Latest news
.jpg)
One coal unit at Britain's Ratcliffe power plant to close next year
One unit at Uniper’s 2 gigawatt Ratfcliffe coal plant in Britain will close next year, two years ahead of the full shut down of the facility, the company said on Wednesday.
read more... 05/08/2021
Hard coal needed to keep German lights on
German electricity generation volumes from hard coal rose by more than a third in the first six months of 2021, showing the energy source plays a vital role in keeping the lights on, importers group VDKi said on Wednesday.
read more... 29/07/2021
Daily (27.07.2021): EUAs surged by 4.5% on Monday amid strong demand for coal-fired power production in Europe and Asia
Crude oil futures diverged to trade rather flat on Monday amid mixed signals. Forecasts that crude supply will be tight the rest of the year provide little support, while the spread of the COVID-19 Delta variant stoked fears about fuel demand, limiting gains. Hence, Brent crude rose by 0.5% to settle at $74.50 a barrel, while U.S. WTI crude lost 0.2% to close at $ 71.91 a barrel.
read more... 27/07/2021
.jpg)
Japan's power plan will rattle coal, LNG exporters, especially Australia
Japan has been largely forgotten as a source of demand for energy commodities, overshadowed by the rapid rise of China, but the country’s new electricity generation targets will shake the market up.
read more... 23/07/2021
China to release more than 10 million tonnes of coal from reserves
China will release more than 10 million tonnes of coal from state reserves to ensure steady supply to the market, the state planner said in a statement on Thursday.
read more... 16/07/2021