low-carbon future

Ireland exits coal permanently with closure of Moneypoint power plant
Ireland ends four decades of coal-based electricity production by converting its Moneypoint power plant to heavy fuel oil, now exclusively reserved for the balancing market until 2029.
China’s Coal Imports Fall by 18%, Affected by Low Domestic Prices
China's coal imports dropped 18% in May, driven by historically low domestic prices and significant growth in national production, shifting the country's energy market dynamics.

India’s coal-fired electricity generation drops 9.5% in May, steepest decline in five years

India’s unprecedented drop in power demand led to a sharp decline in coal-based generation in May, while renewable energy output reached a record high.
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China approves 11.29 GW of coal in Q1 despite unprecedented decline in 2024
Greenpeace data shows a renewed wave of coal projects in early 2025, as renewable capacity surpasses thermal energy for the first time.
Coal Lawsuit: BlackRock Warns on U.S. Energy Independence
Financial giant BlackRock highlights economic and strategic risks linked to an antitrust procedure backed by Washington, targeting major asset managers accused of conspiring to reduce coal production in the United States.

Adani Power invests $2bn in a 1,500 MW coal power plant in Uttar Pradesh

Adani Power will supply 1,500 MW to Uttar Pradesh through an ultra-supercritical coal power plant built under the DBFOO model, at a tariff of Rs 5.383 per unit.
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Australian coal mines emit 40% more methane than reported, according to EMBER and KAYRROS
A satellite analysis led by Ember and Kayrros shows that methane emissions from Australian mines are 40% higher than official reports, revealing significant gaps in the current coal sector monitoring.
Trump signs executive orders to ease coal industry regulations
Donald Trump issues several executive orders aimed at reducing regulations on the U.S. coal industry, addressing economic expectations from coal-producing states while securing national energy supply.

Zambia and Zimbabwe restart coal-fired power plants despite global decline

Backed by Chinese funding, Zambia and Zimbabwe are reviving coal projects in contrast to international energy sector trends.
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New coal-fired power plant additions fall to 20-year low
New coal-fired electricity capacity added in 2024 dropped to 44 GW, driven mainly by China and India, according to a report released on Thursday.
Finland: Helen ends coal use with closure of Salmisaari power plant
Finnish energy company Helen has halted operations at the Salmisaari plant, the country’s last coal facility, halving its carbon dioxide emissions in one year.

Glencore challenged over major discrepancies in methane emissions at Australian mine

An independent study suggests that the Hail Creek mine may emit up to eight times more methane than reported in Glencore's official disclosures.
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Eskom adds 800 MW to South Africa’s grid with Kusile Unit 6
Eskom has connected Unit 6 of the Kusile coal-fired power station, adding 800 MW to the national grid amid efforts to stabilise electricity supply in South Africa.
India Proposes the Creation of a Coal Exchange for the Domestic Market
The Indian government presents a project to create a coal exchange for the domestic market, a measure aimed at improving transparency and regulating the local coal market.

The United States withdraws from energy transition plan with South Africa

The United States has announced its withdrawal from the Just Energy Transition Partnership with South Africa, thereby reducing the country’s international financial commitments in its gradual exit from coal.
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Indonesia introduces a reference price to regulate its coal market from March 2025
Indonesia sets a floor price for coal to strengthen its control over domestic prices and influence international markets. This new strategy will take effect on March 1, 2025.
Indonesia: Growing Dependence on Coal Undermines Climate Commitments
Indonesia continues to strengthen its dependence on coal, jeopardizing its greenhouse gas emission reduction commitments. This paradox is highlighted in a recent report, emphasizing the tension between environmental goals and economic realities.

BHP Reports Strong Demand Despite Falling Mineral Prices

Australian mining giant BHP saw its net profit multiply fivefold, reaching $4.4 billion, despite an 8% drop in revenue. Sustained demand and signs of recovery in China strengthen its outlook.
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China starts new coal plants, jeopardizing its climate goals
In 2024, China began building new coal power plants, a decision that threatens its goal of reaching peak carbon emissions by 2030, according to a report published by the Centre for Research on Energy and Clean Air (Crea) and Global Energy Monitor (GEM).
Historic Reduction of Coal Share in Australia’s Energy Mix by End of 2024
By the end of 2024, coal's share in Australia's electricity generation dropped below 50%, a historic first, thanks to the surge in solar energy production.
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Global small-scale LNG market to reach $31.78bn by 2030
France: EDF and Marcegaglia conclude a ten-year electricity agreement in Fos-sur-Mer
BrightNight launches 300 MW solar plant in Arizona with Cordelio Power
Woodside completes sale of 40% stake in Louisiana LNG project to Stonepeak
Trianel deploys 900 MW battery to bolster German grid flexibility
The Canadian Dockworkers’ Strike Leaves Coal Exports from Westshore Terminals Unaffected
Despite the dockworkers' strike in British Columbia, coal shipments from Westshore Terminals continue without major disruptions, confirming the terminal's operational independence amid union blockades.
Liquidity Crisis for Russian Thermal Coal: Shortages and International Sanctions
Russian thermal coal exports are facing severe liquidity losses, exacerbated by logistical restrictions and rising costs, prompting buyers to turn to alternative sources.

US Elections 2024: The Disappearance of “King Coal” from the Political Scene

US Elections 2024: The Disappearance of "King Coal" from the Political Scene
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Chinese demand revives Australian raw coal exports
Australian coal producers reduce the processing of lower grades due to rising exports to China, while South Korean demand for higher grades declines.
France: Parliamentarians Oppose the Closure of the Cordemais Power Plant
Eight deputies and senators from Loire-Atlantique are calling on Emmanuel Macron to reverse the decision to close the Cordemais coal power plant by 2027, accusing the government of breaking its environmental commitments.

Significant Increase in Mongolian Coal Transport to China in October

The daily flow of coal from Mongolia to China rebounded in mid-October, leading to a notable increase in metallurgical coal stocks in the country.
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NextGen Purchases Carbon Credits from Alt Carbon in India
NextGen CDR signs agreement with Alt Carbon for the purchase of carbon sequestration credits in India, marking its first operation outside Europe and the United States.
In Donbass, Ukrainian Coal Miners: Guardians of Energy
In the heart of Donbass, Ukrainian miners continue to extract essential coal despite bombings. Their work, a true energy front, is crucial to maintaining Ukraine's electricity supply during wartime.

French Banks Continue Investing in Coal through 2023

French Banks Continue Investing in Coal through 2023
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China Hits Record Coal Imports in 2024
In September 2024, China imported a record volume of coal, driven by the decline in international prices and growing domestic demand, particularly in electricity production and the chemical industry.
HVO Seeks Short-Term Extension of Key Coal Mine Operations in Australia
The joint venture HVO, comprising Yancoal and Glencore, is seeking a temporary extension for its two main coal mines in New South Wales amidst concerns over greenhouse gas emissions.

South Africa: Complex Energy Transition after Komati’s Closure

The closure of the Komati coal plant, intended to become a flagship of the energy transition, has revealed the major challenges South Africa must overcome to achieve its decarbonation goals, particularly in terms of job reallocation and infrastructure.
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Decline in Coal-Based Electricity Production in India: An Energy Turning Point
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.
Major Banks Continue Financing Coal, Reveals Research Center
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.

Increase in Russian Coal Exports to India Amid Western Sanctions

Russia intensifies its coal sales to India to meet growing energy demand, despite Western sanctions impacting its other energy exports.
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U.S. Dockworkers Strike: Limited Impact on Coal Prices Despite Disruptions
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.
United Kingdom Shuts Down Its Last Coal-Fired Power Plant, a Strategic Shift for the Energy Sector
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.

Australia: Coal mine expansion threatens energy targets

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.
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EDF announces definitive shutdown of Cordemais coal-fired power plant by 2027
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.
European thermal coal derivatives up 4% in August
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).

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