Tag Archives for markets
Clean coal is essential to America | U.S. Energy Secretary Dan Brouillette
In March of this year, as COVID-19 began its upward climb, the State of Pennsylvania chose to include coal mining among its “essential” activities. This decision presumably didn’t sit well with those wanting to ban coal altogether due to environmental … Continue reading
Never Let the Truth Get in the Way of a Good Story
By America’s Power June 25, 2020 The Union of Concerned Scientists (UCS) released a report falsely accusing electric utilities of harming ratepayers. UCS alleges that harm is caused by utilities deciding on their own when to turn coal-fired electric generating units … Continue reading
Mexico’s President Is Betting Big Against Renewables
By Irina Slav – May 07, 2020, 10:00 AM CDT It sounds like a news report out of yet another dystopian novel: Mexico is halting grid connection for new solar and wind power projects. In a world rushing to produce clean energy, … Continue reading
US FERC Commissioner McNamee won’t seek new term, adding pressure for nominations
Washington — US Federal Energy Regulatory Commission member Bernard McNamee will not seek another term after his expires at the end of June, potentially adding pressure on the White House to advance more nominees to maintain a quorum and a Republican … Continue reading
China pledges to buy more US met coal in Phase 1 trade deal
Singapore — A Phase 1 trade agreement signed between the United States and China on Wednesday saw Beijing pledge to buy more metallurgical coal in the next two years from the US. Read more here.
Coal Use Rises as Renewables Fall in U.S. Electricity Generation
By Ron Patterson Oil Price.com WASHINGTON, DC (October 3, 2018) – EIA released the latest edition of their Electric Power Monthly on September 25th, with data for July 2018. The table above shows the percentage contribution of the main fuel sources to … Continue reading
Analysis: Premium coking coal lifts up, leaves pulverized coal injection behind
London (Platts)–13 Jun 2018 Premium coking coal prices have surged again, boosting their premiums second-tier HCC and PCI. On March 23, the TSI HCC FOB Australia was 2.6% below the premium benchmark, the narrowest gap seen to date this year. … Continue reading
US Coking Coal Prices Gap up on Tightness in Australia Platts
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 … Continue reading
Coal Rallies to Six-Year High as Heatwave Fires Up China Demand
By Ben Sharples Bloomberg 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 … Continue reading
New Dept. of Energy Study Shows True Extent of Coal Mining’s Job and Economic Contribution
By Roger Bezdek, for the U.S. Department of Energy (WASHINGTON) – The U.S. coal industry is distressed, and the fate of U.S. coal mining regions and jobs figured prominently in the 2016 Presidential election. EIA forecasts that coal will continue … Continue reading