COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 17 June 16
CHINA'S NEW POLICY TO REDUCE WASTE IN RENEWABLE ENERGY - FITCH
Chinese renewable energy producers are likely to benefit from a new policy that guarantees a minimum amount of solar and wind power is purchased in certain provinces, Fitch Ratings says. The extent of the impact of this new policy announced by China's National Development and Reform Commission on 27 May 2016 will depend on execution at the provincial level.

According to Fitch, the new policy comes as solar and wind power producers frequently face curtailment, where power grids do not purchase all the energy generated. The wastage arises as the government has not strictly enforced the Renewable Energy Law, which requires grid companies to purchase solar and wind power generated first before buying from other sources. In the past, delayed grid connectivity and higher on-grid priority for power/heating co-generation during the winter season in certain regions contributed to solar and wind power curtailment. Starting from 2015, renewable energy faced additional challenges from slower power demand growth due to the weaker economic growth, and the significant capacity additions by thermal and renewable power producers.

Fitch further noted that, the under the new policy, the NDRC will guarantee that grid companies purchase solar and wind power, based on a minimum utilisation hour for such projects, in 11 provinces where producers face severe curtailment. The 11 provinces are: Inner Mongolia, Xinjiang, Gansu, Jilin, Heilongjiang, Ningxia, Liaoning, Qinghai, parts of Hebei, Shanxi and Shaanxi. The curtailment ratios in these provinces were higher than China's average solar and wind power curtailment ratios of 14% and 26%, respectively, in 1Q16. These provinces represented 69% of China's total wind power generation and 70% of total solar capacity in 2015.

The NDRC's guarantee of a minimum utilisation hour for solar and wind power, which is set to allow these generators a reasonable return, will provide some comfort to renewable energy investors in these provinces, who have seen the utilisation hours for wind and solar power in these provinces decline in the past two years.  The NDRC will guarantee minimum utilisation hour of between 1,800 and 2,000 hours for wind power and between 1,300 and 1,500 hours for solar power in these regions. The average minimum guarantee is about 17% higher than the actual utilisation in 2015, although around 8% lower than that in 2013.

The new NDRC policy also bans new wind and solar power projects in the regions where the utilisation rate is below the minimum amount under the guaranteed purchase policy. There are still 33GW of wind power projects in the pipeline in these 11 provinces, and those that have not started construction may be suspended.

We believe the effectiveness of the guarantee in provinces such as Gansu, Jilin and Heilongjiang will be most dependent on the execution; especially because the policy has not specified who will bear the cost of any non-compliance with the minimum purchase guarantee. These regions' actual utilisation hours in 2015 were 19%-34% below the announced guarantee. The expected growth in power demand in these regions is also weak and export transmission capacity is currently limited. Thermal power (mostly co-gen units) is also running at low utilisation, which means there is limited room to allocate more on-grid capacity to renewable energy without further hurting the thermal power producers.

The NDRC's guarantee does not affect the on-grid tariff subsidies currently in place for solar and wind power. Beyond the minimum purchase guaranteed by NDRC, solar and wind power generators can sell any excess power generated through a market power sales programme. The generators will receive the proceeds from the power sales and any applicable subsidies for solar or wind power, Fitch Ratings says.

The impact of the new policy on the thermal-power sector will be minimal, as wind and solar together account for only 4% of national power generation. We estimate that thermal-power utilisation would only have been less than 1% lower if the off-take from solar and wind projects were at the guaranteed requirement in 2015. However, we expect utilisation levels for coal-fired generation to continue to fall due to the increasing over-capacity in the sector, Fitch Ratings Concluded.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 01 June 16
ZERO SUPPLY TO FUEL GROWTH IN THE DRY BULK MARKET SAYS BIMCO PRESIDENT
The dry bulk market could become profitable again in 2019 – but only if a series of extremely tough and sustained measures are taken by shipo ...


Wednesday, 01 June 16
MARKET INSIGHT - LINOS KOGEVINAS
In another page from this year’s oil drama, oil has, after a series of gains, rebounded to ~$50 / barrel and immediately stopped climbing. &n ...


Tuesday, 31 May 16
CS50 INDONESIA COAL INDEX UP 0.28% COMPARED WITH A WEEK AGO
COALspot.com: Average 5000 GAR coal index of Indonesian origin was up 0.28 percent week over week to averaging $39.01 per ton this past week, shows ...


Monday, 30 May 16
BORYEONG POWER PLANT TO IMPORT HALF A MILLION TONS OF BITUMINOUS COAL
COALspot.com: South Korea’s state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 500,000 Metric Tons of Bituminous Coal T ...


Monday, 30 May 16
BCI ENDING AT 830 POINTS, DOWN 4.6 PER CENT W/W
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this week. The freight market was weak this past ...


   481 482 483 484 485   
Showing 2411 to 2415 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • The State Trading Corporation of India Ltd
  • Indian Oil Corporation Limited
  • Rudhra Energy - India
  • Deutsche Bank - India
  • Indian School of Mines
  • Maruti Cements - India
  • Oldendorff Carriers - Singapore
  • Attock Cement Pakistan Limited
  • Wood Mackenzie - Singapore
  • Ernst & Young Pvt. Ltd.
  • Mintek Dendrill Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Arutmin Indonesia
  • Argus Media - Singapore
  • White Energy Company Limited
  • KPMG - USA
  • Riau Bara Harum - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Asian Development Bank
  • TNB Fuel Sdn Bhd - Malaysia
  • Leighton Contractors Pty Ltd - Australia
  • Kaltim Prima Coal - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Cargill India Pvt Ltd
  • Chettinad Cement Corporation Ltd - India
  • Vitol - Bahrain
  • Metalloyd Limited - United Kingdom
  • Glencore India Pvt. Ltd
  • Latin American Coal - Colombia
  • Altura Mining Limited, Indonesia
  • Ministry of Mines - Canada
  • Orica Australia Pty. Ltd.
  • Holcim Trading Pte Ltd - Singapore
  • Sarangani Energy Corporation, Philippines
  • Power Finance Corporation Ltd., India
  • Coastal Gujarat Power Limited - India
  • Banpu Public Company Limited - Thailand
  • Madhucon Powers Ltd - India
  • ASAPP Information Group - India
  • Barclays Capital - USA
  • Platou - Singapore
  • World Bank
  • Britmindo - Indonesia
  • PLN - Indonesia
  • Karaikal Port Pvt Ltd - India
  • IEA Clean Coal Centre - UK
  • NALCO India
  • Kumho Petrochemical, South Korea
  • VISA Power Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • Ceylon Electricity Board - Sri Lanka
  • International Coal Ventures Pvt Ltd - India
  • Bangladesh Power Developement Board
  • Ambuja Cements Ltd - India
  • Interocean Group of Companies - India
  • Timah Investasi Mineral - Indoneisa
  • PNOC Exploration Corporation - Philippines
  • Mitsui
  • Tanito Harum - Indonesia
  • CoalTek, United States
  • Uttam Galva Steels Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Marubeni Corporation - India
  • Vale Mozambique
  • Eastern Coal Council - USA
  • Lanco Infratech Ltd - India
  • The India Cements Ltd
  • Cigading International Bulk Terminal - Indonesia
  • Japan Coal Energy Center
  • Kideco Jaya Agung - Indonesia
  • Borneo Indobara - Indonesia
  • SMC Global Power, Philippines
  • Semirara Mining Corp, Philippines
  • Independent Power Producers Association of India
  • Inco-Indonesia
  • Savvy Resources Ltd - HongKong
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Surastha Cement
  • Coal Orbis AG
  • Bahari Cakrawala Sebuku - Indonesia
  • Rio Tinto Coal - Australia
  • PetroVietnam
  • SMG Consultants - Indonesia
  • Thiess Contractors Indonesia
  • Core Mineral Indonesia
  • Indogreen Group - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Goldman Sachs - Singapore
  • Carbofer General Trading SA - India
  • IHS Mccloskey Coal Group - USA
  • Formosa Plastics Group - Taiwan
  • Indonesia Power. PT
  • Moodys - Singapore
  • NTPC Limited - India
  • Permata Bank - Indonesia
  • Kobexindo Tractors - Indoneisa
  • DBS Bank - Singapore
  • Indian Energy Exchange, India
  • Thailand Anthracite
  • Australian Coal Association
  • UBS Singapore
  • SN Aboitiz Power Inc, Philippines
  • ETA - Dubai
  • Directorate General of MIneral and Coal - Indonesia
  • GMR Energy Limited - India
  • Maheswari Brothers Coal Limited - India
  • PTC India Limited - India
  • Chamber of Mines of South Africa
  • Indonesian Coal Mining Association
  • Adani Power Ltd - India
  • Freeport Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Ind-Barath Power Infra Limited - India
  • Tamil Nadu electricity Board
  • Ministry of Transport, Egypt
  • Idemitsu - Japan
  • SGS (Thailand) Limited
  • Inspectorate - India
  • Cardiff University - UK
  • Romanian Commodities Exchange
  • IOL Indonesia
  • Credit Suisse - India
  • IMC Shipping - Singapore
  • Grasim Industreis Ltd - India
  • European Bulk Services B.V. - Netherlands
  • Qatrana Cement - Jordan
  • Coeclerici Indonesia
  • Intertek Mineral Services - Indonesia
  • Merrill Lynch Commodities Europe
  • Cebu Energy, Philippines
  • Maersk Broker
  • Runge Indonesia
  • Makarim & Taira - Indonesia
  • Cement Manufacturers Association - India
  • AsiaOL BioFuels Corp., Philippines
  • Merrill Lynch Bank
  • CESC Limited - India
  • Petrosea - Indonesia
  • Bhatia International Limited - India
  • EIA - United States
  • Port Waratah Coal Services - Australia
  • Manunggal Multi Energi - Indonesia
  • GHCL Limited - India
  • APGENCO India
  • BNP Paribas - Singapore
  • Bulk Trading Sa - Switzerland
  • EMO - The Netherlands
  • Agrawal Coal Company - India
  • Simpson Spence & Young - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Mechel - Russia
  • Bhoruka Overseas - Indonesia
  • Lafarge - France
  • WorleyParsons
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Bank of America
  • New Zealand Coal & Carbon
  • ICICI Bank Limited - India
  • Indorama - Singapore
  • Meenaskhi Energy Private Limited - India
  • Bank of China, Malaysia
  • Kobe Steel Ltd - Japan
  • CCIC - Indonesia
  • Commonwealth Bank - Australia
  • Coal India Limited
  • Karbindo Abesyapradhi - Indoneisa
  • Xindia Steels Limited - India
  • MEC Coal - Indonesia
  • Enel Italy
  • Billiton Holdings Pty Ltd - Australia
  • ACC Limited - India
  • Tata Chemicals Ltd - India
  • Edison Trading Spa - Italy
  • Price Waterhouse Coopers - Russia
  • Coal and Oil Company - UAE
  • Semirara Mining and Power Corporation, Philippines
  • London Commodity Brokers - England
  • ANZ Bank - Australia
  • Trasteel International SA, Italy
  • Noble Europe Ltd - UK
  • Coaltrans Conferences
  • Gupta Coal India Ltd
  • Sree Jayajothi Cements Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • SASOL - South Africa
  • Posco Energy - South Korea
  • Cemex - Philippines
  • Parliament of New Zealand
  • TGV SRAAC LIMITED, India
  • Rashtriya Ispat Nigam Limited - India
  • Bukit Baiduri Energy - Indonesia
  • globalCOAL - UK
  • Sindya Power Generating Company Private Ltd
  • Alfred C Toepfer International GmbH - Germany
  • LBH Netherlands Bv - Netherlands
  • KEPCO - South Korea
  • Pendopo Energi Batubara - Indonesia
  • Electricity Generating Authority of Thailand
  • Berau Coal - Indonesia
  • Ministry of Finance - Indonesia
  • Orica Mining Services - Indonesia
  • Videocon Industries ltd - India
  • Global Business Power Corporation, Philippines
  • Globalindo Alam Lestari - Indonesia
  • Meralco Power Generation, Philippines
  • Central Java Power - Indonesia
  • Vedanta Resources Plc - India
  • Infraline Energy - India
  • Electricity Authority, New Zealand
  • Heidelberg Cement - Germany
  • Africa Commodities Group - South Africa
  • GNFC Limited - India
  • Larsen & Toubro Limited - India
  • Fearnleys - India
  • Mercuria Energy - Indonesia
  • Directorate Of Revenue Intelligence - India
  • SUEK AG - Indonesia
  • IBC Asia (S) Pte Ltd
  • HSBC - Hong Kong
  • Wilmar Investment Holdings
  • Petrochimia International Co. Ltd.- Taiwan
  • J M Baxi & Co - India
  • Mitsubishi Corporation
  • U S Energy Resources
  • Malco - India
  • Jaiprakash Power Ventures ltd
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Australian Commodity Traders Exchange
  • Mitra SK Pvt Ltd - India
  • Sucofindo - Indonesia
  • Mjunction Services Limited - India
  • CNBM International Corporation - China
  • Medco Energi Mining Internasional
  • Shenhua Group - China
  • Thermax Limited - India
  • PLN Batubara - Indonesia
  • San Jose City I Power Corp, Philippines
  • Essar Steel Hazira Ltd - India
  • Energy Development Corp, Philippines
  • Aboitiz Power Corporation - Philippines
  • Indo Tambangraya Megah - Indonesia
  • CIMB Investment Bank - Malaysia
  • Jatenergy - Australia
  • UOB Asia (HK) Ltd
  • Siam City Cement PLC, Thailand
  • Anglo American - United Kingdom
  • Kepco SPC Power Corporation, Philippines
  • Maybank - Singapore
  • TRAFIGURA, South Korea
  • Panama Canal Authority
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Minerals Council of Australia
  • Bangkok Bank PCL
  • Thai Mozambique Logistica
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Sakthi Sugars Limited - India
  • Asia Cement - Taiwan
  • BRS Brokers - Singapore
  • JPMorgan - India
  • Siam City Cement - Thailand
  • GAC Shipping (India) Pvt Ltd
  • Global Coal Blending Company Limited - Australia
  • OCBC - Singapore
  • Gujarat Electricity Regulatory Commission - India
  • Bukit Makmur.PT - Indonesia
  • Salva Resources Pvt Ltd - India
  • India Bulls Power Limited - India
  • TNPL - India
  • Dalmia Cement Bharat India
  • Eastern Energy - Thailand
  • Thomson Reuters GRC
  • Samtan Co., Ltd - South Korea
  • Vijayanagar Sugar Pvt Ltd - India
  • TANGEDCO India
  • Parry Sugars Refinery, India
  • Ince & co LLP
  • South Luzon Thermal Energy Corporation
  • Coalindo Energy - Indonesia
  • Platts
  • Total Coal South Africa
  • Asmin Koalindo Tuhup - Indonesia
  • Singapore Mercantile Exchange
  • Geoservices-GeoAssay Lab
  • Russian Coal LLC
  • OPG Power Generation Pvt Ltd - India
  • Bharathi Cement Corporation - India
  • SRK Consulting
  • RBS Sempra - UK
  • Samsung - South Korea
  • Gresik Semen - Indonesia
  • Petron Corporation, Philippines
  • ING Bank NV - Singapore
  • Arch Coal - USA
  • Energy Link Ltd, New Zealand
  • Binh Thuan Hamico - Vietnam
  • Georgia Ports Authority, United States
  • Central Electricity Authority - India
  • Planning Commission, India
  • GB Group - China
  • Barasentosa Lestari - Indonesia
  • Thriveni
  • Miang Besar Coal Terminal - Indonesia
  • Tata Power - India
  • Vizag Seaport Private Limited - India
  • Xstrata Coal
  • Baramulti Group, Indonesia
  • Cosco
  • Maharashtra Electricity Regulatory Commission - India
  • Economic Council, Georgia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • MS Steel International - UAE
  • Therma Luzon, Inc, Philippines
  • Gujarat Sidhee Cement - India
  • Aditya Birla Group - India
  • Peabody Energy - USA
  • Straits Asia Resources Limited - Singapore
  • McConnell Dowell - Australia
  • Humpuss - Indonesia
  • Antam Resourcindo - Indonesia
  • KOWEPO - South Korea
  • Neyveli Lignite Corporation Ltd, - India
  • Indika Energy - Indonesia
  • Sojitz Corporation - Japan
  • Bhushan Steel Limited - India
  • TeaM Sual Corporation - Philippines
  • Mercator Lines Limited - India
  • GVK Power & Infra Limited - India
  • Kartika Selabumi Mining - Indonesia
  • Sical Logistics Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Shree Cement - India
  • McKinsey & Co - India
  • Standard Chartered Bank - UAE
  • JPower - Japan
  • Malabar Cements Ltd - India
  • Star Paper Mills Limited - India
  • Clarksons - UK
  • Pipit Mutiara Jaya. PT, Indonesia
  • Toyota Tsusho Corporation, Japan
  • Iligan Light & Power Inc, Philippines
  • Adaro Indonesia
  • KPCL - India
  • The University of Queensland
  • Deloitte Consulting - India
  • PetroVietnam Power Coal Import and Supply Company
  • Jorong Barutama Greston.PT - Indonesia
  • Reliance Power - India
  • Gujarat Mineral Development Corp Ltd - India
  • bp singapore
  • Jindal Steel & Power Ltd - India
  • Renaissance Capital - South Africa
  • Pinang Coal Indonesia
  • The Treasury - Australian Government
  • PowerSource Philippines DevCo
  • World Coal - UK