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

Thursday, 01 July 21
WHY INDIA’S SOLAR POWER TARIFFS ARE CLIMBING AFTER HITTING RECORD LOWS LAST YEAR - IEEFA
What’s behind the recent increase?   Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2 ...


Thursday, 01 July 21
WHY BUILD 600 NEW UNPROFITABLE COAL PLANTS? - DEUTSCHE WELLE
Governments in Asia are planning 600 new coal plants that could lose investors $150 billion and derail efforts to limit temperature rise in line wi ...


Thursday, 01 July 21
FIVE ASIAN COUNTRIES ACCOUNT FOR 80% OF NEW COAL POWER INVESTMENT - THE GUARDIAN
Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new coal plants, according to a rep ...


Wednesday, 30 June 21
DELTA DUNIA MAKMUR RECORDED AN IMPROVED REVENUE IN Q1 2021; REVENUE INCREASED BY 49% QOQ TO US$160 MILLION ON THE BACK OF COAL PRICE RECOVERY
PT Delta Dunia Makmur Tbk. (“DOID”) released its consolidated financial and operating results that include its primary and wholly-owned ...


Wednesday, 30 June 21
BUMA SIGNED MINING AGREEMENT WITH ADARO
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into an agreement for the p ...


   106 107 108 109 110   
Showing 536 to 540 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 ...

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