Professional Documents
Culture Documents
2021
How declining coal plants efficiencies are jeopardizing
India’s COP26 emission targets
• OPEC will likely revise down its 2022 oil demand growth forecast on Monday, two OPEC+
sources said, as the spread of the Delta coronavirus variant puts the speed of a recovery in fuel
use in doubt.
• On Sept. 1, separate sources said the Organization of the Petroleum Exporting Countries and
allies, known as OPEC+, increased its 2022 oil demand forecast to 4.2 million barrels per day
(bpd) from 3.28 million bpd previously.
• The new figure was seen as optimistic by some in the group, likely prompting revisions, the two
OPEC+ sources said. OPEC is scheduled to make its latest supply and demand forecasts
public in a reporton Monday.
• Import of fuel-grade petcoke was slow during 2021 due to high price and tightness in supply.
But in the near past, fuel-grade petcoke is again becoming competitive to coal and its users are
switching from coal.
• Prices of both coal and petcoke now have “eased but the latter corrected at a higher degree, as
compared to coal, making it a preferred choice by certain users”. The import of petcoke had
jumped in the last few months but the country’s total import of the commodity in 2021 was lower
by 50% to 4.972 million tonnes as compared to the previous year.
• The cement sector, the largest user of petcoke, had shifted towards coal as it was more
affordable, and, they are again switching to petcoke after the recent hike in coal prices, the
report said. The import of petcoke from the US was up by 143% in December 2021 and 63%
from Saudi Arabia.
Ref :
Global Green Petcoke Market share : 2020 & 2030F
Petroleum Coke Price Trend and Forecast : Quarter Ending June 2021
North America
• Continuous price increment in price was observed in USA due to lower availability against firm
demand pattern. Downstream producers were heard opting for cheaper alternatives than Pet
Coke, however USA export to Brazil remained high in the meantime. Therefore, prices of Pet
Coke were accessed at USD 430/MT for calcined grade in USA during final week of June.
Asia Region
• Asian market witnessed bearish offtakes for Pet Coke during this quarter, due to overall market
dullness amid infirm demand and adequate availability. In China, prices of Pet Coke followed a
downward trajectory in mid-May. On the other hand, in India, prices of Pet Coke fell sharply till
the May end and later rebounded effectively in June.
• This price fall was supported by significant fall in demand from cement manufacturers amid
resurgence of the pandemic in the country. In addition, due to huge rise in USA Pet Coke prices,
Asian manufacturer were heard switching to cheaper alternatives from Australia. Thus, the price
of Pet Coke hovered around USD 220/MT for Non-Calcined Pet Coke in India during June end.
Ref :
Petroleum Coke Price Trend and Forecast : Quarter Ending Dec. 2020
North America
• With the consistent increment in prices of the feedstock crude oil, Petroleum Coke prices in the
US took an uptrend later in the Q4 2020. The demand for Petroleum Coke in the region has
increased compared to Q3 2020 and the prices of non-calcined Petroleum Coke were traded
between 60-72 USD/MT. While green Petroleum Coke prices registered an upward trend and are
traded between 67-73 USD/MT. The refineries with higher Nelson Complexity Index registered a
healthy demand and higher profit margin due to rise in prices of sweet crude, while the sour crude
prices gain momentum marginally. The prices of Petroleum Coke are anticipated to increase in
coming months due to rising demand from the region and end use industry.
Asia Region
• Demand for Petroleum Coke in the Asian market exhibited strong growth in Q4 2020 compared
to Q3 2020. The demand has increased from cement industry due to ongoing construction
activities in South East Asia especially China, Vietnam and India. The prices of calcined and non-
calcined Petroleum Coke were traded at 200-240 USD/MT and 62-76 USD/MT depending on the
quantity and proximity from the import location. The market sentiments have improved in Q4
2020, owing to increase in construction activities and rising demand from steel, cement and
aluminium Industry. The prices of Petroleum Coke are anticipated to remain stable in Q1 2021
due to balance in demand and supply scenario.
Advncing of schedule for blending of 20% ethanol in gasoline
Ethanol producers propose to invest Rs 3,000 crore in Madhya Pradesh
• This vision perception software expertise from StradVision can provide a key
component of our environmental sensor fusion for shuttles, commercial and light
vehicles that can be optimized for centralized electrical architectures».
• We are proud to count ZF as one of our strategic investors, added Junhwan Kim, CEO
at StradVision. Together with the global mobility specialist ZF, we will strive to speed
up the market for autonomous driving with leading perception solutions.
German government awards funding for 472 e-buses in Hamburg
• The Federal Minister of Digital Affairs and Transport, Volker Wissing, announced funding
amounting to around 160 million euros for the electrification of local public
transport in Hamburg and the surrounding area. Money that will be used to finance
472 new battery-electric buses.
• Further funding decisions in the framework of the first funding call will be presented at
the Electromobility Conference of the Federal Ministry of Digital Affairs and Transport
(BMDV) on 7/8 April 2022 in Berlin.
Ref : Sustainable BUS, 4 April 2022
German government awards funding for 472 e-buses in Hamburg
• Hamburger Hochbahn AG has set itself the goal of converting its entire bus fleet – currently
around 1,000 vehicles – to alternative drives by 2030.
• The company will receive approximately 97 million euros for the procurement of 289 electric
buses and 486 charging infrastructure units.
• The BMDV has already supported Hochbahn with 12 million euros for the purchase of 60
electric buses and 20 charging infrastructure units, as well as with 6.4 million euros for the
new construction of the Gleisdreieck depot.
• VHH plans also to convert its entire fleet of ~670 vehicles to electric drives by 2030.
• VHH’s Elexity2022 project is being funded with around 59 million euros to purchase 183
electric buses and 216 charging infrastructure units.
• So far, VHH has received 15 million euros for the acquisition of 64 battery-electric buses and
1.8 million euros for the upgrading of the Bergedorf depot.
• Climate protection begins on the doorstep – when you get on public transport. We need
climate-neutral mobility for people.
• We can only achieve this by using electric vehicles to sustainably and permanently reduce
emissions in transport.
• Buses in particular have an enormously high mileage in our inner cities, which is where we
are targeting our initiatives.
• Our support will help to electrify up to 40 % of Hamburg’s city bus fleet in the coming
years. Ref : Sustainable BUS, 4 April 2022
Country's first hydrogen fuel based car