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Monday, 04 January 21
U.S. RENEWABLE ENERGY CONSUMPTION SURPASSES COAL FOR THE FIRST TIME IN OVER 130 YEARS - EIA
 In 2019, U.S. annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the U.S. Energy Information Administration’s (EIA) Monthly Energy Review. This outcome mainly reflects the continued decline in the amount of coal used for electricity generation over the past decade as well as growth in renewable energy, mostly from wind and solar. Compared with 2018, coal consumption in the United States decreased nearly 15%, and total renewable energy consumption grew by 1%.
Historically, wood was the main source of U.S. energy until the mid-1800s and was the only commercial-scale renewable source of energy in the United States until the first hydropower plants began producing electricity in the 1880s. Coal was used in the early 1800s as fuel for steam-powered boats and trains and making steel, and it was later used to generate electricity in the 1880s. EIA’s earliest energy estimates began in 1635.
EIA converts sources of energy to common units of heat, called British thermal units (Btu), to compare different types of energy that are reported in different physical units (barrels, cubic feet, tons, kilowatthours, etc.). EIA uses a fossil fuel equivalence to calculate electricity consumption of noncombustible renewables such as wind, hydro, solar, and geothermal.
In 2019, U.S. coal consumption decreased for the sixth consecutive year to 11.3 quadrillion Btu, the lowest level since 1964. Electricity generation from coal has declined significantly over the past decade and, in 2019, fell to its lowest level in 42 years. Natural gas consumption in the electric power sector has significantly increased in recent years and has displaced much of the electricity generation from retired coal plants.
Total renewable energy consumption in the United States grew for the fourth year in a row to a record-high 11.5 quadrillion Btu in 2019. Since 2015, the growth in U.S. renewable energy is almost entirely attributable to the use of wind and solar in the electric power sector. In 2019, electricity generation from wind surpassed hydro for the first time and is now the most-used source of renewable energy for electricity generation in the United States on an annual basis.
Although coal was once commonly used in the industrial, transportation, residential, and commercial sectors, today coal is mostly used in the United States to generate electricity. About 90% of U.S. coal consumption is in the electric power sector, and nearly all the rest is in the industrial sector.
Renewable energy is more broadly consumed by every sector in the United States. About 56% of commercially delivered U.S. renewable energy is used in the electric power sector, mostly from wind and hydroelectric power, but different types are also consumed in the industrial (22%), transportation (12%), residential (7%), and commercial (2%) sectors.
Biomass, which includes wood, biogenic waste, and biofuels, is consumed in every sector. Wood and the losses and co-products from production of biofuels are the main renewable sources used in the industrial sector, and biofuels such as fuel ethanol, biodiesel, and renewable diesel are used in the transportation sector. Wood, waste, solar, and geothermal are among the most common sources used directly in the residential and commercial sectors.
Principal contributor: Mickey Francis
Source: EIA
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Wednesday, 27 January 21
MARKET INSIGHT - INTERMODAL
As we have entered the era off renewable energies, all industries globally give max effort to minimize their carbon footprint and consequently thei ...
Monday, 25 January 21
ULTRAMAX YET ANOTHER POSITIVE WEEK FOR THE SECTOR, WHICH SAW INCREASED DEMAND ACROSS ALL BASINS - BALTIC BRIEFING
Capesize
The Capesize market rocked and rolled these past few days. But by weeks end little had changed on the Capesize 5TC as it settled down ...
Monday, 25 January 21
NEW LAW IN CALIFORNIA, USA, AFFECTING SHIPOWNERS' LIABILITY FOR OIL POLLUTION - BIMCO
Members are advised that amendments to the so-called Lempert-Keene-Seastrand Oil Spill Prevention and Response Act of 1990 in the State of Californ ...
Monday, 25 January 21
COAL INDIA SAYS GEARED UP TO MEET SURGE IN FUEL DEMAND FROM POWER SECTOR - PTI
State-owned Coal India Ltd on Saturday said that it is well geared to meet any surge in demand for coal from the power sector.
The s ...
Sunday, 24 January 21
GOVT ASSURES COAL INDIA OF 'FULL SUPPORT', STRESSES ON LEARNING 'NEW THINGS' - PTI
Coal Minister Pralhad Joshi assured Coal India of full government support, even as he said the PSU needs to learn “new things” for impr ...
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- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Heidelberg Cement - Germany
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Planning Commission, India
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Minerals Council of Australia
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Australian Coal Association
- New Zealand Coal & Carbon
- PTC India Limited - India
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Ministry of Mines - Canada
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
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