1Q21 due to the fast recovery of China’s economy, after a drop ...
Wednesday, 26 May 21
THE INDONESIA COAL PRICE REFERENCE FOR MAY 2021 SETTLES AT US$ 89.74 PER TON
COALspot.com: The Indonesia coal price reference for May 2021 settles at US$ 89.74 per ton FOB vessel.
The Indonesia coal pric ...
Wednesday, 26 May 21
MARKET INSIGHT - INTERMODAL
Last year crude tankers’ newbuilding contracting activity was devastated by the economic effects of the Covid-19 pandemic and the cloud of un ...
Wednesday, 26 May 21
NEW POWER AND ENERGY MASTER PLAN MUST BE DESIGNED IN BANGLADESH'S BEST INTERESTS, NOT JAPAN'S - IEEFA
JICA must deliver a low or zero emissions plan as promised, not fund Matarbari 2 coal plant
Clear understandings from the Bangladesh ...
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- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- MS Steel International - UAE
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- The University of Queensland
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Planning Commission, India
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- PTC India Limited - India
- Ministry of Finance - Indonesia
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