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Russian thermal coal production to grow to 550 million mt per year by 2035: Putin
Russian thermal coal production is set to grow over 100 million mt by 2035, as the country looks to invest in new coal infrastructure and focus increasingly on the growing Asia-Pacific region, President Vladimir Putin said in a meeting with heads of coal mining regions last week.
read more... 28/08/2019
Daily (25.06.2019): The EUAs spiked by 4.2% to a one-month peak on Monday, amid technical buying and higher thermal generation
Oil prices diverged on Monday. Brent crude setlled 0.5% lower at $64.86 a barrel on returning concerns over a scarce crude demand, with traders awaiting the outcome of the G20 summit at the end of this week. Meanwhile, WTI futures rose by 0.8%, to $57.90 a barrel, as the prospect of tighter oil supply worsened after U.S. President Donald Trump imposed new sanctions on Iran in the context of ongoing fears of a military conflict between the U.S. and Iran. Expectations of extended oil output cuts from OPEC and its allies after their meetings on July 1-2 helped balance the market.
read more... 25/06/2019
Non-hydro renewables to reach 46% share in Italy’s power in 2030 - GlobalData
The share of thermal power in Italy's mix is expected to drop to 36.9% by 2030, while non-hydro renewables will rise to 45.8%, according to a report by GlobalData.
read more... 02/11/2018
Anglo American completes sale of South African thermal coal mine
A subsidiary of the diversified miner, Anglo American Inyosi Coal, sold its 73% in the New Largo coal project which included the New Largo thermal coal project and Old New Largo closed colliery, to New Largo Coal Proprietary.
read more... 06/08/2018
GE plans to build Poland's most efficient coal plant
GE Power and Elektrownia Ostroleka signed a contract to build Ostroleka C, an ultra-supercritical (USC) coal-fired thermal power plant in the northeast of Poland, GE announced on Thursday.
read more... 16/07/2018