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China’s March Power Generation up 5.4% on yr

China generated 569.8 TWh of electricity in March, up 5.4% from a year earlier, showed data from the National Bureau of Statistics (NBS) on April 17. The growth rate was 2.5 percentage points higher than in January-February, said the NBS, which typically publishes the data of January and February together to avoid impact of the Lunar New Year. Clean power generation...

China Shenhua posts 2.6 pct slide in 2018 profit

China coal
China Shenhua Energy Co., Ltd., the flagship of China Energy Investment Corporation or CHN Energy, registered a year-on-year drop of 2.6% in net profit to 43.867 billion yuan ($6.5 billion) last year, the company said in its annual report on March 23. Total revenue in 2018 grew 6.2% from a year ago to 264.101 billion yuan, the report said. China Shenhua,...

Coal Stocks at China’s Coastal Plants

China's top six coastal power utilities see declines in coal use, stocks China's six major coastal power utilities saw drops in both coal consumption and stocks, due mainly to decreased power consumption and adverse weather conditions. As of August 20, the six utilities' thermal coal stocks totaled 14.62 million tonnes, dipping below the 15-million-tonne mark for fifth straight day, showed data...

China’s hydropower growth outstrips thermal power in July

China's hydropower generation posted a faster year-on-year growth than thermal power in July thanks to plentiful rainfalls in the month, official figures showed, though share of thermal power remained the highest. The country generated 129.1 TWh of hydropower in July, rising by 6% from a year earlier and up by 21.22% from June, showed data from the National Bureau of...

Germany: Hard coal imports fall sharply

Seaborne hard coal trade and global coal production increased in 2017 - German coal imports decline sharply Only energy sector reduces German greenhouse gas emissions permanently – phasing out coal is not required Industry and transport will have to provide their own reduction in the future – a coal exit would not lower the commitments of these sectors ...

Bull Run for Asian Coal & Gas Markets

Thermal coal and gas prices have coursed into a bull run, propelled by particularly strong demand across Asia, where electricity consumption is surging thanks to healthy economic growth just as seasonal needs rise with the onset of summer. Spot thermal coal cargo prices for export from Australia's Newcastle terminal last settled at $117/t, the highest level since February 2012. That...

Thermal Coal Remains King

Hydropower production in China has now contracted on a year-on-year basis during each of the last two months due to lower than normal rainfall. The contraction in hydropower output has remained a positive element for China’s thermal coal demand prospects and has been one reason why Commodore has remained bullish for near-term coal import prospects. Also of note is...

China: output from Shanxi region up 1.4%

Northern China's Shanxi province produced 268.62 million tonnes of raw coal in the first four months, almost unchanged from a year ago, showed data from the province's statistical office. In January-April, the added value of the coal industry increased by 0.2% over the same period last year. In April, raw coal production totaled 74.11 million tonnes, up 1.4% year on year,...

Coal edges out natural gas in Europe

European gas prices have done whatever it takes to remain uncompetitive with coal in a bid to free up supply to add to storage. Prompt gas markets have stayed above key support levels, which have climbed with the recent rise in coal and emissions prices, as set out in a recent white paper. Dutch and German near-curve prices have remained in...

IMO 2020, a shipping regulation that may reshape global coal trade

By: Alex Younevitch, S&P Global Platts It is not uncommon for people in various commodity industries to believe that their markets exist in some kind of a happy bubble, where only the obvious supply and demand forces or targeted regulations can make or ruin their day. This often goes for the world of coal too. Shipping is a perfect example of a...

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China’s March Power Generation up 5.4% on yr

China generated 569.8 TWh of electricity in March, up 5.4% from a year earlier, showed data from the National Bureau of Statistics (NBS) on...
China coal

China Shenhua posts 2.6 pct slide in 2018 profit

China Shenhua Energy Co., Ltd., the flagship of China Energy Investment Corporation or CHN Energy, registered a year-on-year drop of 2.6% in net profit...

Coal Stocks at China’s Coastal Plants

China's top six coastal power utilities see declines in coal use, stocks China's six major coastal power utilities saw drops in both coal consumption and...