Power

MetLife has become the first US life insurer to adopt a policy restricting coal investments.

In an interview with the Financial Times, Japan’s environment minister Shinjiro Koizumi has hailed a ‘turning point’ in his country’s climate change policy after vowing to slash its much-criticised support for coal power in the developing world.

Singapore-based Trust Energy Resources Pte Ltd, a subsidiary of Tata Power, has announced the sale of its three ships.

Advanced Emissions Solutions, Inc. has announced that Tinuum Group has sold its 49.9% interest in a refined coal project to a new third party investor.

The World Coal Association (WCA) Chief Executive, Michelle Manook, has welcomed the IEA Energy Technology Perspectives: Special Report on Clean Energy Innovation.

Rio Tinto, Turquoise Hill and the government of Mongolia have reached an agreement on the preferred domestic power solution for Oyu Tolgoi.

GlobalData has reported that coal-based electricity generation has fallen to its lowest level in the US, representing a 23.5% share in the generation mix.

Transparency Market Research has reported that the global mined anthracite coal market is expected to be driven by its increasing demand in from the steel manufacturers.

The global energy industry downturn at the hands of COVID-19 has not only hurt immediate revenues, but is also affecting national infrastructure and energy policy planning.

A recently Rystad Energy analysis, using Vietnam as an example, shows that gas resources around the world will see development delays, meaning coal may benefit as a result.

The World Coal Association (WCA) has recognised the challenges in developing recovery pathways and has welcomed the emphasis in the IEA’s Special Report on Sustainable Recovery.

US coal consumption has been declining since its peak in 2007 of 1.1 billion short t.

AECOM has announced the appointment of W. Troy Rudd to Chief Executive Officer.

BBC News has reported that Britain has just gone two months without burning coal to generate power.

The Siberian Coal Energy Company JSC (SUEK JSC) held its general annual shareholders meeting on 5 June 2020.