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

Sunday, 18 April 21
WORLDSTEEL RAISES 2021 STEEL DEMAND GROWTH FORECAST TO 5.8% - WORLDSTEEL
The World Steel Association (worldsteel) today released its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that steel demand wil ...


Sunday, 18 April 21
CHINA'S Q1 COAL OUTPUT RISES 16% ON STRONG DEMAND FOR WINTER HEATING - REUTERS
China’s coal output rose 16% in the first quarter from the same period last year, bolstered by strong demand for winter heating and robust in ...


Wednesday, 14 April 21
INDIA HAS A RECORD LEVEL OF STOCKPILED COAL DAMPENING NEED FOR NEW DOMESTIC MINES - IEEFA
Proposed coal mining expansions at odds with excess supply   India has stockpiled a record 132 million tonnes of coal – enough t ...


Wednesday, 14 April 21
BANGLADESH NEEDS A RENEWABLES FOCUS, NOT A SWITCH FROM 'COAL TO GAS' - IEEFA
Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations   The emerg ...


Wednesday, 14 April 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 1.10 PCT - XINHUA
China Taiyuan coal transaction price index stood at 138.05 points Monday, down 1.10 percent week on week.   The index, released by Chi ...


   118 119 120 121 122   
Showing 596 to 600 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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