 
|
Signature Sponsor
September 2, 2026 - Coal prices climbed to roughly $145 per ton in early September, marking their highest level in about 11 weeks as strong global energy demand and ongoing supply concerns supported the market. The gains came even as China reached a significant milestone in its energy transition, with solar becoming the country’s largest source of installed electricity-generating capacity and overtaking coal-fired power for the first time.
Despite the rapid expansion of renewables, coal continues to play a dominant role in the global power sector. The fuel is expected to account for nearly 11,000 TWh of electricity generation in 2026, as rising power consumption makes it more difficult for renewable energy additions to quickly displace conventional generation.
The International Energy Agency expects coal to remain the world's largest individual source of electricity generation through 2030, with no single competing technology projected to approach coal's contribution over that period.
Coal markets have also received support from continued instability in the Middle East. The conflict has contributed to tighter global LNG supplies and higher energy prices, increasing the attractiveness of coal as an alternative fuel for power generation in some markets.
|
|