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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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Wednesday, 30 September 20
MARKET INSIGHT - INTERMODAL
Spot rates for Capesize bulk carriers received a significant boost last week, however, there are certain reservations in the market regarding the p ...
Tuesday, 29 September 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.73 PCT - XINHUA
China Taiyuan coal transaction price index stood at 125.91 points Monday, up 0.73 percent week on week.
The index, released by China ...
Tuesday, 29 September 20
SHIPPING MARKET - ALLIED
Here we are, just a short breath before the final quarter of the year, and many are now debating to what extent we can really expect a firm dry bul ...
Tuesday, 29 September 20
INDONESIAN COAL COMPANIES' EARNINGS TO WEAKEN IN 2H20 - FITCH RATINGS
Rated Indonesian coal miners and contractors will have weaker operating and financial performances in the second half of 2020 than in the first, sa ...
Tuesday, 29 September 20
RUSSIA'S COAL PRODUCTION TO DROP BY 10.5% IN 2020, SAYS MINISTRY - TASS
Russia’s Economic Development Ministry projects a 10.5% decrease in coal production in the country in 2020 compared with last year to 395 mln ...
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- Australian Coal Association
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- AsiaOL BioFuels Corp., Philippines
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- PNOC Exploration Corporation - Philippines
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- Indian Oil Corporation Limited
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- White Energy Company Limited
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- Eastern Coal Council - USA
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- Star Paper Mills Limited - India
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- Bangladesh Power Developement Board
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- Global Business Power Corporation, Philippines
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- Coal and Oil Company - UAE
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- Global Coal Blending Company Limited - Australia
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- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
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- Planning Commission, India
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- Electricity Authority, New Zealand
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- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
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- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- PTC India Limited - India
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- Heidelberg Cement - Germany
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- Neyveli Lignite Corporation Ltd, - India
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- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
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- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
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- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
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- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
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- Parliament of New Zealand
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- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
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- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
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- McConnell Dowell - Australia
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- The University of Queensland
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- Thai Mozambique Logistica
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
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- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
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- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
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- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- ASAPP Information Group - India
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- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
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