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Friday, 09 July 21
EIA FORECASTS COAL’S GENERATION SHARE IN U.S TO RISE FROM 20% IN 2020 TO 24% THIS YEAR BUT TO FALL TO 22% NEXT YEAR
 The July Short-Term Energy Outlook (STEO) of EIA remains subject to heightened levels of uncertainty related to the ongoing economic recovery from the COVID-19 pandemic. U.S. economic activity continues to rise after reaching multiyear lows in the second quarter of 2020 (2Q20). The increase in economic activity and easing of the COVID-19 pandemic have contributed to rising energy use. U.S. gross domestic product (GDP) declined by 3.5% in 2020 from 2019 levels. This STEO assumes U.S. GDP will grow by 7.4% in 2021 and by 5.0% in 2022. We based the U.S. macroeconomic assumptions in this outlook on forecasts by IHS Markit.
EIA's July Short-Term Energy Outlook noted that, Brent crude oil spot prices averaged $73 per barrel (b) in June, up $5/b from May and $33/b higher than in June of last year. In the coming months, we expect that global oil production, largely from OPEC+ members (OPEC and partner nonmember countries), will increase by more than global oil consumption. We expect rising production will reduce the persistent global oil inventory draws that have occurred for much of the past year and keep prices similar to current levels, averaging $72/b during the second half of 2021 (2H21). However, in 2022, we expect that continuing growth in production from OPEC+ and accelerating growth in U.S. tight oil production, along with other supply growth, will outpace growth in global oil consumption and contribute to declining oil prices. Based on these factors, we expect Brent to average $67/b in 2022.
EIA expects U.S. coal production to total 617 million short tons (MMst) in 2021, which is 78 MMst (15%) more than in 2020. Rising electricity demand for coal amid higher natural gas prices is driving this production increase. In 2022, we expect coal production to fall by 7 MMst (1%).
EIA also forecasts coal’s generation share to rise from 20% in 2020 to 24% this year but to fall to 22% next year. In th meantime, the share of electric power generation produced by natural gas in the United States will average 36% in both 2021 and 2022, down from 39% in 2020. Our forecast for the natural gas share as a generation fuel declines because we expect a higher delivered natural gas price for electricity generators.
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Wednesday, 01 December 21
SUPPLY OF COAL TO POWER PLANTS IN NOV MORE THAN CONSUMPTION: JOSHI - PTI
The supply of coal to power plants in November is more than the consumption, resulting in rise in stock of dry fuel at power plants, and this trend ...
Wednesday, 01 December 21
MARKET INSIGHT - INTERMODAL
Essentially, anyone involved in the shipping and commodity markets still struggle with commodity supply issues and skyrocketing prices in the conte ...
Tuesday, 30 November 21
CHINA'S TOP ECONOMIC PLANNER SUMMONS COAL PRODUCERS; LONG-TERM PRICING MECHANISM IS ADVISED - GLOBAL TIMES
China’s top economic planner the National Development and Reform Commission (NDRC) said on Monday that they summoned coal producers for a hea ...
Tuesday, 30 November 21
CHINA'S COAL PRICES PLUNGE AFTER GOVT SIGNALS MORE PRICE REGULATION - REUTERS
China’s thermal coal futures dropped 5.6% on Monday after the state economic planner signaled further regulations for prices of the dirty pow ...
Friday, 26 November 21
AS COAL MARKET STABILIZES, CHINA STEPS UP NATURAL GAS SUPPLY TO MEET WINTER DEMAND - GLOBAL TIMES
The daily supply of natural gas in China has exceeded 1 billion cubic meters (bcm) since November began, up 11 percent year-on-year, data from stat ...
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- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Planning Commission, India
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
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