India’s adoption of a ‘strategically neutral’ position with respect to the Russian invasion of Ukraine has seen it buying more cheap Russian oil, gas, and coal. In the face of energy shortages, India is also investing more in coal, even as it expands its renewables capacity…
API2 August contract further increases to $ 370.35 from $ 338.85, $ 32 WoW increase. August 2022 contract hit a high of $ 410 on 8th Mar 2022 and a low at $ 94 on 3 rd Jan 2022.
Despite the important role of gas fired generation in meeting electricity demand, the fuel which sets the price most is coal, followed by renewables, before gas.
In Q1 2022, coal and lignite generation rose by 11% (+11 TWh), whereas less CO2-intensive gas generation still managed to grow 4% (+5 TWh).
Reminiscent of coal exports ban Indonesia imposed in January this year international coal prices are higher than domestic Indonesian prices that...
Over the past week, spot coal prices in Europe fell below 335 USD/t, resulting from price correction on the gas,...
The authorities of Kuzbass, the largest coal region in Russia, are considering a possibility of introducing discounts on export railway...
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