Latest news
Poland opens first coal mine in 25 years
The Bzie-Debina mine was built by Polish mining company JSW, the biggest producer of coking coal in the EU.
read more... 26/09/2019
Greece and Hungary to phase out coal by 2028 and 2030 respectively
Greece and Hungary have announced they plan to phase out coal-fired electricity generation by 2028 and 2030 respectively.
read more... 25/09/2019
Daily (20.09.2019): NBP spot fell by nearly 3% on Thursday, as low wind and reduced French power output boosted gas-for-power demand
Crude oil prices turned bullish on Thursday, as traders started to doubt whether Saudi Arabia will be able to fulfill its pledge to restore lost production by September 30 and its capacity by November 30 after last weekend’s attack. Geopolitical risks were the main driver in the price rise, as the market await further reactions from Saudi Arabia and the U.S., which strive at building a peaceful coalition rather than engaging in a military action. A weaker U.S. dollar also supported prices. Brent crude rose by 1.3% to 64.40 USD/bbl, while WTI futures were rather steady at 58.13 USD/bbl.
read more... 20/09/2019
Germany to start closing black coal plants in 2020 - draft law
Germany plans to shut down its first power plants that use black coal in 2020, a draft law seen by Reuters on Thursday showed, as part of a planned phase-out of coal by 2038 expected to cost at least 40 billion euros ($44 billion).
read more... 06/09/2019
Coal’s share of UK power generation drops to record low of 0.7%
The share of UK power generated by coal hit a record low of 0.7% between April and June.
read more... 30/08/2019