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Category: Coal

Category:
  • carbon capture

BNEF: global carbon capture capacity due to rise sixfold by 2030

The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company Continue Reading

Posted On : 19 Oct 2022 Published By : Tom Whipple
Category:
  • Climate
  • Coal

Coal Revival Threatens to Push Power Sector Emissions to Record

Droughts, heatwaves pushed countries to coal power, Ember says Renewable growth saved $40 billion in fuel costs in first half Global carbon emissions from power plants may be headed for Continue Reading

Posted On : 5 Oct 2022 Published By : Tom Whipple
Category:
  • China
  • Coal

China to Host Almost a Third of the World’s New Coal Mines

Almost a third of the new coal mines planned for the world are in China, all but guaranteeing that output will keep rising in the top producer, even as calls Continue Reading

Posted On : 5 Oct 2022 Published By : Tom Whipple
Category:
  • Coal
  • USA

US Coal Prices Climb Past $200 as Global Energy Crunch Boosts Demand

US coal prices surged past $200 for the first time as a global energy crunch drives up demand for the dirtiest fossil fuel. Spot prices for coal from Central Appalachia Continue Reading

Posted On : 4 Oct 2022 Published By : Tom Whipple
Category:
  • Coal

Coal Power Generation Falls Despite Energy Crisis

Despite record high natural gas prices and a worldwide energy crisis, global coal-powered generation fell in the year’s first half, defying forecasts of high coal consumption in the electricity sector. Continue Reading

Posted On : 13 Sep 2022 Published By : Tom Whipple
Category:
  • carbon capture

Carbon Capture Not Good Enough To Achieve Decarbonization

A new study reviewed 13 carbon capture projects – 55 percent of the total worldwide capacity – and found both the technology and regulatory framework wanting. A new study by Continue Reading

Posted On : 12 Sep 2022 Published By : Tom Whipple
Category:
  • Coal

West Virginia’s Coal Dependence Drives Up Consumer Electric Bills

“I’m not one of these coal or nothing people. You’ve got to diversify your energy,” said Mr. Zeigler, a physical-therapist assistant. He and his wife have spent less on clothes, Continue Reading

Posted On : 29 Aug 2022 Published By : Tom Whipple
Category:
  • China
  • Coal

China’s July Russian coal imports hit 5-yr high as West shuns Moscow

China’s coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted coal while Western countries shunned Continue Reading

Posted On : 20 Aug 2022 Published By : Tom Whipple
Category:
  • carbon capture

Oil industry gears up to tap U.S. climate bill for carbon capture projects

Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas proponents, offsetting Continue Reading

Posted On : 16 Aug 2022 Published By : Tom Whipple
Category:
  • Coal

Coal Giants Are Making Mega Profits as Climate Crisis Grips the World

The globe is in the grips of a climate crisis as temperatures soar and rivers run dry, and yet it’s never been a better time to make money by digging Continue Reading

Posted On : 13 Aug 2022 Published By : Tom Whipple
Category:
  • carbon capture

Gulf Oil Producers Expand Carbon Capture And Hydrogen Capacity

Gulf NOCs are expanding their carbon capture and hydrogen capacity. Partnerships with foreign companies are creating new trade opportunities. Middle East could capture up to 50m tonnes per annum of Continue Reading

Posted On : 12 Aug 2022 Published By : Tom Whipple
Category:
  • Coal

Fitch: Global Coal Price Rally Could Last For Years

The rally in coal prices, which began at the end of last year and intensified after the Russian invasion of Ukraine and the subsequent EU ban on Russian coal imports, Continue Reading

Posted On : 11 Aug 2022 Published By : Tom Whipple
Category:
  • Coal
  • India
  • Russia

Indian companies swapping dollar for Asian currencies to buy Russian coal

India has ramped up imports of Russian coal since Ukraine war June customs data shows non-dollar payments now common Chinese yuan, Emirati dirham trades becoming more popular Banks and traders Continue Reading

Posted On : 10 Aug 2022 Published By : Tom Whipple
Category:
  • Coal
  • USA

US June thermal coal exports fall 15.2% on year as CIF ARA price soars: Census

An indication of demand destruction, US steam coal exports fell 15.2% on the year in June as the CIF ARA monthly average price more than tripled to $371.02/mt, according to Continue Reading

Posted On : 5 Aug 2022 Published By : Tom Whipple
Category:
  • Coal

IEA: Global Coal Demand On Track To Match Record

Soaring natural gas prices are giving rise to coal demand around the world, with consumption set to match this year the record-high from 2013, and further jump to a new Continue Reading

Posted On : 29 Jul 2022 Published By : Tom Whipple
Category:
  • Coal
  • Germany

Germany Faces Coal Supply Crisis As Rhine River Waters Dwindle

Power plants in Germany are finding it increasingly difficult to source coal amid an energy crisis that is spiraling out of control as falling water levels on the Rhine river Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple
Category:
  • Coal
  • Germany

Germany To Halt Russian Coal Imports Next Month

Germany will stop importing Russian coal from August 1 and crude oil from December 31, the country’s deputy finance minister, Joerg Kukies said today, as quoted by Reuters. “We will Continue Reading

Posted On : 14 Jul 2022 Published By : Tom Whipple
Category:
  • Coal
  • USA

EIA lowers 2022 coal consumption estimates as plants retire

With 14.9 GW of coal-fired capacity to retire in 2022, the Energy Information Administration July 12 estimated 2022 coal consumption at 481.7 million st, down 3.9% on the year. “The Continue Reading

Posted On : 13 Jul 2022 Published By : Tom Whipple
Category:
  • Coal
  • United Kingdom

Energy Crisis Could Force The UK To Keep Using Coal

The UK government introduced to Parliament on Wednesday the Energy Security Bill, a proposed legislation that does not explicitly confirm the UK’s pledge to end coal use by October 2024. Continue Reading

Posted On : 7 Jul 2022 Published By : Tom Whipple
Category:
  • Coal

Coal Makes a Comeback as the World Thirsts for Energy

An energy-starved world is turning to coal as natural-gas and oil shortages exacerbated by Russia’s war against Ukraine lead countries back to the dirtiest fossil fuel. From the U.S. to Continue Reading

Posted On : 5 Jul 2022 Published By : Tom Whipple
Category:
  • Coal
  • Russia

Column: Russia boosts coal exports as Western sanctions yet to bite

 Much of the focus on sanctions on Russia’s commodity exports is on crude oil and natural gas, but coal is perhaps the best example of the challenges facing those seeking Continue Reading

Posted On : 5 Jul 2022 Published By : Tom Whipple
Category:
  • Coal
  • Poland
  • Ukraine

Poland, Ukraine increase 2022 coal production to weather cold months

 Poland and Ukraine are increasing this year’s production of thermal coal, the most polluting fossil fuel, preparing for colder months as Europe grapples with an energy security crisis exacerbated by Continue Reading

Posted On : 24 Jun 2022 Published By : Tom Whipple
Category:
  • Coal
  • Europe

Europe may shift back to coal as Russia turns down gas flows

 Europe’s biggest Russian gas buyers raced to find alternative fuel supplies on Monday and could burn more coal to cope with reduced gas flows from Russia that threaten an energy Continue Reading

Posted On : 21 Jun 2022 Published By : Tom Whipple
Category:
  • Coal
  • EU

EU warns against fossil fuel ‘backsliding’ as coal replaces Russian gas

The European Commission president has warned EU member states not to backtrack on their long-term drive to cut fossil fuel use, as Germany, Austria and the Netherlands said they would Continue Reading

Posted On : 21 Jun 2022 Published By : Tom Whipple
Category:
  • Coal
  • India

India’s Russian coal purchases spike despite sanctions

India’s purchases of Russian coal have spiked in recent weeks despite global sanctions on Moscow, as traders offer discounts of up to 30%, according to two trade sources and data Continue Reading

Posted On : 19 Jun 2022 Published By : Tom Whipple
Category:
  • Coal
  • India

5 key drivers of India’s protracted coal crunch

India is continuing to grapple with a severe and protracted power crisis after a sustained surge in global coal prices in late-2021 was further aggravated by Russia’s invasion of Ukraine Continue Reading

Posted On : 10 Jun 2022 Published By : Tom Whipple
Category:
  • Coal
  • India

India expected to commission 10 thermal coal power plants in 2022-23, add 7,010 MW

 7.01 GW capacity set to be commissioned in 2022-23 39 thermal coal plants under construction India added 8 plants with 4.49 GW capacity in 2021-22 India is expected to commission Continue Reading

Posted On : 3 Jun 2022 Published By : Tom Whipple
Category:
  • Coal
  • United Kingdom

Britain could keep coal-fired power plants open this winter

 Some of the British coal-fired power plants slated for closure this year might need to stay open to ensure electricity supply this winter, the government said on Monday. Countries across Continue Reading

Posted On : 31 May 2022 Published By : Tom Whipple
Category:
  • Coal
  • India

India plans to phase down at least 81 coal-fired utilities in 4 years – document

India plans to phase down at least 81 coal-fired utilities over the next four years, the federal power ministry told top energy department officials of state and federal governments in Continue Reading

Posted On : 30 May 2022 Published By : Tom Whipple
Category:
  • Coal
  • India

Coal India to import for first time in years as power shortages loom

State-run Coal India (COAL.NS) , the world’s largest coal miner, will import the fuel for use by utilities, a power ministry letter seen by Reuters showed on Saturday, as shortages Continue Reading

Posted On : 29 May 2022 Published By : Tom Whipple
Category:
  • Coal
  • India

India seen facing wider coal shortages, worsening power outage risks

 India is expected to face a wider coal shortage during the quarter ending September over expectations of higher power demand, an internal power ministry presentation seen by Reuters showed, worsening Continue Reading

Posted On : 28 May 2022 Published By : Tom Whipple
Category:
  • Coal
  • USA

Why Record-High Prices Won’t Drive A Recovery For U.S. Coal

Coal prices in the U.S. surged to an all-time high in March as Russia’s war in Ukraine and an economic rebound from the pandemic have sent demand for fossil fuels Continue Reading

Posted On : 19 May 2022 Published By : Tom Whipple
Category:
  • Coal
  • Germany

Setting up national coal reserve no longer priority for Germany – sources

 Germany is moving away from its plan to establish a strategic national coal reserve, sources from the government and industry told Reuters on Tuesday. The plan is no longer a Continue Reading

Posted On : 10 May 2022 Published By : Tom Whipple
Category:
  • Coal
  • India

India expands coal mining to beat power crunch as heatwave blazes

India is boosting coal production to record highs in an effort to overcome a fuel shortage that has strained the power supply, leading to blackouts during a searing heatwave on Continue Reading

Posted On : 4 May 2022 Published By : Tom Whipple
Category:
  • Coal
  • India

Power-hungry India halts passenger trains to free up track to move coal

India has boosted the output of coal and cancelled passenger trains to free up rail track to move it, officials said on Friday, as the government scrambles to overcome its Continue Reading

Posted On : 30 Apr 2022 Published By : Tom Whipple
Category:
  • Coal
  • India

Record India heatwave raises power cut fears

A record-breaking “heat dome” across northwest India has worsened a severe shortage of coal for power generation and raised the risk of blackouts at hospitals in New Delhi, according to Continue Reading

Posted On : 30 Apr 2022 Published By : Tom Whipple
Category:
  • Coal

Bankers Are Still Standing Behind the Dirtiest Fossil Fuel

Granted it’s still early in 2022, but signs are emerging that the amount of financing going to coal-related projects is running at a rate that’s more than double last year’s Continue Reading

Posted On : 29 Apr 2022 Published By : Tom Whipple
Category:
  • China
  • Coal

China to cut coal import tariffs to zero from May 1

 China will cut import tariffs for all types of coal to zero from May 1, 2022, until March 31, 2023, the finance ministry said on Thursday, as Beijing strives to Continue Reading

Posted On : 28 Apr 2022 Published By : Tom Whipple
Category:
  • Coal
  • USA

Russia’s gas supply cuts in Europe could fuel more US coal-to-gas switching

The US power market may be in for another wave of coal-to-gas switching this summer as potential replacement fuel demand from Western Europe drives global coal prices higher. Receive daily Continue Reading

Posted On : 28 Apr 2022 Published By : Tom Whipple
Category:
  • China
  • Coal

China Orders Top Coal Region to Ensure Supplies to Coastal Hubs

China has called on its top producing province to guarantee thermal coal supplies to some of the industrial hubs on the coast threatened by power shortages. Miners in Shanxi have Continue Reading

Posted On : 26 Apr 2022 Published By : Tom Whipple
Category:
  • Climate
  • Coal

Russia’s War Has Sparked A Coal Renaissance

It appears that the decline of coal, the dirtiest of all the fossil fuels, has been somewhat exaggerated in recent years, with the current energy shortage causing demand to soar. Continue Reading

Posted On : 24 Apr 2022 Published By : Tom Whipple
Category:
  • Canada
  • Coal

Canada’s Ridley Terminals coal exports fall 44.5% on year

Met exports at six-year low for corresponding month Thermal coal shipments decrease 23.5% on month Coal exports from Ridley Terminals in British Colombia dropped to 373,310 mt in March, down Continue Reading

Posted On : 23 Apr 2022 Published By : Tom Whipple
Category:
  • Coal
  • Pakistan

Pakistan looks for alternatives as South African coal remains out of bounds

Pakistan eyeing countries like Afghanistan, Tajikistan Domestic coal shortage hurts power supply CFR Pakistan 5,750 kg/kcal NAR coal at $366.05/mt April 20 Thermal coal buyers in Pakistan are looking for Continue Reading

Posted On : 21 Apr 2022 Published By : Tom Whipple
Category:
  • Coal
  • India

India’s big industrial states plan massive coal imports to stave off shortages

Three of India’s most industrialized states plan to import 10.5 million tonnes of coal in coming months as officials scramble to arrest widespread power cuts, a move that could push Continue Reading

Posted On : 21 Apr 2022 Published By : Tom Whipple
Category:
  • Coal
  • India
  • Russia

India eyes Russian coal offered at steep discounted price amid domestic shortage

Few cargoes of Russian coal traded to India: sources Russian 5,500 kcal/kg NAR FOB at $60/mt discount to Newcastle coal Indian stockpiles dwindling, sufficient for 8 days of the burn Continue Reading

Posted On : 18 Apr 2022 Published By : Tom Whipple
Category:
  • China
  • Coal

China’s daily coal output in March hits record high

China’s coal output rose 15% in March from the same month a year ago, with daily production climbing to a record, as Beijing urged miners to crank up operations to Continue Reading

Posted On : 18 Apr 2022 Published By : Tom Whipple
Category:
  • China
  • Coal

China’s Banks Are the Last Big Players in Coal Company Financing

As the planet lurches toward catastrophic levels of warming, China’s biggest banks have been ratcheting up their financing of the dirtiest fossil fuel of all: coal. Chinese lenders have helped Continue Reading

Posted On : 14 Apr 2022 Published By : Tom Whipple
Category:
  • China
  • Coal

China’s Q2 met coal supply seen limited, coking sector’s stocks dip: sources

China’s metallurgical coal supply is expected to remain limited in the second quarter of 2022, as coking sector’s inventories deplete and Mongolian coal suppliers face logistical hurdles, industry sources said Continue Reading

Posted On : 13 Apr 2022 Published By : Tom Whipple
Category:
  • Coal
  • USA

US coal exports to reach 3-year high amid war in Ukraine: EIA

 Production estimated at the highest level since 2019 Gas loses stack share to coal amid high prices Pointing to supply disruptions amid Russia’s war in Ukraine, the Energy Information Administration Continue Reading

Posted On : 13 Apr 2022 Published By : Tom Whipple
Category:
  • Coal

The EU’s Coal Ban Could Create A Domino Effect In Global Energy Prices

EU ban on Russian coal may lift prices of natural gas and electricity outside of Europe. China’s demand for thermal coal is rising amid a push for energy security. The Continue Reading

Posted On : 11 Apr 2022 Published By : Tom Whipple

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