Coal News
Shocked by gas bills, thrifty Dutch stockpile coal, wood for winter
VEENENDAAL, Netherlands – The budget-conscious Dutch, who enjoyed abundant cheap gas for half a century to heat their homes, are turning to more traditional heating methods as cold weather reaches the Netherlands.
Sales of coal, wood and pellets …
Coal rush! Energy crisis fires global hunt for polluting fuel
DAR ES SALAAM – The sleepy Tanzanian port of Mtwara mainly dealt in cashew nuts until late last year. Now it bustles with vessels loading up with coal, as Russia’s invasion of Ukraine drives a worldwide race for …
Exclusive: Biden EPA to tackle coal industry carbon with rules on other pollutants
GUAYAMA, Puerto Rico – The U.S. Environmental Protection Agency plans to use new limits on traditional pollutants like ozone and coal ash to help encourage the retirement of the nation’s remaining coal-fired power plants, after the Supreme Court …
Coal investments set to rise 10% this year as nations fret over energy security
Global energy investment is on course to jump by more than 8% in 2022 and hit $2.4 trillion, with a notable uptick for coal supply chains, but far more money will be required if climate-related goals are to …
Europe may shift back to coal as Russia turns down gas flows
FRANKFURT/MILAN – Europe’s biggest Russian gas buyers raced to find alternative fuel supplies on Monday and could burn more coal to cope with reduced gas flows from Russia that threaten an energy crisis in winter if stores are …
Analysis: U.S. coal companies struggle to cash in on Europe crunch
WASHINGTON – U.S. coal producers are seeking to boost exports to cash in on soaring prices since Russia’s invasion of Ukraine but face big headwinds including shipping bottlenecks, labor shortages, and a dismal long-term outlook discouraging investments in …
Balkans turns to coal as energy crisis trumps climate commitments
OSLOMEJ – Balkan nations in southeast Europe are turning to coal as they try to tackle a global surge in energy prices, raising fears among environmentalists that countries are rowing back on commitments to phase out the most polluting …
China’s daily coal output in March hits record high
BEIJING – China’s coal output rose 15% in March from the same month a year ago, with daily production climbing to a record, as Beijing urged miners to crank up operations to ensure steady market supply.
China churned out …
Coal to make up 85% of total U.S. power capacity to be retired in 2022 – EIA
Jan 11 – Coal-fired plants will account for about 85% of total U.S. power capacity scheduled for retirement this year with natural gas and renewables taking a greater share of the supply, the U.S. Energy Information Administration said on …
Coal-fired power generation on track to hit all-time high this year, IEA says
Coal-fired power generation is due to hit an all-time high this year, according to a report from the International Energy Agency, with the organization’s executive director calling for urgent action to mitigate emissions from the sector.
The IEA’s report, …
Coal is ‘king’ as gas prices soar, Total CEO says — and it’s backfiring on cleaner energy goals
Surging natural gas prices have led to a jump in coal use, with plants in Europe and Asia firing back up as temperatures decline and the world grapples with worsening gas shortages.
TotalEnergies CEO Patrick Pouyanne on Wednesday stressed …
Biden’s net-zero climate policies drive a 23% hike in U.S. coal usage
NEW YORK (Bloomberg) –Donald Trump vowed to revive the coal industry, but it’s President Joe Biden who’s driving a big comeback of the dirtiest fossil fuel.
U.S. power plants are on track to burn 23% more coal this …
China digs in on coal, oil gains as energy crisis deepens
China ordered miners in Inner Mongolia to ramp up coal production and oil prices jumped on Friday as a record surge in the cost of gas revived demand for the most polluting fossil fuels to keep factories open and
Oil rises as global energy crunch takes hold
LONDON – Oil prices rose on Friday to trade 4% up on the week, buoyed by a global energy crunch that has helped gas prices to record highs and prompted China to demand increased coal production.
Energy markets have …
Today’s global energy crisis is just the first in the “clean power” era
(Bloomberg) –The world is living through the first major energy crisis of the clean-power transition. It won’t be the last.
The shortages jolting natural gas and electricity markets from the UK to China are unfolding just as demand …
Fossil fuel demand shakes off pandemic in blow to climate fight
LONDON – Demand for coal and natural gas has exceeded pre-COVID-19 highs with oil not far behind, dealing a setback to hopes the pandemic would spur a faster transition to clean energy from fossil fuels.
Global natural gas shortages, …
COLUMN-Developing nations need help to quit coal addiction: Kemp
LONDON – Coal-fired power plants are proving hard to shutdown in developing economies because they are cheap and convenient, but keeping them going is pumping out carbon dioxide at a rate far beyond the level needed to achieve net …
EU, U.S. sow seeds for climate cooperation, dodge coal’s end date – draft
BRUSSELS/WASHINGTON – The United States and European Union will pledge closer cooperation on fighting climate change at a summit on Tuesday, but will steer clear of setting a date to stop burning coal, according to a draft joint statement.…
China has ‘no other choice’ but to rely on coal power for now, official says
BEIJING — China has ambitious goals for cutting its carbon emissions, but it won’t be abandoning coal power anytime soon as it keeps its eye firmly on economic targets.
President Xi Jinping said in September that the country’s carbon …
Australia shies from backing net zero by 2050 ahead of Biden climate summit
CANBERRA – Australian Prime Minister Scott Morrison stopped short of endorsing a 2050 target for net zero greenhouse gas emissions ahead of U.S. President Joe Biden’s climate summit this week.
In a speech on Monday, he said only that …
Column: India may join net-zero emissions club, but membership won’t be easy
LAUNCESTON, Australia- India may be the last major climate change domino to fall into place as the government considers setting a target to reach net zero carbon emissions, in line with similar moves by other major polluters.
India is …
S&P Global Platts Opens Consultation on Inclusion of WTI Midland Crude in Dated Brent
S&P Global Platts Opens Consultation on Inclusion of WTI Midland Crude in Dated Brent…
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Poland should scrap coal and energy plan, environmentalists say
WARSAW – Poland should scrap a plan to merge state-run energy groups after they have shifted coal assets into a separate entity because it won’t deliver on EU climate targets, a report by environmentalist group ClientEarth and think tank …
Interregional electricity trade in India affects shares of solar and coal-fired generation
EIA
With more than 1.3 billion people, India is the second-most populous country in the world and has the third-highest energy consumption level after China and the United States. To help meet the country’s energy needs, India is expanding its …
Hopes dim for Australian coking coal as China digs in – what does that mean for steel production in China?
Argus
Oil & Gas 360 Publishers Note: Steel production in China will have a major supply issue and price increase. – This will be one issue that will effect steel production and other markets in China. – One to watch. …
Australia state unveils $23 billion energy roadmap in renewables push
SYDNEY – Australia’s New South Wales (NSW) state said on Monday it would shift toward renewable energy from coal and aimed to lure A$32 billion ($23.3 billion) of private investment into the sector in the next decade.
Australia’s most …
Black Hills Corp. Announces Clean Energy Goals
RAPID CITY, S.D., Nov. 05, 2020 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH), conducti…
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Power sector consumed 30% less coal in first-half 2020 than in first-half 2019 – Good for environment
EIA
Oil & Gas 360 Publishers Note – Notice the coke coal increased, which is a good thing for economy, as it is used for manufacturing. We are also seeing new technology coming on-line that will help reduce coal co2 …
