International Thermal — M1 History
Monthly average front month USD/t
US Thermal — M1 History
Monthly average front month USD/t
Forward Curves — 12 Nov 2026
ICE futures M1–M24 USD/t
International Thermal — All Benchmarks
Monthly avg M1 USD/t — toggle series
US Thermal — All Benchmarks
Monthly avg BOM USD/t
Gas & carbon benchmarks. Henry Hub, Dutch TTF and JKM LNG shown M1–M36; EU carbon (EUA) has 13 tenors on ICE's quarterly cycle, labelled by months out rather than M-number. Charts show monthly averages; the price tables carry current and daily change. Each series is shown in its own trading unit — use the $/MMBtu toggle to put TTF on a common axis with Henry Hub and JKM. Source: NYMEX, ICE, EIA, Bloomberg, Seawolf Research.
Coal held at power stations — the demand-side counterpart to price. India is CEA daily at plant level, with stock split between domestic and imported coal; Japan is METI monthly for the national generator fleet; China is weekly coastal port and major-utility stocks, shown as position in the five-year range. The three are not directly comparable: different frequencies, different definitions of cover. Korea is absent because no Korean source publishes power-sector coal stocks.
India's power market day by day and what it means for coal. Conventional generation is CEA's Daily Generation Report (stations above 25 MW: coal, lignite, gas, nuclear, hydro, plus imports from Bhutan). Wind, solar and other renewables are CEA's Daily Renewable Generation Report, available from August 2024. Coal burn is CEA's daily coal consumption at power plants. Cooling degree days are population-weighted across Mumbai, Delhi, Bangalore, Kolkata and Chennai. Charts use 7-day averages. Grid-India (formerly POSOCO) publishes demand data, but its site is not reachable from here, so total generation stands in for demand. Source: Central Electricity Authority; National Power Portal; Open-Meteo; Seawolf Research.
Coal-Fired Generation by Year
GWh per day, 7-day average
Generation and Coal
GWh per day, 7-day average · total includes renewables from August 2024; conventional is stations above 25 MW
Generation Mix
Average GWh per day, weekly · renewables reported from August 2024
Coal and Solar Share of Generation
% of total generation, 7-day average · coal includes lignite
What Changed: Last 30 Days vs a Year Ago
TWh change by source
Coal Burned at Power Plants
Thousand tonnes per day, 7-day average
Cooling Degree Days vs Generation
Bars: weighted cooling degree days (7-day average); lines: coal and total generation · heat lifts demand, and hydro and wind in the monsoon decide how much of it coal meets
Vietnam monthly electricity production and the coal burned to make it. Generation is the national statistics office's monthly "electricity for production"; the latest month is NSO's estimate until the next release revises it. Coal generation is Ember's monthly series, with recent months built from EVN's period totals (lighter bars); for those months the monthly split within a quarter is allocated, and coal's share is measured against EVN's system output. Coal burn is a Seawolf estimate from coal generation. Cooling degree days are from NASA POWER temperatures at Hanoi and Ho Chi Minh City, weighted. Source: General Statistics Office of Vietnam (NSO); EVN; Ember; NASA POWER; Seawolf Research estimates.
Monthly Electricity Production by Year
TWh per month · NSO electricity for production
Generation and Coal Burn
Monthly, last five years · total generation (TWh, left) and estimated coal burn (Mt, right)
Coal Generation and Share of Output
Coal generation TWh per month (bars) and coal's share of output (line) · lighter bars are built from EVN period totals: quarterly totals are spread across the months in proportion to NSO generation, so the month-to-month shape within a quarter is allocated, not measured, and the share for those months is against EVN's system total
Estimated Coal Burn
Million tonnes per month · shaded band is the low-to-high burn range
Cooling Degree Days vs Generation and Coal Burn
Monthly · bars are weighted cooling degree days, lines are generation and estimated coal burn · heat drives demand, but hydro output also swings coal burn, especially June–October
Cooling Degree Days by Year
Weighted Hanoi / Ho Chi Minh City, base 18°C · hotter months drive air-conditioning load
China's power market on an annual basis: how much generating capacity the country has, what it generates from each source, how that changes year to year, and the coal it burns to do it. Installed capacity is what is in service, so it is net of retirements, and the annual change is net additions. Generation covers industrial generators above designated size (NBS), which misses much of the small distributed solar. 2026E is the first-half actual scaled up by each source's average full-year/first-half ratio for 2023–2025: an extrapolation, not a forecast of weather or policy. Source: National Bureau of Statistics; National Energy Administration; China Statistical Yearbook; Seawolf Research estimates.
Installed Generating Capacity
GW by technology, net of retirements · year-end, latest bar is mid-year
Annual Change in Installed Capacity
GW added, net of retirements · change in year-end capacity · latest bar is the first half only (lighter)
Electricity Generation by Source
TWh per year · generators above designated size · 2026E extrapolated from the first half (lighter bar)
Annual Change in Generation by Source
TWh change on the prior year · which sources met demand growth
Estimated Coal Burned for Power
Million tonnes · Seawolf estimate from NBS thermal generation, not reported tonnage
Indonesian river levels and coal barging. Modelled flow on the Mahakam, Barito, Batanghari, Musi and Berau against the normal range for the date, with forecasts out about six months, the export tonnage at risk while barging is constrained, and how prices have responded. Updated each pipeline run.
Coal versus gas generating cost, expressed as a switching index: (gas cost − coal cost) ÷ coal cost. Positive means coal generates more cheaply. A percentage rather than a breakeven price, so basins and regions compare directly. This is descriptive — it shows where the economics sit and how they have moved, and forecasts nothing. Every efficiency and emissions factor is an assumption and is listed on each panel.
% changes: Day = prev 1 trading day, Week = prev 5 trading days, Month = 30 days ago, Year = 365 days ago. All prices from ICE futures. Source: ICE, Bloomberg, Seawolf Research.