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China Coal Production Hits Record To Avoid Energy Crisis
China Coal Production Hits Record To Avoid Energy Crisis Many of us in the Western world are spending the most ever on electricity bills, forced to eat fake meat, and paying a lot more in taxes for green initiatives. At the same time, China ignores the green revolution by ramping up record coal production in […]
World’s Largest Coal Exporter Warns Of Energy Crunch, Imposes Export Ban
World’s Largest Coal Exporter Warns Of Energy Crunch, Imposes Export Ban Chinese coal futures rose on Tuesday on Indonesia’s export ban over the weekend. Indonesia is the largest exporter of dirty fossil fuel, stoking fears of supply woes as the Northern Hemisphere winter is underway. Bloomberg Intelligence notes ever since China suspended coal imports from […]
Global Coal Power Demand On Track For Record As Green Energy Transition Crumbles
Global Coal Power Demand On Track For Record As Green Energy Transition Crumbles There’s no question that the ‘greenification’ of the global economy has returned many industrial countries to coal in 2021. New data from the International Energy Agency (IEA) shows that the amount of electricity generated worldwide from coal is on track to hit a […]
Coal Demand Booms Under Biden As Prices Hit 2009 Levels
Coal Demand Booms Under Biden As Prices Hit 2009 Levels US coal is experiencing a massive boom under President Biden despite the administration trying to kill fossil fuels by touting net-zero goals at the COP26 climate conference in Glasgow. On Monday, S&P Global Market Intelligence released data that showed prices for coal from Central Appalachia jumped more […]
These Countries Are The Most Reliant On Coal
These Countries Are The Most Reliant On Coal Coal shortages are currently causing electricity supply problems in two major coal-using economies, India and China. As Statista’s Katharina Buchholz notes, shortages are happening because economic activity is picking up as coronavirus numbers have remained stable in most countries, while at the same time coal production is sinking due to weather […]
Green Policies Return the World to Coal
Green Policies Return the World to Coal There’s scarcely a place in the modern world that will not be feeling the high cost and discomfort of a shortage of energy supplies and their increasingly soaring prices. Lebanon already is. Due to a shortage of oil, the two power plants that supply 40% of that country’s electricity […]
Coal Generation In UK Jumps As Wind Speed Drops
Coal Generation In UK Jumps As Wind Speed Drops Coal met some 3 percent of the UK’s electricity demand on Friday morning, reaching its highest level of Britain’s power generation in one month, amid lower wind speeds this week and an outage at a gas-powered plant, Bloomberg reports. The last time the UK generated 3 percent […]
China Coal Prices Soar To Record As Winter Freeze Spreads Cross The Country
China Coal Prices Soar To Record As Winter Freeze Spreads Cross The Country One week ago we discussed why the “worst case” scenario for China’s property crisis is gradually emerging; to this we can now add that China’s worst case energy crisis scenario is also about to be unleashed as cold weather swept into much of the […]
China Coal Futures Hit Record High As Mines Flood; Worsening Power Shortages Hit Rust Belt
China Coal Futures Hit Record High As Mines Flood; Worsening Power Shortages Hit Rust Belt China’s top coal-producing region has been devastated by torrential rains and flooding this past week. About 9% of the coal mines in Shanxi province, an area responsible for producing 30% of China’s supply, have closed operations. The direct effect of […]
Energy Crisis May Unleash Winter Blackouts Across US, Insider Warns
Energy Crisis May Unleash Winter Blackouts Across US, Insider Warns The energy crisis that is rippling through Asia and Europe could unleash electricity shortages and blackouts in the U.S., according to Bloomberg. Ernie Thrasher, CEO of Xcoal Energy & Resources LLC., told energy research firm IHS Markit that U.S. utilities quickly turn to more coal because of soaring natural […]
Coal for Christmas
Coal for Christmas China’s Supply Chains in an Energy Crisis In mid-April 2021, I began receiving reports from sources in China and the United States that certain regions in China had begun to experience ongoing power disruptions at their warehouses and manufacturing facilities. Most notable of these was in south China’s Guangdong megaregion, where in […]
Europe Turns To Russia For More Coal As Energy Prices Skyrocket
Europe Turns To Russia For More Coal As Energy Prices Skyrocket Europe is facing a perfect storm of increasing demand for energy in the wake of the COVID-19 pandemic, and a dwindling supply of natural gas used to produce electricity. As Europe’s struggling energy markets look to import any form of affordable energy they can, […]
German Power Plant Halted After It Runs Out Of Coal
German Power Plant Halted After It Runs Out Of Coal In the history of the world, German electricity prices have never been higher… … and if what just happened at the Steag Bergkamen-A electric plant is any indication, they are about to get a whole lot higher. According to Bloomberg, the global energy crisis has forced […]
The World Won’t Buy Alberta’s Second-Rate Coal: Experts
The World Won’t Buy Alberta’s Second-Rate Coal: Experts What Kenney wants mined is such poor quality ‘it won’t make the cut’ for global markets, panel told. Alberta’s proposed coking coal projects are often compared to the Elk Valley mine in BC, but the amounts and quality aren’t at all the same, say two industry veterans. Photo […]
New South Wales’ coal fired power plants operating at close to rated capacity: winter 2021
New South Wales’ coal fired power plants operating at close to rated capacity: winter 2021 This article follows 2 earlier posts on power price spikes in May 2021 (Tomago alu smelter load shedding and Callide C4 explosion) It is easy enough to click on the following link of the National Electricity Market (NEM) to get the percentage […]
