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Tuesday, 24 August 21
TIGHT POWER SUPPLY IN CHINA AMID STRONG DEMAND, HIGH COAL PRICES - FITCH RATINGS
 China experienced tight power supply in 1H21 on stronger than expected power demand as economic activity continued to recover, Fitch Ratings says in its latest China Power Watch report.
Total power consumption rose by 16.2% yoy in 1H21, or 7.6% based on a two-year CAGR, mainly driven by the industrial sector, which contributed 68% to total power consumption. This, together with higher residential demand on hot days, pushed peak loads to record high levels for many regional grids in 2Q21, when hydropower, the second largest contributor of power generation in China, was weak due to low waterflow. As a result, many places in China saw restrictions on power usage.
Tight power supply also reflects weak peak-load flexibility in China. However, China is stepping up efforts to improve the flexibility of its power system. Power generation companies (gencos) are upgrading thermal power plants and increasing peak shaving capacity. They are also investing in power storage projects to ensure stable power supply. The grid company State Grid Corporation of China (SGCC, A+/Stable) is increasing capex on grid infrastructure and we believe this will also enhance grid flexibility.
Coal prices also surged in 1H21 as market demand exceeded domestic production, which is further heightened by a 19.7% yoy decrease in import coal volume. High coal prices will squeeze gencos' profit due to lack of pass-through under the current tariff mechanism. Fitch expects this, together with power gencos' higher capex to fund renewable projects, will result in weakened 2021 credit metrics.
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Monday, 09 August 21
CHINA COAL INVENTORY THINS AMID PEAK POWER DEMAND- STATE MEDIA : REUTERS
China’s coal inventories have dropped to near historic lows since August due to peak summer electricity demand and transportation bottlenecks ...
Wednesday, 04 August 21
THE INDONESIAN COAL PRICE REFERENCE SURGED TO A FRESH RECORD HIGH OF USD 130.99 A TON IN AUGUST 2021
COALspot.com: The Indonesian Coal Price Reference ( HBA) surged to a fresh record high of USD 130.99 a ton in August 2021.
The ...
Wednesday, 04 August 21
MARKET INSIGHT - INTERMODAL
Unlike the Dry Bulk and Container sectors where freight rates have surged into 2021, the tankers market continues to experience lackluster earnings ...
Sunday, 01 August 21
SEABORNE HARD COAL TRADE IN 2020 DECREASED BY 149 MILLION MT, OR 12.1%, TO 1,083 MILLION MT - GERMAN COAL IMPORTERS ASSOCIATION
- Reduced coal-fired power plant fleet secures Germany’s power supply in severe winter of 2020/2021; little wind availability and hence stron ...
Wednesday, 28 July 21
IN THE PHILIPPINES, COAL’S DEMISE MAKES WAY FOR A RENEWABLE ENERGY BOOM - IEEFA
Imported gas lock-in could undermine the economic benefits of a clean energy transition
The Philippines’ energy sector is on t ...
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- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- The University of Queensland
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
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