Page 3 - Repi Coal News Today

South Africa will auction at least 10 new onshore blocks for shale gas exploration in the environmentally sensitive Karoo region, a government official told Reuters, as the country eyes alternative energy sources to ease its worst-ever power crisis.

China’s electricity generation grew in line with the long-term average during the first four months of the year as the economy recovered from the end of COVID-19 lockdowns and the exit wave of the pandemic.

Vietnam's prime minister approved a long-awaited power plan for this decade that needs $134.7 billion of funding for new power plants and grids, the government said late on Monday, in a move that may help unlock billions of dollars of foreign investment.

Vietnam approved on Monday a long-awaited plan to boost renewables by the end of the decade, with total investment estimated at $134.7 billion, but coal is set to remain a crucial source of energy until 2030 before being gradually phased out.

Southeast Asia only accounts for around 12% of global thermal coal imports, so is often overshadowed by China and India in discussions about key coal consumer markets and the associated impact on emissions.

South African President Cyril Ramaphosa denied on Thursday that his government had failed over crippling power cuts, saying already-announced interventions would reduce pressure on the grid.

Democratic U.S. Senator Joe Manchin said on Wednesday he would oppose all nominees for Environmental Protection Agency (EPA) posts until President Joe Biden's administration halts what he described as its "radical climate agenda."

The White House on Wednesday called on Congress to pass permitting legislation that would help speed up clean energy and fossil fuel projects in a potential bet that the bipartisan measure may help end a standoff on the debt ceiling.

China's imports of iron ore rose 5.1% in April from the same period the previous year, customs data showed on Tuesday, as buyers anticipated strong demand for the steelmaking ingredient during the peak spring construction season.

China's imports of major commodities lost momentum in April as the strong start to the year faded amid uncertainty about the strength and composition of the recovery in the world's second-biggest economy.