Coal
2022, November, 18, 11:15:00
U.S. ENERGY BLACKOUTS
The electric grids at most risk of supply shortfalls are in Texas, the central US system stretching from the Great Lakes to Louisiana, New England and the Carolinas, the North American Electric Reliability Council said in its seasonal assessment Thursday.
2022, November, 18, 11:05:00
INDONESIAN COAL INVESTMENT $20 BLN
The Indonesia Just Energy Transition Partnership (JETP), which will be financed over a period of 3 to 5 years, is also backed by Canada, Denmark, the EU, France, Italy, Germany, Norway and the UK.
2022, November, 11, 10:40:00
INDONESIA'S CLIMATE INVESTMENT $15 BLN
The US, Japan and other countries will offer a climate finance deal worth at least $15 billion to help Indonesia shift its coal-dominated power grid away from the polluting fossil fuel.
2022, November, 9, 11:00:00
OIL PRICES 2023: $94 - $98
Growth in OPEC and non-OPEC oil production—most notably production in the United States— keeps the Brent crude oil price in our forecast lower on an annual average basis in 2023 than in 2022. Brent crude oil price will begin rising in 2H23.
2022, October, 25, 14:35:00
RUSSIAN LNG, COAL FOR CHINA
Coking coal imports from Russia jumped to 2.5 million tons in September, from about 900,000 tons in the same month last year and 1.9 million tons in August, according to Chinese customs data.
2022, October, 19, 11:45:00
AUSTRALIA'S COAL RISKS
Going by big-ticket announcements of exits from coal in the last few weeks, sentiment in Australia is tilting toward those opposed to coal consumption, but market sources believe in the absence of replacement electricity generation sources, the closure of coal plants will inflate consumer power prices.
2022, October, 13, 12:50:00
OIL PRICES 2022-23: $93 - $95
The Brent crude oil spot price averages $93 per barrel (b) in the fourth quarter of 2022 (4Q22) and $95/b in 2023.
2022, October, 7, 10:10:00
S.KOREA NEED COAL
According to KEPCO, the cost for producing 1 kWh using LNG amounts to KRW170 (US$11c), compared with about KRW96 (US$7c) for coal.
2022, September, 15, 16:10:00
U.S. COAL, NUCLEAR CONVERSION
The possibility of replacing coal power plants with nuclear capacity is being actively explored in the USA and elsewhere.
2022, September, 9, 14:15:00
OIL PRICES 2022-23: $98 - $97
The Brent crude oil spot price averages $98 per barrel (b) in the fourth quarter of 2022 (4Q22) and $97/b in 2023.
2022, September, 6, 13:40:00
ASIA COAL PRICES UP
Newcastle futures for October jumped 5% to $463.75 a ton Monday, according to ICE Futures Europe, to the highest price in data stretching back to January 2016. Europe’s benchmark coal price is also trading at a record.
2022, September, 1, 14:20:00
EUROPEAN RENEWABLE SHUTDOWN
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.
2022, August, 23, 10:40:00
RUSSIAN ENERGY FOR CHINA UP
Russia is now China’s top supplier of the fuel, supplanting Indonesia after the Southeast Asian nation deterred buyers by raising prices.
2022, August, 12, 08:55:00
OIL PRICES 2022-23: $105 - $95
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.
2022, August, 9, 14:25:00
GERMAN COAL UP
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.