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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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Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...
Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
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- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
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