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World’s Biggest Coal Exporters Cry Foul Over Financing

World’s Biggest Coal Exporters Cry Foul Over Financing

Coal Trade
2021-05-13

S Korea Coal Imports Drop Amid Voluntary Restrictions
South Korean thermal coal imports fell on the year in April amid a likely drop in coal-fired generation, driven in part by voluntary restrictions on the use of state-owned coal plants.
Coal Production
2021-05-06

China Accounted For Half Of The World’s Coal Generated In 2020, Says Study
Coal-fired power in China gained 2% in 2020, accounting for 53% of the overall coal-fired generation portfolio worldwide
Market Analysis
2021-05-06

Greece Commits to 2025 Coal Phase-Out
Greece’s Public Power Corp., the country’s biggest energy company, has announced that its coal-fired thermal power plant Ptolemaida 5 will be converted to gas in 2025, three years earlier than planned.
Chile
2021-04-29

Engie Says will Ditch Coal in Chile
The group reaffirmed a commitment to close six coal-fired plants, two of which have already been shut down, that generate nearly 1.5 GW of electricity, a statement said
Clean Coal
2021-04-27

Eastern Mining Company Present Concept of ‘Green Coal Cluster’
VGK, one of the ten largest coal mining companies in the Russian Federation, intends to create a ‘Green Coal Cluster’ in the Uglegorsk District of the Sakhalin Region.
Coal Mine
2021-04-27

NSW Commission Consents to Tahmoor Coal Mine Extension
The New South Wales Independent Planning Commission has granted development consent for a proposed extension to the Tahmoor Coal Mine, on Sydney’s southwestern outskirts, imposing stringent conditions to improve environmental and social outcomes.
Coal Production
2021-04-23

China to Curb Coal Consumption Below 56% of Energy Use in 2021
China aims to cut coal use to 56 percent of total energy consumption this year, down from 57 percent, while lifting electricity consumption to 28 percent from 27 percent
Coal Trade
2021-04-23

Seoul to Strengthen NDC, Suspend Foreign Coal Financing
South Korean president Moon Jae-In has declared Seoul's intention to strengthen its NDCs and to suspend all public financing for new coal plant projects abroad as the country seeks to meet its carbon neutrality goal.
Coal Gasification
2021-04-21

Cabinet Okays Subsidy for Urea Produced via Coal-Gasification by Talcher Fertiliser
The Union Cabinet on Tuesday approved an "exclusive subsidy policy" for urea fertiliser produced through coal-gasification by Talcher Fertilizers Ltd (TFL).
Coal Price
2021-04-19

South Korean Coal Prices Ease
Thermal coal prices for South Korea softened this week, as Australian fob prices came under pressure from a weaker demand outlook in India and Japan.
Coal Mine
2021-04-18

Trafo Power Solutions Supplies Transformers to South African Coal Mine
Trafo Power Solutions has customised two dry-type transformers for a coal mine in South Africa’s Limpopo province, allowing the units to be fitted into existing enclosures while meeting the customer’s demanding duty requirements.
Coal Production
2021-04-18

Global Coal Production to Rise by 3.5% in 2021
Global coal output is estimated to have declined by 2% in 2020 due to COVID-19-related lockdowns and restrictions, with significant reductions observed in the US (23.6%), Indonesia (13.1%), Russia (8.1%) and Australia (5.5%).
Coal Production
2021-04-15

China’s ETS to Reduce Coal’s Share of Power Mix: IEA
Without tighter allocation benchmarks for coal-fired plants or the introduction of allowance auctions, the scheme could fail to encourage any significant coal-to-gas fuel switching.
Coal Mine
2021-04-14

Vietnam's Coal Imports Rebound in March
Vietnamese coal imports in March slipped for the fourth straight month from a year earlier, although they more than doubled from the previous month with the containment of rising Covid-19 cases to ensure business continuity.
Coal Mine
2021-04-14

Australia’s Queensland Coal Exports Hit Four-Year Low
Shipments from the four largest coal export ports in Australia's Queensland state were at the lowest level in four years on an average daily basis in March, entirely because of a drop in shipments from the 85mn t/yr Dalrymple Bay Coal Terminal.
Coal Mine
2021-04-12

Sibanthracite Increased Volume of Mining Output in Q1 by 17%
In the first quarter of 2021, the Sibanthracite Group’s production volume amounted to 4,839,000 tonnes, of which 2,917,000 was UHG anthracite, and 1,922,000 was Grade T metallurgical coal.
Coal Production
2021-03-26

India to Double Down on Coal Projects Amid Climate Warnings
India has set in motion the biggest ever auction of coal mines in the country despite the fossil fuel’s key role in contributing to global warming.
Thermal Coal
2021-03-26

China’s Epic Sandstorm Lifts the Price of Coal that Caused it
Chinese thermal coal prices rose a fourth day for a 13% gain this month, and they remain stubbornly above the 600 yuan a ton mark that in the past has prompted the state to step in.
Coal Mine
2021-03-26

New Coalfield Discovered in North Korea
A coalfield with an estimated deposit of dozens of millions of tons has recently been found in the northern part of South Phyongan Province in the Democratic People’s Republic of Korea.
Coal Trade
2021-03-22

Severe Storms Disrupt Australian Coal Exports
Rail network manager Australian Rail Track has closed the Hunter Valley railway, halting coal deliveries to the 211mn t/yr capacity port of Newcastle in New South Wales as heavy rain causes major flooding across the coal-mining region.
Market Analysis
2021-03-22

EIA: Less Electricity Generated by Coal than Nuclear in US in 2020
US coal-fired electricity generated totalled 774 million MWh in 2020, which is less than both natural gas-fired and nuclear-powered generation.
Carbon Emissions
2021-03-19

Japan, US Exposed as UN Chief Urges G7 to Commit to 2030 Coal Exit
At a summit on “powering past coal”, António Guterres called on rich countries to lead, putting pressure on Japan and the US to produce exit plans
Coal Production
2021-03-18

India to Enhance Coal Output
To enhance coal production and reduce imports, Coal India Ltd has identified 15 new projects with a capacity to produce 160 million tpy.
Coal Production
2021-03-16

South Korean Coal Market Retreats Amid Warmer Spring
The South Korean coal market edged lower this week as forecasts of a warmer spring across northeast Asia weighed on the near-term demand outlook.
Thermal Coal
2021-03-12

South Korean Coal Imports Rebound in February
South Korean thermal coal imports rose in February, supported by utility restocking and greater Australian supply.

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Most views from Coal

Engie Says will Ditch Coal in Chile

Eastern Mining Company Present Concept of ‘Green Coal Cluster’

NSW Commission Consents to Tahmoor Coal Mine Extension

China Accounted For Half Of The World’s Coal Generated In 2020, Says Study

China to Curb Coal Consumption Below 56% of Energy Use in 2021

Greece Commits to 2025 Coal Phase-Out