In many ways, China’s ongoing electricity crunch is a mess of its own making. It’s due in part, for example, to an overly rigid regulatory system that compels local officials to act a bit too […]
With its chimneys towering 200 meters above the industrial heartland of England, West Burton A power station is a relic of the fossil fuel age. When fired up, its boilers burn thousands of tonnes of […]
BERLIN – Environmentalists have chained themselves to giant excavators in an effort to halt the expansion of a vast open-pit coal mine in western Germany. More than 20 climate activists clambered onto the diggers in the Garzweiler lignite mine […]
The global spike in energy prices and China’s crackdown on power consumption look set to create more losers than winners in Asian equities as production costs surge and output takes a hit. Chinese stocks dominate […]
(Reuters) – Thermal coal prices across Asia hit new highs this week as China and India restock critically low inventories to meet robust power consumption, industry sources said. The most-traded thermal coal futures contract on […]
Participants in China’s carbon market expect 5 billion tons of emissions allowances to be issued around October, a move that will help kick-start what has so far been moribund trading. The allowances are expected to […]
Source: U.S. Energy Information Administration, State Energy Data System In 2019, the top six primary energy-producing states—Texas, Pennsylvania, Wyoming, Oklahoma, West Virginia, and North Dakota—accounted for 55 quadrillion British thermal units (quads), or 55% of all of […]
Lukoil PJSC, Russia’s second-largest oil producer, has enough spare capacity to restore output to pre-pandemic levels, indicating that OPEC+ cuts haven’t had any significant impact on its production potential. The company has about 90,000 barrels a […]
A few weeks back I wrote a story that proposed that we all quit talking about so-called “peak oil” demand since, according to various sources, the world has not yet even managed to achieve “peak coal” […]
Source: U.S. Energy Information Administration, Annual Electric Generator Report and Monthly Update to the Annual Electric Generator Report In 2011, the United States had 317.6 gigawatts (GW) of coal-fired electric generation capacity. About 88.7 GW of that capacity was […]
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