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S&P Global Market Intelligence ($): Industry analysts told S&P Global Market Intelligence a projected cooler summer across much of the U.S. could challenge an already struggling coal industry by muting domestic utility demand for the commodity. Coupled with weakening European and Asian thermal coal pricing, a cooler summer resulting in lower energy demand could weigh […]
Greentech Media: Adverse economic conditions are driving coal out of European energy markets even faster than previously thought. The rout is so complete that by 2030 Germany looks to be the only major market in Northern, Western and Southern Europe still burning the black stuff, said Peter Osbaldstone, research director for Europe at Wood Mackenzie […]
Reuters: State-controlled French utility EDF will shut down its 580 megawatt (MW) Le Havre 4 coal-fired power plant in the spring of 2021, grid operator RTE said on Friday. The move is in line with a government decision to phase out France’s remaining coal-fired power plants to curb carbon emissions while boosting generation from renewables. […]
The Government of Canada is expected to rule by June 18 on whether the Trans Mountain Pipeline Expansion should move forward. In addition to possible legal challenges, the business case for the pipeline expansion continues to weaken. An updated financial analysis needs to be conducted before committing Canadian taxpayers to spending billions more on this […]
The Guardian: The federal government will have to reassess water infrastructure for Adani’s Carmichael coalmine after conceding in a legal challenge that was lodged with the federal court. The Australian Conservation Foundation has succeeded in its appeal against the government’s assessment of Adani’s north Galilee water scheme, with the federal government admitting it failed to […]
Bloomberg: Norway’s $1 trillion sovereign wealth fund is about to get the green-light to dump more than $13 billion in stocks linked to fossil fuels as well as a broad range of emerging-market bonds. With broad support, parliament will late on Wednesday approve a spate of changes, including a watered down plan to dump oil […]
S&P Global Market Intelligence ($): For the four weeks ending May 25, coal shipments averaged 13.9 million tons, modestly lower than the same period in 2018. Overall tonnage is back on track after a slow start to the quarter, driven by stable export markets and low fleet inventories. Compared to forecasts from earlier this year, […]
Platts: The UK government has proposed legislation to guarantee small-scale renewable energy generators get paid for exporting electricity to the national grid. From 2020 energy suppliers with more than 150,000 customers will have to offer at least one Smart Export Guarantee tariff to sub-5 MW generators using solar, wind, hydro, mini co-generation or anaerobic digestion […]
Reuters: South Africa’s government has failed to tackle high air pollution levels in an area which is home to coal-fired power stations and refineries, a lawsuit filed by environmental and community groups says. The case filed in the Pretoria High Court on Friday claims the government has violated the constitutional right to a healthy environment […]
Greentech Media: The utility’s latest integrated resource plan calls for 1,800 megawatts of solar and 920 megawatts of storage in its first five years. The Puerto Rico Electric Power Authority (PREPA) filed the latest edition of its 2019-2038 integrated resource plan late Friday. The report, prepared by Siemens, is a rework of a plan submitted […]
San Antonio Express-News: Despite efforts by the Trump administration to revive the U.S. coal industry, the nation’s appetite for coal continues its long decline. Last year domestic coal consumption fell to 687 million short tons, the lowest level since 1978, according to data released Monday by the Department of Energy. That comes amidst efforts by […]
Peabody Energy during the first quarter of the year quietly reduced the size of the workforce at Kayenta Mine in northeastern Arizona by 46 percent, from 339 miners to 182. In March, Peabody acknowledged publicly it had recently let go 40 Kayenta mine workers. The company has been silent beyond that announcement. The latest information […]
When a product is becoming obsolete, you don’t buy it. You look for alternative products that do the same job, or new innovations that help you stay relevant, up-to-date and competitive in a fast-changing world. Think fluoro to LED lighting, desktop to laptop computers, petrol to electric cars. Thermal coal and renewables – both used […]

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