The One Nation Returning To Coal
As the developed world moves farther and farther away from coal-fired energy, one major economy is breaking the trend. Japan, in a move that few could have foreseen, has opened Continue Reading
Strong Asian demand continues to hold up thermal coal markets
Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding not far off $100 a tonne Continue Reading
U.N.: Coal still has a short-term future
There’s no certain long-term future for coal as a power source given the shift toward low-carbon options, but that’s not the case near-term, a U.N. agency said. Coal accounts for Continue Reading
Coal power generation declines in United Kingdom as natural gas, renewables grow
Source: U.S. Energy Information Administration, based on Digest of U.K. Energy Statistics and National Statistics: Energy Trends Note: 2017 values are estimates based on data through September. In the United Continue Reading
China coal imports tumble on new rules, India yet to take up the slack: Russell
China’s decision to impose fresh restrictions on imports of coal at some ports appears to have caused a sharp fall in inbound shipments of the polluting fuel. The measures, announced Continue Reading
U.S. coal exports increased by 61% in 2017 as exports to Asia more than doubled
The United States exported 97.0 million short tons (MMst) of coal in 2017, a 61% (36.7 MMst) increase from the 2016 level. Exports to Asia more than doubled from 15.7 Continue Reading
Coal Is About to Lose Face in China
Now comfortably swaddled in new tariffs , American steel firms have had a good few weeks. But U.S. President Donald Trump’s other favorite industry hasn’t fared so well. BHP, the Continue Reading
Russia Mar coal exports rise 10.6% on month to 15.64 million: ministry
Russian coal exports totaled 15.64 million mt in March, up 10.6% month on month and up 2.8% year on year, according to data from the Russian Ministry of Energy Wednesday. Continue Reading
Trump Faces Test on Coal With FirstEnergy Appeal
The Trump administration’s commitment to coal is under its stiffest test yet after an Ohio energy company made a plea to favor that power source over its many rivals, including Continue Reading
Production up in all major US coal regions despite low gas prices
Weekly US coal production totaled an estimated 15.21 million st in the week ended March 17, up 2.7% from the prior week and up 8.6% from the year-ago week, US Continue Reading
The Billion Dollar Bet On European Coal
Czech energy magnate Pavel Tykac is ready to spend 1 billion euros ($1.2 billion) of his own cash on aging coal and gas-fired power plants across Europe. He’s betting the Continue Reading
Indonesia caps domestic coal price for power stations, could hit miners
Indonesia has capped the price of domestic coal for power stations at $70 per ton for two years, in new rules issued this week, a government spokesman said on Friday. Continue Reading
How a U.S. coal deal warmed Ukraine’s ties with Trump
For the first time in Ukraine’s history, U.S. anthracite is helping to keep the lights on and the heating going this winter following a deal that has also helped to Continue Reading
China’s Hebei province to cut coal use by 5 million tonnes this year: Xinhua
China’s northern Hebei province plans to reduce its annual coal consumption by 5 million tonnes this year by promoting the use of clean and renewable energy, the official Xinhua news Continue Reading
France Vows To Shut All Coal-Fired Power Plants By 2021
IN a speech at the World Economic Forum in Davos, pledging that his country will be on the forefront in the global fight against climate change. “I want to make Continue Reading
Lloyd’s Sees No Room For Coal In New Investment Strategy
The world’s oldest insurance market, Lloyd’s of London, is the latest member of the European insurance industry that will divest from coal, beginning in April this year. It will be Continue Reading
Exclusive: Trump’s coal job push stumbles in most states
President Donald Trump’s effort to put coal miners back to work stumbled in most coal producing states lcoal-producing as overall employment in the downtrodden sector grew modestly, according to preliminary Continue Reading
Powder River Basin coal production up 7.2% in 2017: MSHA
Powder River Basin coal production totaled 334.4 million st in 2017, up 7.2% from 2016, according to recently posted US Mine Safety and Health Administration data. Production in 2016 declined Continue Reading
China Looks To Create Supersized Coal Companies
China said on Friday it plans to create several “super-large” coal mining companies by the end of 2020 as the world’s biggest producer of the fuel ramps up years of Continue Reading
Federal Regulators Deal Huge Blow To The Coal Industry
The Federal Energy Regulatory Commission (FERC), which regulates the U.S. electricity market, shot down a proposal from the Department of Energy that would have essentially subsidized aging coal and nuclear Continue Reading
US coal generation to decline into 2019 as gas prices stay under $3/MMBtu: EIA
While coal crept closer to natural gas in total US electricity generation share in 2017, gas will widen the gap between the fuels this year and though 2019 on expected Continue Reading
Trump-appointed regulators reject plan to rescue coal and nuclear plants
The Federal Energy Regulatory Commission on Monday unanimously rejected a proposal by Energy Secretary Rick Perry that would have propped up nuclear and coal power struggling in competitive electricity markets. Continue Reading
China aims to supersize coal sector through mergers
China said on Friday it plans to create several “super-large” coal mining companies by the end of 2020 as the world’s biggest producer of the fuel ramps up years of Continue Reading
Asian coal prices hit late 2016 high amid huge shipping congestion
Asian benchmark thermal coal prices have pushed to their highest levels since 2016, fueled by demand in China and loading delays in Indonesia that have ramped up shipping congestion outside Continue Reading
Company sues Washington state for blocking coal exports to Asia
A company that planned to build a coal export terminal in the Pacific Northwest to ship western U.S. coal to Asian markets sued the state of Washington on Wednesday for Continue Reading
The Climate for Coal Just Got Even Chillier
It’s been a pretty good 18 months for the coal industry following the disastrous price crash of 2015, but on Tuesday miners got a big lump in their stockings. BHP, Continue Reading
EU ministers back right to support coal-fired power plants to 2030
EU coal-fired power plants could benefit from capacity payments through 2030 if a negotiating position agreed by EU energy ministers on a draft EU electricity market design regulation makes it Continue Reading
Coal demand falling, IEA says
Global coal demand is on a clear decline and its share in the power mix is on pace to fall to the lowest level since record-keeping began, the IEA said Continue Reading
BHP says likely to quit global coal lobby group
Global miner BHP Billiton said on Tuesday it has taken a preliminary decision to quit the World Coal Association citing disagreement over climate change, and might also withdraw from the Continue Reading
The Climate for Coal Just Got Even Chillier
It’s been a pretty good 18 months for the coal industry following the disastrous price crash of 2015, but on Tuesday miners got a big lump in their stockings. BHP, Continue Reading
Growth in global coal demand subdued over next five years: IEA
Global coal demand will be subdued over the next five years, growing at just 0.5 percent a year, marginally higher than current levels, due to lower consumption in China, the Continue Reading
The Death Of Europe’s Coal Industry
More than half of Europe’s coal plants are already bleeding cash, but by 2030, the percentage of coal plants in Europe that report negative cash flow could explode to an Continue Reading
Vietnam fails to export 2 mil mt of coal to China due to technical barriers
Vietnam was unable to export 2 million mt of coal to China this year as the latter set strict specification for mercury, arsenic, phosphoric, chlorine and fluorine content in imported Continue Reading
New U.S. energy agency head gets time to decide on coal, nuclear rule
The new chairman of the U.S. office that regulates energy projects was granted more time on Friday to decide on Energy Secretary Rick Perry’s directive to subsidize aging nuclear and Continue Reading
China scales back northern gas push to avert heating crisis
Beijing scaled back its plan to convert northern cities to cleaner fuel this winter after provinces warned of gas shortages, residents struggled to keep warm and reports of freezing classrooms Continue Reading
Gas Shortage Has China Backtracking On Coal Ban
China is backpedaling on its massive push for the coal-to-gas switch after the move created gas shortages in the north that left people freezing in the cold snap, financial magazine Continue Reading
China heating crisis prompts coal U-turn
Many Chinese families use coal to heat their homes China’s government has allowed some northern cities to burn coal in a temporary policy U-turn, as the country faces a heating Continue Reading
China’s November coal imports down 18.24% on year to 22.05 million mt
China imported 22.05 million mt of coal in November, including lignite, thermal and metallurgical material, up 3.62 % from October but down 18.24% year on year, according to preliminary data Continue Reading
GE’s Power Division to Eliminate 12,000 Jobs After Misjudging Demand
Workers on a gas-turbine assembly line at the General Electric plant in Greenville, S.C., on Jan. 10, 2017. General Electric Co. said Thursday it was cutting 12,000 jobs in its Continue Reading
Weekly US coal production again dips as demand remains light
Weekly US coal production totaled an estimated 14.9 million st in the week that ended November 18, up 0.9% from the prior week, but down 6.2% compared with the year-ago Continue Reading
In shadow of OPEC’s noisy oil cuts, Asia’s miners quietly tightened coal supplies
Australian and Indonesian miners have quietly done in the last two years what OPEC has been shouting about: tighten coal markets and prop up prices. The informal coal output reductions, Continue Reading
At least 15 states join global alliance to phase out coal by 2030
At least 15 countries have joined an international alliance to phase out coal from power generation before 2030, delegates at U.N. climate talks in Bonn said on Thursday. Britain, Canada, Continue Reading
U.S. grid regulator: interim plan could aid nuke, coal plants for years
The top U.S. electricity regulator wants to prop up ailing coal and nuclear plants for as long as it takes to determine whether they provide vital services to the grid Continue Reading
Quick German coal exit would endanger power supply security: RWE
German coal-biased utility RWE on Tuesday warned of a quick exit from coal power to further reduce carbon dioxide (CO2) emissions, which the Green Party is demanding in talks to Continue Reading
A year after Trump’s election, coal’s future remains bleak
A year after Donald Trump was elected president on a promise to revive the ailing U.S. coal industry, the sector’s long-term prospects for growth and hiring remain as bleak as Continue Reading
Italy Looks To Phase Out Coal-Fired Electricity By 2025
Italy’s government unveiled on Friday a new national energy strategy aiming to phase out coal in electricity generation by 2025, and significantly boost the share of renewables in total energy Continue Reading
US Hampton Roads coal exports total 3.1 million st in October: VMA
Coal exports from terminals in Virginia’s Hampton Roads region totaled 3.08 million st in October, down 1% from the prior month but up 83.1% from the year-ago month, according to Continue Reading
US coal’s upturn favors open-pit mines in western states
The US coal industry has been making a comeback this year, hailed this week by President Donald Trump. In the power generation sector, however, only one variety of the fuel Continue Reading
Coal Prices Soar As Demand Heats Up
Coal prices are on the rise again. With benchmark rates in Australia up over 30 percent since July — approaching the $100/t mark that prevailed in November 2016 after a Continue Reading
Awaiting Trump’s coal comeback, miners reject retraining
When Mike Sylvester entered a career training center earlier this year in southwestern Pennsylvania, he found more than one hundred federally funded courses covering everything from computer programming to nursing. Continue Reading