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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, 03 February 22
COAL SHORTAGE NOW AT ALARMING LEVELS, SAY ALUMINIUM PRODUCERS - IANS
With no relief in sight despite coal stocks running critically low and production disruptions looming across the Indian aluminium sector, the Alumi ...
Wednesday, 02 February 22
HIGH COKING COAL PRICES PROVIDE GLIMPSE INTO STEELMAKING'S FUTURE - MCKINSEY
Last year was a volatile one in global commodity markets. Demand for coking coal, an essential raw material in the production of steel, was extreme ...
Wednesday, 02 February 22
INDONESIA'S RESTRICTIONS ON COMMODITIES RATTLE MARKETS, MORE MOVES LIKELY - REUTERS
In just the first month of this year, Indonesian policymakers have rattled global markets with restrictions on some of its biggest commodities expo ...
Wednesday, 02 February 22
CHINA'S TOP COAL PRODUCER FORECASTS 28 PCT PROFIT GROWTH IN 2021 - XINHUA
China Shenhua Energy Company Limited, one of the country’s biggest coal producers, said its net profits are expected to jump by 28 percent in ...
Wednesday, 02 February 22
COAL STORAGE IN CHINA’S POWER PLANTS NEAR RECORD HIGHS - XINHUA
Coal inflows into China’s power plants have picked up, bringing their coal storage to near record highs, the National Development and Reform ...
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- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The University of Queensland
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Central Electricity Authority - India
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
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