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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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Wednesday, 21 October 20
MARKET INSIGHT - INTERMODAL
The second wave of COVID-19 is now a reality; offices are closing again, and stricter rules and regulations are being implemented in public spaces. ...
Tuesday, 20 October 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.82 PCT - XINHUA
China Taiyuan coal transaction price index stood at 127.49 points Monday, up 0.82 percent week on week.
The index, released by China ...
Tuesday, 20 October 20
BIMCO 'SHIPLEASE' TERM SHEET - WATSON FARLEY & WILLIAMS
KNOWLEDGE TO ELEVATE
The ever-growing importance of sale and leaseback transactions as an alternative to financing ships by way of loan, makes ...
Friday, 16 October 20
KOMIPO ON BEHALF OF K GENCO'S INVITED BIDS FOR TOTAL 715,000 MT MIN. 5,700 NAR COAL FOR DECEMBER
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) on behalf of EWP, KOSPO, KOSEP and KOWEPO has issued an international tender for total 715,000& ...
Wednesday, 14 October 20
CHINA COKING COAL FUTURES RALLY ON REPORTED BAN ON AUSTRALIA CARGOES - REUTERS
Dalian coking coal futures rallied for a sixth straight session on Tuesday after reports surfaced that China had stopped buying coal from Australia ...
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- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- The University of Queensland
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
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