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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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- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- GMR Energy Limited - India
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
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