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Summary Trump to use Defense Production Act to steer money to coal projects Funds would upgrade coal plants, support new facilities and export infrastructure Environmental groups criticize plan; industry says coal supports AI-driven power demand and energy security (Reuters) – President Donald Trump said on Thursday he is directing hundreds of millions of dollars …
By Jennifer A Dlouhy President Donald Trump is preparing to use Cold War-era authorities to dole hundreds of millions of federal dollars to support coal-fired electricity as well as US exports of the fossil fuel. Trump is expected to announce he’s delivering the funding for US coal plants and an American export terminal under the …
Trump Plans $700 Million Push to Build Coal Plants, Export Site Read More »
(Reuters) – Annual electric power generation from utility-scale solar will surpass that from coal for the first time in 2026 within the electricity grid, the U.S. Energy Information Administration said in its latest Short-Term Energy Outlook on Wednesday. Solar generation in the Electric Reliability Council of Texas (ERCOT) grid, which serves most of the state, …
Solar to Surpass Coal in Texas Power Generation in 2026, EIA Says Read More »
(Reuters) – Major Asian liquefied natural gas (LNG) importers Japan and South Korea ramped up coal-fired power generation in April and into early May, market data showed, as the Iran war disrupted supplies of the super-chilled fuel and boosted prices. Japan’s gas-fired power supply hit two-year lows in April and South Korea’s dropped to six-month …
Top Asian LNG Markets Boost Coal Use as Iran War Limits Supply Read More »
By Jeff Desjardins Key Takeaways China accounts for 51.7% of global coal consumption, using more than all other countries combined. The top six countries make up 87% of global demand. India is a distant second at 11.7%, followed by Indonesia (9.0%). The U.S. and Australia each contribute about 5% of global demand. Coal consumption is more concentrated …
Ranked: Who Uses the World’s Coal? – Visual Capitalist Read More »
(Reuters) – Asian utilities are boosting coal-fired power generation to cut costs and safeguard energy supply, industry officials say, as the U.S.-Israeli war on Iran chokes liquefied natural gas (LNG) shipments and soaring prices threaten to suppress LNG demand. Asia spot LNG prices have doubled to three-year highs in the second major supply shock in …
Asia Pivots to Coal as Middle East Conflict Chokes LNG Supply Read More »
(Reuters) – China is the world’s largest energy importer and would therefore appear vulnerable to the surge in crude oil and natural gas prices from the conflict between Israel and the United States against Iran. But the opposite is most likely the case, with China’s vast stockpile of crude a cushion against price spikes, meaning …
China Imports the Most Energy, But is Best Placed on Iran: Russell Read More »
By Valerie Volcovici and Trevor Hunnicutt WASHINGTON, Feb 11 (Reuters) – President Donald Trump on Wednesday ordered the Defense Department to purchase electricity from coal-fired power plants in his latest effort to boost the coal sector. The move, which was announced at the White House as an executive order, calls for the Pentagon to form …
Trump Directs Energy Department to Issue Funds to Keep Coal Plants Online Read More »
By Jennifer A Dlouhy and Will Wade Trump administration officials vowed to keep US coal power plants operating, casting it as an imperative to meet surging electricity demand and drive a revival of the nation’s industrial base. “The goal is 100% open,” said Interior Secretary Doug Burgum. “That’s the standard we’re operating against.” Burgum’s comment …
Trump Officials Vow to Keep All US Coal Plants Running Read More »
By Gavin Maguire LITTLETON, Colorado, Jan 15 (Reuters) – Despite all the policy whiplash – or perhaps because of it – the U.S. energy system has started 2026 with more buzz and momentum than seen in decades. At home, electricity production is growing far faster than in most western peers, which is allowing utilities to …
COMMENTARY: Key US Energy, Power Trends at Home and on World Markets Read More »
