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Friday, 12 February 21
U.S: WIND SURPASSED COAL AS NO. 1 FUEL SOURCE IN 2020 FOR SOUTHWEST POWER POOL - IEEFA
Wind energy growth due to geography, design factors, and new installations
Wind surpassed coal as the primary power generation source last year for the Southwest Power Pool (SPP), an independent grid operator that provides electricity for a vast territory stretching from the Texas Panhandle to the Canadian border.
An analysis by the Institute for Energy Economics and Financial Analysis (IEEFA) found the growth has been driven by the near tripling of wind resources over a five-year period and improved wind turbine designs.
“There are several reasons why this isn’t surprising,” said David Schlissel, IEEFA director of resource planning analysis and author of the report. “Wind should continue to be the No. 1 fuel source in future years.”
Since 2008, wind generation of electricity has exploded from fewer than 10,000 gigawatt-hours (GWh) in 2008 to more than 70,000 GWh, according to SPP. Besides having a natural advantage of serving utilities located primarily in the Great Plains, an area of high potential for wind, the costs of adding new wind capacity fell by 45 percent between 2010 and 2019. Turbine design improvements, such as larger rotor diameters and higher hub heights, have provided better performance as well. Finally, the amount of dispatchable wind capacity—a source of power that can be turned on and off—soared from 27 percent of capacity in 2014 to more than 75 percent in 2019.
The increased wind generation has come largely at the expense of coal. In 2007, wind held a 2.6 percent market share. It’s now 31.3 percent. During the same period, coal’s share of the market fell from 64 percent to 30.9 percent. The decline has occurred even as the volume of self-committed megawatts (the ability of producers to decide that the power from their specific generator(s) should be dispatched into the grid) at coal plants has outpaced the next-largest fuel source by a 4-to-1 margin.
A combination of significant additions of renewable resources and low natural gas prices is expected to continue to cut into coal’s dwindling market share. SPP has announced plans to add almost 90 gigawatts (GW) of renewables in the near future. Almost 90 percent of SPP’s coal plants have been in service for more than 30 years, which means they’re likely to be less efficient because they burn coal at higher heat rates and are more likely to be replaced by cleaner, cheaper renewables.
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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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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- PTC India Limited - India
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Planning Commission, India
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
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