Latest news
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
China's 2019 coal imports set to rise more than 10%: analysts
China, the world’s top coal buyer, is on track to boost imports of the fuel by more than 10% this year, traders and analysts said on Tuesday, countering earlier expectations that shipments would be capped by Beijing at the same level as 2018.
read more... 22/10/2019
Russia blocks coal supplies to Ukraine through Belarus
Ukrainian MP Mykhailo Volynets, who serves as the chairman of the Independent Trade Union of Miners of Ukraine, has said that Russia has begun blocking coal exports to Ukraine via Belarus, Kosatka Media has reported.
read more... 11/10/2019
Endesa to close entire Iberian coal fleet
Endesa plans to close all its Iberian coal-fired power stations, ending production from two of Spain's largest power stations, the 1.4 GW As Pontes and 1.1 GW Litoral de Almeria plants, it said late Friday.
read more... 01/10/2019