The Adaro Blog
Japan's Marubeni to halve coal-fired power capacity by 2030
September 18, 2018, 3:09 pm
TOKYO (Reuters) - Japan’s Marubeni Corp said it would no longer start new coal-fired power plant projects and will halve its net coal power generating capacity of about 3 gigawatts (GW) by 2030 to cut greenhouse gas emissions and tackle global climate change.
“As a general principle,...
SouthAfrica's Eskom has coal shortages at 10 power plants - spokesman
September 17, 2018, 7:06 pm
JOHANNESBURG, Sept 17 (Reuters) - South African power utility Eskom said on Monday that it had fewer than 20 days of coal supplies at 10 of its 15 coal-fired power stations, posing a threat to national power supplies.
A company spokesman said a major supplier, owned by the Gupta family, had cut...
Coal is still king in 18 US states. But for how long?
September 14, 2018, 7:11 pm
Even though black gold has been in steep decline, it's still the most-used electricity generation source in 18 US states, according to government statistics published this week.
Not even natural gas, a rapidly growing and cleaner burning fuel, leads in that many states. The numbers...
US coal production totals 14.1 million st, down 9.4% on week: EIA
September 13, 2018, 7:08 pm
Houston — Weekly US coal production totaled an estimated 14.1 million st in the week ended September 8, down 9.4% from the prior week and down 5.4% from the year-ago week, US Energy Information Administration data showed Thursday.
The biggest drop in production in the most recently...
Why Asia needs a new thermal coal price benchmark
September 12, 2018, 7:06 pm
When analysts and investors talk about thermal coal they are usually referencing the price of high grade material shipped from Newcastle, a port on Australia’s east coast.
For years this product, which is burnt in power stations to generate electricity, had been viewed as benchmark for the...
UK expected to use coal for power in winter
September 11, 2018, 7:13 pm
London — Despite coal being a dirtier fuel in the UK power supply generation mix, it looks set to burn this winter regardless of the UK government's plans to phase out coal-fired plants by 2025, with two more coal power stations in Eggborough and Kilroot set to close down this...
Strong US high-vol demand boosts Atlantic metallurgical coal prices
September 10, 2018, 7:11 pm
Houston — Atlantic metallurgical coal spot markets saw strong demand for high-vol B lift values to catch up with earlier increases for high-vol A and US low-vol.
Apart from high-vol B purchases for Northwest Europe and Brazil, more spot demand was seen in Europe for October and Q4...
Commentary: India boosts purchases of Indonesian coal as prices drop
September 6, 2018, 8:21 pm
LAUNCESTON, Australia (Reuters) - One of the standout commodity performers this year has been thermal coal, but not all coal is created equal and disparities in pricing may help explain why India’s imports have stayed strong despite the higher costs.
The main benchmark for thermal coal in...
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