imports
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Coal
Global Domination—China Accounts for Nearly All New Coal-Fired Power Plant Construction
Data from Global Energy Monitor (GEM), a group that tracks thermal and renewable power generation projects worldwide, shows that China was responsible for construction of 96% of all new coal-fired facilities globally last year, and for almost 70% of all new coal-fueled power plants that came online. GEM, a San Francisco, California-based non-governmental research organization, […]
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Gas
U.S. Agrees to Ramp Up LNG Exports to Europe, Actively Reduce Natural Gas Demand
The Biden administration and the European Commission launched a multi-pronged effort that will dramatically ramp up U.S. liquefied natural gas (LNG) exports to the European Union (EU) but also reduce overall natural gas demand in the U.S. and EU through “accelerated market deployment” of clean energy measures. The measures are part of strategic energy cooperation […]
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Coal
Coal Use Rises, Prices Soar as War Impacts Energy Markets
The war in Ukraine is having a global impact on energy prices, not only driving the cost of oil higher, but also sending coal prices to record levels as demand for the fuel grows during a period of diminished supply. The Newcastle (Australia) futures price of thermal coal for power generation hit $435/ton on March […]
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Fuel
ITC Probing Economic Impact of Renewable Goals, Imports to New England
Responding to a request from a Democrat-led U.S. House committee, the federal International Trade Commission (ITC) is investigating how New England’s increasing renewable targets are economically affecting the region, and what role renewable imports play in meeting those commitments. The ITC, an independent, nonpartisan and quasi-judicial federal agency that also provides fact-finding as it relates […]
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