The Adaro Blog

Peabody Energy Rising, Coal Industry In Decline, What Is Going On?
December 20, 2017, 4:19 pm
Summary Peabody Energy, key supporter of Trump administration, attempts to force coal use to continue. Huge changes towards digital flexible power delivery (no inflexible base load coal, nuclear): cheaper and in tune with digital transformation across all industries. Peabody...
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Global coal consumption forecast to slow
December 18, 2017, 12:45 pm
Every major country in the world except India reduced its consumption of coal last year, with demand for the dirty fuel forecast to stagnate for the next half decade, according to official forecasts. The International Energy Agency said 5.3bn tonnes of coal equivalent were burnt in 2016, down...
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Indonesia's coal king stands firm amid clean-energy challenges
December 15, 2017, 4:02 pm
JAKARTA -- Garibaldi Thohir may be one of Indonesia's wealthiest men, but it is his younger brother that gets all the attention. The younger brother, Erick Thohir, became a household name since buying the Italian soccer club Inter Milan in 2013, and he has continued to attract attention with...
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South Korea may only switch one planned coal power plant to gas
December 11, 2017, 3:55 pm
SEOUL, Dec 8 (Reuters) - Only one of South Korea’s planned coal power plants is likely to be converted to gas, the country’s energy minister said on Friday, despite government efforts to switch four out of nine coal plants to boost gas power generation. South Korea is pursuing a...
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China does U-turn on coal ban to avert heating crisis
December 8, 2017, 11:38 am
China's government has allowed some northern cities to burn coal in a temporary policy U-turn, as the country faces a heating crisis. Beijing had banned the use of coal for heating this winter in an ambitious plan to reduce pollution. Recent winters had seen heavy smog blanket China's...
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China hit by gas shortages as it moves away from coal
December 4, 2017, 11:31 am
Gas-supply shortages are hitting north and central China as Beijing tries to accelerate a shift away from coal rather than miss environmental targets this year. The situation has left some residents — mainly urban migrants on neighbourhoods ringing the cities — without heat as...
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China underscores push toward longer term coal contracts
November 29, 2017, 11:27 am
BEIJING (Reuters) - China has again urged coal suppliers and buyers to sign more medium- and long-term contracts, amid robust demand for the fuel during the peak winter-heating season. The National Development and Reform Commission (NDRC) said in a document published on Wednesday that medium- to...
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India's North American coal imports may surge on domestic shortage
November 24, 2017, 11:23 am
NEW DELHI (Reuters) - India’s coal imports from North America are likely to surge as buyers are looking to boost purchases amid a domestic shortage of the fuel and a regional ban on petroleum coke, traders and cement company officials said.   Shipping data from Thomson Reuters showed...
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China iron ore rises with steel; coking coal hits two-month high
November 22, 2017, 11:16 am
MANILA (Reuters) - Chinese steel futures rose for a third straight session on Wednesday, supported by leaner supply and expectations that consumption in the world’s top user would recover when production cuts are lifted after winter. Prices of steelmaking raw materials iron ore and coking...
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Chinese company starts construction of Serbian coal-fired power plant
November 20, 2017, 11:10 am
BELGRADE, Nov 20 (Reuters) - A Chinese company started construction on Monday of a new 350-megawatt unit at Serbia’s second largest coal-fired power plant, the first new electricity capacity in the Balkan country in nearly 30 years. The $613 million project is part of a wider deal between...
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