Indiana Bill Would Make it Harder to Close Coal Plants
The Michigan City Generating Station in Indiana, owned by the utility NIPSCO, is a coal-fired power plant that is set to close. A proposal in the state legislature would place Continue Reading
Uniper sets out closure schedule for German hard coal units
Uniper will decommission German hard coal plants at Scholven, Wilhemshaven and Buer by end-2022, and at Staudinger and Heyden by end-2025 at the latest, the German company said in a Continue Reading
US coal-fired power generation totals 75.6 TWh in November, down 18.7% on year: EIA
US coal-fired power generation totaled 75.6 TWh in November, down 18.7% on year but up 13.1% from October, Energy Information Administration data showed Monday. It was the first month-on-month increase Continue Reading
Can Europe’s Largest Economy Survive Without Coal?
One of the greatest moral dilemmas that has been creeping into the everyday activities of specialists working with coal, oil and in some cases even gas (despite its being perceived Continue Reading
Dethroning King Coal – How a Once Dominant Fuel Source is Falling Rapidly from Favour
Electricity fuelled by coal is experiencing a record decline. 2019 is expected to show the biggest fall yet, after decades of increases. An accelerated move away from coal is imperative Continue Reading
US coal sector struggling to find a place in an ESG world
In a finance world increasingly committing to investing with environmental, social and governance factors as a priority, the coal sector is finding it difficult to find its place. Over the Continue Reading
Union Pacific Q4 coal volumes drop 25% on low natural gas prices, driving decline in quarterly shipments
Total UP volumes fall 20% on year Annual net income $5.9 billion, down 1% on year Houston — Union Pacific coal volumes dropped 25% in the fourth quarter year on Continue Reading
Weakening LNG prices may sap seaborne coal demand in near-term: sources
Asian seaborne thermal coal traders voiced concerns over near-term demand as more utilities consider the feasibility of a coal-to-gas switching amid languishing LNG prices, sources told S&P Global Platts on Continue Reading
Germany Set To Close All Coal Fired Energy Plants By 2038
European business news recently announced the latest German government initiative to decarbonize its nation’s electric power generation by closing all coal fired generating stations by 2038. The plan received the Continue Reading
Could Renewables Overtake Coal In China?
In September of last year Oilprice reported an incredible milestone for renewable energy when solar and wind power became cheaper than coal in most of the world. Now, a new Continue Reading