India has also neglected its hydropower potential, which accounts for only around 13% of the country's total installed capacity.

India is bracing for another summer of grueling heat that’s likely to push power demand to a record and pressure the country’s grid, which relies on coal for about 70% of electricity generation.

The early retirement of approximately 150GW of coal generating facilities creates another issue for the plant owners, most of which are electric utilities.

Australia’s energy minister has ruled out a ban on new coal mines as part of the country’s overhaul of climate policy.

China's natural gas imports also fell, by 9.9% to 109.25 Mt in 2022 (121.26 Mt in 2021). LNG imports dropped by 19% to 64.13 Mt in 2022 (79.3 Mt in 2021). Similarly, China’s coal imports fell 9.2% to 293.2 Mt in 2022 (335 Mt in 2021).

The thermal coal volume traded between Mozambique and India for November and December has been comparable with volumes sourced from South Africa.

Russia is traditionally among the world’s top three coal exporters, though the industry accounts for just a sliver of the Russian economy.

The plant in the northeastern town of Saint-Avold indeed halted coal production as scheduled earlier this year — but not for long. This week, its workers were back at the controls, transporting coal from storage heaps and refiring furnaces, as part of emergency efforts to keep the heat and electricity on this winter.

Under this baseline scenario, coal would remain the largest source of energy in the country until 2030, with 11 new coal-fired power plants to be built, raising the coal-fired power capacity from over 21 GW in 2020 (nearly 24 GW in 2021) to 30 GW in 2025 and over 36 GW in 2030.

Oil imports from Russia rose 16% to 7.72 million tons last month, a volume topped only by Saudi Arabia, according to Chinese customs data.