Updated daily
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Britain runs coal power stations amid energy crisis
24 Sep 2021Britain, which faces soaring natural gas prices, has been forced to run coal-fired power stations in order to secure energy supplies, electricity generation company Drax said on Thursday.The country is particularly exposed to Europe's ongoing energy crisis due to its reliance on natural gas to generate electricity. The price of European gas futures has more than doubled since May. . ...Read More
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CLP Group to phase out coal-fired power plants by 2040
24 Sep 2021Electric utility company CLP Group will phase out coal-fired power plants by 2040, bringing forward its previously stated commitment by a decade. . ...Read More
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Rain and equipment woes to cap Indonesia coal output
23 Sep 2021Expected wet weather, shortages of new heavy equipment and red tape may drag Indonesian miners’ effort to churn more coal output in the fourth quarter, keeping coal prices in Asia at a multi-year high. . ...Read More
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China’s 2021-25 met coal market seen balanced, scrap usage to cut coal demand
23 Sep 2021China’s metallurgical coal supply and demand during the 14th Five Year Plan period (2021-25) is expected to remain balanced, on the back of higher steel scrap usage expectations that could eat into coking coal demand, sources said this week. . ...Read More
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Coal supply shortage hurts top metals, cement makers
23 Sep 2021India's top metals and cement makers are hurt by a fall in the availability of coal from state-owned Coal India Ltd (CIL NSE 0.63 %) and its subsidiaries, which are sending more of the dry fuel to the power sector while cutting down the supplies to other users."We heard from CIL that there is no sufficient coal available and that is why they have stopped the supplies. Our stock as of today is available for the next two days," said an executive at a top steelmaker, requesting anonymity.Steelmakers that process DRI (direct reduced iron) use thermal coal and keep stock for 12-15 days, which has now come down to 3-4 days for most. For them, the daily consumption is around 10,000-12,000 tonnes of coal. . ...Read More
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Coal demand resilient to China's UN power station pledge
23 Sep 2021The mining industry remains upbeat on future coal demand despite President Xi Jinping's pledge at the United Nations to stop funding overseas coal-fired power plants. . ...Read More
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Wyoming's Only Underground Coal Mine Is Preparing To Close
22 Sep 2021The Bridger Coal Company is expecting to permanently shut the doors of its underground mining operation near Rock Springs as soon as Nov. 19, 2021. The closure plan has been in place since 2016. . ...Read More
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No bids for Goa’s coal block
22 Sep 2021The much-talked allotment of a coal block to the Goa government at Madhya Pradesh has come to an end with no bidders showing interest. . ...Read More
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China to stop funding overseas coal-fired power plants
22 Sep 2021China will stop supporting the development of coal-fired power plants in other countries, President Xi Jinping said at the United Nations General Assembly on Wednesday. . ...Read More
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China’s coal output resumes growth in August
21 Sep 2021China’s raw coal output rose 0.8 percent year on year to 340 million tonnes last month, official data showed. . ...Read More
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Russia should prepare for gradual reduction in use of oil, gas, coal — Prime Minister
21 Sep 2021Russian Prime Minister Mikhail Mishustin underscored the importance of preparing the country for a gradual reduction in the use of hydrocarbons. . ...Read More
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Poland refuses to halt disputed coal mine despite EU court penalty
21 Sep 2021Poland vowed to keep its disputed Turow coal mine running on Monday despite being hit with a order to pay a 500,000 euro ($585,550) daily penalty to the European Commission for defying an earlier court ruling to halt operations. . ...Read More
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CIL signs pact of Rs 1,880 cr for commercial extraction of coal bed methane
21 Sep 2021State-owned CIL on Monday said that its arm Bharat Coking Coal has signed contract worth Rs 1,880 crore with Prabha Energy for commercial extraction of coal bed methane. . ...Read More
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Chinese Power Gencos’ Tariffs Likely to Rise in 2H21
20 Sep 2021Chinese power generation companies’ (gencos) realizable coal-fired tariffs are likely to rise in the second half of 2021, as many local governments have lifted the restrictions on tariff increases for market-traded power, Fitch Ratings says. . ...Read More
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DTEK agrees with US company on supply of 150,000 tonnes of coal to Ukraine
20 Sep 2021DTEK on Sept. 16 agreed with the American company HC Trading (Heidelberg Cement Group) on the supply to Ukraine of two shiploads of American thermal coal with a total volume of 150,000 tonnes, the company said in a press release. . ...Read More