The Adaro Blog
New York’s Plan to Kill Coal Is Already Boosting Power Prices
January 18, 2019, 8:11 pm
New York’s plan to put the state’s last coal-fired power plants out of business hasn’t even been approved yet and electricity is already trading like they’re shut.
The price of power in 2021 in New York City and other regions surged more than 30 percent beginning in May....
PLN to acquire coal mines to secure supply
January 16, 2019, 8:09 pm
State-owned electricity firm PLN is set to acquire coal mines as part of its plan to secure 40 percent of the coal demand for its power grid – which last year absorbed 95 million tons of coal – by 2023.
PLN president director Sofyan Basir said that by 2023 coal demand for the...
President Trump can’t stop US coal plants from retiring
January 14, 2019, 7:43 pm
More U.S. coal-fired power plants were shut in President Donald Trump’s first two years than were retired in the whole of Barack Obama’s first term, despite the Republican’s efforts to prop up the industry to keep a campaign promise to coal-mining states.
In total, more than...
Russia’s Coal Exports, Production Hit Five-Year High In 2018
January 11, 2019, 8:11 pm
Russia’s production and exports of coal hit last year their highest levels since 2013, according to S&P Global Platts estimates of data from Russia’s Energy Ministry.
Russian coal exports increased last year by 3.4 percent compared to 2017, to reach 191 million mt—the...
PLN needs 100m tons of coal to fuel power plants this year
January 10, 2019, 8:09 pm
State-owned electricity company PLN projects that the company’s coal-fired power plants will require some 100 million tons of coal this year, a 5.4 percent increase from last year.
PLN western region business director Djoko Rahardjo Abumanan said on Wednesday that more coal was needed this...
China: No Wind Or Solar If It Can't Beat Coal On Price
January 10, 2019, 8:07 pm
China has said it will not approve wind and solar power projects unless they can compete with coal power prices.
Beijing pulled the plug on support for large solar projects, which had been receiving a per kWh payment, in late May. That news came immediately after the country’s largest...
January’s coal reference price down 0.1 percent
January 4, 2019, 6:46 pm
The government revised down the Indonesian coal reference price to US$92.41 per ton in January, 0.1 percent lower than the price in the previous month, which was $92.51 per ton.
Energy and Mineral Resources Ministry spokesperson Agung Pribadi said the revision was in response to China's new...
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