IEA: The economic rebound from the pandemic is taking coal power generation to a new record high this year According to the agency, the 2020 collapse in coal demand turned Continue Reading
Coal output seen rising to record highs in 2022 China, India, hold ‘key’ to future coal demand Met coal demand to continue rising as steel output grows Overall coal demand Continue Reading
Coal-fired generation to drop 59 GW Plant owners and operators self-report retirement plans Most retiring units will have about 50 service years left Coal-fired power plants don’t have a mandatory Continue Reading
Highlights Year-on-year coal shipments jump 24.4% FOB Hampton Roads coal price averages all-time high A 20-month high 2.83 million st of coal was exported from the terminals in the Hampton Continue Reading
U.S. coal stockpiles fell in September 2021 to the lowest level of total monthly coal stocks at the electric power sector since at least 2001, the Energy Information Administration (EIA) Continue Reading
Russian authorities opened a criminal investigation into a suspected methane-gas explosion at a Siberian coal mine that killed more than 50 people and left dozens hospitalized, casting a spotlight on a Continue Reading
Dan Tronchetti received a letter in August that alarmed him: Summit Carbon Solutions, a company he’d never heard of, wanted his permission to conduct survey work for a 2,000-mile pipeline Continue Reading
Mobile carbon capture in shipping is technically feasible. Mobile carbon capture in shipping is technically feasible and has a long term role to play in meeting the industry’s decarbonization targets. Continue Reading
An international agreement to reduce coal use dragged miners’ shares lower on Monday, but tight supply of the commodity provided a floor for a sector that has chalked up huge Continue Reading
US coal prices have jumped to their highest level in more than 12 years as the industry scrambles to keep pace with surging demand driven by power producers switching to Continue Reading
Shipping companies that transport the world’s coal are in the crosshairs of some financial backers who are cleaning up their businesses in the absence of a truly global drive by Continue Reading
John Kerry, the U.S. special envoy for climate, predicted the world’s biggest economy will stop burning coal by the end of the decade. “By 2030 in the United States, we Continue Reading
An energy crisis in two of Asia’s key economies that caused power shortages and threatened slower growth is beginning to ease, though further risks remain. Supplies of coal, the key Continue Reading
The UK, Germany, Italy, South Korea, and Indonesia are among the 40 countries that signed a pledge to phase out coal. That seems a positive development for the climate. But Continue Reading
Coal for delivery next year in Europe continues to tumble as China boosts production, easing power prices across the continent. With China taking measures to boost internal production rather than Continue Reading
US coal is enjoying a brief resurgence under Joe Biden — a president who promised to curb the country’s use of fossil fuels and will join other world leaders at Continue Reading
Leaders from the Group of 20 major economies are split over phasing out coal and limiting global warming to 1.5 degrees Celsius, officials said, throwing into doubt whether ambitious climate Continue Reading
U.S. coal miners are enjoying the surge in demand for the fossil fuel, with almost all of their production through the end of next year—and some into 2023 even—already sold, Continue Reading
Leaders from the Group of 20 major economies are split over phasing out coal and limiting global warming to 1.5 degrees Celsius, officials said, throwing into doubt whether ambitious climate Continue Reading
The campaign to stop the proliferation of coal plants may come down to a bit of financial engineering: pulling the plug on insurance coverage. More than 30 insurance companies have Continue Reading
Coal shortages are currently causing electricity supply problems in two major coal-using economies, India and China. As Statista’s Katharina Buchholz notes , shortages are happening because economic activity is picking Continue Reading
Coal met some 3 percent of the UK’s electricity demand on Friday morning, reaching its highest level of Britain’s power generation in one month, amid lower wind speeds this week Continue Reading
The coalition that will form the government to succeed Germany’s Angela Merkel has agreed to phase out coal by 2030, eight years than currently planned, Reuters reported on Friday. The Continue Reading
China’s coal futures have closed every trading day this week at a record amid power shortages and blackouts across the country © Bloomberg Chinese coal futures are on track for Continue Reading
Chinese coal futures rose to record levels as floods shut dozens of mines and displaced more than 100,000 people, throttling the country’s main source of fuel for electricity and compounding Continue Reading
Coal supply shortages are pushing prices for the fuel to record highs and laying bare the challenges to weaning the global economy off one of its most important—and polluting—energy sources. The crunch Continue Reading
China has started unloading a small number of Australian coal shipments despite an unofficial import ban, analysts said, in a move underscoring the intensity of the power crunch facing the Continue Reading
The global energy crisis is reshaping trade routes for coal, illustrating the heightened demand for a fuel many considered on the downswing. China’s eastern province of Zhejiang recently received its Continue Reading
German utility Steag halted its coal-fired power plant Bergkamen-A after it ran out of hard coal supplies amid an energy crunch globally and logistics challenges domestically, the company told Bloomberg Continue Reading
Major Chinese coal producers are trying to resolve supply shortages and curb price rises as the country’s winter consumption peak approaches, an industry association said. The China Coal Transportation and Continue Reading
UN Launches ‘No New Coal’ Pledge Seven countries have signed a pledge initiated by the United Nations to stop building new coal power plants, with the aim to gather more Continue Reading
Australia and Indonesia, the world’s biggest coal exporters, face an accelerated decline in global demand for their coal shipments after China said it would stop building coal-fired power plants overseas, Continue Reading
UK power generator Drax Group Plc (DRX.L) said it could keep its coal-fired power plants operating beyond their planned closure next year as the energy crisis in Europe highlights potential Continue Reading
It’s Tuesday, September 21, and the world is turning its back on coal. More than three-quarters of the world’s proposed coal power projects have been canceled since the Paris Agreement Continue Reading
China’s pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said, although Beijing’s own domestic coal programme is Continue Reading
There isn’t much that Senate Minority Leader Mitch McConnell and the Sierra Club agree on, but one of those rare things is a measure that’s part of the bipartisan infrastructure Continue Reading
An ambitious project aimed at capturing millions of tons of carbon emissions along the U.S. Gulf Coast in Texas garnered the support of some of the world’s biggest refiners and Continue Reading
Despite its ambitious green energy targets, Europe could be forced to burn more coal this winter if natural gas stockpiles are not adequately replenished amid record-high gas prices, an expert Continue Reading
Chevron and Enterprise Products Partners are exploring carbon storage business opportunities. Chevron and Enterprise Products Partners are exploring carbon storage business opportunities. Through its Chevron New Energies division, Chevron U.S.A. Continue Reading
A plan to push utilities to use more clean energy could eliminate coal from the U.S. power grid by the end of the decade, according to a trade group that Continue Reading
The U.S., the European Union, South Korea and other wealthy nations are moving to forbid their export-financing agencies from supporting coal-fired power projects overseas, in an effort to end government Continue Reading
Coal will be a major contributor to Australia’s economy well beyond 2030 given growth in global demand, the country’s resources minister said on Monday, a day after a United Nations Continue Reading
Back in April, in the midst of a contentious trade spat and unofficial coal embargo between China and Australia, Oilprice speculated that the winner of the battle may not be Continue Reading
Channel surveys underway, expected to take one-two days Floodgate closures stall rail operations Coal carriers remained moored Aug. 30 in the New Orleans region as Hurricane Ida forced closures of Continue Reading
The US exported a combined total of 7.11 million mt thermal and metallurgical coal in June, the highest monthly level since June 2019, according to Census Bureau data released Aug. Continue Reading
One unit at Uniper’s (UN01.DE) 2-gigawatt Ratfcliffe coal plant in Britain will close next year, two years ahead of the full shut down of the facility, the company said on Continue Reading
Despite global expectations to move away from coal, demand in China is still strong, as rising global temperatures causing heat waves are driving up electricity demand and coal prices. Thermal Continue Reading
Amid all the talk of global warming, climate change-induced catastrophes, decarbonization and green finance, the global trade in “dirty” coal is enjoying an ironic renaissance. Bulk ships are busy transporting Continue Reading
China didn’t finance any coal projects via its Belt and Road Initiative in the first half, the first time that’s happened since the plan was launched in 2013, the International Continue Reading
The Biden Administration is committing $300 million to invest in the economic development of coal and coal power plant-affected communities as part of a $3-billion funding for investment in America’s Continue Reading
