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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, 11 June 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 ...
Wednesday, 10 June 20
OPEC+ CUTS EXTENSION TO ACCELERATE MARKET REBALANCING - FITCH RATINGS
Fitch Ratings-London-08 June 2020: The OPEC+ agreement to extend by one month record oil production cuts should accelerate market rebalancing, Fitc ...
Wednesday, 10 June 20
MARKET INSIGHT - INTERMODAL
In contrast to the economic projections of the past two years for the first half of 2020, the oil & gas industry and those involved in it faced ...
Wednesday, 10 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.19 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.71 points Monday, down 0.19 percent week on week.
The index, released by Chi ...
Tuesday, 09 June 20
BUNKER SUPPLY CONTRACTS - KEY CONSIDERATIONS FOR THE BUYER - GARD
KNOWLEDGE TO ELEVATE
Regardless of whether a buyer purchases fuel directly from physical suppliers or via brokers or traders and whether sale ...
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Showing 916 to 920 news of total 6871 |
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- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
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