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The consecutive decrease in coal-based electricity production in India in September 2024 reflects a major energy transition, supported by rapid growth in renewable energy and a reduction in energy demand.
The consecutive decrease in coal-based electricity production in India in September 2024 reflects a major energy transition, supported by rapid growth in renewable energy and a reduction in energy demand.
A report by the Transition Pathway Initiative (TPI) reveals that the majority of major banks continue to finance coal-related activities, thereby undermining their commitments to reduce greenhouse gas emissions.
A report by the Transition Pathway Initiative (TPI) reveals that the majority of major banks continue to finance coal-related activities, thereby undermining their commitments to reduce greenhouse gas emissions.
Russia intensifies its coal sales to India to meet growing energy demand, despite Western sanctions impacting its other energy exports.
Russia intensifies its coal sales to India to meet growing energy demand, despite Western sanctions impacting its other energy exports.
The dockworkers' strike on the U.S. East and Gulf Coasts, which began on October 1st, has not significantly raised thermal coal prices, despite logistical disruptions. This situation is mainly due to an existing oversupply and weak global demand. Key importers, such as India, are reducing their dependence on U.S. coal in favor of cheaper domestic alternatives like petroleum coke. According to the latest assessment by S&P Global Commodity Insights, the existing oversupply continues to weigh heavily on U.S. coal prices, limiting the potential impact of the strike.
The dockworkers' strike on the U.S. East and Gulf Coasts, which began on October 1st, has not significantly raised thermal coal prices, despite logistical disruptions. This situation is mainly due to an existing oversupply and weak global demand. Key importers, such as India, are reducing their dependence on U.S. coal in favor of cheaper domestic alternatives like petroleum coke. According to the latest assessment by S&P Global Commodity Insights, the existing oversupply continues to weigh heavily on U.S. coal prices, limiting the potential impact of the strike.
The closure of the UK's last coal-fired power plant marks a major shift in the country's energy strategy, aiming for carbon neutrality by 2050. The UK thus becomes the first G7 member to eliminate this energy source.
The closure of the UK's last coal-fired power plant marks a major shift in the country's energy strategy, aiming for carbon neutrality by 2050. The UK thus becomes the first G7 member to eliminate this energy source.
The Australian government is extending the operation of three coal mines, raising questions within the energy sector about the impact of this decision on climate commitments and the transition to renewable energies.
The Australian government is extending the operation of three coal mines, raising questions within the energy sector about the impact of this decision on climate commitments and the transition to renewable energies.
EDF abandons plans to convert the Cordemais power plant. Electricity production will cease in 2027, with major repercussions for employment and the region's energy balance.
EDF abandons plans to convert the Cordemais power plant. Electricity production will cease in 2027, with major repercussions for employment and the region's energy balance.
The thermal coal derivatives market rose by 4% in August, supported by volatile prices, mainly in Europe. Volumes reached 32.3 million metric tons, according to data from the London Energy Brokers Association (LEBA).
The thermal coal derivatives market rose by 4% in August, supported by volatile prices, mainly in Europe. Volumes reached 32.3 million metric tons, according to data from the London Energy Brokers Association (LEBA).
Enea, awaiting clarification on its coal assets and regulatory framework, postpones its dividend policy. The company expects to develop its renewable capacities rapidly, subject to secure financing.
Enea, awaiting clarification on its coal assets and regulatory framework, postpones its dividend policy. The company expects to develop its renewable capacities rapidly, subject to secure financing.
India is at a critical juncture, faced with growing energy demand and ambitious climate commitments. Increasing coal production is raising major concerns about methane emissions, threatening the country's environmental goals.
India is at a critical juncture, faced with growing energy demand and ambitious climate commitments. Increasing coal production is raising major concerns about methane emissions, threatening the country's environmental goals.