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The energy crisis caused by global structural changes in the political and economic sphere is the reason for the change in Russia’s energy strategy based on the concept of sustainable development. The presented study is intended to test the hypothesis about the stimulating effect of economic sanctions on the traditional energy sector and is intended to examine the assumption about the implementation in Russia of the concept of the diversification of energy resources in terms of the use of coal fuel using a systematic approach.
India’s total coal and coke imports ramped up with the slowdown in rain during August 2023 and imports stood at 20.60 million metric tons (MMT). The total imports in Aug 23 is up by 12% MoM from the 18.39 MMT level in July 2023. The imports however down by 12% from the August 2022 level of 23.46 MMT.
The thermal coal market continued to walk toward the north amid rising demand from the Asian market where the supply is also depleted. The strike at Australia’s key natural gas plants called off which supported the coal prices during the month however the increasing demand from the Asian market is now supporting the prices to a great extent. India and China’s coal demand is rising on the back of increasing electricity demand and at the same time, the supply has been dampened in India with logistical issues and in China due to safety checks at mines.
The U.S. coal fired power generation fleet was a major source of increased electricity generation during Storm Elliott. This was because coal plants maintain fuel inventory stored on site. The coal fleet provided 38 percent of the increased electricity generated nationwide during Elliott.
The Russian Ministry of Finance and the Ministry of Economy are introducing duties on exports of coal, as well as...
Over the past week, thermal coal prices on the European market rose above 130 USD/t. Quotes continue to be supported...
Last week, thermal coal prices on the European market kept growing above 127 USD/t. Quotes were supported by a reduction...
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