China needs to immediately stop building new coal power plants and double wind and solar installations to put itself on a path to meet its 2060 carbon neutrality pledge, climate Continue Reading
The world must stop building new coal power plants and instead embrace green alternatives in a post-coronavirus reset world, U.N. Secretary-General Antonio Guterres said on Saturday. Speaking via video message Continue Reading
Toshiba Corp. said it will stop taking orders for new coal-fired power plants as it makes a wider push to embrace renewable energy, though it will still complete work on Continue Reading
Highlights 2020 coal production estimate lowest since 1965 Coal to make up 20.2% of 2020 power share; 24.8% in 2021 Houston — The US is estimated to produce 520.6 million Continue Reading
Peabody Energy, the world’s largest private-sector coal producer, said there was a risk it could go bankrupt for the second time in five years, as it raced to renegotiate debts Continue Reading
Highlights Emphasis on building up seaborne met portfolio Expect Q4 decline in US thermal shipments Houston — Peabody Energy saw improved coal revenues and sales in the third quarter as Continue Reading
Six Midwest utilities have said they expect to spend more than a combined $15 billion over the next several years to install or buy roughly 4 GW of solar generation, Continue Reading
Competition from record-low natural gas prices and reduced power demand in the lockdown in the spring sent coal consumption in the U.S. power sector down by 30 percent in the Continue Reading
Weekly US coal production rose to 10.36 million st in the week that ended Oct. 31, up 1.8% from a week earlier, but 18.2% below the corresponding year-ago week, according Continue Reading
Coal deliveries to US power plants rose to a seven-month high of 40.53 million st in August, up 8.3% from the previous month, but 20.6% lower than the year-ago month, Continue Reading
