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Thursday, 23 December 21
ANNUAL U.S. COAL-FIRED ELECTRICITY GENERATION WILL INCREASE FOR THE FIRST TIME SINCE 2014 - EIA
 From December 20 through December 30, Today in Energy will feature some of our favorite articles from 2021. Today’s article was originally published on October 18.
We expect 22% more U.S. coal-fired generation in 2021 than in 2020, according to our latest Short-Term Energy Outlook (STEO). The U.S. electric power sector has been generating more electricity from coal-fired power plants this year as a result of significantly higher natural gas prices and relatively stable coal prices. This year, 2021, will yield the first year-over-year increase in coal generation in the United States since 2014.
Coal and natural gas have been the two largest sources of electricity generation in the United States. In many areas of the country, these two fuels compete to supply electricity based on their relative costs. U.S. natural gas prices have been more volatile than coal prices, so the cost of natural gas often determines the relative share of generation provided by natural gas and coal.
Because natural gas-fired power plants convert fuel to electricity more efficiently than coal-fired plants, natural gas-fired generation can have an economic advantage even if natural gas prices are slightly higher than coal prices. Between 2015 and 2020, the cost of natural gas delivered to electric generators remained relatively low and stable. This year, however, natural gas prices have been much higher than in recent years. The year-to-date delivered cost of natural gas to U.S. power plants has averaged $4.93 per million British thermal units (Btu), more than double last year’s price.
The overall decline in U.S. electricity demand in 2020 and record-low natural gas prices led coal plants to significantly reduce the percentage of time that they generated power. In 2020, the utilization rate (known as the capacity factor) of U.S. coal-fired generators averaged 40%. Before 2010, coal capacity factors routinely averaged 70% or more. This year’s higher natural gas prices have increased the average coal capacity factor to about 51%, which is almost the 2018 average.
Although rising natural gas prices have resulted in more U.S. coal-fired generation than last year, this increase in coal generation will most likely not continue. The electric power sector has retired about 30% of its generating capacity at coal plants since 2010, and no new coal-fired capacity has come online in the United States since 2013. In addition, coal stocks at U.S. power plants are relatively low, and production at operating coal mines has not been increasing as rapidly as the recent increase in coal demand. For 2022, we forecast that U.S. coal-fired generation will decline about 5% in response to continuing retirements of generating capacity at coal power plants and slightly lower natural gas prices.
Source: EIA
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Thursday, 10 June 21
U.S. COAL PRODUCTION TO TOTAL 600 MMST IN 2021, 11% MORE THAN IN 2020 - EIA
EIA expects U.S. coal production to total 600 million short tons (MMst) in 2021, which is 61 MMst (11%) more than in 2020.
The increase is dri ...
Wednesday, 09 June 21
SHIPTEK INTERNATIONAL CONFERENCE & AWARDS 2021
The In-Person Maritime Event
SHIPTEK INTERNATIONAL CONFERENCE & AWARDS 2021
culminates successfully in Dubai
Press Release: ...
Wednesday, 09 June 21
MARKET INSIGHT - INTERMODAL
“Counter cyclical investments.” usually take place by investing in a “bad” market at the point that ensures that the acquir ...
Saturday, 05 June 21
KOMIPO INVITED 5600 NAR COAL OFFERS FOR THREE YEARS SUPPLY; 520,000 MT PER YEAR
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used a ...
Saturday, 05 June 21
IT'S TIME FOR THE BIDEN ADMINISTRATION TO CHAMPION RENEWABLE ENERGY IN THE PHILIPPINES, NOT NUCLEAR OR FOSSIL GAS - IEEFA
Fossil gas and nuclear investments risk locking in costly, outdated infrastructure for the long-term
The United States has spent the ...
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- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Minerals Council of Australia
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
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