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Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
The China Electricity Council (CEC), an industry association, forecast in a yearly report on Tuesday that grid-connected wind and solar would make up around 40% of installed power generation capacity by the end of 2024, compared with coal’s expected 37%.
By comparison, wind and solar together were around 36% of capacity at the end of 2023, and coal was just under 40%.
China will have built around 1,300 gigawatts (GW) of wind and solar capacity by the end of 2024, the CEC expects, meaning it will have already exceeded its official target of 1,200 GW by 2030.
The CEC sees electricity consumption growing by 6% this year, down just slightly from 2023’s 6.7% growth rate, when demand was recovering from a low base following the pandemic.
Source: Reuters
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Planning Commission, India
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
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