This report highlights that while global coal demand will remain flat in the near term, driven by sustained use in China and India, it faces strong competition from renewables and gas in regions like the U.S. and Europe. Medium-term strategies show mixed regional responses, with some areas phasing out coal faster due to policies and economic pressures, while others, like […]
In the past week, coal prices have experienced varied movements, with Free on Board (FOB) prices generally increasing, while the Cost and Freight (CFR) prices have shown more mixed results. Several regional dynamics, from European gas concerns to shipping rate fluctuations, have shaped the coal market in different ways. Source: iEnergy
In the first six months of 2024, European hard coal production fell by 8% to 22 million tonnes compared with the same period of 2023. Lignite production fell by 20% to 92 million tonnes as demand for power generation slumped across the whole of the EU except in Slovenia. Global coal use continued to rise in the first six months […]
In the United States, serving winter load is becoming more challenging and complex as coal-fired and older natural gas-fired generators retire and are replaced by variable and energy-limited resources. Growing winter load underscores the importance of maintaining sufficient dispatchable generation and strong transmission networks. Winter electric load is growing in most areas as the grid increasingly powers heating, transportation systems, […]
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels....
The first bulk carrier arrived at the Elga coal terminal, which is under construction and is the final station of...
Last week, European thermal coal quotations rose above 125 USD/t. Coal price indices were supported by such factors as increased...
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