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Friday, 04 February 22
RENEWABLES ON THE RISE, COAL CONTINUOUSLY FALLING - EUROPEAN COMMISSION
Although oil (34.5%) and natural gas (23.7%) were still the most important fuel sources in the EU energy mix in 2020, renewable energy’s share continued to rise. After surpassing coal and nuclear, renewables are on the way to becoming the most important energy source in a future EU climate-neutral economy.
In 2020, solid fossil fuels (coal) continued the downward trend of previous years and clocked another 18.3% fall, decreasing for the fifth consecutive year. Compared with 2015, it has dropped by 40%. Their share in the supply mix is now barely above 10%, while in 1990, it was 25.7%.
This information comes from data released by Eurostat recently.
Oil and petroleum products (excluding blended biofuel portion) also declined by 12.6% in 2020, reaching the lowest levels since 1990. Natural gas saw the same tendency, but on a minor scale, decreasing by 2.4%. Nuclear fell by 10.7% and also reached the lowest levels since 1990.
Renewable energies and biofuels continue their long-term upward trend. After surpassing solid fossil fuels and nuclear in the previous decade, the next milestone towards a more sustainable and carbon-free economy would be to exceed natural gas.
COVID-19 impact most noticeable in petroleum product
In terms of consumption, the impact of COVID-19-related restrictions in 2020 was more substantial on the use of petroleum products (-10.3%) than on natural gas (-2.6%) and electricity (-3.8%).
Movement restrictions related to the pandemic affected some petroleum products more than other fuels. Kerosene-type jet fuel registered a notable drop (-48.1%), while motor gasoline (-13.9%) saw a smaller decrease.
Oil continues to be the most important fuel on the end-use side with a 35.0% share, followed by electricity with 23.2% and natural gas with 21.9%.
Source: European Commission
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Tuesday, 08 March 22
RUSSIA-UKRAINE CONFLICT ADDS IMPETUS TO ASIA'S ENERGY TRANSITION - IEEFA
Clean energy alternatives are a crucial hedge against future disruptions in global commodity markets
Russia’s invasion of Ukra ...
Tuesday, 08 March 22
THE HIGH COST OF INDONESIA’S DOWNSTREAM COAL PROJECTS IS UNDERESTIMATED - IEEFA
Three Indonesian ministries have come up with a DME purchase price of US$378/tonne fixed for 20 years compared to IEEFA’s US$601/tonne estima ...
Wednesday, 02 March 22
SHIPPING MARKET INSIGHT - INTERMODAL
The escalating confrontation between Russia and Ukraine has the potential to disrupt global order and set the world back a few decades. While count ...
Tuesday, 22 February 22
THE DRY BULK MARKET HAS MOVED ON A POSITIVE TRACK - ALLIED
The dry bulk market has moved on a positive track as of the past couple of weeks or so. Following the typical softening in freight conditions durin ...
Tuesday, 22 February 22
CHINA'S DAILY OUTPUT OF COAL REBOUNDS TO OVER 12 MLN TONNES - REUTERS
China’s coal output returned to more than 12 million tonnes per day as of Feb. 20, the country’s state planner said on Monday, a level ...
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- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- India Bulls Power Limited - India
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Bhatia International Limited - India
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