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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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Saturday, 27 February 21
CHINA'S BENCHMARK POWER COAL PRICE EDGES DOWN - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Saturday, 27 February 21
FITCH RATINGS REVISES GLOBAL METALS AND MINING PRICE ASSUMPTIONS
Fitch Ratings has revised some of its metals and mining price assumptions as prices for many commodities will benefit in the short term from return ...
Saturday, 27 February 21
MITSUBISHI PULLS OUT OF VINH TAN 3 COAL PROJECT IN VIETNAM - NIKKEI ASIA
Japanese trading house Mitsubishi Corp. decided Thursday to withdraw from the Vinh Tan 3 coal-fired power plant project in Vietnam amid growing int ...
Thursday, 25 February 21
ARE WE ON THE CUSP OF ANOTHER MINING SUPER-CYCLE? - WOOD MACKENZIE
As the first wave of the coronavirus pandemic began to bite, many observers confidently predicted that the end was nigh for global economic activit ...
Thursday, 25 February 21
2020 PROVED TO BE A TRULY TERRIBLE YEAR FOR SEABORNE COAL TRADE - BANCHERO COSTA
Total loadings in the 12 months of 2020 were down -12.7% year-on-year to 1,130 million tonnes, according to vessels tracking data from Refinitiv, s ...
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- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Australian Coal Association
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- The University of Queensland
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
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