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Monday, 30 August 21
68% OF U.S. COAL FLEET RETIREMENTS SINCE 2011 WERE PLANTS FUELED BY BITUMINOUS COAL - EIA
 In 2011, the United States had 317.6 gigawatts (GW) of coal-fired electric generation capacity. About 88.7 GW of that capacity was retired in the decade that followed. Units fired by bituminous coal accounted for the largest share of retired capacity, at 68%.
Coal is classified into different types, or ranks. The two coal types most commonly used in U.S. coal-fired power plants are bituminous and subbituminous coal.
Generating units that burn bituminous coal were generally older and smaller, leading to more of them retiring than units fueled by subbituminous coal, particularly from 2011 to 2015.
The lower delivered price for subbituminous coal (because of more cost-effective mining practices) also makes coal plants that use it more economically competitive than bituminous coal-fired plants. In 2019, the delivered price of subbituminous coal was $1.86 per million British thermal units (MMBtu), compared with $2.26/MMBtu for bituminous coal.
Another important factor in coal capacity retirements is the degree of competition from other electricity generation sources in the regions where the plants operate.
Bituminous coal is predominantly mined in the Appalachian Basin and Illinois Basin; it’s the primary coal type used in coal plants in the northeast and southeast regions of the United States. However, many of these plants sourced their coal from mines in Appalachia, which quickly became uneconomical following the increase in natural gas production in the nearby Marcellus and Utica shale gas fields.
To take advantage of their proximity to expansive natural gas supply, producers built a large amount of natural gas-fired capacity in Pennsylvania and Ohio on top of the Marcellus and Utica shales. Of the 93.5 GW of natural gas capacity built in the United States from 2011 to 2020, 14.3 GW is located in Pennsylvania and Ohio. The build-out of natural gas capacity added to the economic advantage of natural gas, driving bituminous coal-fired plant retirements. Bituminous coal-fired capacity retirements in Ohio and Pennsylvania accounted for 20% of all coal retirements between 2011 and 2020.
Even with lower fuel prices, subbituminous coal-fired units are also retiring because of increased competition from natural gas and renewable sources. Subbituminous coal, primarily mined in Wyoming, is the dominant coal type used in the central part of the United States. Although coal-fired generation encounters less competition from natural gas in the central part of the country, the rapid growth of wind capacity in the central United States since 2011 has taken market share away from power plants using subbituminous coal.
Source: EIA
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Thursday, 23 September 21
RECORD-HIGH GAS PRICES AFFECT MANY EUROPEAN CORPORATE SECTORS - FITCH RATINGS
Record-high natural gas prices are putting pressure on supply chains of many European corporate sectors, including non-integrated energy suppliers, ...
Wednesday, 22 September 21
MARKET INSIGHT - INTERMODAL
The unfolding last week of a trilateral defence pact between the United States, Australia, the United Kingdom (AUKUS) envisages a wide range of col ...
Tuesday, 21 September 21
CHINESE COAL IMPORTS FROM AUSTRALIA DROP 98.6% AS RESTRICTIONS BITE - BIMCO
In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tonnes as Chinese restrictions on Australian c ...
Tuesday, 21 September 21
CHINA'S COAL OUTPUT RESUMES GROWTH IN AUGUST - XINHUA
China’s raw coal output rose 0.8 percent year on year to 340 million tonnes last month, official data showed.
The growth rate ...
Wednesday, 15 September 21
MARKET INSIGHT - INTERMODAL
Following the oil price sell off during most of August, partly triggered by oil demand fears amid the delta COVID variant, oil prices have resumed ...
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- Deloitte Consulting - India
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
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- Parliament of New Zealand
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- Billiton Holdings Pty Ltd - Australia
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- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Planning Commission, India
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- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
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- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
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- India Bulls Power Limited - India
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
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- Kartika Selabumi Mining - Indonesia
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- Goldman Sachs - Singapore
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- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
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- Romanian Commodities Exchange
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- The State Trading Corporation of India Ltd
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- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
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- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- MS Steel International - UAE
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
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- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
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