We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 31 October 22
U.S. COAL-FIRED GENERATION DECLINING AFTER BRIEF RISE LAST YEAR - EIA
.jpg) We expect 6% less U.S. coal-fired generation in 2022 than in 2021, according to our latest Short-Term Energy Outlook (STEO). Although coal-fired generation declined each year between 2014 and 2020, it rose 16% in 2021 as a result of increased electricity demand and higher natural gas prices following the pandemic. Despite natural gas prices remaining high, coal-fired generation has continued its previous trend of decline this year as a result of constrained coal supply.
Coal and natural gas are two of the most prevalent sources of power generation in the United States. Natural gas-fired power plants that use modern combined-cycle technology can compete effectively with coal-fired generation because they operate with 30% to 35% greater efficiency. This difference affects relative fuel costs between coal and natural gas and the substitution between the two fuels.
Between 2020 and 2021, the delivered cost of natural gas for power generators nearly doubled while the delivered cost of coal grew by only 3%. The increase in natural gas prices caused the share of total natural gas-fired generation to fall to 37% in 2021 from 39% in 2020. In contrast, coal-fired generation increased in 2021 for the first time since 2014 and averaged 23% of U.S. generation, up from 20% in 2020.
The cost of delivering fuel to coal-fired and natural gas-fired generators depends on a wide variety of factors. Wholesale power prices are generally set by the price of natural gas, and natural gas prices have been volatile throughout most of 2022. Compared with coal-fired generators, costs for natural gas-fired generators are more dynamic. Natural gas is bought mostly in the daily, monthly, and seasonal markets to align fuel needs with power sales, which can be highly uncertain. Costs for coal-fired generators are more static because delivered coal prices are mostly based on long-term contracts and remain relatively steady for longer periods. So far this year, as reported to EIA, the delivered price of natural gas has increased more in percentage terms than the delivered price of coal, but natural gas prices for generators may decrease substantially in the fourth quarter.
Despite higher natural gas prices in 2022, we expect natural gas-fired generation will increase slightly this year, and its share of annual U.S. generation will increase from 37% to 38%. The electric power sector is not moving away from natural gas as we expected previously because coal-fired power plants, which have historically acted as a substitute for natural gas generation, have not been receiving enough coal to meet demand. We expect coal production to increase by less than 2% during 2022, and we expect much of that gain to be exported. We expect that the share of generation provided by coal will return to 20% in 2022, down from 23% last year.
Most coal is delivered to power plants by railroads in the United States, which have encountered a number of disruptions this year. Although U.S. coal inventories have been declining in recent years as coal-fired generators have retired, the limitations on coal deliveries have further constrained generators’ ability to replenish stocks and increase generation. During the first seven months of 2022, coal inventories at power plants averaged 23% lower than in 2021.
Source: EIA
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 17 August 22
PAXOCEAN, HONG LAM MARINE AND BUREAU VERITAS SIGN MOU TO DEVELOP AMMONIA BUNKER VESSEL DESIGN - BUREAU VERITAS
PaxOcean Engineering Pte. Ltd. has signed a Memorandum of Understanding (MOU) with Singapore-based bunker vessel operator Hong Lam Marine and class ...
Wednesday, 17 August 22
GOODFUELSS ASIA-PACIFIC BRANCH KICKSTARTS SUSTAINABLE BIOFUEL DELIVERIES WITH NYK AS FIRST CLIENT - GOOD FUELS
GoodFuels, the leading biofuels pioneer for the global transport industry, has today announced that it has successfully supplied sustainable marine ...
Tuesday, 16 August 22
EU BAN ON RUSSIAN COAL IMPORTS COMES INTO FORCE - DEUTSCHE WELLE
The European Union banned Russian coal imports in response to the invasion of Ukraine as part of sanctions in April. Since then, it’s been sc ...
Thursday, 11 August 22
MARKET INSIGHT - INTERMODAL
On July 22nd, Ukraine signed a deal with Russia to release 22mn tons of grain from Ukraine’s 3 major ports (Yuzhny, Chornomorsk, Odesa). Such ...
Wednesday, 10 August 22
THE FUTURE OF COAL: EIGHT KEY THEMES FROM THE GLOBAL COAL FORUM - WOOD MACKENZIE
Coal investors face a multi-layered and unavoidable challenge: markets distorted by war, trade constraints and the existential threat of the energy ...
|
|
|
Showing 261 to 265 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- White Energy Company Limited
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Independent Power Producers Association of India
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
|
| |
| |
|
