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Thursday, 15 July 21
U.S. FOSSIL FUEL CONSUMPTION FELL BY 9% IN 2020, THE LOWEST LEVEL IN NEARLY 30 YEARS - EIA
 U.S. fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years
In 2020, total consumption of fossil fuels in the United States, including petroleum, natural gas, and coal, fell to 72.9 quadrillion British thermal units (Btu), down 9% from 2019 and the lowest level since 1991, according to our Monthly Energy Review. Our new chart of U.S. fossil fuel consumption by source and sector shows how each sector consumes fossil fuels. The chart also shows fossil fuels used for industrial non-combustion or nonfuel purposes, for example, in making plastics and chemicals.
Last year marked the largest annual decrease in U.S. fossil fuel consumption in both absolute and percentage terms since at least 1949, the earliest year in our annual data series. Economic responses to the COVID-19 pandemic in 2020, including a 15% decrease in energy consumption in the U.S. transportation sector, drove much of the decline. The United States also had relatively warmer weather in 2020, which reduced demand for heating fuels.
We convert sources of energy to common units of heat, called British thermal units (Btu), to compare different types of energy that are usually measured in units that are not directly comparable.
Petroleum products, including motor gasoline, distillate fuel oil (diesel), and hydrocarbon gas liquids (HGLs), accounted for 44% of U.S. fossil fuel consumption in 2020. Every sector consumes petroleum, but the transportation sector accounted for about 68% of total petroleum consumption in 2020. Overall, U.S. petroleum consumption fell 13% in 2020 from 2019.
Natural gas accounted for 43% of U.S. fossil fuel consumption in 2020, the largest annual share on record. Every sector consumes natural gas, but the electric power sector accounted for a record-high 38% of total natural gas consumption to generate electricity and heat in 2020. Over 80% of the fossil fuel energy directly consumed in the residential and commercial sectors is natural gas, and it is mostly used for space heating. Overall, U.S. natural gas consumption decreased 2% in 2020 from 2019.
Coal accounted for 13% of U.S. fossil fuel consumption in 2020, the lowest annual share since 1949. Overall, U.S. coal consumption fell 19% in 2020 from 2019, the largest annual decrease on record. The electric power sector consumed about 90% of total coal consumption to generate electricity and heat in 2020. Coal used for electricity generation has steadily declined over the past decade, although we expect it to increase this year, according to the June update of our Short-Term Energy Outlook.
Nonfuel use of fossil fuels accounted for about 8% of U.S. fossil fuel consumption in 2020. Fossil fuels can be consumed—and not combusted, or burned—when they are used directly as construction materials, chemical feedstocks, lubricants, solvents, and waxes. HGLs accounted for 48% of U.S. nonfuel use of fossil fuels in 2020.
Principal contributor: Mickey Francis
Source: EIA
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Thursday, 08 July 21
STRONGEST HALF YEAR FOR SHIPPING MARKETS SINCE 2008 - CLARKSONS
A year on from peak trade disruption, we update our half year report for the shipping industry profiling a strong recovery and some exceptional ind ...
Tuesday, 06 July 21
INDONESIA COAL PRICE REFERENCE RISES TO 112 MONTHS HIGH IN JULY 2021; 121.15% HIGHER COMPARED TO THAT IN JULY 2020 PRICE
COALspot.com: The Indonesia coal price reference for July 2021 fixed at US$ 115.35 per ton FOB vessel.
The Indonesia coal price referenc ...
Tuesday, 06 July 21
INDONESIAN COAL EXPORTS FELL BY 37% YOY IN 1Q21 DUE TO ADVERSE WEATHER CONDITIONS - FITCH RATINGS
Chinese coal imports declined by 25% yoy in 5M21as a result of both restrictions on Australian coal and the high base in 2020. Import volume in Jan ...
Tuesday, 06 July 21
INDONESIAN 4,200 INDEX HAS ALSO INCREASED TO OVER USD50 PER TONNE SINCE MAY THIS YEAR REFLECTING STRONG CHINESE IMPORT DEMAND - FITCH RATINGS
Price Surge Since March
APAC thermal coal has resumed its price surge since March this year. The benchmark Newcastle 6,000kcal/kg grade c ...
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 ...
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- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Australian Coal Association
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
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