Coal shipments should be 2.3% higher in 2024 than in 2022 after rising 5-6% in 2023, but falling 2-4% in 2024. Coal shipments into China and India have surged year-to-date, despite these countries’ push to reduce import dependency by increasing domestic coal mining. However, electricity demand in both countries has risen due to growing economic […]
Countries in the Asia Pacific Economic Cooperation (APEC) region are leading the way in advanced coal abatement technologies. Coal-fired power generation still holds a significant share of the electricity supply for many economies in the APEC region. Those economies plan to continue operating their existing coal plants for years to come due to the plants […]
Phasing out unabated coal power to meet climate agreements poses enormous challenges to rapidly developing economies such as Vietnam. Indeed, Vietnam had the Association of Southeast Asian Nations (ASEAN)’s fastest growth in coal consumption over 2011–2021, at an average rate of 11% per annum (BP, 2022). Coal has been the largest contributor to Vietnam’s electricity […]
India’s gross generation from coal and lignite-based power plant is estimated to be 1515.82 BU for the year 2029-30. The estimate includes likely increase in coal-based generation on account of the uncertainty in realization of the expected/scheduled capacity addition from Hydro, Nuclear, VRE sources and/or climactic factors like drought conditions, etc. The resultant coal requirement […]
Russia plans to resume coal shipments via North Korean port of Rajin for further export to China. Earlier shipments through...
Over the past week, European thermal coal market quotations plunged below the level of 100 USD/t for the first time...
Last week the European thermal coal market saw the quotations drop below 109 USD/t. The downtrend persists, while prices continue...
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