Tag Archives for energy
By William F. Shughart II
The Kemper County, Miss., power plant, once heralded as the future of clean coal, has become the poster child for its struggles.
Over-budget and mired in technical problems, the Southern Company, Kemper’s builder, recently announced that it’s giving up on the plant’s advanced coal-gasification systems. Instead, the plant will be powered solely by natural gas.
Renewable energy advocates and climate hawks had been expecting the announcement for months and reacted with predictable derision and high-fiving. But their gloating is foolish.
By Dan Byers
US Chamber of Commerce
The War on Coal is well and truly over, but a peculiar debate over its impact lingers on. Revisionist history is central to this debate, with some folks now suggesting that the coal industry was never in a two-front struggle against both a regulatory onslaught and cheap natural gas. Instead, they argue, it was a one-front war against natural gas all along. President Obama may have marshalled his regulatory agencies for battle, but who knew they were firing blanks?
Those companies have since restructured, wiping away billions in debt in the process. And the overstock of coal has largely burned down.
Wyoming companies, energy experts and environmentalists agree that a new normal has set in for coal in Wyoming, where companies are operating at lower costs and producing less coal with fewer miners. It is a time for tightening belts and operating efficiently, not expanding.
Coal exports for the first quarter of 2017 were 58% higher than in the same quarter last year, with steam coal exports increasing by 6 million short tons (MMst) and metallurgical coal exports increasing by 2 MMst. Most of these exports were shipped from Atlantic Coast and Gulf of Mexico ports. In EIA’s most recent Short-Term Energy Outlook (STEO), EIA expects growth in coal exports to slow in the coming months, with total 2017 exports forecast at 72 MMst, 11 MMst (19%) higher than the 2016 level.
CASPER, Wyo. (AP) — Wyoming business leaders are recommending investing a $1.5 million grant in a proposed coal research facility.
The Wyoming Business Council made the recommendation for the grant for a research facility on alternative uses for coal in northeast Wyoming on Thursday.
The area has a coal sector that was hit hard in the industry’s recent downturn. Local and state leaders want to find new ways bring relevancy back to Powder River Basin coal.
The State Loan and Investment Board may approve the grant money at its June 15 meeting. The grant would pay for the cost of the land and construction of a 4,000 square-foot (371.6 square-meter) research lab in Fort Union Industrial Park in Gillette.
By Rep. Liz Cheney (R-WY)
Wyoming is America’s largest coal producing state, mining close to 40 percent of the coal consumed by our nation every year. Common estimates give Wyoming close to 145 billion tons of recoverable coal and 1.4 trillion tons in total coal reserves. This coal is a national treasure.
A coal sector that has spent much of the past eight years criticizing the U.S. Environmental Protection Agency under the Obama administration welcomed an official with the Trump administration at an industry event May 4.
EPA Senior Policy Adviser Mandy Gunasekara said she came to the Eastern Fuel Buyers conference, hosted at the Disney Yacht Club in Orlando, Fla., to answer “eight years of questions” and gather information to take back to Washington, D.C.
Platts – (March 8, 2017) Clearwater, FL — Optimism pervaded the coal industry Wednesday as it gathered at the American Coal Council’s Spring Coal Forum in Clearwater, Florida, as the early days of the Trump administration have brought regulatory relief for an industry struggling to regain its edge. Early signs of the Trump administration’s focus on energy-related regulations have been positive for the industry, including a bill signed last month that eliminated the Stream Protection Rule, as well as executive orders on other energy-related issues, said Michael Nasi, a partner with Jackson Walker, a Dallas-based environmental law firm. Doing nothing in terms of federal intervention would be a major change for the industry compared with the Obama administration, which issued 57 federal implement plans over eight years. The FIPs are typically reserved for extraordinary circumstances under the Clean Air Act, which attempted to give more control to the states. “If all the president does is to stop doing [regulations] like this, he’s going to do an amazing job,” Nasi said.
WASHINGTON, DC (March 28, 2017)– With the signing of an Executive Order, President Trump delivered on his pledge to help coal by lifting energy restrictions and canceling job-killing regulations. The remarks by President Trump and key members of his cabinet warmly acknowledged the contributions of our nation’s coal miners. They pledged to level the playing field and eliminate federal overreach.
President Trump called for an immediate re-evaluation of the “so-called” Clean Power Plan and a lifting of the ban on (federal) coal leasing.
By Lauren Blair
Craig (January 20, 2017) — The Collom expansion at Colowyo Coal Mine received final approval from federal officials, according to a press release from Tri-State Generation & Transmission, Inc.
The expansion adds 28 acres to current federal coal leases and will give the mine access to another 79 million tons of federal coal. In turn, it helps secure Colowyo’s 220 jobs for at least another two decades.
“Given the shortfalls that the county is facing, anytime we get news like this, it may only be a portion of the pie, but it’s a huge portion,” said Moffat County Commissioner and former Craig Mayor Ray Beck. “We know this won’t only impact our budget, but it will impact the local economy and local business.”