Power Plant Pipeline – More Thoughts
We’re beginning to see the inadequacy of Chinese coal production to meet their own power demands as production falters & demand climbs.
India
Coal News & Price Data – August 2, 2023 – India to Offset Half of China’s Commodity Demand
India is expected to fill almost half of the shortfall in commodity demand growth caused by slowing demand in China in the coming decade.
Coal News & Price Data – July 17, 2023 – Met Coal Q2 Review
Asian metallurgical coal prices saw significant declines in Q2, with PLV Hard Coking Coal falling by 22.3% quarter on quarter to $233/mt.
Coal News & Price Data – July 11, 2023 – NSW Court Dismisses Narrabri Stage 3 Blocking Case
Whitehaven Coal announced a court in New South Wales dismissed a lawsuit brought seeking to invalidate consent for Narrabri Stage 3.
India to Boost Coal Power Fleet 25%
China has been growing it’s coal fired power fleet, and now India has announced plans to boost capacity by 56 gigawatts (GW) by 2030.