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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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Tuesday, 29 March 22
MEMR OF INDONESIA HAS FIXED COAL PRICE AT US$ 90 PER TONNE FOR DOMESTIC INDUSTRIES EXCEPT SMELTER INDUSTRIES; FOR PLN USD 70 IS APPLICABLE
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif has set the selling price of coal for domestic, industrial except metal processing an ...
Monday, 21 March 22
A FORCE MAJEURE TO BE RECKONED WITH - BALTIC EXCHANGE
Sanctions cause payment confusion
This dispute in MUR Shipping BV v. RTI Ltd [2022] EWHC 467 (Comm) related to an owner’s purported exercis ...
Monday, 21 March 22
CHINA'S COAL OUTPUT UP 10.3 PCT IN FIRST TWO MONTHS - XINHUA
China’s raw coal output posted fast growth in the first two months of 2022, while coal imports continued to shrink, official data showed.
...
Tuesday, 15 March 22
INDUSTRY VETERANS & ORGANIZATIONS HONOURED WITH THE PRESTIGIOUS SHIPTEK INTERNATIONAL AWARDS 2022
Press Release: The 15th edition of the prestigious ShipTek International Conference & Awards 2022 concluded successfully from March 7th - 8th 2 ...
Tuesday, 15 March 22
CHINA'S COAL OUTPUT GROWS TO STABILIZE MARKET SUPPLY - XINHUA
China’s coal market has seen growth in output since late February amid the country’s efforts to stabilize production and ensure supply, ...
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- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- The University of Queensland
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
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