Coal
2021, May, 17, 11:30:00
GERMANY'S COAL REFUSING
Until now, Germany had targeted net-zero emissions by 2050. It has now committed to becoming carbon-negative by that date, meaning taking more carbon out of the atmosphere than it puts in.
2021, May, 12, 13:00:00
OIL PRICES 2021-22: $65-61
EIA forecasts that Brent prices will average $65/b in the second quarter of 2021, $61/b during the second half of 2021, and $61/b in 2022.
2021, May, 5, 16:15:00
U.S. COAL EXPORTS UP
March coal exports were up 2.5% from 6.71 million mt in February and 9.7% higher than the year-ago month. It was the highest in a month since 7.01 million mt in September 2019.
2021, April, 23, 11:05:00
CHINA COAL WILL DOWN
"China has committed to move from carbon peak to carbon neutrality in a much shorter time span than what might take many developed countries, and that requires extraordinarily hard efforts from China,"
2021, April, 15, 13:10:00
CHINA'S CLEAN COAL
China said in its 2021-2025 five-year plan published in March that it would continue to promote the “clean and efficient use of coal”.
2021, April, 12, 10:00:00
JAPAN COAL WILL DOWN
The fifth strategic energy plan approved by the cabinet in July 2018 promotes conversion to high efficiency and next-generation coal-fired power generation in Japan in return for phasing out inefficient coal use.
2021, April, 12, 09:55:00
INDIA'S COAL RECORD
India has stockpiled a record 132 million tonnes of coal – enough to run India’s power plants for two months – greatly exceeding the average of the previous five years,
2021, April, 7, 10:35:00
OIL PRICES 2021-22: $65-60
EIA forecasts that Brent prices will average $65/b in the second quarter of 2021, $61/b during the second half of 2021, and $60/b in 2022.
2021, March, 29, 13:05:00
INDIA'S ENERGY CHANGES
The institutional framework in India attracts investments for its growing energy needs - private sector investments are allowed in coal mining, open up oil and gas retail markets.
2021, March, 25, 12:00:00
INDONESIA'S RENEWABLES UP BY 11.7 GW
Indonesia has a total capacity of 67 GW (end of 2019), distributed as follows: 52% coal, 27% gas, 10% oil, 8% hydroelectricity, and 3% geothermal.
2021, March, 22, 09:00:00
RUSSIA'S CLEAN COAL TECHNOLOGIES
The addition of copper salts reduces the content of unburnt carbon in ash residue by 3.1 times and CO content in the gaseous combustion products by 40%, the scientists found.
2021, March, 16, 12:45:00
GLOBAL COAL INVESTMENT $1 TLN
The thermal coal value chain still claimed nearly 4,500 institutional investors totaling $1 trillion in operations.
2021, March, 15, 10:25:00
VIETNAM NEED INVESTMENT $320 BLN
Vietnam will need about US$320bn to develop its power sector in 2021-2045,
2021, March, 10, 12:25:00
OIL PRICES 2021-22: $58-$59
Brent crude oil prices in the forecast average $58/b in the second half of 2021. Brent prices will average $59/b in 2022.
2021, March, 10, 12:15:00
CHINA'S NUCLEAR COAL
China announced its aim to increase its nuclear power capacity by 40% from 50 GW in 2020 to 70 GW in 2025. However, the 2021-2025 plan isn't expected to slow down the construction of new coal-fired power plants.