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coal-Price

International thermal coal prices: bearish trend persists

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 […]

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US-LNG-Export

Coal unlikely to be displaced by U.S. LNG

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 […]

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global-energy

Global coal demand and production set. to break records

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 […]

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The-Coal-Phase-Down-Challenge-–UK-Perspective

The coal phase down challenge – UK perspective

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 […]

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