Wed 9 Feb 2011, 08:28 GMT

Fuel oil usage up 96.5% for utility


Consumption of fuel oil skyrockets in January as cold weather leads to increase in demand.



Japan's Tokyo Electric Power Co (Tepco) recorded a 96.5 percent rise in fuel oil consumption in January compared to the corresponding month last year.

Fuel oil use for power generation soared to 334,000 kilolitres (2.1 million barrels) last month as a cold spell increased demand for heating.

According to the Japan Meteorological Agency, below-average temperatures were recorded in all Japan's regions for the first time in any January since 1986.

The significant increase in fuel oil use in January was accompanied by a fall in Tepco's nuclear power plant utilisation rate to 54.2 percent, down from 62.2 percent the previous year.

Also in January, Tepco's crude oil usage skyrocketed 125,000 kilolitres, or 178.6 percent, to 195,000 kilolitres, whilst usage of liquefied natural gas (LNG) climbed by 5.7 percent.

The following tables show Tepco's consumption and purchases of heavy fuel oil, crude oil and LNG in January 2011 compared with January 2010. For fuel oil and crude, the volume is in kilolitres while LNG is in metric tonnes.

Consumption
Product Jan 2011 Jan 2010 +/ (%)
Fuel oil 334,000 170,000 +96.5%
Crude oil 195,000 70,000 +178.6%
LNG 1,086,000 1,708,000 +5.7%

Purchases
Product Jan 2011 Jan 2010 +/ (%)
Fuel oil 248,000 155,000 +60%
Crude oil 140,000 62,000 +125.8%
LNG 1,810,000 1,634,000 +10.8%


Source: Reuters


Bennett J. Pekkattil and Capt. Alok RC Sharma. TFG Marine calls for digital transformation to manage alternative fuel risks  

CFO says transparency and digital solutions are essential as the marine fuels sector faces volatility from diversification.

Mugardos Energy Terminal. Reganosa’s Mugardos terminal adds bio-LNG bunkering for ships and trucks  

Spanish facility obtains EU sustainability certification to supply renewable fuel with 92% lower emissions.

Global Ethanol Association (GEA) and Growth Energy logo side by side. Growth Energy joins Global Ethanol Association as new member  

US biofuel trade association represents nearly 100 biorefineries and over half of US ethanol production.

Bertha B vessel. H2SITE explains decision to establish Bergen subsidiary  

Ammonia-to-hydrogen technology firm says Norwegian city was obvious choice for its ambitions.

Vessel at sea under dark clouds. Gibraltar Port Authority issues severe weather warning for gale-force winds and heavy rain  

Port authority warns of storm-force gusts of up to 50 knots and rainfall totals reaching 120 mm.

Christiania Energy headquarters. Christiania Energy relocates headquarters within Odense Harbour  

Bunker firm moves to larger waterfront office to accommodate growing team and collaboration needs.

AiP award ceremony for 20K LNGBV design. HD Hyundai Heavy Industries receives design approval for 20,000-cbm LNG bunkering vessel  

Bureau Veritas grants approval in principle following joint development project with South Korean shipbuilder.

Lloyd’s Register technical committee meeting in Spain. Peninsula outlines dual role in FuelEU Maritime compliance at Lloyd’s Register panel  

Marine fuel supplier discusses challenges for shipowners and opportunities for suppliers under new regulation.

Current status of fleet fuel types chart. LNG-fuelled container ships dominate January alternative-fuel vessel orders  

Container ships accounted for 16 of 20 alternative-fuelled vessels ordered in January, DNV reports.

Rick Boom, CIMAC and Professor Lynn Loo, GCMD. GCMD and CIMAC sign partnership to advance alternative marine fuel readiness  

Two-year agreement aims to bridge operational experience with technical standards for decarbonisation solutions.





 Recommended