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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, 18 September 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 ...
Thursday, 17 September 20
LAST HOPES FOR DEMAND GROWTH SET TO DISAPPOINT THERMAL COAL EXPORTERS - IEEFA
Asian thermal coal exporters are fighting an uphill battle even in new markets
The world’s largest thermal coal exporter is eyeing new m ...
Wednesday, 16 September 20
MARKET INSIGHT - INTERMODAL
Another active week in terms of SnP has concluded in the dry bulk market with a diversified array of transactions recorded. Despite the correction ...
Friday, 11 September 20
IMO 2020: A REVIEW OF THE TRANSITION TO VLSFOS - GARD
KNOWLEDGE TO ELEVATE
Many predictions were made in the run up to the imposition of the MARPOL 2020 sulphur cap, none of which was that the tra ...
Thursday, 10 September 20
U.S. COAL PRODUCTION IN 2020 TO BE 511 MMST, 28 PER CENT LOWER THAN IN 2019 - EIA
EIA expects total U.S. coal production in 2020 to be 511 million short tons (MMst), 194 MMst (28%) lower than in 2019. Mitigation efforts related t ...
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- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- The University of Queensland
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Australian Coal Association
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Marubeni Corporation - India
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
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