Peabody Energy has signed two agreements to develop clean coal in China. The first will see the development of a 2000 MW supercritical power plant substitute natural gas facility; the second, the development of a green coal energy campus including a 1200 MW power plant that will capture CO2 and convert it into green building materials.
The Indonesian Government has announced it intends to ban exports of low-quality coal, starting in 2014. Coal with an energy value of less than 5600 kCal/kg will no longer be exported.
The BP Energy Outlook 2030 is the first of BP’s forward looking analyses to be published after 60 years of producing definitive historical data in the BP Statistical Review of World Energy.