COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 01 July 21
END TO COAL POWER BROUGHT FORWARD TO OCTOBER 2024
Press Release: The deadline to phase out coal from Great Britain's energy system has been brought forward by a whole year, highlighting the UK’s leadership to go further in driving down emissions and tackling climate change.
 
From 1 October 2024 Great Britain will no longer use coal to generate electricity, a year earlier than planned, Energy and Climate Change Minister Anne-Marie Trevelyan announced yesterday (Wednesday 30 June 2021).
 
The move is part of ambitious government commitments to transition away from fossil fuels and decarbonise the power sector in order to eliminate contributions to climate change by 2050. Yesterday’s announcement confirms the intention set out by the Prime Minister last year to bring forward the deadline to end unabated coal-fired electricity generation.
 
This brings forward the deadline to phase out coal from Great Britain’s energy system by a whole year, highlighting the UK’s leadership to go further and faster in driving down emissions and lead by example in tackling climate change ahead of hosting the 2021 United Nations Climate Change Conference (COP26) summit in Glasgow this November. The UK is similarly calling on all nations to accelerate the phase out of coal power.
 
The UK government will introduce new legislation to do this at the earliest opportunity.
 
Coal is one of the most carbon intensive fossil fuels and responsible for harmful air pollution. By eliminating its use in electricity generation, the UK can make sure it plays a critical role in limiting global temperature rise to 1.5 degrees – a key aim of its COP26 presidency.
 
The UK has made huge progress in reducing the use of coal across the power sector, with coal accounting for only 1.8% of the UK’s electricity mix in 2020, compared with 40% almost decade ago.
 
The announcement comes ahead of Energy and Climate Change Minister Anne-Marie Trevelyan speaking at the Powering Past Coal Alliance (PPCA) Europe Roundtable yesterday on the importance of countries phasing out coal, and new members of the Alliance, as part of London Climate Action Week. The UK government has already ended its support for the fossil fuel energy sector overseas earlier this year.
 
Energy and Climate Change Minister Anne-Marie Trevelyan said:
 
• Coal powered the industrial revolution 200 years ago, but now is the time for radical action to completely eliminate this dirty fuel from our energy system.
 
• Today we’re sending a clear signal around the world that the UK is leading the way in consigning coal power to the history books and that we’re serious about decarbonising our power system so we can meet our ambitious, world-leading climate targets.
 
• The UK’s net zero future will be powered by renewables, and it is this technology that will drive the green industrial revolution and create new jobs across the country.
 
The UK went 5,000 hours without coal-fired electricity in 2020, and earlier this year broke a new wind power record, with just over a third of the country’s energy coming from wind. The rise in the use of renewables thanks to competition, free enterprise and government incentives to kick start new technologies has in turn helped to drive down the cost of green energy, with coal power now more expensive in most countries.
 
As one of the first countries to commit to ending coal power combined with its significant success in driving up renewables, the UK is leading the world in moving away from fossil fuels and significantly decarbonising its energy system.
 
Through its COP26 presidency, the UK government is urging nations to follow its example and abandon coal power for good. In May, under the UK’s leadership, G7 Climate and Environment Ministers agreed to end all new finance for coal power by the end of 2021 and to accelerate the transition away from unabated coal capacity and to an overwhelmingly decarbonised power system in the 2030s.
 
COP26 President-Designate, Alok Sharma, said:
 
• The next decade will be make, or break, for our planet and the most powerful way we can make a difference is to end our reliance on coal.
 
• Ahead of COP26, I hope the UK’s decisive step towards a cleaner, greener future sends a clear signal to friends around the world that clean power is the way forward. The impact of this step will be far greater if we can bring the world with us, and so our desire to support a clean and just energy transition is central to my discussions on the road to COP26.
 
A top priority of the UK COP26 Presidency is to accelerate the global transition from coal to clean energy. The UK government is asking governments to set coal phase out dates and end overseas coal investments, and has set up the Energy Transition Council to bring together partners to ensure that clean power is the most attractive option for developing countries and to support just transitions.
 
Additional information
 
Read the Impact Assessment published alongside the government’s consultation on bringing forward the date to end coal generated electricity. The assessment examined potential indirect impacts on coal mines from the phasing out of coal for electricity generation. The analysis indicated that setting a closure date of either 2025 or 2024 is unlikely to have a significant impact on the UK coal mining sector. This is predominantly due to the fact that coal mining in the UK has already been in decline in recent years, reflecting a competitive global market and falling domestic demand
 
On 18 September 2017, following a consultation in November 2016, the government confirmed that it would proceed with action to regulate the closure of unabated coal power generation units in Great Britain by 1 October 2025.
 
On 4 February 2020, the Prime Minister announced an intention to bring forward the deadline for phasing out unabated coal generation to 1 October 2024. The government ran a consultation from 14 December 2020 to 26 February 2021 seeking views on proposals to achieve this objective.
 
For the first time ever, in March this year coal-fired power plants did not participate in the four-year ahead Capacity Market auction, which secures the electricity capacity Great Britain needs to cope with peaks in demand in 2024 to 2025 at a low cost to consumers. Going forward, coal power plants will not be able participate in any future Capacity Market auctions due to the introduction of Emissions Limits to the Capacity Market.
 
This policy only applies to coal used to generate electricity. It does not apply to other coal consumers such as the steel industry, nor to domestic coal mines.
 
In 2020, the UK generated 43.1% of its electricity from renewable sources, including wind (24.2%), bioenergy (12.6%), solar (4.2%), and hydro (2.2%). Coal only consisted of 1.8 % of the year’s electricity generation, and nuclear generation made up a further 16.1%.
 
In 2012, coal accounted for 40% of the UK’s power generation, dropping dramatically to only 1.8% in 2020. Ending unabated coal generation in 2024 will mean that we will have reduced it from almost a third of our electricity supply to zero in the space of just 10 years.
Source: Department for Business, Energy & Industrial Strategy


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 09 July 21
CAN WE EXPECT AFFORDABLE POWER SUPPLY BY REPLACING COAL BASED POWER WITH LNG? - FINANCIAL EXPRESS
Bangladesh government’s recent decision to cancel the contracts for 10 coal fired power plants in late June 2021 has invited interest in the ...


Thursday, 08 July 21
STRONGEST HALF YEAR FOR SHIPPING MARKETS SINCE 2008 - CLARKSONS
A year on from peak trade disruption, we update our half year report for the shipping industry profiling a strong recovery and some exceptional ind ...


Tuesday, 06 July 21
INDONESIA COAL PRICE REFERENCE RISES TO 112 MONTHS HIGH IN JULY 2021; 121.15% HIGHER COMPARED TO THAT IN JULY 2020 PRICE
COALspot.com: The Indonesia coal price reference for July 2021 fixed at US$ 115.35 per ton FOB vessel.  The Indonesia coal price referenc ...


Tuesday, 06 July 21
INDONESIAN COAL EXPORTS FELL BY 37% YOY IN 1Q21 DUE TO ADVERSE WEATHER CONDITIONS - FITCH RATINGS
Chinese coal imports declined by 25% yoy in 5M21as a result of both restrictions on Australian coal and the high base in 2020. Import volume in Jan ...


Tuesday, 06 July 21
INDONESIAN 4,200 INDEX HAS ALSO INCREASED TO OVER USD50 PER TONNE SINCE MAY THIS YEAR REFLECTING STRONG CHINESE IMPORT DEMAND - FITCH RATINGS
Price Surge Since March APAC thermal coal has resumed its price surge since March this year. The  benchmark Newcastle 6,000kcal/kg grade c ...


   105 106 107 108 109   
Showing 531 to 535 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Binh Thuan Hamico - Vietnam
  • Asian Development Bank
  • Bukit Makmur.PT - Indonesia
  • Malabar Cements Ltd - India
  • GHCL Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • Thiess Contractors Indonesia
  • Ministry of Mines - Canada
  • Coal Orbis AG
  • Bank of America
  • Goldman Sachs - Singapore
  • Rudhra Energy - India
  • PetroVietnam Power Coal Import and Supply Company
  • Thailand Anthracite
  • Wood Mackenzie - Singapore
  • Karaikal Port Pvt Ltd - India
  • ING Bank NV - Singapore
  • Global Coal Blending Company Limited - Australia
  • Meenaskhi Energy Private Limited - India
  • Alfred C Toepfer International GmbH - Germany
  • Energy Development Corp, Philippines
  • Qatrana Cement - Jordan
  • Planning Commission, India
  • Edison Trading Spa - Italy
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Kobexindo Tractors - Indoneisa
  • NTPC Limited - India
  • Gupta Coal India Ltd
  • Africa Commodities Group - South Africa
  • UOB Asia (HK) Ltd
  • Banpu Public Company Limited - Thailand
  • Straits Asia Resources Limited - Singapore
  • Peabody Energy - USA
  • IBC Asia (S) Pte Ltd
  • Commonwealth Bank - Australia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • PLN - Indonesia
  • SMC Global Power, Philippines
  • Deutsche Bank - India
  • Kartika Selabumi Mining - Indonesia
  • U S Energy Resources
  • Meralco Power Generation, Philippines
  • Heidelberg Cement - Germany
  • Russian Coal LLC
  • Singapore Mercantile Exchange
  • Japan Coal Energy Center
  • Rashtriya Ispat Nigam Limited - India
  • TGV SRAAC LIMITED, India
  • Noble Europe Ltd - UK
  • Indonesia Power. PT
  • Rio Tinto Coal - Australia
  • Kobe Steel Ltd - Japan
  • CIMB Investment Bank - Malaysia
  • Inco-Indonesia
  • SUEK AG - Indonesia
  • Permata Bank - Indonesia
  • Maruti Cements - India
  • SGS (Thailand) Limited
  • Oldendorff Carriers - Singapore
  • Semirara Mining and Power Corporation, Philippines
  • Moodys - Singapore
  • Ernst & Young Pvt. Ltd.
  • Cement Manufacturers Association - India
  • Glencore India Pvt. Ltd
  • Indogreen Group - Indonesia
  • Maersk Broker
  • Directorate General of MIneral and Coal - Indonesia
  • Cosco
  • India Bulls Power Limited - India
  • Clarksons - UK
  • Indian Energy Exchange, India
  • London Commodity Brokers - England
  • Coeclerici Indonesia
  • Australian Coal Association
  • ICICI Bank Limited - India
  • Lanco Infratech Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • Semirara Mining Corp, Philippines
  • CCIC - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Bank of China, Malaysia
  • Central Electricity Authority - India
  • Infraline Energy - India
  • World Coal - UK
  • Vedanta Resources Plc - India
  • TRAFIGURA, South Korea
  • Sojitz Corporation - Japan
  • Sucofindo - Indonesia
  • Price Waterhouse Coopers - Russia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Salva Resources Pvt Ltd - India
  • Jaiprakash Power Ventures ltd
  • Barclays Capital - USA
  • Geoservices-GeoAssay Lab
  • Mintek Dendrill Indonesia
  • Tata Power - India
  • Simpson Spence & Young - Indonesia
  • Surastha Cement
  • Chamber of Mines of South Africa
  • ACC Limited - India
  • Indonesian Coal Mining Association
  • Petrosea - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Orica Mining Services - Indonesia
  • Panama Canal Authority
  • Energy Link Ltd, New Zealand
  • Enel Italy
  • Leighton Contractors Pty Ltd - Australia
  • Indo Tambangraya Megah - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Attock Cement Pakistan Limited
  • bp singapore
  • Miang Besar Coal Terminal - Indonesia
  • Indian Oil Corporation Limited
  • J M Baxi & Co - India
  • Coastal Gujarat Power Limited - India
  • Interocean Group of Companies - India
  • ASAPP Information Group - India
  • CoalTek, United States
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • SRK Consulting
  • World Bank
  • Mercuria Energy - Indonesia
  • JPMorgan - India
  • Kepco SPC Power Corporation, Philippines
  • Tamil Nadu electricity Board
  • Bulk Trading Sa - Switzerland
  • Indian School of Mines
  • JPower - Japan
  • Neyveli Lignite Corporation Ltd, - India
  • The State Trading Corporation of India Ltd
  • Xindia Steels Limited - India
  • Samtan Co., Ltd - South Korea
  • Mercator Lines Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Barasentosa Lestari - Indonesia
  • Sakthi Sugars Limited - India
  • Thriveni
  • Kapuas Tunggal Persada - Indonesia
  • Gresik Semen - Indonesia
  • Lafarge - France
  • Kideco Jaya Agung - Indonesia
  • Siam City Cement PLC, Thailand
  • EMO - The Netherlands
  • Aboitiz Power Corporation - Philippines
  • Asia Cement - Taiwan
  • Samsung - South Korea
  • Thai Mozambique Logistica
  • Ministry of Transport, Egypt
  • Gujarat Electricity Regulatory Commission - India
  • Bhatia International Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Cebu Energy, Philippines
  • Electricity Authority, New Zealand
  • Renaissance Capital - South Africa
  • Intertek Mineral Services - Indonesia
  • Mechel - Russia
  • Pendopo Energi Batubara - Indonesia
  • Ministry of Finance - Indonesia
  • Vale Mozambique
  • Altura Mining Limited, Indonesia
  • KOWEPO - South Korea
  • Inspectorate - India
  • Formosa Plastics Group - Taiwan
  • McKinsey & Co - India
  • RBS Sempra - UK
  • Mitsui
  • Standard Chartered Bank - UAE
  • Bangkok Bank PCL
  • GNFC Limited - India
  • Indorama - Singapore
  • Toyota Tsusho Corporation, Japan
  • Parry Sugars Refinery, India
  • PTC India Limited - India
  • Baramulti Group, Indonesia
  • APGENCO India
  • Videocon Industries ltd - India
  • Grasim Industreis Ltd - India
  • IOL Indonesia
  • GAC Shipping (India) Pvt Ltd
  • The University of Queensland
  • Ind-Barath Power Infra Limited - India
  • Parliament of New Zealand
  • HSBC - Hong Kong
  • Platts
  • Petrochimia International Co. Ltd.- Taiwan
  • Bharathi Cement Corporation - India
  • Central Java Power - Indonesia
  • Agrawal Coal Company - India
  • Cargill India Pvt Ltd
  • Deloitte Consulting - India
  • Borneo Indobara - Indonesia
  • Kumho Petrochemical, South Korea
  • DBS Bank - Singapore
  • globalCOAL - UK
  • Freeport Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Sindya Power Generating Company Private Ltd
  • Siam City Cement - Thailand
  • Bhoruka Overseas - Indonesia
  • Marubeni Corporation - India
  • Jindal Steel & Power Ltd - India
  • TNPL - India
  • Sical Logistics Limited - India
  • Argus Media - Singapore
  • Electricity Generating Authority of Thailand
  • SMG Consultants - Indonesia
  • The India Cements Ltd
  • Coalindo Energy - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • PLN Batubara - Indonesia
  • Mjunction Services Limited - India
  • TeaM Sual Corporation - Philippines
  • Platou - Singapore
  • Cemex - Philippines
  • Ceylon Electricity Board - Sri Lanka
  • WorleyParsons
  • White Energy Company Limited
  • Merrill Lynch Bank
  • Runge Indonesia
  • Romanian Commodities Exchange
  • Manunggal Multi Energi - Indonesia
  • SASOL - South Africa
  • MEC Coal - Indonesia
  • KPCL - India
  • Ambuja Cements Ltd - India
  • ANZ Bank - Australia
  • IMC Shipping - Singapore
  • Eastern Energy - Thailand
  • CNBM International Corporation - China
  • Thomson Reuters GRC
  • Gujarat Mineral Development Corp Ltd - India
  • Chettinad Cement Corporation Ltd - India
  • Georgia Ports Authority, United States
  • Global Green Power PLC Corporation, Philippines
  • Merrill Lynch Commodities Europe
  • Thermax Limited - India
  • Maybank - Singapore
  • Iligan Light & Power Inc, Philippines
  • Minerals Council of Australia
  • BRS Brokers - Singapore
  • Latin American Coal - Colombia
  • Kaltim Prima Coal - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Bhushan Steel Limited - India
  • Star Paper Mills Limited - India
  • Antam Resourcindo - Indonesia
  • Malco - India
  • Madhucon Powers Ltd - India
  • Bukit Baiduri Energy - Indonesia
  • Total Coal South Africa
  • Bangladesh Power Developement Board
  • BNP Paribas - Singapore
  • Carbofer General Trading SA - India
  • Humpuss - Indonesia
  • South Luzon Thermal Energy Corporation
  • Makarim & Taira - Indonesia
  • TANGEDCO India
  • Billiton Holdings Pty Ltd - Australia
  • Coal and Oil Company - UAE
  • Bukit Asam (Persero) Tbk - Indonesia
  • Orica Australia Pty. Ltd.
  • ETA - Dubai
  • Essar Steel Hazira Ltd - India
  • MS Steel International - UAE
  • Metalloyd Limited - United Kingdom
  • Posco Energy - South Korea
  • Mitsubishi Corporation
  • Vizag Seaport Private Limited - India
  • Adani Power Ltd - India
  • Coal India Limited
  • Pipit Mutiara Jaya. PT, Indonesia
  • Britmindo - Indonesia
  • Berau Coal - Indonesia
  • Jatenergy - Australia
  • Therma Luzon, Inc, Philippines
  • EIA - United States
  • Maharashtra Electricity Regulatory Commission - India
  • Eastern Coal Council - USA
  • Bayan Resources Tbk. - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Arutmin Indonesia
  • Arch Coal - USA
  • Reliance Power - India
  • Sinarmas Energy and Mining - Indonesia
  • Dalmia Cement Bharat India
  • Fearnleys - India
  • Shree Cement - India
  • Core Mineral Indonesia
  • San Jose City I Power Corp, Philippines
  • Gujarat Sidhee Cement - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • McConnell Dowell - Australia
  • Karbindo Abesyapradhi - Indoneisa
  • Vitol - Bahrain
  • PetroVietnam
  • Jorong Barutama Greston.PT - Indonesia
  • GVK Power & Infra Limited - India
  • Shenhua Group - China
  • Cigading International Bulk Terminal - Indonesia
  • The Treasury - Australian Government
  • Petron Corporation, Philippines
  • Independent Power Producers Association of India
  • Adaro Indonesia
  • PNOC Exploration Corporation - Philippines
  • Anglo American - United Kingdom
  • IHS Mccloskey Coal Group - USA
  • GMR Energy Limited - India
  • OCBC - Singapore
  • Vijayanagar Sugar Pvt Ltd - India
  • Australian Commodity Traders Exchange
  • CESC Limited - India
  • VISA Power Limited - India
  • Economic Council, Georgia
  • NALCO India
  • Medco Energi Mining Internasional
  • KEPCO - South Korea
  • New Zealand Coal & Carbon
  • AsiaOL BioFuels Corp., Philippines
  • Sarangani Energy Corporation, Philippines
  • Pinang Coal Indonesia
  • Xstrata Coal
  • Mitra SK Pvt Ltd - India
  • Cardiff University - UK
  • Timah Investasi Mineral - Indoneisa
  • Larsen & Toubro Limited - India
  • Coaltrans Conferences
  • Riau Bara Harum - Indonesia
  • IEA Clean Coal Centre - UK
  • Idemitsu - Japan
  • Savvy Resources Ltd - HongKong
  • Trasteel International SA, Italy
  • Aditya Birla Group - India
  • Kohat Cement Company Ltd. - Pakistan
  • UBS Singapore
  • Tata Chemicals Ltd - India
  • Globalindo Alam Lestari - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • KPMG - USA
  • Power Finance Corporation Ltd., India
  • PowerSource Philippines DevCo
  • Wilmar Investment Holdings
  • Global Business Power Corporation, Philippines
  • Ince & co LLP
  • Credit Suisse - India
  • Asmin Koalindo Tuhup - Indonesia
  • Uttam Galva Steels Limited - India
  • Tanito Harum - Indonesia
  • GB Group - China
  • Port Waratah Coal Services - Australia
  • SN Aboitiz Power Inc, Philippines
  • Directorate Of Revenue Intelligence - India
  • Indika Energy - Indonesia