Germany, which has the European Union’s biggest economy, and other countries intend restarting mothballed coal-fired power plants and extending the life of their nuclear power plants to reduce their reliance on Russian gas and coal following its invasion of Ukraine.

Russia is now China’s top supplier of the fuel, supplanting Indonesia after the Southeast Asian nation deterred buyers by raising prices.

The spot price of Brent crude oil averaged $71 per barrel (b) in 2021, and we forecast the Brent price will average $104/b in 2022 and $94/b in 2023.

Hard-coal output averaged 6.36 GW for Week 31 (Aug. 1-8), up 21% week-on-week, while gas fell 24% to 4.26 GW.

The Australian Nuclear Science and Technology Organisation has operated a nuclear research reactor at Lucas Heights for more than 60 years, but the use of nuclear power in Australia is currently prohibited by federal and state-level legislation.

Now the increase in Russian coal is pushing out US, South African, Australian, and some higher CV Indonesian coal.

India's coal based generation accounted for 69.9% of the country's overall electricity generation of 1,490.277 billion units in fiscal year 2021-22 (April-March), a growth of 9.5% from a year ago.

For the first five months of 2022, solar, wind, and other renewable energy sources provided 25.7% of U.S. electricity – more than either coal or nuclear power and up from 22.9% a year earlier.

The company boosted coal production by 6.2% to 300 million tons and increased sales to 390 million tons.

The transition to a renewable plus storage grid would require replacement of baseload coal generation and perhaps nuclear generation as well.

The proposal will be submitted to senior leaders, with a recommendation Beijing resume Australian imports prompted by fears European-led curbs on Russian energy will increase competition for coal from China’s main suppliers like Indonesia,

The spot price of Brent crude oil averaged $71 per barrel (b) in 2021, and we forecast the Brent price will average $104/b in 2022 and $94/b in 2023.

Many of our companies, including energy companies, are operating in Indonesia. There is interest in developing the national nuclear power industry.

Coal poured into the Antwerp-Rotterdam-Amsterdam region -- a huge transport hub for energy and commodities -- in the first half of this year

Обсуждалось строительство газовозов и танкеров-челноков. В частности, 15 газовозов запланированы к постройке на судоверфи «Звезда». В планах – строительство дополнительных судов для транспортировки продукции инвесторов по Севморпути.