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Friday, 19 January 24
CHINA'S 2023 COAL OUTPUT HITS RECORD HIGH - REUTERS
China’s coal output reached a record high in 2023, data from the statistics bureau showed on Wednesday, amid an ongoing focus on energy security and a rise in demand after pandemic-related restrictions eased.
 
The world’s biggest coal producer mined 4.66 billion metric tons of the fuel last year, up 2.9% from a year earlier, according to the National Bureau of Statistics.
 
For December, output reached 414.31 million tons, nearly flat with November’s 414 million tons and up 1.9% from the year-earlier level.
 
Daily output over the month was 13.36 million tons, slipping from November’s record high daily average of 13.8 million tons.
 
The country’s overall power generation, which is dominated by coal-fired plants, rose 8% year-on-year in December.
 
Analysts are predicting another modest coal production increase in 2024. The rate of growth has slowed over the past year, following an energy security push that drove a ramp-up of output beginning in 2021.
 
In 2023, domestic production growth was “roughly flat, largely due to safety-related mining suspensions”, analysts at Macquarie wrote in a note, resulting in demand growth outpacing supply growth.
 
That pushed China’s coal imports higher, to a record high of 474.42 million tons in 2023, the customs administration said last week, as users turned to imports due to rising prices and diminished quality of domestic coal.
Source: Reuters


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Friday, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...


Friday, 28 June 24
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For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...


Monday, 24 June 24
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On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...


Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday. ...


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