India Coal Power Generation Jumps 14% in June

Home Oil Prices Oil Futures Rig Count Energy Energy-General Oil Prices Crude Oil Heating Oil Gas Prices Natural Gas Coal Company News Interviews Geopolitics Alternative Energy Nuclear Power Solar Energy Hydroelectric Renewable Energy Geothermal Energy Wind Power Fuel Cells Tidal Energy Biofuels Environment Global Warming Oil Spills Company News Breaking News Premium Articles My Account Get Exclusive Intel All Prices OPEC Blends Canadian Blends U.S. Blends WTI Crude •11 mins 68.96 +0.27 +0.39% Brent Crude •11 mins 72.18 +0.38 +0.53% Murban Crude •16 mins 65.91 +0.69 +1.06% Natural Gas •11 mins 3.254 +0.058 +1.81% Heating Oil •11 mins 3.204 +0.022 +0.70% Gasoline •13 mins 2.937 +0.020 +0.68% Click Here for 150+ Global Oil Prices Gasoline • 13 mins 2.937 +0.020 +0.68% Heating Oil • 11 mins 3.204 +0.022 +0.70% WTI Midland • 9 hours 68.67 +0.19 +0.28% Opec Basket • 9 days 77.37 -2.89 -3.60% Indian Basket • 9 days 70.71 -4.57 -6.07% Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Click Here for 150+ Global Oil Prices Alberta and Ottawa Greenlight New Pacific Pipeline Experts say any new Iran… Gulf states are taking the… What I Cover Irina Slav has been writing about global energy markets since 2007, covering the oil and gas industry, energy security, commodities, and the… India's coal-powered electricity generation last month surged by 14% on the year to 120.20 billion kWh as drier, hotter weather prompted a significant increase in demand. Reuters noted in a report on the news that this is the highest portion of coal-fired generation since November 2023. Wind and solar, meanwhile, also rose as percentage of India's electricity mix, to 19% of the total in June, according to data from the country's grid operator. On an annual basis, wind and solar rose by 23%, the data also showed. Coal power generation is expected to remain strong this year even though India is adding new wind and solar capacity to diversify away from hydrocarbons, because drier weather brought by El Nino has led to a drop in hydropower generation, one analyst from credit ratings agency ICRA told Reuters. In June, hydropower generation fell by 24.4% on the year. Gas generation also fell, even more substantially, by 30.1%, likely because prices for the commodity remained elevated due to the Middle East war. Japan also reduced its gas-fired generation last month, boosting coal generation instead. Earlier this year, forecasters said India could see its coal demand surge by 11.5% in the second quarter of the year as it coincides with peak cooling demand season in the country. Demand from coal-fired power plants was expected to hit 233 million tons, while electricity generation at these plants was forecast to jump by 13.3% over the second quarter. India was expected to see peak summer demand of 270 gigawatts (GW) this year, which would beat the previous record-high demand of 250 GW from May 2024. Over the longer term, demand for coal is also expected to remain robust. Indeed, a government-linked think tan