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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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Monday, 29 June 20
ULTRAMAX: A 58,000 FIXING DELIVERY SINGAPORE TRIP, VIA EAST COAST INDIA, REDELIVERY CHINA IN THE LOW $12,000S - BALTIC BRIEFING
Capesize
As the halfway mark of 2020 arrives, the capesize market is making new highs for the year. From persistent lows earlier caused by a ba ...
Saturday, 27 June 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINS FLAT - XINHUA
China’s benchmark power coal price remained flat during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Friday, 26 June 20
WHAT TODAY'S BAILOUTS CAN DO FOR TOMORROW'S ECONOMIES - WORLD ECONOMIC FORUM
The COVID-19 crisis provides an opportunity for governments to build fairer, more sustainable and more resilient economies.
Governments a ...
Thursday, 25 June 20
ALL YOU WANT TO KNOW ABOUT COAL MINE AUCTIONS - THE HINDU BUSINESS LINE
Last week, Prime Minister Narendra Modi threw open the auction of 41 coal blocks for commercial mining. The decision, which was part of the announc ...
Wednesday, 24 June 20
MARKET INSIGHT - INTERMODAL
The World Bank estimates that the global economy will fall by 5.2% this year, underlining that the Covid-19 pandemic has had rapid and massive cons ...
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- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- The University of Queensland
- SMC Global Power, Philippines
- Parliament of New Zealand
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
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