Category Archives for Marketplace Information

Information on the coal market place.

The true cost of wind power

Here is another article that looks at the true costs of generating electricity from wind. As I have noted in many previous Coalblog posts, we consistently hear how wind generation has achievedcost parity” with fossil fuels. However, a closer look at the actual costs involved reveal a much different story, with wind power coming in at an estimated $149 / MWh.

Over the past 35 years, wind energy – which supplied just 4.4% of US electricity in 2014 – has received US$30 billion in federal subsidies and grants. These subsidies shield people from the uncomfortable truth of just how much wind power actually costs and transfer money from average taxpayers to wealthy wind farm owners, many of which are units of foreign companies. …

16. April 2015 by Jason Hayes
Categories: Energy, Marketplace Information, Power Generation | Tags: , , , | Leave a comment

American Coal vs. The EPA

Interesting discussion on FOX Business channel. Tom Borelli and John Pippy, CEO of the Pennsylvania Coal Alliance discuss the “fundamental transformation” of American energy production.

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16. April 2015 by Jason Hayes
Categories: Energy, Environment, EPA, Marketplace Information, Mining, Policy, Power Generation, Regulation, Utilities | Tags: , , , , , | Leave a comment

Reduced coal sales to China in the next five years?: Don’t count on it

Editor’s note: This guest editorial, prepared by Dennis Drebsky with Nixon Peabody, LLP, takes a decidedly different look at coal use forecasts.  While many energy experts are predicting declines in coal use, Drebsky argues that the sheer size of the Chinese energy market, along with the affordability and reliability of coal, and the Chinese focus on economic development entails a long-term Chinese reliance on coal-based energy.


 

NP_logo_2xBy: Dennis Drebsky, Partner, Nixon Peabody, LLP

China is the world’s largest producer and consumer of coal. However, there have been repeated predictions that China’s use of coal will substantially decline during the next decade due to environmental concerns. That China should be a prime target of these concerns should be no surprise since China produces and consumes almost as much coal as the rest of the world combined. A recent survey found that China accounts for 46 percent of the world’s coal production and 49 percent of consumption.[1] To put this in context, China produces nearly four times as much coal as the second largest producer, the United States. Coal accounts for approximately 70 percent of Chinese energy consumption and this use has held steady, if not increased, during the last 30 years.[2]

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31. March 2015 by Jason Hayes
Categories: Asia, Energy, Environment, Export, Marketplace Information, Power Generation | Tags: , , | Leave a comment

Tom Kiernan, AWEA: Wind will “fall off a cliff” without PTC renewal

Reading EENews.net’s January 26, 2015 interview with the CEO of the American Wind Energy Association is an eye-opener.

Despite repeated assurances that the U.S. wind industry is “vibrant” and competitive, Tom Kiernan flatly admits that without further extensions of decades worth of government subsidies, the wind industry still could not compete. In fact the industry would (in his words) “fall off a cliff” if the PTC were discontinued.

02. February 2015 by Jason Hayes
Categories: Energy, Jobs, Marketplace Information, Policy, Power Generation, Regulation, Utilities | Tags: , , | Comments Off on Tom Kiernan, AWEA: Wind will “fall off a cliff” without PTC renewal

Platte River coal plant receives national honor

Congratulations to ACC member company, Platte River Power Authority, for having the Rawhide Energy Station Unit 1 named the “best-utilized U.S. coal-fired power plant” in the nation.

Electric Light & Power (EL&P), ranked the electricity provider’s Rawhide Energy Station Unit 1, a coal-fired power plant, the best-utilized U.S. coal-fired power plant. The plant’s capacity factor in 2013 was 95.9 percent, compared to a national average of 57.6 percent. More than 700 U.S. coal-fired plants were included in the analysis.

Click here to read the full Coloradoan article.

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02. January 2015 by Jason Hayes
Categories: Awards, Good for you, Industry Reports, Marketplace Information, Utilities | Tags: , , | Comments Off on Platte River coal plant receives national honor

New England energy prices ‘skyrocketing’

We have all heard the quotes and predictions before, as elected officials plainly stated that under their plans to restrict carbon-based forms of energy, electricity prices would “necessarily skyrocket.”

As this mid-December NY Times article clearly shows, New Englanders are now dealing with the results of those misguided, anti-energy policies, with some residents of the area seeing their monthly energy bills exploding by 110%. The article also relayed warnings from the New England ISO stating that “pipeline constraints (are) severe and … the reliability of the system would ‘continue to be threatened’ ” through the winter.

02. January 2015 by Jason Hayes
Categories: Energy, Jobs, Marketplace Information, Policy, Power Generation, Regulation | Tags: , , , , | Comments Off on New England energy prices ‘skyrocketing’

Bechtel opens world’s first coal-seam-gas to LNG plant

On December 28th, Bechtel began loading LNG sourced from coal seams at their Queensland Curtis LNG facility.

The QCLNG project connects more than 2,000 onshore wells, which flow into a 335 mile pipeline that moves the gas to the liquefaction facility on Curtis Island. The gas is then chilled to -259.6 degrees Fahrenheit to become a liquid, which makes it 600 times smaller enabling it to be stored and transported in LNG vessels to markets around the world.

Click here to read the full Pennenergy.com article on this development.

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02. January 2015 by Jason Hayes
Categories: Australia, CCT, Energy, Good for you, Industry Reports, Jobs, Marketplace Information, Ports | Tags: , , | Comments Off on Bechtel opens world’s first coal-seam-gas to LNG plant

Alpha cancels WARN notices at WV mines

Some good news for Alpha’s West Virginia mines.

Alpha Natural Resources, Inc. (NYSE: ANR) operating affiliates announce that the WARN notices for eight coal mines in West Virginia have expired and the mines and their approximately 750 workers will continue to operate. The longer-term plans for these mines will continue to depend upon market prices and demand.

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08. December 2014 by Jason Hayes
Categories: Coal Prices, Jobs, Marketplace Information, Mining | Tags: , , , | Comments Off on Alpha cancels WARN notices at WV mines

Coal states brace for plant closures & lost jobs

As the EPA’s anti-coal regulations get nearer to implementation, states that rely on coal for electricity and jobs are bracing for the massive economic and social impacts.

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08. December 2014 by Jason Hayes
Categories: Emissions, Energy, Environment, EPA, Jobs, Marketplace Information, Policy, Regulation | Tags: , , , | Comments Off on Coal states brace for plant closures & lost jobs

Arch Coal comments on EPA’s Clean Power Plan

Arch Coal’s December 1st news release is a poignant reminder about the potential for economic, social, and environmental damage locked into the EPA’s so-called Clean Power Plan. It is well worth it to reprint the majority of this news release here on the Coalblog.

“Already promulgated regulations are expected to drive the shut-down of as much as 20 percent of America’s coal-based fleet, which is the primary source of base-load power generation in the United States,” said Deck S. Slone, Arch’s senior vice president of strategy and public policy. “That’s an unprecedented change to America’s power system in what constitutes the blink of an eye in energy markets – creating enormous potential for market disruptions, supply shortages and rate spikes.”

01. December 2014 by Jason Hayes
Categories: Energy, Environment, EPA, Jobs, Marketplace Information, News Releases, Policy, Power Generation, Regulation | Tags: , , , , , , , | Comments Off on Arch Coal comments on EPA’s Clean Power Plan

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