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Thursday, 27 May 21
CHINA'S POWER DEMAND EXCEEDS PRE-PANDEMIC LEVELS; RENEWABLES TO DRIVE DEVELOPMENT - FITCH RATINGS
 China's power consumption exceeded the pre-Covid-19 levels in 1Q21 due to the country's fast economic recovery, with strong output from thermal power in the last heating season, Fitch Ratings says. However, Fitch Ratings further says, we expect renewable energy to continue driving power installation and investment in 2021 as China aims to achieve carbon neutrality by 2060.
Power demand rose by 21.2% yoy to 1,921.9GWh in 1Q21, exceeding 1Q19 by 14.4%, driven by the industrial sector's 15.3% increase and the tertiary sector's 16.5% gain. Tertiary demand was marked by the rapid consumption growth of information and technology services. Demand from the charging and battery swapping industry also surged on faster growth in the new-energy vehicle sector.
Thermal power output increased 21.1% yoy in 1Q21, accounting for 73% of total power supply. This was 7pp higher than the contribution of thermal power to generation in 2020, although the proportion of coal-fired power capacity in China's fuel mix decreased to 48.8% in 1Q21 after dropping to below 50% for the first time by end-2020. This was due to higher output from heating power co-generation thermal units in the heating seasons and lower wind and solar contribution in winter.
Non-fossil fuels led installations and investments, accounting for 55% of new power generation capacity and 90% of generation capex in 1Q21, while 1Q21 capex contribution from thermal power fell to 10.1%, from 10.5% in 2020, under the government's restrictions on thermal power installations given the environmental ramifications.
China is also improving coal-fired power plants' flexibility. Some provinces, such as Shandong, have extended the service life of some large and efficient coal-fired power units, ensuring a stable power supply as renewable energy is usually affected by the intermittent nature of its source.
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Tuesday, 01 June 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.02 PCT - XINHUA
China Taiyuan coal transaction price index stood at 160.06 points Monday, down 0.02 percent week on week.
The index, released by Chi ...
Tuesday, 01 June 21
BUMA PRODUCED 11.4 MILLION TONNES OF COAL IN 4Q 2020, 5% LOWER COMPARED TO 12.2 MILLION TONNES IN 4Q 2019
PT Delta Dunia Makmur Tbk. presents its newsletter with consolidated financial and operating results that include its primary and wholly-owne ...
Sunday, 30 May 21
PAKISTAN IS PLANNING TO END COAL IMPORTS, WORSENING OUTLOOK FOR SOUTH AFRICAN COAL - IEEFA
The growing and irreversible risks being faced by South African coal exporters
As Thungela Resources’ CEO attempts to talk up ...
Sunday, 30 May 21
G7 COAL FINANCE EXIT AND WHY IT MATTERS FOR INDIA - IEEFA
While India doesn’t rely on export credit finance to fund new coal plants, there are material implications
The commitment by the Group o ...
Saturday, 29 May 21
SKULD’S IMO 2020 SULPHUR CAP EXPERIENCE
More than a year has passed since the International Maritime Organization (IMO) mandate for the 0.50% sulphur cap for marine fuel (MARPOL Annex VI) ...
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- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- Minerals Council of Australia
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- White Energy Company Limited
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
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