Miscellaneous

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.
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 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.
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.
Backed by Chinese funding, Zambia and Zimbabwe are reviving coal projects in contrast to international energy sector trends.
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.
An independent study suggests that the Hail Creek mine may emit up to eight times more methane than reported in Glencore's official disclosures.
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 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.
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.
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.
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.
In the midst of prolonged tensions with Russia, Ukraine offers to provide free coal to Transnistria, a pro-Russian region of Moldova, to alleviate an energy crisis worsened by the cutoff of Russian gas supplies.
The Pokrovsk mine, Ukraine's sole coke producer, closes under Russian military pressure. This decision threatens the steel industry, the economy, and Ukraine's strategic logistics.
US Elections 2024: The Disappearance of "King Coal" from the Political Scene
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.
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.
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
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.
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.
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.
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.

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.
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.

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).
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.