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Global coal demand set to remain stable through 2023, despite headwinds
While global coal demand looks set to rise for the second year in a row in 2018, it is forecast to remain stable over the next five years, as declines in Europe and North America are offset by strong growth in India and Southeast Asia, according to the International Energy Agency’s latest coal market report, Coal 2018.
read more... 18/12/2019
European coal power output sees ‘unprecedented’ decline
Steam rises from the brown coal-fired power plant Neurath (front-C) and Niederaussem (rear-L) operated by RWE in Bergheim, 04 December 2018. The Rhenish Brown Coal Field is Europe's largest carbon dioxide source.
read more... 26/11/2019
Mongolia exports 32.3 million tons of coal as of first ten months
Mongolia planned to export 42 million tons of coal in 2019. According to statistics of Mongolian General Customs Administration, Mongolia has exported 32.3 million tons of coal as of first ten months of 2019 which means there is a necessity to export 9.7 tons of coal in order to reach the goal. But the People’s Republic of China appears to maintain its coal import at 200-300 million tons so that the amount of coal export has a tendency to slow down in the last months of 2019 according to Bloomberg.
read more... 12/11/2019
EU coal power plants incurred €6.6 billion losses in 2019, study reveals
"Coal is no longer a profitable business. This is partly due to rising fuel costs, but also increasingly fierce competition from renewable energies. Low gas prices, in particular, are putting the coal business under pressure," Sriya Sundaresan, one of the study's authors, told EURACTIV.
read more... 28/10/2019
How Russia is keeping global coal producers on their toes
Life is set to get even more difficult for major coal exporters with Russia planning to increase shipments of the fuel and the cost advantages appearing increasingly stacked in its favour.
read more... 24/10/2019