Latest news with #CoalIndustry
Bloomberg
08-07-2025
- Business
- Bloomberg
China Shuns Costly LNG Imports Even as Summer Power Demand Rises
Sweltering temperatures are pushing up appetite for electricity in China — just not yet enough to revive the country's spot purchases of costly liquefied natural gas. Traders hoping for a recovery in spot LNG deals had been watching for a surge in summer demand along China's eastern seaboard. Scorching heat has indeed created those spikes, except that cheap coal, higher-than-usual inventories of power-station fuels and a continued increase in renewable capacity have filled the gap and limited the risk of seasonal blackouts.
CTV News
16-05-2025
- General
- CTV News
Alberta regulator approves Grassy Mountain coal exploration project
Grassy Mountain, peak to left, and the Grassy Mountain Coal Project are seen north of Blairmore, Alta., Thursday, June 6, 2024. (THE CANADIAN PRESS/Jeff McIntosh) (Jeff McIntosh/The Canadian Press)
