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.
SPECIAL REPORT: Ryan Driskell Tate and Tiffany Means, Global Energy Monitor, USA, provide a survey of the world’s coal mining projects.
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.
According to the IEEFA, the number of financial institutions committed to coal divestment has doubled in three years.
Bruks Siwertell has completed the commissioning of two large scale Siwertell ST 790-D-type shipunloaders for a newly developed ultra-supercritical power station in southern China.
The Sibanthracite Group has received the ‘Best Supplier of Coal Products to China in 2021’ award in the Coal Mining Enterprises category.
The power crunch in China over the last few weeks has clearly shown the country’s heavy reliance on coal for power generation, with Wood Mackenzie believing that Chinese authorities could allow customs clearance of stranded Australian thermal coal.
ERG and NFC China are set to construct a 400 000 tpy special coke plant at Shubarkol Komir in Kazakhstan.
Research by SEforALL and CPI has highlighted that, despite the many challenges facing coal, funders continue to finance coal-fired generation capacity in South Asia and Sub-Saharan Africa.