A steady decline in European coal prices that has coincided with a tight gas market means that coal prices would have to rise by almost 80 USD/tonne in order to restore competitiveness to gas for power generation, Deutsche Bank said in a note.
read more... 25/01/2013
The Chinese government has announced, on Wednesday, that China will aim to limit total annual primary energy consumption to 8% a year from 2010 to 2015, as it seeks to improve efficiency and to decrease emissions of greenhouse gases and pollution. It intends also to limit installations of new-coal fired power plants while improving the share of renewables.
read more... 24/01/2013
The European Association for Coal and Lignite (EURACOAL), which is the umbrella organization of the European coal industry, has appointed Mr. Pawel Smolen as its new President.
read more... 22/01/2013
German utility RWE has launched a carbon capture pilot project at the 1,560MW Aberthaw coal and biomass-fired power plant in Wales.
read more... 18/01/2013
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