Latest news
Coal to dominate the 2013 markets in China and Europe
According to the World Energy Council , China detained an estimated 128 billion short tons of recoverable coal reserves in 2011, the third-largest in the world after the United States and the Russian Federation, about 13% of the world's total coal reserves. Chinese coal production increased to over 3.8 billion short tons in 2011, making China world’s biggest coal producer.
read more... 04/01/2013
Ukrainian Naftogaz will receive 3.7 billion dollars loan from China
Ukraine’s national energy company Naftogaz will receive a $3.7 billion loan from China to finance a program to substitute natural gas with locally produced coal for a 19 year period.
read more... 27/12/2012
Coal generates 35% of UK’s electricity
Coal still plays an important role in UK’s electricity generation, as in the third quarter of this year, coal generated about 35 % of the UK's electricity, according to Government figures, at the same time as gas provided 28 %of electricity, and nuclear 22 %, while renewable accounted just under 12%.
read more... 21/12/2012
Over 1,000 new coal stations to be built worldwide
A study released by World Resources Institute (WRI) shows that more than 1,000 coal-fired power plants are planned to be built worldwide, despite numerous warnings from politicians, scientists and campaigners that carbon emissions could reach unprecedented heights within a few years.
read more... 20/11/2012
A hike in UK coal consumption may jeopardize the climate change targets
According to some data released by the Department of Energy and Climate Change, the rate of coal consumption in the UK thermal power generators remains at its highest levels since 2006, with the country thermal consumption at electricity generators up by 37% in comparison to the same period last year, up to 35.1 million metric tons.
read more... 29/10/2012