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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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Wednesday, 31 January 24
GAS EXPORTS COST U.S. CONSUMERS MORE THAN $100 BILLION OVER 16-MONTH PERIOD - IEEFA
Limited Demand Growth Could Dampen the Dry Bulk Market in the Coming Months BIMCOStarting in late 2021—before its invasion of Ukraine—R ...
Tuesday, 30 January 24
LIMITED DEMAND GROWTH COULD DAMPEN THE DRY BULK MARKET IN THE COMING MONTHS - BIMCO
Demand
In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for ...
Friday, 26 January 24
RED SEA DIVERSIONS ADD NEARLY A MILLION DOLLARS PER VOYAGE TO SHIPPING COSTS WHILE DOUBLING TRANSIT TIME - LSEG
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage whi ...
Friday, 26 January 24
HARD COAL GUARDIAN ANGEL OF THE ENERGY SUPPLY - GERMANY COAL IMPORTERS ASSOCIATION
- No security of supply without hard coal
- The Substitute Power Plant Provision Act (EKBG) must be extended
- Higher grid fees due to the ...
Thursday, 25 January 24
THE RED SEA ESCALATION IMPLICATIONS ON GLOBAL SEABORNE TRADE - MARIA BERTZELETOU
In recent days, discussions have intensified about the potential impact on the seaborne trade and ton-miles due to the evolving dynamics of market ...
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- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- The University of Queensland
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- PTC India Limited - India
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- White Energy Company Limited
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Economic Council, Georgia
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Australian Coal Association
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
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