Entries by Wp_I-Energy
Coal to remain India’s main energy source in coming decades: Govt think-tank
Coal, which powers around three-quarters of India’s electricity, will continue to be the foremost energy source over the coming decades, government think-tank Niti Aayog said in its Three-Year Action Agenda released Thursday. It is important that India increases its domestic coal production to provide energy security and reduce its dependence on imports, it said. By […]
After China-induced price spike, coal set to resume long-term decline
Coal prices’ march to eight-month highs, driven by China’s huge appetite for power consumption, looks like an interlude in a longer-term decline and is seen losing traction later this year. Investors widely anticipate a slow demise for coal use due to policies encouraging cleaner natural gas and renewable energy generation, but the shorter-term outlook for […]
The world used less coal in 2016 than year before: BP
Worldwide demand for coal decreased in 2016, for the second year in a row. Humans used 53-million tonnes of coal less than in 2015, according to this year’s statistical review of energy provided by BP. It’s a decrease of 1.7 per cent. It is the second-straight year that coal demand has declined. It is also […]
There’s Way Less Coal Than We Thought
So it turns out global warming isn’t that bad after all. That’s exactly the conclusion Justin Ritchie doesn’t want the world to draw from the paper he just published. And for a good reason. It’s wrong. Ritchie, a Ph.D. candidate in resources and the environment at the University of British Columbia, was working as a […]
The Future of Coal – The economic prospects of advanced coal technologies have never seemed so promising.
Despite all of the attention given to wind and solar power, the development and deployment of advanced coal technologies may be far more important in shaping our energy future. Consider where world energy use and research is headed. Coal, and other fossil fuels, remain the backbone of the global energy system and will remain so […]
Coal blocks auction for commercial mining by December
India aims to auction coal blocks for commercial mining by end- December, coal secretary Susheel Kumar told television channel ET NOW on Thursday, a move that would end monopoly of state-run firms in coal mining. This could help the country to meet its target and produce 1 billion tonnes by 2020. Coal accounts for about […]
South Korean utilities fulfill plan to book US thermal coal cargoes
South Korean power generators are putting into action their stated plan to book more US thermal coal with approximately 1.5 million mt destined to arrive at Korean ports between July and September, said a market source Wednesday. All five Korean power utilities have purchased US thermal coal cargoes for Q3 delivery, and the specification of […]
Indian power utilities’ Apr 2016-Feb 2017 thermal coal imports fall 20% on year
Indian power utilities imported 60.38 million mt of thermal coal over April 2016-February 2017, down almost 20% year on year, according to data released by the Central Electricity Authority, seen by S&P Global Platts Tuesday. The April-February imports registered a growth of 10.8% month on month. Of the total quantity, 18.50 million mt was imported […]
Wind edges coal in Oklahoma for generation in 2016, EIA data says
Wind generation edged coal in Oklahoma for the first time in 2016 as natural gas remained the dominant fuel source for electricity, according to preliminary data from the federal Energy Information Administration. Natural gas accounted for 46.8 percent of the state’s electricity, with wind at 25.12 percent. Coal generation was 24.65 percent, while other sources […]
