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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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Wednesday, 31 January 24
GAS EXPORTS COST U.S. CONSUMERS MORE THAN $100 BILLION OVER 16-MONTH PERIOD - IEEFA
Limited Demand Growth Could Dampen the Dry Bulk Market in the Coming Months BIMCOStarting in late 2021—before its invasion of Ukraine—R ...
Tuesday, 30 January 24
LIMITED DEMAND GROWTH COULD DAMPEN THE DRY BULK MARKET IN THE COMING MONTHS - BIMCO
Demand
In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for ...
Friday, 26 January 24
RED SEA DIVERSIONS ADD NEARLY A MILLION DOLLARS PER VOYAGE TO SHIPPING COSTS WHILE DOUBLING TRANSIT TIME - LSEG
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage whi ...
Friday, 26 January 24
HARD COAL GUARDIAN ANGEL OF THE ENERGY SUPPLY - GERMANY COAL IMPORTERS ASSOCIATION
- No security of supply without hard coal
- The Substitute Power Plant Provision Act (EKBG) must be extended
- Higher grid fees due to the ...
Thursday, 25 January 24
THE RED SEA ESCALATION IMPLICATIONS ON GLOBAL SEABORNE TRADE - MARIA BERTZELETOU
In recent days, discussions have intensified about the potential impact on the seaborne trade and ton-miles due to the evolving dynamics of market ...
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- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Posco Energy - South Korea
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Planning Commission, India
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
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