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Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
The China Electricity Council (CEC), an industry association, forecast in a yearly report on Tuesday that grid-connected wind and solar would make up around 40% of installed power generation capacity by the end of 2024, compared with coal’s expected 37%.
By comparison, wind and solar together were around 36% of capacity at the end of 2023, and coal was just under 40%.
China will have built around 1,300 gigawatts (GW) of wind and solar capacity by the end of 2024, the CEC expects, meaning it will have already exceeded its official target of 1,200 GW by 2030.
The CEC sees electricity consumption growing by 6% this year, down just slightly from 2023’s 6.7% growth rate, when demand was recovering from a low base following the pandemic.
Source: Reuters
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Planning Commission, India
- Minerals Council of Australia
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Central Electricity Authority - India
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
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