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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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Wednesday, 12 May 21
MARKET INSIGHT - INTERMODAL
Tanker S&P is finally back!
For an extended period, Dry bulk & Wet market rates have been diverging, with the SnP deals on each sect ...
Monday, 10 May 21
PAKISTAN: COAL GASIFICATION AND LIQUEFACTION HARMFUL TO ECONOMY - IEEFA
There is no second life for coal
Pakistan’s intention to use coal for power production through gasification and liquefaction technologie ...
Sunday, 09 May 21
HERE'S WHY INVESTORS ARE POURING MONEY INTO COAL, DESPITE ITS BLEAK FUTURE - FORBES
Coal stocks have surged this year – along with the wider energy sector – but experts warn these are likely short-term gains for an indu ...
Sunday, 09 May 21
MAYBANK TO STOP COAL FINANCING - BERNAMA
Malayan Banking Bhd (Maybank) will stop financing new coal activities as part of its sustainable agenda.
Currently, coal financing m ...
Saturday, 08 May 21
LNG-TO-POWER INVESTORS IN THE PHILIPPINES RISK EXPOSURE TO $14 BILLION IN STRANDED ASSETS - IEEFA
High regulatory and financial uncertainty in the Philippines market
The race to develop liquified natural gas (LNG) facilities in th ...
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- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- The University of Queensland
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- PTC India Limited - India
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
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