US thermal coal exports extended gains in January

US thermal coal exports extended gains in January

Washington, 5 March (Argus) — US thermal coal exports rose for a third straight month in January on the strength of demand from some customers in Asia and Latin America. The US exported 2.5mn short tons (2.3mn metric tonnes) of steam coal during the month, up from 2.4mn st a year earlier, US Census Bureau […]

China Suffers Widespread Blackouts Amid Coal Supply Shortage

Provinces across China are reportedly grappling with crippling power shortages prompted by a surge in power demand from a stunning ramp up in industrial activity, an especially harsh winter, and tight coal supplies, which may be exacerbated by a ban on Australian coal.  Power shortages have been reported in Zhejiang province, an economic powerhouse in […]

A Giant New Coal-Fired Power Plant Rises in Japan

How does a utility make money in the midst of one of the worst hits to power demand in modern history? By burning a little coal. At least, that’s what Kyushu Electric Power Co. did. The utility in the southern Japanese island known for its beaches and active volcanoes surprised analysts Friday by beating forecasts […]

COVID-19 Could Cause A Boom In Coal Power

COVID-19 has not only impacted the energy industry’s revenues but also its infrastructure development. The delay of new natural gas facilities means that many countries, such as Vietnam, will have to rely on coal-generated power to make up the shortfall. The case study of Vietnam shows that these infrastructure delays will also lead to an […]

1 big thing: Coal’s global persistence…

Global coal consumption dipped by 0.6% in 2019, the fourth decline in six years, but the most carbon-intensive fuel remains by far the largest source of power generation in world, per BP’s latest global data review. Why it matters: Coal’s persistence in the global mix, even as it loses some ground, is among the major reasons why the […]

Efforts To Boost Coal Exports Progress

The House Revenue Committee went back and forth over a bill that looks to incentivize coal exports, voting 5 to 3 to move the bill forward. House Bill 231, Coal Severance Tax Exemption – Canadian and Mexican Ports, is one of three bills with the goal of boosting exports this session along with the Wyoming Coal Marketing […]

China to offer tariff exemptions on US coal product imports (Platts)

Singapore — China will offer tariff exemptions on several US imports, the China’s Ministry of Finance said Tuesday, that includes US-origin metallurgical coal and thermal coal, with traders are saying the move could benefit the latter more than met coal. According to the statement, China will not levy its 301 countermeasures against imported goods from […]

U.S. energy secretary hopes Mexico, Canada will help export American coal

WASHINGTON (Reuters) – U.S. Energy Secretary Dan Brouillette said on Friday that Canada and Mexico could help export U.S. coal to Asia to get around the blocking of shipments by West Coast states concerned about the impact of the fuel on climate change. Brouillette said he expects the two U.S. neighbors will offer opportunities to […]

Shifting seaborne coal demand challenges US

Atlantic basin thermal coal exports will continue to be challenged this year as western Europe moves away from coal-fired generation and imports. Industry executives speaking at the Coaltrans USA conference in Miami, Florida, last week painted a picture of shifting demand, ample supply and price disparities that seaborne market participants as a whole are grappling […]

Seaborne thermal coal trade to hit 1 bil mt in 2019 as new growth areas emerge

Ho Chi Minh — A tenuous supply and demand balance is expected in the global seaborne thermal coal market in 2020 as trade dynamics shift and new growth areas emerge, speakers at the CoalTrans Conference in Vietnam said Tuesday. Seaborne trade for thermal coal, the most widely used fuel for generating electricity, is expected to […]