Latest news
Poland’s major coal producer postponed new power plant project
The EU’s first hard coal producer, Kompania Weglowa, has delayed the construction of its coal-fired power plant in 2020, with two years of delay. The 1000 MW power plant will cost about 5 billion Zloty (1.5 Billion dollars), and will burn between 2.5 and 3.5 million tons per year of hard coal producing roughly 5-7 TWh per year.
read more... 09/08/2012
Coal use continues to increase in Europe
The demand for coal surged 3.3% last year in Europe, while the coal imports from U.S. producers such as Arch Coal Inc. (ACI) has cut prices by 26% in a year.
read more... 09/07/2012
US share of coal in power generation declines in favor of gas
U.S. coal use is declining as utilities switch to cleaner and cheaper alternatives.
read more... 13/06/2012
China to cut its energy use by 21% by 2015
The Chinese Ministry of Industry and Information Technology (MIIT) announced that China envisages cutting its energy consumption by 21% by 2015 and closing inefficient companies in more than 10 industries because of overcapacity, high energy consumption, and pollution.
read more... 28/02/2012
Turkey to focus on coal and nuclear instead of cleaner power generation
While many European countries are moving towards a cleaner power generation, Turkey decided to turn to the traditional power generation methods, implying coal and nuclear.
read more... 09/02/2012