Power

Global coal demand is set to remain broadly unchanged in both 2024 and 2025, according to the IEA’s latest update on coal market trends worldwide.

In a significant move towards environmental protection and resource utilisation, India’s Ministry of Coal is actively working to ensure the proper disposal and repurposing of fly ash generated by thermal power plants.

According to the latest report from IEEFA, evidence from China shows that LNG is unlikely to materially displace coal-fired power generation, despite often being hailed as a transition fuel.

Cornwall Insight has reported that the ongoing phase-out of coal facilities and the sluggish progress in launching new renewable energy projects is poised to push Australian electricity prices higher until 2030.

NTPC has set a target of 40 million t of coal production from its captive mines for the fiscal FY25.

As domestic consumption of US coal declines in the near term, the US Energy Information Administration expects exports to account for a larger share of total US coal consumption.

Germany’s energy system is not expected to fully retire coal until the end of 2038, according to new projections from Cornwall Insight.

FutureCoal welcomes COP28’s recognition of the role that abated coal and carbon capture technologies will play in lowering global emissions, but questions whether there is genuine acceptance of the multiple pathways to decarbonisation.

The latest IEA market report sees lower demand to 2026, based on current policies, but stronger actions are needed to drive a steeper decline towards meeting international climate goals.

According to a recent release from the EIA, US coal-related CO2 emissions decreased by 68 million t in 2022, while overall US energy-related CO2 emissions increased slightly.

According to a recent release from Rystad Energy, global coal-fired power generation is on track to peak in 2023, as new sources of renewable and low-carbon energy expand rapidly.

According to Seth Feaster, IEEFA, coal use at US power plants is continuing its downward spiral; with the full impact on mines to be felt in 2024.

According to the IEA’s new World Energy Outlook 2023, the phenomenal rise of clean energy technologies is reshaping how we power everything, from factories and vehicles to home appliances and heating systems.

The world’s first LNG-fuelled Panamax-class coal carrier, built by Nippon Yusen Kabushiki Kaisha (NYK) and Kyushu Electric Power Co., has been delivered.

According to the IEA, continued strong growth in Asian economies is offsetting declines in Europe and North America, maintaining coal demand at record levels in 2023.