Global coal markets are experiencing a bearish trend, with South African, Indonesian, and Australian prices continuing to decline due to oversupply and weak demand. China’s coal prices have dropped to multi-year lows, impacted by high inventories and limited consumption. India’s market remains steady with strong domestic supply and high inventories, while U.S. and Russian coal prices are stable, though Russian […]
A recent study by the U.S. DOE (Department of Energy) suggests that the unconstrained expansion of U.S. LNG will increase gas demand in key LNG importing countries by displacing other fuels such as coal, oil and renewables. But the authors of this report (OIES) argue that this is most unlikely to be the case especially in countries such as China […]
Despite record growth in renewable energy capacity, coal continues to play a critical role in meeting rising energy demand, particularly in developing countries. China and India dominate global coal consumption, significantly shaping market dynamics. In 2024, China’s demand is expected to increase by 1% to 4.9 Bt, driven primarily by the power sector, which alone burns one-third of the world’s […]
Coal-fired power stations required to help maintain a stable energy supply during the transition (as the contribution from renewables increased). Heavy energy users, such as manufacturing industry, need to adapt to a renewables-centred market, which may involve energy storage options to optimise costs and minimise disruptions. UK consumers have borne a significant share of the costs associated with the transition […]
Last week, the U.S. included several more major Russian coal companies in the sanctions list: Kuzbassrazrezugol (KRU) and Russian Coal....
Over the past week, European thermal coal indices strengthened above 110 USD/t on the growth of gas quotes. The volatility...
In 2024, for the first time in many years, Russian coal companies faced a full-scale crisis. As a result of...
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