Category archives for coal

Russian coal ban threatens to raise electricity prices in Europe Russia could lose revenue of nearly $4.4 billion

  • 08 April, 2022
  • 5:42 pm EEST

Although Europe's decision to ban Russian coal will affect a major source of Moscow's revenue, it risks soaring electricity prices on the old continent, amid tight global supplies. The European Union on Friday formally adopted the fifth package of sanctions…

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US coal inventories are at their lowest level in 43 years During last September

  • 07 December, 2021
  • 5:59 pm EET

Coal stocks in the United States fell to their lowest level in 43 years last September, as power plants closed and consumption increased. A report issued by the US Energy Information Administration today, Tuesday, showed that total coal stocks in…

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Nigeria.. Families face high prices for cooking gas using wood and coal Amid a decrease in imports due to the imposition of taxes

  • 24 November, 2021
  • 5:27 pm EET

The citizens of Nigeria recently woke up to a crazy rise in the prices of liquefied petroleum gas, or “cooking gas,” which prompted most families to use firewood and coal. Evidence suggests that Christmas rituals will be affected if cooking…

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Rising gas prices in Europe open doors for coal power generation Coal plants in the old continent compete with gas

  • 19 November, 2021
  • 5:33 pm EET

The rise in natural gas prices in many parts of Europe has led to a revival of coal power plants and reaped huge profits, in contrast to European climate policies, which is a setback for efforts to reduce carbon emissions.…

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Despite COP26 pledges, Indonesia plans to expand coal production

  • 17 November, 2021
  • 5:52 pm EET

With the COP 26 climate summit ended days ago, and the resulting international pledges to reduce coal use in a step on the way to completely abandoning it, Indonesia is adopting a new plan to change the course of its…

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