India also cold on coal
Following my post on China, I took a look at the situation in India, generally seen as the source of the next big ramp-up in coal-fired electricity. I found this article by Giles Parkinson, who suggests on the contrary
poor supply and pipeline infrastructure, and the high cost of coal imports mean that coal- and gas-fired generation is becoming unviable, even in a country with huge economic growth, an energy deficit and massive energy needs.
Following some of the companies mentioned by Parkinson, I found the recent news is even worse for coal-fired power, and better for renewables and the environment
As an aside, there have been a lot of stories about a boom in coal-fired power in Europe, in response to low global coal prices. At least in part, though, the story seems to be that the plants in question had been allotted a fixed number of operating hours before they closed down under the EU “large combustion plant directive which forces high-polluting power plants to close by the end of 2015 or after 20,000 operating hours from January 2008 unless they fitted greenhouse gas reducing equipment. So, the combination of cheap coal and expensive gas made it profitable to use up the hours quickly, then shut down, as with these UK plants.