This website’s original language is English. For translation, click the globe icon or choose Translate in the menu.
8 matching records found
Be warned. The global economy is likely to experience a recession next year. War across the Middle East is set to escalate, wrecking energy supplies for many years, even as the artificial intelligence (AI) bubble is ripe to burst. This, however, would also create an energy leadership opportunity for China. High energy prices already fuel demand for Chinese renewable energy products and electric vehicles. But as a leader in building coal-fired power plants, China can also offer the global market...
Indian factories, smelters and households are being hit by blackouts and rising energy costs as the impact of plunging coal stockpiles at the country’s power stations ripples through the economy. The weakest monsoon since 2015 has curbed hydropower output, while hotter-than-normal weather has buoyed demand for air conditioning and farm irrigation. That has seen coal-fired power stations, which supply about two-thirds of India’s electricity, rapidly burn through their inventories. Smaller...
Hallador Energy Co., a US coal miner and power producer, agreed to sell electricity to an Indiana utility, spurred by surging demand from data centers in the state.
China agreed to import at least 10 million tonnes of US coal in each of the next two years, marking one of the few concrete results from President Xi Jinping’s state visit to the United States. The country will also lower tariffs on 1,619 US products, including coal, under a deal to reduce levies on US$30 billion of non-sensitive goods shipped in each direction, according to a White House statement. Other items include agricultural goods, cosmetics and medical devices. The US will cut levies on...