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COP28: Several Nations Promise to Shut Coal Powered Plants

Coal-Fired Power Plants

COP28: Several Nations Promise to Shut Coal Powered Plants

Coal Mine
09-05-2023

Qatarenergy and Namibia’s Ministry of Mines and Energy Sign Mou to Strengthen Cooperation in Energy Sector
The MoU covers knowledge sharing, workforce development, and exploring further investment opportunities in Namibia.QatarEnergy and the Ministry of Mines and Energy of the Republic of Namibia have signed a memorandum of understanding (MoU) to strengthen co
Coal Trade
08-05-2023

Quarterly Results. Coal India Consolidated Net Profit Drops 18% At ₹5,528-Cr in Q4 FY23 Due to Higher Expenses
Total expenses went up by nearly 30 per cent at ₹32,792 crore during the quarter under review as against ₹25,140 crore same period last year (PIC: Canva)Dragged down by higher expenses on the back of wage hikes, Coal India Ltd (CIL) registered a nearly 18
Thermal Coal
08-05-2023

Losing Sheen. Viability Issues Scare Private Sector Away From Coal-Based Power Projects
Environmental concerns and the difficulty in raising finance are also reasons for the private sector’s apathyPower Ministry’s report says the last year when the private sector put up any noteworthy capacity was 2017-18 when it created
Solar Technology
08-05-2023

Why It’s Crucial to Change the Climate and Energy Model for Developing Countries
Blocking fossil-fuel projects strikes at their ability to finance clean energy transitionLast month, Standard Chartered said it would no longer finance the $5 billion East Africa Oil Pipeline from Uganda to the coast of Tanzania, after pressure from envir
Coal Production
06-05-2023

India Mulls End to Coal Plant Construction
If approved by the cabinet, India’s new electricity policy would end the construction of new coal-fired power plants after the planned 28 GW are builtChimneys of a coal-fired power plant are pictured in New Delhi, India, July 20, 2017. REUTERS/A
Coal Gasification
06-05-2023

The Asia Pacific Underground Coal Gasification Market Is Predicted to Expand Rapidly Over the Next Decade Due to Growing Coal Reserves With Newly Found Reserves
With a net valuation of US$ 533.60 Million in 2022, the Asia Pacific underground coal gasification market is expected to develop at a CAGR of 15% over the next ten years. One of the critical forces propelling the Asia Pacific underground coal gasification
Coal Production
04-05-2023

Australian Pacific Coal Finalises Dartbrook Joint Venture Agreement
Australian Pacific Coal Ltd. (AQC) has agreed new terms and executed a restructured joint venture agreement (JVA) that will underpin the restart of the Dartbrook underground coal mine as planned in early 4Q23.The binding term sheet announced in September
Coal Production
28-04-2023

ADB to study early coal retirement in Kazakhstan
This will be accomplished through the bank’s energy transition mechanism program.The Asian Development Bank (ADB) is studying opportunities to speed up the retirement of coal-fired power plants in Kazakhstan through the Energy Transition Mechani
China news
25-04-2023

China’s Met Coke Prices Drop By RMB 100/T ($15/T) W-O-W
China's met coke prices in Hebei's Tangshan were assessed at RMB 2,400/t ($348/t) on 24 Apr'23. Prices fell by RMB 100/t ($15/t) w-o-w. This is the fourth round of price cut in April. Prices dropped on limited demand from steel mills, and coke
Coal Trade
19-04-2023

China’s March Coal Imports Jump to 3-Year High
China’s coal imports surged in March to their highest in any month over the past three years as utilities increased purchases on expectations for a demand recovery and after curbs on bringing in Australian coal were removed.The world’s
Coal Mine
17-04-2023

Coal Phase-Out Not Happening Fast Enough to Avoid Rising Global Temperatures
A stockpile of coal maintained by the base power plant at Eielson Air Force Base in Alaska. (Reference image by The U.S. National Archives, Picryl.)A recent study by researchers at the Chalmers University of Technology and Lund University shows that the u
Coal Production
13-04-2023

Government Developing Portal to Expedite Clearances for Newly Allocated Blocks: Coal Secretary
The secretary along with Additional Coal Secretary and Nominated Authority M Nagaraju held an interaction with the representatives of captive and commercial coal block allottees to discuss ways to increase coal production and other issues.The government i
Coal Mine
12-04-2023

Glencore Throws in Cash to Buy Teck Shareholders Out of Coal Exposure
Swiss multinational Glencore on Tuesday announced a modification of its proposed transaction with Canadian miner Teck Resources, introducing a cash element for those investors that may prefer a full coal exit.In a letter addressed to Teck chairperson Shei
Coal Mine
12-04-2023

Edenville’s Washed Coal Volumes Affected by Rain in Tanzania
Aim-listed Edenville Energy says the washing of run-of-mine (RoM) coal at its Rukwa coal project, in Tanzania, has been hampered by high moisture content, given the ongoing rainy season in the country.In dry periods, the moisture content is reduced suffic
Coal Trade
11-04-2023

Coal India to Boost Supplies to Industries as Utilities’ Inventories Rise
Coal India Ltd will increase supplies to industries, the world’s largest coal miner said on Wednesday as fuel inventories at utilities run by coal increased by over two-fifths over the last one year.The state-run miner has historically prioritis
Coal Production
29-03-2023

No Issue of Coal Availability, Constraint Is Railway Logistics: Power Secretary to Parliamentary Panel
Power Ministry has formulated a plan of rationing coal, beginning April 1, in an effort to ensure adequate supply of the commodity to power plants to meet electricity demand for summersKumar explained to the panel that there is a management problem in Apr
Coal Production
28-03-2023

How India Plans to Shield Businesses From Power Cuts This Summer
The nation, which depends on coal for 70% of its electricity, is increasing its green energy capacity amid rising demandA coal wholesale market in Mumbai. India expects power demand to hit a peak of 229 gigawatts next month.For Saurabh Verma, who runs a l
Thermal Coal
24-03-2023

We’re Cementing Climate Denial With Every Fossil Fuel Project
A coal-fired power plant in Germany. A United Nations climate report warns that global warming is on track to exceed 1.5 degrees Celsius by the early 2030s without swift reductions in greenhouse gas pollution.(Martin Meissner / Associated Press )A new Uni
Coal Production
23-03-2023

LONGWALL PRODUCTION LOSES A LITTLE STEAM
Through the use of new technology, operators hope to leave difficult geology in the gobIn a year where total U.S. coal production climbed nearly 4%, America’s longwall mines didn’t keep pace. Last year, longwall mines in the U.S. produ
Coal Mine
23-03-2023

Investors Question Teck on Climate Even After Canadian Miner’s Coal Spin-Out
Investors have yet to embrace Canadian miner Teck Resources Ltd's (TECKb.TO) proposal to spin off its highly polluting coal business and focus on production of copper to help supply society's move toward electric vehicles.Last month, Teck
Coal Price
21-03-2023

S. Africa’s Exxaro Resources Says Coal Prices Cooling Off
South Africa’s Exxaro Resources on Thursday posted a 28% jump in 2022 profit after seeing average coal prices surge more than 150%, but warned prices were easing, partly due to high inventories at European power utilities.Exxaro posted a 41% inc
India
21-03-2023

NTPC Mulls 5.4 Million Tonnes Coal Import in First Half of 2023-24: PTI
State-run power giant NTPC is planning to import around 5.4 million tonnes of coal to meet the supply shortage during the first half 2023-24 fiscal, Parliament was informed on Tuesday.NTPC is planning to import around 5.4 million tonnes of coal for its gr
Thermal Coal
13-03-2023

Power Units May Miss Closing Coal Stock Target as Heat Soars
The railway ministry will provide 418 rakes to different subsidiaries of Coal India and captive mines and will also increase the number of rakes. Hydro power plants run at lesser capacity between January and April because of flow and quantum of water. Sol
Thermal Coal
10-03-2023

Contango Completes Pilot Coke Plant Construction at Its Lubu Project
Contango Holdings Plc has advised that the construction of a small-scale coke battery has been completed at the Lubu Coal Project in Zimbabwe.The pilot coke plant has been constructed to provide on-site capability to manufacture coke from washed coking co
Thermal Coal
09-03-2023

Dark Summer Nights: India Faces High Risks of Power Cuts After Years of Coal, Hydro Power Neglect
The electricity deficits this summer could be worse than expected, as Grid-India's shortage forecasts were made weeks before India's weather office predicted heat waves between March and May.A rapid addition of solar farms has helped India

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