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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

Asia 52
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Rostec and Shenhua to invest up to $10B into coal mine development and infrastructure in Russian Far East; coal and power

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Russian State Corporation Rostec, one of the largest Russian industrial conglomerates, and Chinese State Corporation Shenhua, the world’s leading producer and distributor of coal, have signed a Memorandum of Understanding. High calorific value coal concentrate will be exported to Asia-Pacific countries, mainly to China.

Coal 210
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Benchmark: battery supply chain hit by Chinese energy cuts

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Benchmark Minerals reports that China’s ongoing energy shortage, which has seen local governments enforce intermittent power cuts since July 2021, has begun to affect domestic anode and cathode production as several producers were forced to scale back production in late Q3.

Supplies 186
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HummingbirdEV tech powers Keshi Group electric mining vehicles in China – Charged EVs

Baua Electric

US-based vehicle electrification system supplier HummingbirdEV has provided 393 electric mining vehicles powered by its EV technologies under a licensing agreement with Keshi Group, a China-based manufacturer of coal mining vehicles and equipment. They are now in operation in Chinese mines.

China 52
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Wood Mackenzie: China thermal coal demand to double to nearly 7btpa by 2030

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In a new report, energy, mining and minerals consultancy Wood Mackenzie projects that despite efforts to limit coal consumption and seek alternative fuel options, China’s strong appetite for thermal coal will lead to a doubling of demand by 2030. It is very unlikely that demand for thermal coal in China will peak before 2030.

Coal 218
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Shell, Shenhua to Partner on RD in Advanced Coal Technology; Shell Qualifies 3 Chinese Companies to Manufacture Gasification Technology

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Shell Coal Gasification Process. Shell (China) Limited and Shenhua Coal to Liquid and Chemical Co. Shenhua) have agreed to seek opportunities for conducting joint research and development in advanced coal technology. Shenhua Coal to Liquid and Chemical Co. Shenhua Group is the world’s largest coal company.

Coal 199
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PNNL, NETL and Chinese Academy Begin Cooperative Work on Coal Conversion, Emissions Capture and Carbon Storage

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Researchers from the Department of Energy’s Pacific Northwest National Laboratory (PNNL), the National Energy Technology Laboratory (NETL) and the Chinese Academy of Sciences (CAS) have formed the Clean Energy Partnership to accelerate the development and deployment of coal conversion, emissions capture and carbon storage technologies.

Coal 170