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European natural gas, coal generation margins under pressure from rising fuel, CO2 prices
Senin, 14 Mei 2018 / 18:05 WIB
European gas- and coal-fired power generation margins have come under strong pressure as outright power prices trail behind a rising fuel complex and rallying EUA carbon allowances. In Germany, the front-year clean dark spread (CDS) for a modern coal plant (45% efficiency) has fallen below...
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Asia coal industry sees blue skies, ignores storm clouds: Russell
Kamis, 10 Mei 2018 / 10:19 WIB
NUSA DUA, Indonesia (Reuters) - Asia’s coal miners, shippers and traders are seeing strong demand and rising prices for their fuel, and they expect this happy situation to persist for several years to come. It was a challenge to find anybody pessimistic about the outlook for coal in Asia,...
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Indonesia sees coal output flat in 2019 amid equipment shortage
Senin, 07 Mei 2018 / 16:50 WIB
NUSA DUA, Indonesia, May 7 (Reuters) - Indonesia is targeting annual production of 481 million tonnes of coal this year and next, a mining ministry official said on Monday, as producers of the fuel are struggling to get new heavy equipment and parts. That’s up around 4 percent from the 461...
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Glencore completes Aussie coal deal
Jumat, 04 Mei 2018 / 18:17 WIB
Glencore has wrapped up the purchase of a stake in a large Australian thermal mine Australia, underscoring its position as the world’s biggest exporter of the fossil fuel. The London-listed company on Friday said it had received the regulatory approvals needed to complete the acquisition...
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Two U.S. coal miners see growth amid sector's gloom
Rabu, 02 Mei 2018 / 18:30 WIB
U.S. electric utilities are expected to shut hundreds more of their coal-fired power generators in the coming years, extending a long trend away from coal and toward natural gas that has cast a pall over the mining industry. But not every U.S. coal company sees a bleak future. Ramaco...
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Indonesian coal miners report healthy Q1 average selling price amid China demand
Senin, 30 April 2018 / 11:00 WIB
Indonesian coal miners reported higher average selling prices in the first quarter of 2018, supported by strong Chinese demand and weather-related supply disruptions. Rains have been impacting production at various producing regions in Indonesia over the past few quarters. However, miners were...
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Strong Asian demand continues to hold up thermal coal markets
Jumat, 27 April 2018 / 11:11 WIB
LONDON/SINGAPORE (Reuters) - Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding not far off $100 a tonne despite the onset of the usual lull at this time of year. Benchmark Australian thermal coal...
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UK runs without coal power for three days in a row
Selasa, 24 April 2018 / 11:20 WIB
The UK has been powered without coal for three days in a row, setting a new record and underlining the polluting fuel’s rapid decline. Coal has historically been at the cornerstone of the UK’s electricity mix, but last year saw the first 24-hour period that the the country ran...
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Coal use will drastically decline in the next 30 years, the World Bank predicts
Senin, 02 April 2018 / 11:25 WIB
The world's reliance on energy sources like oil and coal, some of the main culprits behind pollution, is dwindling, according to the World Bank. "The model has been coal plus renewables, the model can be gas plus renewables. I think 10, 12 years from now, we will see renewables and...
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CORRECTED-China's 2017 coal consumption rose after three-year decline, clean energy portion up
Rabu, 28 Februari 2018 / 17:02 WIB
BEIJING, Feb 28 (Reuters) - China’s coal consumption last year picked up for the first time since 2013, the National Bureau of Statistics said on Wednesday, despite Beijing’s push to promote less-polluting energy sources. The world’s biggest coal consumer used 0.4 percent more...
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