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Peak Coal
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    Coal production capacity may rise to 5 billion tons a year by 2025, from 4.1 billion currently, according to Daiwa Capital Markets. Meanwhile the country is set to expand coal electricity capacity by more than 10% to 1,200 gigawatts by 2025, according to Wood Mackenzie.

    China do everything to keep cheap coal advantage.

    Despite fuzzy promises to not use coal at all in 2060 :-)

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  • Several cities in at least three provinces in central and southern China are experiencing a power crunch, with some local governments beginning to ration power use during peak times, according to multiple domestic media reports. Entire provinces are taking the surprise step of limiting industrial power and even cutting heating in government offices, expected to take effect Dec.11

    Similar rules have been implemented in the neighboring Jiangxi province, with authorities warning of the possibility of power interruptions during morning and late-afternoon peak periods. Meanwhile, the central Hunan province rolled out a series of power restrictions for businesses and factories on Dec. 8, urging them to consume less power. And Hubei, another central province, has expressed concerns over power usage due to tight coal supplies.

    Reports of regional energy shortfalls come as China is aiming to curb its production of coal — a high-polluting fossil fuel that’s used to heat homes and power thermal plants — in order to meet its ambitious climate goal to become carbon-neutral by 2060.

    At same time Chinese bureaucrats started coal war with Australia who was their biggest supplier.

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    and it 2000 it was

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    Without moving production to China it had been real disaster in EU and US.

    Real problem of EU and US is that their services do not cost as much as they though. Actually most of them are commodity now and others are only exist because huge developers salaries that are in turn protected by huge armies.

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    Coal prices have climbed to their highest level in a decade, making the fuel a hot commodity in a year when governments are pledging reductions in carbon emissions.

    https://www.wsj.com/articles/thermal-coal-prices-hit-decade-high-amid-gas-shortage-11624620773

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  • The global energy crunch forced a German electricity producer to halt a power plant after it ran out of coal.

    Steag GmbH closed its Bergkamen-A plant in the western part of the country this week due to shortages of hard coal, it said by email. The closure is the first sign that Europe may need to count on mild and windy weather to keep the lights on as the continent faces shortages of natural gas and coal is unlikely to come to rescue.

    Energy prices are soaring from the U.S. to Europe and Asia as economies rebound from a pandemic-induced lull and people return to the office.

    And now we can see it all.

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  • IEA's Coal 2021 report says global power generation from coal soared 9% in 2021 to an all-time high of 10,350 terawatt-hours. The rebound comes amid a rash of green policies and stupid political choices, such as decommissioning oil and gas-fired power plants and fossil fuel exploitation projects

    https://www.iea.org/news/coal-power-s-sharp-rebound-is-taking-it-to-a-new-record-in-2021-threatening-net-zero-goals

  • Indonesia banned coal exports in January over concerns that low supplies at domestic power plants could lead to widespread power outages, a senior energy ministry official said Saturday.

    The country of Southeast Asia is the world's largest thermal coal exporter, exporting about 400 million tonnes in 2020. Its largest consumers are China, India, Japan and South Korea.

    Indonesia has a so-called Domestic Market Commitment (DMO) policy, which requires coal miners to supply 25% of their annual production to the state-owned Perusahaan Listrik Negara (PLN) at a maximum price of $ 70 per tonne, well below current market prices.

    “Why is everyone banned from exporting? This is outside our limits and it is temporary. If the ban is not respected, almost 20 power plants with a capacity of 10,850 megawatts will be shut down, ”said Ridvan Jamaludin, general director for minerals and coal. The Ministry of Energy said in a statement.

  • China is pushing hard

    China's coal output hit record highs in December and in the full year of 2021, as the government continued to encourage miners to ramp up production to ensure sufficient energy supplies in the winter heating season.

    China, the world's biggest coal miner and consumer, produced 384.67 million tonnes of the fossil fuel last month, up 7.2% year-on-year, data from the National Bureau of Statistics showed on Monday. This compared with a previous record of 370.84 million tonnes set in November. read more

    For the full year of 2021, output touched a record 4.07 billion tonnes, up 4.7% on the previous year.