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Friday, 04 February 22
RENEWABLES ON THE RISE, COAL CONTINUOUSLY FALLING - EUROPEAN COMMISSION
Although oil (34.5%) and natural gas (23.7%) were still the most important fuel sources in the EU energy mix in 2020, renewable energy’s share continued to rise. After surpassing coal and nuclear, renewables are on the way to becoming the most important energy source in a future EU climate-neutral economy.
In 2020, solid fossil fuels (coal) continued the downward trend of previous years and clocked another 18.3% fall, decreasing for the fifth consecutive year. Compared with 2015, it has dropped by 40%. Their share in the supply mix is now barely above 10%, while in 1990, it was 25.7%.
This information comes from data released by Eurostat recently.
Oil and petroleum products (excluding blended biofuel portion) also declined by 12.6% in 2020, reaching the lowest levels since 1990. Natural gas saw the same tendency, but on a minor scale, decreasing by 2.4%. Nuclear fell by 10.7% and also reached the lowest levels since 1990.
Renewable energies and biofuels continue their long-term upward trend. After surpassing solid fossil fuels and nuclear in the previous decade, the next milestone towards a more sustainable and carbon-free economy would be to exceed natural gas.
COVID-19 impact most noticeable in petroleum product
In terms of consumption, the impact of COVID-19-related restrictions in 2020 was more substantial on the use of petroleum products (-10.3%) than on natural gas (-2.6%) and electricity (-3.8%).
Movement restrictions related to the pandemic affected some petroleum products more than other fuels. Kerosene-type jet fuel registered a notable drop (-48.1%), while motor gasoline (-13.9%) saw a smaller decrease.
Oil continues to be the most important fuel on the end-use side with a 35.0% share, followed by electricity with 23.2% and natural gas with 21.9%.
Source: European Commission
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Thursday, 30 June 22
INVESTMENT IN GLOBAL COAL SUPPLY CHAIN TO HIT $115 BN IN 2022, LED BY CHINA AND INDIA - BUSINESS LINE
At over $80 billion, China and India are anticipated to make up the bulk of global coal investment in 2022, says IEA.
The investment ...
Wednesday, 29 June 22
LNG MARKET REMAINS TIGHT - INTERMODAL
LNG market remains tight currently, mainly driven by the US LNG outage from the recent fire in Freeport LNG terminal together with the recent fall ...
Wednesday, 29 June 22
CHINA'S NEW PLAN FOR RENEWABLE ENERGY DEVELOPMENT FOCUSES ON CONSUMPTION - FITCH RATINGS
China’s focus on consumption penetration for renewable energy development in its recently released 14th five-year plan – 2021 to 2025 & ...
Wednesday, 29 June 22
APAC CORPORATE SECTOR OUTLOOKS SHIFT AMID GLOBAL SHOCKS - FITCH RATINGS’
Fitch Ratings’ mid-2022 corporate sector outlook review revealed that the Asia-Pacific (APAC) region saw the largest number of sector outlook ...
Thursday, 16 June 22
MARKET INSIGHT - INTERMODAL
Picking up from my last insight in March, on the early days of the invasion, it's worth pointing out the way that the fast-paced working enviro ...
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- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- White Energy Company Limited
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Australian Coal Association
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
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