Asia needs $1 trillion a year in energy investment over the next 15 years, McKinsey says, and will drive about 70% of global energy demand growth through 2040. Coal still supplies over 50% of its power as solar surges. #Asia#Energy#Coal
India says coal deliveries to power plants hit a record 2.6 million tons a day and supply will soon normalize, after 96 plants were left with just three days of stocks as weak hydro and rising demand strain the grid. #India#Coal#Power#Energy
India's coal squeeze is deepening: 96 coal power plants, about half the fleet, have just three days of stocks, up from 60 in mid-September, per government data cited by Reuters, as warm weather lifts power demand. #India#Coal#Power
Asia's thermal coal prices will stay high in the coming months, Fitch says, as China and Indonesia supply falls and Japan and Korea switch from gas to coal. Newcastle coal futures are up 30% from pre-war levels. #Coal#Energy#Asia#Fitch
China's coal output fell 6.8% year on year in September to 385M tons, though it rose from August's total. Imports also dropped 5.7% to 43.37M tons. With winter heating demand ahead, the trend could reverse. #Coal#China#Energy#WinterSupply
