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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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Sunday, 11 July 21
ROBUST CHINA COAL DEMAND AMID AUSTRALIA IMPORT BAN FUELS PRICE RALLY - REUTERS
Seaborne coal has become a quiet winner among energy commodities, lacking the attention of higher-profile crude oil and liquefied natural gas (LNG) ...
Saturday, 10 July 21
OVERESTIMATED LCOES OF COAL-FIRED POWER PLANTS CREATE A FINANCIAL BUBBLE - IEEFA
Massive stranded asset risk detrimentally affects the financial and power distribution
India’s future coal-fired power project pipeline ...
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 ...
Friday, 09 July 21
KOREA SOUTH-EAST POWER CO., LTD. INVITES BIDS FOR 1.86 MILLION TONS OF COAL OF 5600 & 4000 NCV COAL FOR THREE YEARS
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 280,000 – 300,000 MT of Min. ...
Friday, 09 July 21
CAN WE EXPECT AFFORDABLE POWER SUPPLY BY REPLACING COAL BASED POWER WITH LNG? - FINANCIAL EXPRESS
Bangladesh government’s recent decision to cancel the contracts for 10 coal fired power plants in late June 2021 has invited interest in the ...
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- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Planning Commission, India
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- PTC India Limited - India
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
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