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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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Friday, 13 November 20
SHIPPING OUTLOOK TURNS STABLE ON EBITDA GROWTH, IMPROVING SUPPLY-DEMAND BALANCE - MOODY’S
Outlook revised to stable from negative.
The global shipping industry is on course to perform better overall than we had previously ex ...
Friday, 13 November 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Monday, 09 November 20
INDONESIA MAY CUT BIODIESEL USE TARGET AS SUBSIDY FUND DEPLETES - FITCH
The Indonesian government may rein in its push to increase use of biodiesel as it now comes at higher cost following a fall in crude oil prices and ...
Monday, 09 November 20
SOUTH AFRICA: COAL MARKET CONDITIONS HAVE ' DETERIORATED MATERIALLY' - IEEFA
The Asian seaborne thermal coal pool is drying out
Resource Generation Ltd’s proposed but long delayed Boikarabelo coal mine i ...
Friday, 06 November 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
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- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- White Energy Company Limited
- Eastern Energy - Thailand
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Marubeni Corporation - India
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
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