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Friday, 31 January 20
EIA EXPECTS U.S. ELECTRICITY GENERATION FROM RENEWABLES TO SOON SURPASS NUCLEAR AND COAL
 In the latest long-term projections, the U.S Energy Information Administration (EIA) projects electricity generation from renewable sources such as wind and solar to surpass nuclear and coal by 2021 and to surpass natural gas in 2045. In the Annual Energy Outlook 2020 (AEO2020) Reference case, the share of renewables in the U.S. electricity generation mix increases from 19% in 2019 to 38% in 2050.
Most of the growth in renewable electricity generation is attributed to wind and solar, which account for about half of renewable generation today. In EIA’s AEO2020 Reference case, these technologies account for nearly 80% of the renewable total in 2050. New wind capacity additions continue at much lower levels after production tax credits expire in the early 2020s.
In AEO2020, growth in solar photovoltaic (PV) capacity continues through 2050 for both utility-scale and small-scale applications because of declining PV costs throughout the projection period. Conventional hydroelectric generation remains relatively unchanged in absolute terms and becomes a smaller portion of the generation mix as other sources of electricity generation increase.
Alternative scenarios in AEO2020 examine the sensitivity of results to changes in the costs of renewables and the availability of oil and natural gas resources. Even in the High Oil and Gas Supply (where natural gas prices remain lower than in the Reference case) and High Renewables Cost cases, renewable generation nearly doubles from current levels by 2050.
The High and Low Renewables Cost cases evaluate the effects of changing cost assumptions for constructing and operating renewable energy power plants. In all AEO2020 scenarios, experience-based factors (such as learning-by-doing) contribute to lower capital costs over time.
For the Low Renewables Cost case, EIA assumed learning rates for renewable technologies that result in overnight capital costs that, by 2050, are 40% lower than the Reference case assumptions for each renewable technology (including those in the end-use sectors, such as small-scale solar PV). For the High Renewables Cost case, EIA assumed the overnight capital cost for all renewable technologies are held constant at the 2019 level through 2050.
Renewable generation grows in all regions of the United States in all AEO2020 scenarios, but the preferred technology type depends on the availability of renewable energy resources. Wind-powered generation grows the most in the West and Mid-Continent regions, and solar-powered generation grows the most in the Southeast. Offshore wind is only built off the coast of the Northeast and the PJM Interconnection.
Source: EIA
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Thursday, 27 May 21
KOMIPO INVITED BIDS FOR 1.56 MILLION TONS OF BITUMINOUS COAL
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used a ...
Thursday, 27 May 21
CHINA POWER DEMAND EXCEEDS PRE-COVID-19 LEVELS; THERMAL OUTPUT STRONG - FITCH RATINGS
Rising Consumption: Total power consumption rose by 21.2% yoy to 1,921.9GWh in 1Q21 due to the fast recovery of China’s economy, after a drop ...
Thursday, 27 May 21
CHINA'S POWER DEMAND EXCEEDS PRE-PANDEMIC LEVELS; RENEWABLES TO DRIVE DEVELOPMENT - FITCH RATINGS
China's power consumption exceeded the pre-Covid-19 levels in 1Q21 due to the country's fast economic recovery, with strong output from the ...
Wednesday, 26 May 21
THE INDONESIA COAL PRICE REFERENCE FOR MAY 2021 SETTLES AT US$ 89.74 PER TON
COALspot.com: The Indonesia coal price reference for May 2021 settles at US$ 89.74 per ton FOB vessel.
The Indonesia coal pric ...
Wednesday, 26 May 21
MARKET INSIGHT - INTERMODAL
Last year crude tankers’ newbuilding contracting activity was devastated by the economic effects of the Covid-19 pandemic and the cloud of un ...
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- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Vedanta Resources Plc - India
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- The University of Queensland
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
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