China pushed global coal demand to a record high in 2024, the IEA said in its latest coal flagship report. The IEA has now ditched its “peak coal” theory and sees higher demand in 2025, 2026 and 2027. The IEA estimates that global coal demand surged to an all-time high of 8,771 million metric tons this year, up 1% from […]
International coal prices remain under pressure as the holiday season approaches, with weak demand from importing countries. Although freight rates are attractive and supply levels are strong, buyers are reluctant to engage in the market. End users are purchasing only the minimum amount of coal needed to cover their immediate requirements, while traders are avoiding taking positions due to the […]
This report challenges the notion of prematurely phasing out coal in favour of renewables alone. Instead, it explores how advanced coal technologies can be a linchpin in our journey towards future net-zero emissions when thoughtfully integrated with responsible energy policies and investments. Finding decarbonisation solutions for the coal value chain, notably the power generation sector, is paramount due to coal’s […]
This paper set out to answer why the Japanese government under Prime Minister Abe suddenly changed its position in July 2020, backing MoE’s demand to reduce the export of coal-fired power plants. The first factor was the decreasing willingness of important Japanese stakeholders in the finance sector to invest in CFPP following an increasingly hostile market environment. In 2019, Japan’s […]
Over the past week, European thermal coal indices slipped below the support level of 110 USD/t. Pressure remains in place...
Coal production in Kuzbass in 2024 will plunge to 196 mio t (-18.2 mio t or -8.4% vs. 2023), the...
Russian coal exports to China in January-October 2024 dropped to 77.0 mio t (-9.0 mio t or -10.5% vs. Jan-Oct...
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