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
Egypt 2019 thermal coal imports rise 31% on cement sector demand
Egypt imported 6.32 million mt of thermal coal in 2019, up 31% on the previous year, according to official data from the Port of Alexandria, boosted by strong demand from Continue Reading
China launches fresh restrictions for thermal coal imports: sources
China has reportedly launched fresh restrictions on thermal coal imports this year, with tightened customs declarations at certain ports effective Friday, market sources said. Caofeidian port in northern China and Continue Reading
Germany agrees 40 billion euro coal exit deal for states, companies
Germany has agreed to compensation of about 40 billion euros ($45 billion) for affected regions, workers and companies as part of plans to end its use of brown coal in Continue Reading
German Shift From Coal Spurs Fresh Pain
A top German utility said it would eliminate thousands of jobs tied to the country’s phase-out of coal, as the government pledged nearly €50 billion in aid to German regions, Continue Reading
US weekly coal carloads up 1.5% on week, down 18.6% on year: AAR
US coal carloads were at 70,831 in the week ended January 11, up 1.5% from 69,757 a week earlier, but 18.6% lower than 87,228 in the year-ago week, the Association Continue Reading
EU to allow state aid for coal plant exit, low-CO2 industry shift
The European Commission is willing to approve national government aid to coal plant operators for closing early, and to manufacturers to decarbonize their production, to support the EU’s 2050 carbon Continue Reading
Germany to help regions, employees, companies affected by coal exit: Government spokesman
The German government said on Thursday that energy-intensive companies who compete internationally can get an annual subsidy from 2023 to compensate for higher electricity costs caused by a planned coal Continue Reading
Gas displaced coal in Europe’s shrinking thermal gap 2019: EnAppSys
Gas displaced coal in Europe’s shrinking fossil-fired generation sector in 2019 as strong gains for wind and reduced demand helped to offset falling nuclear and hydro, energy consultancy EnAppSys said Continue Reading
Siemens to decide by Monday on controversial Australian coal mine project
Engineering giant Siemens will decide by Monday on its involvement in the development of a controversial Australian coal mine being built by India’s Adani, CEO Joe Kaeser said on Friday. Continue Reading
Tri-State to retire mine, Escalante and Craig coal-fired power plants decades early
Tri-State Generation and Transmission will close its entire Colorado- and New Mexico-based coal-fired generation fleet decades earlier than the assets’ potential end-of-life, as well as retire a coal mine in Continue Reading
Coal Train Protesters Target One of New England’s Last Big Coal Power Plants
Protesters have blocked coal trains headed for one of New England’s last remaining coal-fired plants five times in the span of a month, including this protest in early December 2019 Continue Reading
Joe Biden To Coal Miners: ‘’Learn To Code’’
Democratic presidential hopeful and former US vice president Joe Biden told unemployed miners, particularly those in the coal sector, to learn to code so that they can access the jobs Continue Reading
Weekly US coal production falls 18.1% on week; 2019 output reaches 703 million st: EIA
Weekly US coal production totaled 10.4 million st in the week ended December 28, down 18.1% from a week ago, US Energy Information Administration data showed Friday. Receive daily email Continue Reading
Why Is Warren Buffett Ditching His Coal Plants?
Warren Buffett, probably the world’s most successful investor, a man noted for the conservatism of his investment policy and aversion to high tech, wants out of coal? Buffett’s Berkshire Hathaway Continue Reading
In Tougher Times, China Falls Back on Coal
Coal consumption is back near peak levels after rebounding over the past three years, despite China’s pledges to make steep cuts in what is the country’s most prevalent and polluting Continue Reading
October US coal-fired power generation totals 66.9 TWh, down 23.6% on year: EIA
US coal-fired power generation totaled 66.9 TWh in October, US Energy Information Administration data showed Monday, a year-on-year decrease of 23.6%, the largest such decline since March 2016. Receive daily Continue Reading
US coal sector remains in rough shape into the 2020s after decade of decline
The US coal sector is seeing little hope of improvement in the next few years, after a long list of bankruptcies, power plant closures, layoffs, and other troubles marred the Continue Reading
Energy Regulator’s Order Could Boost Coal Over Renewables, Raising Costs for Consumers
The Trump administration has taken other high-profile steps to try to boost the coal industry, but many of them are tied up in legal challenges. The new order from the Continue Reading
Weekly US coal production totals 12.7 million st, down 18.4% on year: EIA
Down 23.1% from five-year weekly average Annualized 2019 output estimated 704 million st Now Weekly US coal production was estimated to be 12.7 million st in the week ended December Continue Reading
IEA: Asia Keeps Global Coal Demand Stable Until 2024
Although coal demand is expected to decrease this year, it will remain largely stable until 2024, driven by continued strong demand in major Asian economies such as India and China, Continue Reading
Russian Coal Exporters Face Nightmare Scenario In Asia
Trying to redirect supplies from the European to the Asian market, leading coal exporters face a slowdown in demand in India, Japan and South Korea, which leads to a price Continue Reading
Moody’s sees negative 2020 US thermal coal outlook on smaller stack share, lower exports
Moody’s Investors Service said Friday it retained a negative outlook on US thermal coal markets in 2020 based on stiffer competition in the generation stack from natural gas and renewables, Continue Reading
Chile speeds up coal-fired power plant closure plan, agrees to shut newest facility
Highlights AES, Engie commit to accelerated shutdown plan Chile wants to be carbon neutral by 2040 Santiago, Chile — Engie will close its newest power plant in Chile after just Continue Reading
Bearish US thermal coal export market driven by unsupportive pricing: Platts Analytics
Possible ban on coal exports in Richmond, California Few additional exports expected in 2020 Houston — Expectations for US thermal coal exports are bearish, with further declines forecast, Platts Analytics Continue Reading
China’s Jan-Nov coal imports rise 10% on year to 299 mil mt; exceed 2018 total
China imported 299.3 million mt of coal, including thermal and coking coal, over January-November, up 10.2% year on year, exceeding its 2018 full-year import volume of 281 million mt, General Continue Reading
Coal Is Dead, But China Is Reviving It
When the news broke that a startup funded by Bill Gates had succeeded in generating temperatures of more than 1,000 degrees Celsius using solar energy, it dealt a blow to Continue Reading
Dutch upper house debates coal phase out proposal
The Netherlands’ Senate, its upper house, is to vote next Tuesday on a parliamentary bill banning the use of coal in power generation by 2030, it said late Tuesday. The Continue Reading
Why Oil Demand Won’t Follow Coal’s Death Spiral
After a steady rise that lasted nearly 50 years, U.S. coal consumption peaked about a decade ago. Since the peak in 2007, coal consumption in the U.S. has fallen an Continue Reading
South Korea to shut up to 15 coal power plants for 3 months to check pollution
South Korea will shut up to 15 coal-fired power plants out of the total 60 for three months starting December 1 to help reduce air pollution, which could give a Continue Reading
US coal-fired power generation falls 11.2% on year to 85.9 TWh in September
Coal plant capacity averaged 51.6% in Sep Coal took 23.9% share of Sep generation US coal-fired power generation totaled 85.9 TWh in September, down 8.8% from August, US Energy Information Continue Reading
Coal-fired power to drop record 300 TWh in 2019, down 3% on year: analysts
Coal-fired power generation in 2019 is expected to drop a record 3%, or about 300 TWh in total, below that in 2018, analysts said in a report Monday. The drop Continue Reading
Is China’s “Clean Coal” A Lie?
Coal should be on its last legs. It’s dirty, it’s finite, and it’s not even that cheap anymore . These factors make it all the more surprising that Beijing is Continue Reading
Commodities 2020: China thermal coal prices under pressure, India to gain ground in 2020
Chinese thermal coal prices are likely to come under pressure in 2020 from rising domestic output, while India makes further gains in its quest to surpass China as the world’s Continue Reading
China ramps up coal power in face of emissions efforts
China is set to add new coal-fired power plants equivalent to the EU’s entire capacity, as the world’s biggest energy consumer ignores global pressure to rein in carbon emissions in Continue Reading
Chinese seaborne thermal coal deals being canceled, delayed amid import curb
Chinese buyers of seaborne thermal coal have been canceling deals or trying to defer delivery cargoes to the end of December amid ongoing curbs on imported material, market sources said Continue Reading
Russian Sibanthracite to boost export capacity to meet growing Asian coal demand
Russian Sibanthracite Group is looking to replace Australian coal as it boosts its export infrastructure to meet growing coal demand in Asia, an executive said Friday. That came as the Continue Reading
German Coal Consumption Continues To Crash
Lignite and bituminous coal produced 50 percent less energy than renewables in Germany during the first three quarters of 2019, a new report by the Centre for Solar Energy and Continue Reading
Japanese Princeling’s Goal to Ditch Coal Hits a Snag: He’s Environment Minister Now
Educated at Columbia University, the 38-year-old Mr. Koizumi is one of the youngest lawmakers in postwar history to join Japan’s cabinet. He was named environment minister in September by Prime Continue Reading
Coal Miners’ Pension, Health Benefits Under Stress After Bankruptcies
A pension fund covering about 90,000 coal workers and their families is on the brink of insolvency while hundreds of these miners also face losing medical benefits, part of mounting Continue Reading
Coal’s Slow And Painful Demise Bankrupts Another Mining Giant
Murray Energy, the US largest privately owned coal producer led by outspoken Donald Trump’s ally Robert Murray, has filed for chapter 11 protection , as the fossil fuel’s role in Continue Reading