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Thursday, 31 October 19
U.S. COAL-FIRED POWER PLANTS SCHEDULED TO SHUT - REUTERS
 U.S. power companies expect to retire or convert from coal to gas over 13,800 megawatts (MW) of coal-fired plants in 2019 after shutting over 13,300 MW in 2018, according to U.S. Energy Information Administration (EIA) and Thomson Reuters data.
The number of megawatts retired in 2018 was the second highest in a year behind 2015 when generators shut over 19,000 MW. One megawatt can power about 1,000 U.S. homes.
U.S. coal power capacity peaked around 317,400 MW in 2011, according to EIA data. It has declined every year since and was down to around 244,000 MW by the end of 2018. The total generating capacity in the United States – including coal, natural gas, renewables and nuclear – was almost 1.1 million MW in 2018.
Cheap gas from record shale production and rising use of renewable sources of power have kept electric prices low in recent years, making it uneconomic for generators to continue operating older, less efficient coal plants, especially if they need upgrades to meet increasingly strict federal and state environmental rules.
Coal had been the primary fuel for U.S. power plants for much of the last century, but its use has been declining since peaking in 2007. That was around the same time drillers figured out how to economically pull gas out of shale formations.
Gas overtook coal as the leading fuel for U.S. power plants in 2016, according to federal data, and has held that title ever since.
It takes roughly 175 million cubic feet of gas per day of gas to generate about 1,000 MW.
Source: Reuters
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Saturday, 09 May 20
ANGLO AMERICAN CONSIDERS SPINNING OFF SOUTH AFRICAN COAL OPERATIONS - REUTERS
Diversified miner Anglo American said on Thursday it prefers unbundling and listing its thermal coal operations in South Africa on the Johannesburg ...
Friday, 08 May 20
THE COLLAPSE OF THE OIL AND BUNKER FUEL MARKETS IN EARLY 2020 - PETER SAND
The sulphur regulation from the International Maritime Organization (IMO) that came into force on 1 January 2020 took the centre stage in the shipp ...
Friday, 08 May 20
LNG DEMAND FACED SEVERAL HEADWINDS IN THE FIRST QUARTER OF 2020 - GASLOG
LNG demand faced several headwinds in the first quarter of 2020 including a warmer than average winter in the northern hemisphere, high inventory l ...
Thursday, 07 May 20
IEEFA UPDATE: THE OUTLOOK FOR THERMAL COAL IN SOUTHEAST ASIA AND SOUTH ASIA
Seven headwinds are building to sustained growth in coal in Asia
The medium term outlook for thermal coal in Southeast Asia is posit ...
Thursday, 07 May 20
IMO 2020: BUNKER CLAIMS HANDLING GUIDE FOR A NEW DECADE - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
IMO 2020 is the term generally used to describe the following regulations under Annex VI of the International Convention ...
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- Madhucon Powers Ltd - India
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- Romanian Commodities Exchange
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- PNOC Exploration Corporation - Philippines
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- New Zealand Coal & Carbon
- White Energy Company Limited
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- Chamber of Mines of South Africa
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- Medco Energi Mining Internasional
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- Port Waratah Coal Services - Australia
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- Energy Link Ltd, New Zealand
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- Eastern Coal Council - USA
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- Malabar Cements Ltd - India
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- Posco Energy - South Korea
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- Ministry of Transport, Egypt
- Planning Commission, India
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- Orica Australia Pty. Ltd.
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- India Bulls Power Limited - India
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- Metalloyd Limited - United Kingdom
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- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
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- Commonwealth Bank - Australia
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- Australian Commodity Traders Exchange
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