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Thailand’s Egat tests 2pc wood pellet co-firing

  • : Biomass, Coal
  • 24/03/07

Thailand's state-controlled utility Egat plans to co-fire wood pellets at a 300MW unit of its lignite-fired Mae Moh power plant in Lampang province.

Thailand is currently testing 2pc co-firing at the unit, the chairman of the wood processing club at the Federation of Thai Industries Akarin Vongapirat, said at the Argus Biomass Asia Conference in Singapore. The goal is to start co-firing after the trial and government approvals, then increase it to 5pc and further raise it to 15pc in the coming years.

The plan was separately confirmed by a Egat official. Mae Moh is a 2.46GW lignite-fired power plant comprising six units of 300MW and one unit of 655MW. It currently co-fires two other units with agricultural waste.

The utility's co-firing ambitions comes as a number of Asia-Pacific utilities are looking to replace some percentage of coal in their blends as part of wider plan to reduce carbon emissions. The increase in co-firing will support demand for domestic as well as imported biomass.

Egat will require 200,000 t/yr of wood pellets when it reaches 15pc co-firing,Vongapirat said, adding that the country's wood pellet production is estimated at 600,000 t/yr. Domestic production supports Thailand's wood pellet exports, which rose to around 195,000t in 2023 from about 133,500t in 2022, according to customs data. Wood pellet imports were 10,700t last year, slipping from 11,250t a year earlier. Increased domestic consumption could weigh on exports in future years and support higher imports.


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25/05/14

India’s coal imports drop in Apr 2024-Feb 2025

India’s coal imports drop in Apr 2024-Feb 2025

Singapore, 14 May (Argus) — India's imports of all types of coal declined on the year from April 2024 to February 2025 because domestic supplies rose, the federal coal ministry said. The country's imports of all types of coal — including thermal and coking coal — fell by 9.2pc from a year earlier to 220.3mn t during the 11-month period, the ministry said. India's production rose by 5.5pc from a year earlier to 929.15mn t over the same period. The drop in imports resulted in foreign exchange savings of about $6.93bn, it said. Imports declined as the country continued to boost output, in line with federal efforts to expand commercial coal mining and coking coal output as well as reduce imports, the ministry said. Increases in domestic supplies could weigh on demand for imports, although key coal-consuming industries could continue to source seaborne material for their operations, especially as domestic coal is comparatively inferior in quality. Utilities' imports for blending with domestic coal fell by 39pc during the period, the ministry said, without elaborating on the volume. The drop comes as Delhi did not renew its order on imported-domestic coal blending after the directives expired in October last year. But it has extended its directive requiring imported coal-fired utilities to boost generation until 30 June , a move that could support demand for seaborne coal during the peak summer period. Imports Imports would continue to be part of the mix to power India's economic growth, especially as it serves as a primary energy source for critical industries including power, steel, and cement, the ministry added. Imports have been vital to meet the needs of key sectors because India faces challenges in meeting the growing domestic demand, especially for coking coal and high-grade thermal coal, the ministry said. India imported 38.29mn t of thermal coal in January-March, down from 41.87mn t a year earlier, according to data from shipbroker Interocean. Imports may have remained under pressure in April, with India's seaborne thermal coal receipts estimated at 15.77mn t for the month, down from 15.84mn t a year earlier, according to trade analytics platform Kpler. By Saurabh Chaturvedi Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Australia’s Macquarie unwinds coking coal funding ban


25/05/13
25/05/13

Australia’s Macquarie unwinds coking coal funding ban

Sydney, 13 May (Argus) — Australian investment bank Macquarie has changed its investment rules to fund coking coal mines, in a partial reversal of its 2021 coal financing ban. The bank made the change in November 2024, it said in its annual report for the year ended 31 March, released last week. It will now make short-term funding deals lasting less than 12 months for coking coal developments, to help producers buy, expand, or run coking coal mines. Macquarie's rule change still bans long-term investments in coking coal projects. There are few viable alternatives to coking coal for the steel and industrial sectors, Macquarie said. The company has maintained its ban on thermal coal financing, apart from specific emissions reduction projects. It is also working on supporting emissions reduction projects in the Australian oil and gas sectors, although it did not disclose which projects. Macquarie is not the only bank moving away from fossil fuel financing. Australian bank ANZ will stop lending capital to companies heavily involved in the thermal coal sector by 2030. It reduced its lending to thermal coal mining firms by 85pc between 2015 and July 2024,it said in July last year. It also stopped [funding new upstream oil and gas projects](https://direct.argusmedia.com/newsandanalysis/article/2566501), with limited exceptions, in May 2024. Macquarie has expanded its climate finance role over recent years. The bank set up a renewable energy business to fund utility-scale projects in Australia and New Zealand in November 2023. Macquarie is also involved in carbon markets. The company is continuing to help clients with compliance and voluntary carbon markets, including in newer locations like China, the company said, without disclosing further details. It has also purchased and retired 59,164t of CO2 equivalent of Australian Carbon Credit Units and other voluntary offsets to cover business travel in its 2024-25 financial year ended 31 March. By Avinash Govind Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

EU consults on tariffs for €95bn US imports


25/05/09
25/05/09

EU consults on tariffs for €95bn US imports

Brussels, 9 May (Argus) — The European Commission is consulting on an extensive list, worth €95bn ($107bn), of US industrial, agricultural and other imports that could be subject to tariff countermeasures. The long list includes extends from livestock, biofuels, wood pellets to metals, aircraft, tankers and polymers . The consultation runs until midday on 10 June. It is aimed at stakeholders affected by US measures and possible EU rebalancing measures. Also considered for possible countermeasures are restrictions, worth €4.4bn, on EU exports to the US of steel, iron and aluminium scrap, as well as toluidines, alcoholic solutions and enzymes (CN codes 7204, 7602, 292143, 330210 and 350790). The commission linked the possible new measures to US universal tariffs and to Washington's specific tariffs on cars and car parts. The commission said the public consultation is a necessary procedural step. It does not automatically result in countermeasures. The EU also launched a WTO dispute procedure against the US for Washington's universal tariffs, set at 20pc for EU goods and currently paused at 10pc, and at 25pc on all imports of vehicles and car parts. The commission will need approval by EU governments under a simplified legislative procedure. Officials say this will complete a legal act for the countermeasures, making them "ready to use" if talks with the US do not produce a "satisfactory" result. The list of products potentially targeted includes livestock, along with items ranging from spectacles to antiques. The 218-page list includes a range of agricultural and food products including oats, maize, and cereal pellets. Also included are biodiesel and wood pellets (CN codes 38260010, 44013100), as well as paper and cotton products. Aluminium, iron, steel are listed together with a wide range of other goods from gas turbines, ships propellers and blades, aircraft, sea-going tankers and other vessels. Polymers, copolymers, polyesters and other products are not spared (CN codes 39039090 and more). On 10 April, the EU paused its reciprocal tariffs against the US for 90 days, responding to a US pause. The EU notes that €379bn, or 70pc, of the bloc's exports to the US are currently subject to new or paused tariffs. By Dafydd ab Iago Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

New Zealand’s Fonterra starts electrode boiler


25/05/09
25/05/09

New Zealand’s Fonterra starts electrode boiler

Sydney, 9 May (Argus) — New Zealand dairy co-operative Fonterra has turned on an electrode boiler at its Edendale plant and commissioned two more. This will help reduce CO2 equivalent (CO2e) emissions by 72,800 t/yr from 2027. The co-operative's three boilers will replace coal-fired systems and be powered by renewable energy generated at Edendale, it said on 7 May. Emissions reductions from the plant will account for 4pc of Fonterra's target of a 50.4pc reduction in scope 1 and scope 2 emissions relative to 2018 levels by 2030. The co-operative has committed NZ$70mn ($41.3mn) to build the Edendale boilers, with additional co-funding from New Zealand's Energy Efficiency and Conservation Authority (EECA). Fonterra's on-farm emissions are excluded from New Zealand's emissions trading system , but its coal boilers fall under the scheme. The co-operative has been moving away from coal boilers since 2018, reducing its CO2e emissions by 200,400 t/yr through six conversions. Fonterra has converted coal boilers into wood-fired and electrode boilers in collaboration with EECA. Its 2020 Te Awamutu coal-to-biomass boiler conversion led to a 98.4pc decline in CO2e emissions, from 90,395 t/yr to 1,425 t/yr, according to an EECA study. Fonterra was looking for 80,000-100,000t of Vietnamese wood pellets on a one-year contract starting in mid-2025 as it moves away from fossil fuels to renewables, market participants told Argus in December 2024. By Avinash Govind Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

US producer Core raises coal sales volume outlook


25/05/08
25/05/08

US producer Core raises coal sales volume outlook

Houston, 8 May (Argus) — US coal producer Core Natural Resources plans to sell more coal in 2025 than previously anticipated, with stronger domestic utility demand expected to offset challenging seaborne market conditions and some production setbacks. Core projected on Thursday that it will ship around 75.5mn-81mn st (68.5mn-73.5mn metric tonnes) of thermal and metallurgical coal this year, up from its February forecast of 72.5mn-79mn st. The new expectations for this year still are lower than the combined 85mn st sold in 2024 by Arch Resources and Consol Energy before the two companies merged in January to form Core. On the thermal side, Core has 75.6mn st of coal under contract to ship this year, including 26.5mn st of high calorific-value (CV) thermal coal, 41.9mn st of Powder River basin (PRB) coal and 7.2mn st of metallurgical coal. While the global trade environment is "uncertain", there are domestic opportunities because of continued US electricity load growth, chief executive Paul Lang said on Core's first-quarter earnings call. Overall US electricity generation was 3pc higher in 2024 than in 2023. And in the first four months of this year, generation was 3.9pc higher than in January-April 2024 as coal-fired generation climbed by around 20pc, more than offsetting a "small" decline in natural gas power, Lang said. Colder-than-normal weather during the first quarter resulted in surging natural gas prices and higher power prices in the PJM Interconnection, causing generators to dispatch more coal power than expected and trimming inventories. Utilities are in the market earlier this year than they had been recently, seeking both spot and term coal volumes, Core senior vice president Robert Braithwaite said. "We actually have a couple [requests for proposals] out today," Braithwaite said. One solicitation is for deliveries through 2030 and one is for deliveries through 2028, he said, without naming the prospective buyers. Core also expects a number of international headwinds to be short-lived. While there has been "a bit of a price wall" for potential high-sulfur thermal coal business to India because of recent drops in petroleum coke prices, "we would expect that to pick back up in the coming months", Braithwaite said. In addition, if there is a trade deal between China and the US, China may resume buying US thermal coal and petroleum coke, he said. This would tighten the supply of coal and petroleum coke going into the Indian market and support higher fuel prices, according to Braithwaite. And although seaborne metallurgical coal markets remained muted during the first quarter, growing blast furnace capacity in southeast Asia is anticipated to strengthen export demand for US coking coal, Lang said. Last quarter, the company sold 2.31mn st of metallurgical coal. Record quarterly production at Core's metallurgical coal-producing Leer mine in West Virginia limited the impact of a longwall outage at Leer South, which was sealed in January to extinguish a fire. Core said it resumed continuous miner operations at Leer South in February and expects to restart longwall production by the middle of this year. In addition, there were three longwall moves at the producer's Pennsylvania mining complex during the quarter. Lang noted that there is a fourth longwall move currently in progress at the complex, and the fifth and final planned move for 2025 will occur in the back half of the year. Core's total coal sales during the first quarter fell to 20.1mn st of thermal and metallurgical, down from 21.3mn shipped by Consol and Arch combined a year earlier. Core sold 7.1mn st of high CV thermal coal at an average price of $63.18/st last quarter, and 10.7mn st of PRB coal priced at an average of $14.93/st. In the first quarter of 2024, Consol's Pennsylvania mining complex sold 6.1mn st of high CV coal and Arch shipped 12.8mn st out of the PRB and from its high-CV West Elk mine in Colorado. By Anna Harmon Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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