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Tuesday, 24 August 21
TIGHT POWER SUPPLY IN CHINA AMID STRONG DEMAND, HIGH COAL PRICES - FITCH RATINGS
 China experienced tight power supply in 1H21 on stronger than expected power demand as economic activity continued to recover, Fitch Ratings says in its latest China Power Watch report.
Total power consumption rose by 16.2% yoy in 1H21, or 7.6% based on a two-year CAGR, mainly driven by the industrial sector, which contributed 68% to total power consumption. This, together with higher residential demand on hot days, pushed peak loads to record high levels for many regional grids in 2Q21, when hydropower, the second largest contributor of power generation in China, was weak due to low waterflow. As a result, many places in China saw restrictions on power usage.
Tight power supply also reflects weak peak-load flexibility in China. However, China is stepping up efforts to improve the flexibility of its power system. Power generation companies (gencos) are upgrading thermal power plants and increasing peak shaving capacity. They are also investing in power storage projects to ensure stable power supply. The grid company State Grid Corporation of China (SGCC, A+/Stable) is increasing capex on grid infrastructure and we believe this will also enhance grid flexibility.
Coal prices also surged in 1H21 as market demand exceeded domestic production, which is further heightened by a 19.7% yoy decrease in import coal volume. High coal prices will squeeze gencos' profit due to lack of pass-through under the current tariff mechanism. Fitch expects this, together with power gencos' higher capex to fund renewable projects, will result in weakened 2021 credit metrics.
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Wednesday, 02 February 22
COAL STORAGE IN CHINA’S POWER PLANTS NEAR RECORD HIGHS - XINHUA
Coal inflows into China’s power plants have picked up, bringing their coal storage to near record highs, the National Development and Reform ...
Wednesday, 02 February 22
MARKET INSIGHT - INTERMODAL
Oil prices have rallied to the highest level since October 2014 breaking above $90/bbl recently. November 2014 was the point when OPEC unleashed pr ...
Monday, 31 January 22
HOW INDONESIA'S COAL EXPORT BAN COULD IMPACT INDIA - IEEFA
What does it mean for power generation and energy security?
Not long ago, India faced coal shortages due to a decline in domestic co ...
Sunday, 30 January 22
AIR PRODUCTS' COAL GASIFICATION PROPOSAL TRIGGERS LOOMING POLICY DISPUTES IN INDONESIA - IEEFA
Plan to substitute Indonesia’s LPG imports with dimethyl ether may be hard to realize due to conflicting business interests
In ...
Sunday, 30 January 22
ENDGAME FOR NEW COAL POWER PROJECTS? - IEEFA INDIA
Retired coal units must be replaced only by assets that can provide grid flexibility
Reportedly, an expert committee appointed by th ...
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Showing 361 to 365 news of total 6871 |
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- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
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