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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, 19 July 22
DRY BULK MARKET: CAPESIZE MARKET FIRMS THIS WEEK - BALTIC EXCHANGE
Capesize
Firmer sentiment across both basins pushed the Capesize 5TC route average above the $20,000 threshold this week, closing at $24,209. A ...
Tuesday, 19 July 22
WHY SHIPPING MIGHT BE ABOUT TO GET A LITTLE BIT SLOWER - WORLD ECONOMIC FORUM
If shipping is the beating heart of global trade, its pulse is about to get slower.
Faced with uncertainty about which fuels to use in the long ...
Tuesday, 19 July 22
GERMANY'S INCREASED COAL, OIL USE WILL BE TEMPORARY, SCHOLZ SAYS - CNBC
Chancellor Olaf Scholz says Germany’s decision to reactivate coal and oil-fired power plants to relieve energy shortages because of the war i ...
Tuesday, 19 July 22
INDONESIA REMOVES PALM OIL EXPORT LEVY UNTIL AUG. 31 - REUTERS
Indonesia has scrapped its export levy for all palm oil products until Aug. 31 in a fresh attempt to boost exports and ease high inventories, finan ...
Tuesday, 19 July 22
CHINA'S JUNE DAILY COAL OUTPUT JUMPS ON PEAK SUMMER DEMAND - REUTERS
China’s daily coal output in June rose 6.6 per cent from a month earlier as miners cranked up output ahead of peak summer temperatures, when ...
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- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Planning Commission, India
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- The University of Queensland
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
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