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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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Thursday, 06 August 20
SUPRAMAX MARKET CONTINUED SIDEWAYS TREND, AND LITTLE INSPIRING NEWS APPEAR - FEARNLEYS
Capesize
There is presently a small correction in rates, but overall levels are up from previous week mainly due to increased demand in the Eas ...
Thursday, 06 August 20
KOREA SOUTH-EAST POWER INVITING BIDS FOR MIN 3,600-MAX 3,800 NCV COAL
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) inviting bids for 80,000 Tons (MT) Min 3,600~Max 3,800 kcal/kg NCV coal f ...
Wednesday, 05 August 20
NO NEW MINING LICENSES - A REMINDER TO GOVERNORS IN INDONESIA - SSEK
Indonesia’s acting Director General of Mining and Coal (“DGMC”) has issued a letter to the country’s provincial Governors t ...
Wednesday, 05 August 20
AUGUST 2020 HBA HITTING ITS LOWEST LEVELS IN HISTORY
COALspot.com: The Indonesia Coal Price Reference for the month of August plunged 30.73% YoY, hitting its lowest levels in history and highlighting ...
Wednesday, 05 August 20
SLUMP IN OIL REVENUE CHALLENGES MIDDLE EAST OIL EXPORTERS - INTERMODAL
The Covid-19 pandemic has had far-reaching consequences on the global capital markets. Despite the US government’s efforts for a quick and de ...
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- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Planning Commission, India
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Economic Council, Georgia
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- CNBM International Corporation - China
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