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

Friday, 04 June 21
NEW COAL-FIRED POWER PLANTS IN INDIA WILL BE ECONOMICALLY UNVIABLE - IEEFA
Coal capacity additions face major stranded asset risk Much of India’s 33 gigawatts (GW) of coal-fired power capacity currently under co ...


Thursday, 03 June 21
JUNE HBA IS HITTING ABOVE $100 AND SETTLED AT ITS HIGHEST SINCE OCTOBER 2020
COALspot.com: The Indonesia coal price reference for June 2021 settles at US$ 100.33 per ton FOB vessel.    The Indonesia coal pr ...


Wednesday, 02 June 21
INDONESIA RV WAS DOWN TO LOW/MID $20,000S DAY FOR PANAMAX/KAMSARMAX WITH DELIVERY S CHINA - BANCHERO COSTA
Panamax A softening week in the Pacific basin with rates under a downward pressure mainly caused by the oversupply of tonnage in the area, said ...


Wednesday, 02 June 21
EUROPEAN UNION'S IRON ORE IMPORTS - BANCHERO COSTA
The European Union (27) is currently the fourth largest importer of iron ore in the world, after China, Japan, and South Korea.   Euro ...


Tuesday, 01 June 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.02 PCT - XINHUA
China Taiyuan coal transaction price index stood at 160.06 points Monday, down 0.02 percent week on week.   The index, released by Chi ...


   111 112 113 114 115   
Showing 561 to 565 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 ...

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