COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 01 July 21
END TO COAL POWER BROUGHT FORWARD TO OCTOBER 2024
Press Release: The deadline to phase out coal from Great Britain's energy system has been brought forward by a whole year, highlighting the UK’s leadership to go further in driving down emissions and tackling climate change.
 
From 1 October 2024 Great Britain will no longer use coal to generate electricity, a year earlier than planned, Energy and Climate Change Minister Anne-Marie Trevelyan announced yesterday (Wednesday 30 June 2021).
 
The move is part of ambitious government commitments to transition away from fossil fuels and decarbonise the power sector in order to eliminate contributions to climate change by 2050. Yesterday’s announcement confirms the intention set out by the Prime Minister last year to bring forward the deadline to end unabated coal-fired electricity generation.
 
This brings forward the deadline to phase out coal from Great Britain’s energy system by a whole year, highlighting the UK’s leadership to go further and faster in driving down emissions and lead by example in tackling climate change ahead of hosting the 2021 United Nations Climate Change Conference (COP26) summit in Glasgow this November. The UK is similarly calling on all nations to accelerate the phase out of coal power.
 
The UK government will introduce new legislation to do this at the earliest opportunity.
 
Coal is one of the most carbon intensive fossil fuels and responsible for harmful air pollution. By eliminating its use in electricity generation, the UK can make sure it plays a critical role in limiting global temperature rise to 1.5 degrees – a key aim of its COP26 presidency.
 
The UK has made huge progress in reducing the use of coal across the power sector, with coal accounting for only 1.8% of the UK’s electricity mix in 2020, compared with 40% almost decade ago.
 
The announcement comes ahead of Energy and Climate Change Minister Anne-Marie Trevelyan speaking at the Powering Past Coal Alliance (PPCA) Europe Roundtable yesterday on the importance of countries phasing out coal, and new members of the Alliance, as part of London Climate Action Week. The UK government has already ended its support for the fossil fuel energy sector overseas earlier this year.
 
Energy and Climate Change Minister Anne-Marie Trevelyan said:
 
• Coal powered the industrial revolution 200 years ago, but now is the time for radical action to completely eliminate this dirty fuel from our energy system.
 
• Today we’re sending a clear signal around the world that the UK is leading the way in consigning coal power to the history books and that we’re serious about decarbonising our power system so we can meet our ambitious, world-leading climate targets.
 
• The UK’s net zero future will be powered by renewables, and it is this technology that will drive the green industrial revolution and create new jobs across the country.
 
The UK went 5,000 hours without coal-fired electricity in 2020, and earlier this year broke a new wind power record, with just over a third of the country’s energy coming from wind. The rise in the use of renewables thanks to competition, free enterprise and government incentives to kick start new technologies has in turn helped to drive down the cost of green energy, with coal power now more expensive in most countries.
 
As one of the first countries to commit to ending coal power combined with its significant success in driving up renewables, the UK is leading the world in moving away from fossil fuels and significantly decarbonising its energy system.
 
Through its COP26 presidency, the UK government is urging nations to follow its example and abandon coal power for good. In May, under the UK’s leadership, G7 Climate and Environment Ministers agreed to end all new finance for coal power by the end of 2021 and to accelerate the transition away from unabated coal capacity and to an overwhelmingly decarbonised power system in the 2030s.
 
COP26 President-Designate, Alok Sharma, said:
 
• The next decade will be make, or break, for our planet and the most powerful way we can make a difference is to end our reliance on coal.
 
• Ahead of COP26, I hope the UK’s decisive step towards a cleaner, greener future sends a clear signal to friends around the world that clean power is the way forward. The impact of this step will be far greater if we can bring the world with us, and so our desire to support a clean and just energy transition is central to my discussions on the road to COP26.
 
A top priority of the UK COP26 Presidency is to accelerate the global transition from coal to clean energy. The UK government is asking governments to set coal phase out dates and end overseas coal investments, and has set up the Energy Transition Council to bring together partners to ensure that clean power is the most attractive option for developing countries and to support just transitions.
 
Additional information
 
Read the Impact Assessment published alongside the government’s consultation on bringing forward the date to end coal generated electricity. The assessment examined potential indirect impacts on coal mines from the phasing out of coal for electricity generation. The analysis indicated that setting a closure date of either 2025 or 2024 is unlikely to have a significant impact on the UK coal mining sector. This is predominantly due to the fact that coal mining in the UK has already been in decline in recent years, reflecting a competitive global market and falling domestic demand
 
On 18 September 2017, following a consultation in November 2016, the government confirmed that it would proceed with action to regulate the closure of unabated coal power generation units in Great Britain by 1 October 2025.
 
On 4 February 2020, the Prime Minister announced an intention to bring forward the deadline for phasing out unabated coal generation to 1 October 2024. The government ran a consultation from 14 December 2020 to 26 February 2021 seeking views on proposals to achieve this objective.
 
For the first time ever, in March this year coal-fired power plants did not participate in the four-year ahead Capacity Market auction, which secures the electricity capacity Great Britain needs to cope with peaks in demand in 2024 to 2025 at a low cost to consumers. Going forward, coal power plants will not be able participate in any future Capacity Market auctions due to the introduction of Emissions Limits to the Capacity Market.
 
This policy only applies to coal used to generate electricity. It does not apply to other coal consumers such as the steel industry, nor to domestic coal mines.
 
In 2020, the UK generated 43.1% of its electricity from renewable sources, including wind (24.2%), bioenergy (12.6%), solar (4.2%), and hydro (2.2%). Coal only consisted of 1.8 % of the year’s electricity generation, and nuclear generation made up a further 16.1%.
 
In 2012, coal accounted for 40% of the UK’s power generation, dropping dramatically to only 1.8% in 2020. Ending unabated coal generation in 2024 will mean that we will have reduced it from almost a third of our electricity supply to zero in the space of just 10 years.
Source: Department for Business, Energy & Industrial Strategy


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 01 July 21
WHY INDIA’S SOLAR POWER TARIFFS ARE CLIMBING AFTER HITTING RECORD LOWS LAST YEAR - IEEFA
What’s behind the recent increase?   Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2 ...


Thursday, 01 July 21
WHY BUILD 600 NEW UNPROFITABLE COAL PLANTS? - DEUTSCHE WELLE
Governments in Asia are planning 600 new coal plants that could lose investors $150 billion and derail efforts to limit temperature rise in line wi ...


Thursday, 01 July 21
FIVE ASIAN COUNTRIES ACCOUNT FOR 80% OF NEW COAL POWER INVESTMENT - THE GUARDIAN
Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new coal plants, according to a rep ...


Wednesday, 30 June 21
DELTA DUNIA MAKMUR RECORDED AN IMPROVED REVENUE IN Q1 2021; REVENUE INCREASED BY 49% QOQ TO US$160 MILLION ON THE BACK OF COAL PRICE RECOVERY
PT Delta Dunia Makmur Tbk. (“DOID”) released its consolidated financial and operating results that include its primary and wholly-owned ...


Wednesday, 30 June 21
BUMA SIGNED MINING AGREEMENT WITH ADARO
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into an agreement for the p ...


   106 107 108 109 110   
Showing 536 to 540 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • GVK Power & Infra Limited - India
  • Xstrata Coal
  • Wood Mackenzie - Singapore
  • Mitsubishi Corporation
  • Cigading International Bulk Terminal - Indonesia
  • Deloitte Consulting - India
  • Chettinad Cement Corporation Ltd - India
  • globalCOAL - UK
  • SGS (Thailand) Limited
  • Coaltrans Conferences
  • Coastal Gujarat Power Limited - India
  • Vitol - Bahrain
  • Energy Link Ltd, New Zealand
  • ACC Limited - India
  • Port Waratah Coal Services - Australia
  • CESC Limited - India
  • RBS Sempra - UK
  • Commonwealth Bank - Australia
  • Freeport Indonesia
  • Kepco SPC Power Corporation, Philippines
  • MEC Coal - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Sindya Power Generating Company Private Ltd
  • Kohat Cement Company Ltd. - Pakistan
  • Gujarat Electricity Regulatory Commission - India
  • Indonesia Power. PT
  • Sakthi Sugars Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Bangkok Bank PCL
  • Inspectorate - India
  • White Energy Company Limited
  • Vale Mozambique
  • Adani Power Ltd - India
  • Australian Coal Association
  • Mitsui
  • Permata Bank - Indonesia
  • Ministry of Finance - Indonesia
  • Bangladesh Power Developement Board
  • U S Energy Resources
  • Adaro Indonesia
  • Gresik Semen - Indonesia
  • Price Waterhouse Coopers - Russia
  • Berau Coal - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Credit Suisse - India
  • Grasim Industreis Ltd - India
  • JPower - Japan
  • Gujarat Mineral Development Corp Ltd - India
  • SMC Global Power, Philippines
  • Barasentosa Lestari - Indonesia
  • Georgia Ports Authority, United States
  • IMC Shipping - Singapore
  • Indian School of Mines
  • SMG Consultants - Indonesia
  • Indian Oil Corporation Limited
  • SN Aboitiz Power Inc, Philippines
  • The India Cements Ltd
  • Antam Resourcindo - Indonesia
  • Trasteel International SA, Italy
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Romanian Commodities Exchange
  • Cosco
  • Gupta Coal India Ltd
  • Goldman Sachs - Singapore
  • GAC Shipping (India) Pvt Ltd
  • Geoservices-GeoAssay Lab
  • Malco - India
  • Arutmin Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Australian Commodity Traders Exchange
  • ETA - Dubai
  • Coeclerici Indonesia
  • Manunggal Multi Energi - Indonesia
  • Standard Chartered Bank - UAE
  • Bhoruka Overseas - Indonesia
  • Mercuria Energy - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • ASAPP Information Group - India
  • ING Bank NV - Singapore
  • NTPC Limited - India
  • IHS Mccloskey Coal Group - USA
  • Kobexindo Tractors - Indoneisa
  • Iligan Light & Power Inc, Philippines
  • Bukit Asam (Persero) Tbk - Indonesia
  • Coal Orbis AG
  • Arch Coal - USA
  • Asmin Koalindo Tuhup - Indonesia
  • IOL Indonesia
  • Africa Commodities Group - South Africa
  • Economic Council, Georgia
  • LBH Netherlands Bv - Netherlands
  • Wilmar Investment Holdings
  • Jaiprakash Power Ventures ltd
  • Moodys - Singapore
  • Semirara Mining and Power Corporation, Philippines
  • International Coal Ventures Pvt Ltd - India
  • Bukit Makmur.PT - Indonesia
  • Gujarat Sidhee Cement - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Barclays Capital - USA
  • EIA - United States
  • Asian Development Bank
  • WorleyParsons
  • Aditya Birla Group - India
  • South Luzon Thermal Energy Corporation
  • Surastha Cement
  • TGV SRAAC LIMITED, India
  • Kobe Steel Ltd - Japan
  • PNOC Exploration Corporation - Philippines
  • Singapore Mercantile Exchange
  • Lanco Infratech Ltd - India
  • Directorate General of MIneral and Coal - Indonesia
  • Lafarge - France
  • Mjunction Services Limited - India
  • London Commodity Brokers - England
  • Holcim Trading Pte Ltd - Singapore
  • Vijayanagar Sugar Pvt Ltd - India
  • Globalindo Alam Lestari - Indonesia
  • Ambuja Cements Ltd - India
  • Shree Cement - India
  • Eastern Coal Council - USA
  • UOB Asia (HK) Ltd
  • Siam City Cement PLC, Thailand
  • Toyota Tsusho Corporation, Japan
  • Indika Energy - Indonesia
  • Bhatia International Limited - India
  • TeaM Sual Corporation - Philippines
  • Directorate Of Revenue Intelligence - India
  • PowerSource Philippines DevCo
  • Petron Corporation, Philippines
  • Kartika Selabumi Mining - Indonesia
  • Simpson Spence & Young - Indonesia
  • Qatrana Cement - Jordan
  • KPCL - India
  • TANGEDCO India
  • Energy Development Corp, Philippines
  • Uttam Galva Steels Limited - India
  • PetroVietnam
  • Leighton Contractors Pty Ltd - Australia
  • Agrawal Coal Company - India
  • Cebu Energy, Philippines
  • Ince & co LLP
  • Britmindo - Indonesia
  • San Jose City I Power Corp, Philippines
  • Thai Mozambique Logistica
  • Karaikal Port Pvt Ltd - India
  • Deutsche Bank - India
  • Shenhua Group - China
  • Metalloyd Limited - United Kingdom
  • Asia Cement - Taiwan
  • ICICI Bank Limited - India
  • Merrill Lynch Commodities Europe
  • Indogreen Group - Indonesia
  • Bank of China, Malaysia
  • Jindal Steel & Power Ltd - India
  • Platts
  • Makarim & Taira - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Minerals Council of Australia
  • Star Paper Mills Limited - India
  • CCIC - Indonesia
  • DBS Bank - Singapore
  • Alfred C Toepfer International GmbH - Germany
  • Maruti Cements - India
  • APGENCO India
  • Inco-Indonesia
  • Kaltim Prima Coal - Indonesia
  • Bulk Trading Sa - Switzerland
  • VISA Power Limited - India
  • KOWEPO - South Korea
  • Sojitz Corporation - Japan
  • Idemitsu - Japan
  • Cargill India Pvt Ltd
  • Pendopo Energi Batubara - Indonesia
  • Xindia Steels Limited - India
  • Medco Energi Mining Internasional
  • Power Finance Corporation Ltd., India
  • Merrill Lynch Bank
  • Aboitiz Power Corporation - Philippines
  • Mitra SK Pvt Ltd - India
  • PLN - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Global Coal Blending Company Limited - Australia
  • The University of Queensland
  • BRS Brokers - Singapore
  • Mercator Lines Limited - India
  • CNBM International Corporation - China
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • SASOL - South Africa
  • GN Power Mariveles Coal Plant, Philippines
  • Heidelberg Cement - Germany
  • Argus Media - Singapore
  • Thriveni
  • Renaissance Capital - South Africa
  • Indorama - Singapore
  • Electricity Authority, New Zealand
  • Vedanta Resources Plc - India
  • Kalimantan Lumbung Energi - Indonesia
  • Core Mineral Indonesia
  • Maersk Broker
  • Russian Coal LLC
  • GNFC Limited - India
  • Runge Indonesia
  • Glencore India Pvt. Ltd
  • MS Steel International - UAE
  • TRAFIGURA, South Korea
  • Indian Energy Exchange, India
  • Banpu Public Company Limited - Thailand
  • Carbofer General Trading SA - India
  • PTC India Limited - India
  • Orica Mining Services - Indonesia
  • Eastern Energy - Thailand
  • KPMG - USA
  • Japan Coal Energy Center
  • Anglo American - United Kingdom
  • Oldendorff Carriers - Singapore
  • Vizag Seaport Private Limited - India
  • Pinang Coal Indonesia
  • Marubeni Corporation - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Infraline Energy - India
  • The State Trading Corporation of India Ltd
  • Maharashtra Electricity Regulatory Commission - India
  • Thomson Reuters GRC
  • Videocon Industries ltd - India
  • PLN Batubara - Indonesia
  • Interocean Group of Companies - India
  • Parry Sugars Refinery, India
  • Bukit Baiduri Energy - Indonesia
  • Coal India Limited
  • Rashtriya Ispat Nigam Limited - India
  • Clarksons - UK
  • NALCO India
  • Sical Logistics Limited - India
  • GHCL Limited - India
  • KEPCO - South Korea
  • World Coal - UK
  • Larsen & Toubro Limited - India
  • Rio Tinto Coal - Australia
  • European Bulk Services B.V. - Netherlands
  • Thermax Limited - India
  • Cement Manufacturers Association - India
  • Reliance Power - India
  • ANZ Bank - Australia
  • Formosa Plastics Group - Taiwan
  • Electricity Generating Authority of Thailand
  • Ernst & Young Pvt. Ltd.
  • Kideco Jaya Agung - Indonesia
  • McKinsey & Co - India
  • Meenaskhi Energy Private Limited - India
  • bp singapore
  • Madhucon Powers Ltd - India
  • The Treasury - Australian Government
  • EMO - The Netherlands
  • JPMorgan - India
  • Global Business Power Corporation, Philippines
  • Sinarmas Energy and Mining - Indonesia
  • Rudhra Energy - India
  • Miang Besar Coal Terminal - Indonesia
  • Central Java Power - Indonesia
  • Coalindo Energy - Indonesia
  • Mintek Dendrill Indonesia
  • TNPL - India
  • Jatenergy - Australia
  • Ind-Barath Power Infra Limited - India
  • Samsung - South Korea
  • SRK Consulting
  • Essar Steel Hazira Ltd - India
  • Bank of America
  • World Bank
  • Enel Italy
  • Ministry of Transport, Egypt
  • Maybank - Singapore
  • AsiaOL BioFuels Corp., Philippines
  • Humpuss - Indonesia
  • Fearnleys - India
  • Parliament of New Zealand
  • Meralco Power Generation, Philippines
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Platou - Singapore
  • UBS Singapore
  • Kapuas Tunggal Persada - Indonesia
  • Latin American Coal - Colombia
  • Kumho Petrochemical, South Korea
  • Cardiff University - UK
  • Noble Europe Ltd - UK
  • Attock Cement Pakistan Limited
  • PetroVietnam Power Coal Import and Supply Company
  • Savvy Resources Ltd - HongKong
  • Chamber of Mines of South Africa
  • Central Electricity Authority - India
  • Tata Power - India
  • GB Group - China
  • Intertek Mineral Services - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Maheswari Brothers Coal Limited - India
  • Dalmia Cement Bharat India
  • Panama Canal Authority
  • Neyveli Lignite Corporation Ltd, - India
  • Mechel - Russia
  • Borneo Indobara - Indonesia
  • Cemex - Philippines
  • India Bulls Power Limited - India
  • Sree Jayajothi Cements Limited - India
  • Coal and Oil Company - UAE
  • Total Coal South Africa
  • OCBC - Singapore
  • Riau Bara Harum - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Ministry of Mines - Canada
  • J M Baxi & Co - India
  • Independent Power Producers Association of India
  • Edison Trading Spa - Italy
  • Salva Resources Pvt Ltd - India
  • Sucofindo - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Therma Luzon, Inc, Philippines
  • Planning Commission, India
  • Petrosea - Indonesia
  • McConnell Dowell - Australia
  • Thailand Anthracite
  • Baramulti Group, Indonesia
  • Tamil Nadu electricity Board
  • Tanito Harum - Indonesia
  • Bhushan Steel Limited - India
  • BNP Paribas - Singapore
  • TNB Fuel Sdn Bhd - Malaysia
  • New Zealand Coal & Carbon
  • CIMB Investment Bank - Malaysia
  • Altura Mining Limited, Indonesia
  • Sarangani Energy Corporation, Philippines
  • SUEK AG - Indonesia
  • Indonesian Coal Mining Association
  • Orica Australia Pty. Ltd.
  • Malabar Cements Ltd - India
  • Global Green Power PLC Corporation, Philippines
  • Billiton Holdings Pty Ltd - Australia
  • Posco Energy - South Korea
  • Samtan Co., Ltd - South Korea
  • GMR Energy Limited - India
  • IBC Asia (S) Pte Ltd
  • IEA Clean Coal Centre - UK
  • Bharathi Cement Corporation - India
  • Karbindo Abesyapradhi - Indoneisa
  • Timah Investasi Mineral - Indoneisa
  • Siam City Cement - Thailand
  • CoalTek, United States
  • Peabody Energy - USA
  • Tata Chemicals Ltd - India
  • Thiess Contractors Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Semirara Mining Corp, Philippines
  • HSBC - Hong Kong