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Chart showing 2026 global LNG supply variation, including Qatar and UAE capacity losses, new projects and supply balance scenarios

Coal power generation returns as LNG crisis tightens global gas markets

Coal power generation is re-emerging as a short-term energy security solution in parts of Europe and Asia as LNG market disruptions linked to the Strait of Hormuz crisis tighten global gas supplies and drive renewed price volatility, according to a new report. Coal power generation is re-emerging as a short-term response to tightening LNG markets after the Strait of Hormuz […]

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Chart showing China’s steelmaking capacity by status and technology type, with operating capacity dominated by coal-based BOF technology

Steel industry keeps betting on metallurgical coal despite green steel push

Coal-based blast furnace projects continue to outpace retirements globally, highlighting the steel sector’s ongoing dependence on metallurgical coal even as policymakers and producers accelerate efforts to develop lower-emissions steelmaking technologies. Global Energy Monitor reports that 319 mtpa of blast furnace capacity is under development, while less than 10% of the operating fleet has announced retirement plans. By 2035, net blast […]

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Multi-line time-series chart (2004–2026) showing each marginal fuel category's share: Gas, Wind, Coal, Oil, Uranium, Municipal Waste, Landfill Gas, Interface, Emergency DR, Other. Coal starts high and declines over time while Gas rises, Wind increases later, and the remaining categories stay small with minor fluctuations.

AI-driven power demand boosts coal power generation economics in US capacity markets

Surging electricity demand from data centres is tightening US power markets and sharply improving coal plant economics, with PJM reporting that theoretical net revenues for new coal generation rose 199% year-on-year in Q1 2026 amid mounting reliability concerns. Coal power generation economics strengthened sharply in PJM during Q1 2026 as data centre load growth tightened supply-demand balances and lifted power […]

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API2 Rotterdam Coal Futures chart showing June 2026 contract at 5.900 amid rising global coal prices.

Global coal prices rise as energy market volatility and supply concerns support coal futures

Global coal prices strengthened during the week as European coal futures rose on firmer gas markets, LNG supply concerns and broader energy security risks. Asian demand also supported South African and Indonesian coal prices, while India’s import market remained cautious due to sufficient domestic availability. Global coal prices moved higher this week, supported by stronger European energy markets, tighter LNG […]

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