SOPOT, POLAND (June 6, 2018) – Atlantic Basin coking coal prices lifted higher Tuesday, especially for premium grade material, on renewed tightness in Australia and stronger spot demand to restock in China and India with such grades.
A problem with a vessel loader at Abbot Point, Queensland, along with tighter railing availability in Queensland through the critical Goonyella line, were talking points in the market.
Any move to buy more US coal may be limited by general coverage in contracts, and higher volumes committed into buyers, or held for regular inquiries.
High-vol B tightness and steady contract demand may limit attempts to cover gaps in supplies out of Australia with higher quality US high-vol A, mid-vol and other coals.
By Terry Jarrett
Williamson Daily News
Coal is in the news again, thanks to the Trump Administration. But this time there’s a new wrinkle. The administration is aiming for a high-tech approach that could appeal to climate change activists looking to secure realistic reductions in carbon dioxide (CO2) emissions.
The Department of Energy (DOE) has announced that it is considering investment in the development of small-scale, “modular” coal plants that some are calling the power plants of the future. These compact generating stations can achieve extremely high energy efficiencies, and would be doubly clean when paired with new, cutting-edge systems to enhance the capture of exhaust emissions.
It’s clear that President Trump is standing behind his commitment to revitalize America’s coal sector. But technological advances are emerging that may indeed validate his decision – including an array of systems to fine-tune the trapping of exhaust gases and particulate matter.
To date, America’s coal fleet has invested more than $122 billion on such specialized “scrubbing” equipment. But coal could transition further into the realm of high-tech now that “Super-critical” and “Ultra-supercritical” power plants are coming online to burn coal at far higher temperatures. Under such intense heat and pressure, coal burns more efficiently, yielding lower CO2 emissions per kilowatt generated.
By Matthew Daly
WASHINGTON (June 4, 2018) – Energy Secretary Rick Perry on Monday defended President Donald Trump’s call to bolster coal-fired and nuclear power plants, saying a rash of plant retirements is “alarming” and poses a looming crisis for the nation’s power grid.
Experts disagree and say Trump is attempting to solve a problem that doesn’t exist.
In a speech in Austin, Texas, Perry said coal and nuclear plants “are retiring at an alarming rate that, if unchecked, will threaten our ability to recover from intentional attacks and natural disasters.”
“The president is right to view grid resilience as a serious national security issue,” Perry said at a conference on cybersecurity.
By Ben Sharples
The heat is on in the global coal market.
Prices of Newcastle coal are at the highest level since 2012 after surging 24 percent since mid-April to $112.05 a metric ton on Thursday as China maintains robust demand during unseasonably hot weather. Despite measures imposed by the top user to cool soaring domestic prices, international miners are on a roll after a five-year downturn that shuttered mines and cost jobs.
China’s power producers have been challenged by extreme weather in 2018, from a cold snap in January to a heatwave in May, draining stockpiles. The nation has boosted coal imports by 8.2 percent to 121 million tons in the first five months this year even as policymakers imposed restrictions on some shipments. Australian cargoes bound for China jumped to an all-time high in April.
By Miranda Green
WASHINGTON, DC (April 19, 2018) – The Trump administration is looking into a Cold War-imposed statute to prop up U.S. coal plants, Bloomberg reports.
The administration is considering implementing the 68-year-old Defense Production Act, which was first passed by Congress in the midst of the Korean War as a way to nationalize an energy industry necessary in times of war.
The Trump administration aims to use the same statute to bolster long-struggling coal and nuclear power plants, various sources tell Bloomberg.
By Brett Samuels
WASHINGTON, DC (April 22, 2018) – Environmental Protection Agency (EPA) Administrator Scott Pruitt said Sunday he plans to increase transparency in how the department uses scientific analysis to create rules and regulations.
Pruitt told radio host John Catsimatidis that he’s found much of the research used to create EPA rules comes from third parties.
“One of the things that we’re changing here soon is to say, look, if third parties are used as the basis of rulemaking as we adopt rules, it’s important for the American people to have transparency on the data that was reviewed,” Pruitt said in an interview broadcast Sunday.
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Steve Milloy – Advisor, Necternal
Tuesday, May 15, 2018 ~ 2-3 p.m. Eastern
Interest in accelerating the development and deployment of technologies for CO2 emissions reduction is growing, as is the recognition that the cost of carbon capture and sequestration must be reduced to facilitate meaningful progress. Enhanced oil recovery is one strategy, and there are others such as direct air capture.
Scientific literature discusses the potential for terrestrial or natural carbon capture and sequestration, but ways to accomplish it have been elusive.
A new, next- generation USDA-certified “bio-based” agricultural/lawn care product offers promise. Replacing traditional fertilizers, it addresses environmental challenges caused by long-term use of fertilizers that have resulted in hard, heavily salted soils. It promotes plant growth, reduces water use AND increases soil carbon content. Recent testing showed an increase of soil carbon content of 30 percent in as little as three months.
Join us as Steve Milloy discusses this innovative solution for carbon sequestration and storage and the potential to store huge amounts of CO2 via cropland, farms, turf, aquaculture and timberland.
Register Today: http://www.eiseverywhere.com/334547
There is no charge for members of the American Coal Council, but pre-registration is required.
Non-members may register for a fee of $50.
The American Coal Council submitted comments on April 30, 2018 in response to the Environmental Protection Agency’s proposed rule on Coal Combustion Residuals (CCR) from electric utilities.
ACC’s comments on CCR were made in the broad context of the importance of EPA providing regulatory certainty and clarity and removing barriers or impediments that might cause CCR units to be prematurely closed. Any such premature closures are likely to result in shutting down additional coal generating units. ACC discussed the status of coal plant retirements, including those attributed to previous EPA regulations and policies, and the need to retain the remaining U.S. coal fleet.
ACC’s comments urged EPA to proceed quickly to extend CCR rule compliance deadlines and adopt changes prompted by the WIIN Act legislation, and not to include boron in Appendix IV.
OSMRE is Now Accepting Nominations for the 2018 Excellence in Surface Coal Mining Reclamation Awards
WASHINGTON, DC (Feb. 20, 2018) – The Excellence in Surface Coal Mining Reclamation Awards are presented to coal mining companies that achieve the most exemplary coal mine reclamation in the nation. Past winners have demonstrated a commitment to sound mining practices and effective reclamation plans that enhanced beneficial post-mining use of the land. OSMRE has honored high quality coal mine land reclamation since 1986.
Award winners are recognized for developing innovative reclamation techniques or who have completed reclamation that resulted in outstanding on-the-ground performance. The awards program is designed to help state and Federal regulators transfer outstanding reclamation methods and techniques from award-winning operations to other coal mine operators who work under the Surface Mining Law nationwide.
Coal companies, regulatory authorities, state or Federal mine inspectors, interest groups, or landowners may submit nominations. Company officials and employees may nominate their own operations.
View previous Excellence in Surface Coal Mining Reclamation Awards Winners.
A coal mining operation may be nominated for achievement in a specific aspect of reclamation, or for overall performance in meeting goals of the Surface Mining Law. All nominations should include on-the-ground results for however long the results have been in place. For example, a nomination for stream restoration should include several years of water quality monitoring data.
Good Neighbor Awards
Good Neighbor Awards are given to mine operators for successfully working with the surrounding land owners and the community while completing mining and reclamation. Nominations for this category should briefly describe the mining and reclamation operation (using both narrative and photos), and include testimonial letters and/or other documentation of a successful good neighbor policy.
CALL FOR NOMINATIONS
Electronic nominations are due to the appropriate regulatory authorities or the Office of Surface Mining Reclamation and Enforcement (OSMRE) field office in non-primacy states by May 30, 2018.
Nominations will be screened by the regulatory authority (RA) points of contact for each coal-producing state or tribe. The RA will forward the best entries (a maximum of four National Awards, and two Good Neighbor Awards from each state), to the OSMRE field offices. Field offices will evaluate and forward the nominations to the OSMRE Headquarters in Washington, D.C., for judging in Summer 2018.
Questions about the awards should be e-mailed to Chris Holmes (email@example.com).
For more information: http:/www.osmre.gov/programs/awards/ActiveMineAwards.shtm …
By Jim Levesque
Houston (Feb. 28, 2018) – US coal carload volumes totaled 85,600 in the week ended February 24, down 2.7% from the previous week but up 0.9% from the year-ago week, the Association of American Railroads said Wednesday.
The total marked the first year-over-year increase in weekly volumes of 2018.
Cumulative volumes the first eight weeks of 2018 are down by 4.5%, or 31,000 carloads, from the same period a year ago.
Canadian railroads – which include the US operations of Canadian National, which serves several mines in the Illinois Basin, and Canadian Pacific – saw originations fall to 5,520 coal carloads, down 15.4% from the previous week and down 14% from the same week last year.
Canadian coal volumes year to date have slipped 3% from the same 2017 period.