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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 $4.93 per million British thermal units (Btu), more than double last year’s price.
The overall decline in U.S. electricity demand in 2020 and record-low natural gas prices led coal plants to significantly reduce the percentage of time that they generated power. In 2020, the utilization rate (known as the capacity factor) of U.S. coal-fired generators averaged 40%. Before 2010, coal capacity factors routinely averaged 70% or more. This year’s higher natural gas prices have increased the average coal capacity factor to about 51%, which is almost the 2018 average.
Although rising natural gas prices have resulted in more U.S. coal-fired generation than last year, this increase in coal generation will most likely not continue. The electric power sector has retired about 30% of its generating capacity at coal plants since 2010, and no new coal-fired capacity has come online in the United States since 2013. In addition, coal stocks at U.S. power plants are relatively low, and production at operating coal mines has not been increasing as rapidly as the recent increase in coal demand. For 2022, we forecast that U.S. coal-fired generation will decline about 5% in response to continuing retirements of generating capacity at coal power plants and slightly lower natural gas prices.
Source: EIA
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Wednesday, 10 February 21
MARKET INSIGHT - INTERMODAL
We have just entered February, Chinese New Year holidays are about to start and the SnP market for bulkers is so hot as every seller would dream of ...
Tuesday, 09 February 21
SWITCHING COAL PLANTS TO PLN'S BIOMASS COFIRING PLAN IS NO MAGIC BULLET - IEEFA
Implementation risks for Indonesia PLN's switch from coal to biomass cofiring
PLN’s biomass cofiring plan will require not ...
Friday, 05 February 21
THE INDONESIA COAL PRICE REFERENCE FOR FEBRUARY 2021 SETTLES AT US$ 87.79 PER TON FOB VESSEL
COALspot.com: The Indonesia coal price reference for February 2021 settles at US$ 87.79 per ton FOB vessel. The February reference price is the hig ...
Thursday, 04 February 21
WHY BANGLADESH SHOULDN’T COUNT ON A FOSSIL FUEL FUTURE - IEEFA
Around US$50 billion of LNG projects in Asia at risk of cancellation
Two astonishing figures have circulated in the Asian energy sector in the ...
Wednesday, 03 February 21
INDONESIA TO EXPORT 395 MILLION TONS OF COAL IN 2021 - ESDM
Data from the Ministry of Energy and Mineral Resources shows that, Indonesia is planning to produce 550 million Ton of coal in 2021 and as of t ...
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- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- GMR Energy Limited - India
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- PTC India Limited - India
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- The University of Queensland
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
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