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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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Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
Friday, 05 January 24
BANGLADESH’S 2023 COAL-FIRED POWER OUTPUT TRIPLED, EASING SHORTAGES - REUTERS
Bangladesh nearly tripled its coal-fired power output in 2023, a Reuters analysis of government data showed, helping it tide over the worst power s ...
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- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Economic Council, Georgia
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- White Energy Company Limited
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Central Electricity Authority - India
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