Articles Tagged "coal demand"

Coal to Fare Better in 2014

The Wall Street Journal reported that although 2013 was a tough year for coal, factors such as "booming" production from Wyoming's open-pit mines and demand from emerging economies like India and China will make for better prospects in 2014.

Coal More Popular than LNG in Japan

The Globe and Mail reported that Japan's coal use has increased as it "tries to lower the cost of replacing nuclear energy," with the result being that its 10 main utilities used almost 16 percent more coal in the first 10 months of 2013 than they did in the year-ago period. Further, they increased their imports of the fuel by 11 percent.

Thermal Coal Prices to Rise in Medium Term, Says Glencore Xstrata

Reuters reported that according to Glencore Xstrata plc (LSE:GLEN), thermal coal prices are likely to rise in the medium term, partially due to high electricity demand in Asia. The fact that the fuel is currently in oversupply due to "healthy exports from major producers" and "modest demand" will also contribute to a price rise.

Poland to Halve Coal Demand by 2030?

Reuters reported that according to a new report completed by German and Polish researchers, renewable energy groups and Greenpeace, by 2030, Poland may cut its coal demand in half by shifting toward renewable energies.