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Russian coal industry losses surge 3-fold in Jan-Feb 2026

Global coal prices diverge as European market weakens and metallurgical coal strengthens

Japan coal demand remains resilient as coal-fired power retains major role in 2030 energy mix
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Chart showing China thermal power generation trends from 2021 to 2026, with 2026 levels remaining elevated in early 2026 amid stronger reliance on coal-fired power generation.

China coal demand gains as Hormuz crisis reinforces energy security concerns

China coal demand is receiving renewed support as energy security concerns push Beijing to prioritise thermal generation, domestic supply resilience and reliable baseload power following disruption linked to the Strait of Hormuz crisis. The report highlights how China coal demand is being supported by fuel switching away from LNG and gas, higher thermal power generation and growing stockpiling activity in […]

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Graph showing decline in Australian black coal-fired electricity generation during Q1 2026

Australian coal generation holds in evolving power market dynamics

Australian coal generation declined 4.4% year-on-year in Q1 2026 as battery storage and renewable capacity expanded rapidly across the National Electricity Market. However, coal-fired generation still averaged more than 13 GW during the quarter, underlining coal’s continuing role in supporting grid reliability in one of the world’s largest coal-exporting economies. Australian coal-fired generation dropped to a new Q1 low in […]

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Bar chart showing slowing growth in India electricity generation and rising renewable power contribution in Q4 2025–26.

India coal generation remains dominant despite rapid renewable growth

Coal continued to account for nearly three-quarters of India’s electricity generation in Q4 2025-26, even as solar and wind capacity expanded rapidly. The report also highlighted growing renewable curtailment and grid-flexibility challenges as India’s power system adapts to higher renewable penetration. India coal generation fell by 1% in Q4 2025–26 even as electricity demand rose by about 3%. Renewable generation […]

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Vertical bar chart of coal consumption (Mt/yr) by cement companies: Anhui Conch ~20, CNBM ~17, UltraTech ~5, Holcim ~2, Heidelberg Materials ~5, Cemex ~1.

Coal in cement and concrete: global fuel use and decarbonisation pathways

Coal in cement and concrete remains a major source of industrial fuel demand, with the global cement sector using about 284 Mt of coal in 2024. The report highlights where coal dependence is concentrated and how lower clinker content, alternative fuels and calcined clay can reduce emissions. Coal in cement and concrete remains central to global clinker production, with the […]

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