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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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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 ...
Monday, 28 September 20
NEW LNG PROJECTS - ALL DRESSED UP AND NO PLACE TO GO - WOOD MACKENZIE
It was meant to be another boom year. After a record 70 mmtpa of new LNG capacity was sanctioned in 2019, at least as much capacity was lined up fo ...
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- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- PTC India Limited - India
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
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