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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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Thursday, 03 February 22
COAL SHORTAGE NOW AT ALARMING LEVELS, SAY ALUMINIUM PRODUCERS - IANS
With no relief in sight despite coal stocks running critically low and production disruptions looming across the Indian aluminium sector, the Alumi ...
Wednesday, 02 February 22
HIGH COKING COAL PRICES PROVIDE GLIMPSE INTO STEELMAKING'S FUTURE - MCKINSEY
Last year was a volatile one in global commodity markets. Demand for coking coal, an essential raw material in the production of steel, was extreme ...
Wednesday, 02 February 22
INDONESIA'S RESTRICTIONS ON COMMODITIES RATTLE MARKETS, MORE MOVES LIKELY - REUTERS
In just the first month of this year, Indonesian policymakers have rattled global markets with restrictions on some of its biggest commodities expo ...
Wednesday, 02 February 22
CHINA'S TOP COAL PRODUCER FORECASTS 28 PCT PROFIT GROWTH IN 2021 - XINHUA
China Shenhua Energy Company Limited, one of the country’s biggest coal producers, said its net profits are expected to jump by 28 percent in ...
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 ...
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- Aditya Birla Group - India
- White Energy Company Limited
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- The University of Queensland
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
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