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Monday, 30 August 21
68% OF U.S. COAL FLEET RETIREMENTS SINCE 2011 WERE PLANTS FUELED BY BITUMINOUS COAL - EIA
 In 2011, the United States had 317.6 gigawatts (GW) of coal-fired electric generation capacity. About 88.7 GW of that capacity was retired in the decade that followed. Units fired by bituminous coal accounted for the largest share of retired capacity, at 68%.
Coal is classified into different types, or ranks. The two coal types most commonly used in U.S. coal-fired power plants are bituminous and subbituminous coal.
Generating units that burn bituminous coal were generally older and smaller, leading to more of them retiring than units fueled by subbituminous coal, particularly from 2011 to 2015.
The lower delivered price for subbituminous coal (because of more cost-effective mining practices) also makes coal plants that use it more economically competitive than bituminous coal-fired plants. In 2019, the delivered price of subbituminous coal was $1.86 per million British thermal units (MMBtu), compared with $2.26/MMBtu for bituminous coal.
Another important factor in coal capacity retirements is the degree of competition from other electricity generation sources in the regions where the plants operate.
Bituminous coal is predominantly mined in the Appalachian Basin and Illinois Basin; it’s the primary coal type used in coal plants in the northeast and southeast regions of the United States. However, many of these plants sourced their coal from mines in Appalachia, which quickly became uneconomical following the increase in natural gas production in the nearby Marcellus and Utica shale gas fields.
To take advantage of their proximity to expansive natural gas supply, producers built a large amount of natural gas-fired capacity in Pennsylvania and Ohio on top of the Marcellus and Utica shales. Of the 93.5 GW of natural gas capacity built in the United States from 2011 to 2020, 14.3 GW is located in Pennsylvania and Ohio. The build-out of natural gas capacity added to the economic advantage of natural gas, driving bituminous coal-fired plant retirements. Bituminous coal-fired capacity retirements in Ohio and Pennsylvania accounted for 20% of all coal retirements between 2011 and 2020.
Even with lower fuel prices, subbituminous coal-fired units are also retiring because of increased competition from natural gas and renewable sources. Subbituminous coal, primarily mined in Wyoming, is the dominant coal type used in the central part of the United States. Although coal-fired generation encounters less competition from natural gas in the central part of the country, the rapid growth of wind capacity in the central United States since 2011 has taken market share away from power plants using subbituminous coal.
Source: EIA
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Wednesday, 08 September 21
MARKET INSIGHT - INTERMODAL
Last August was extremely hot in the dry bulk market with rates rising at levels that we have years to witness. The dry bulk index exceeded the 4,0 ...
Wednesday, 01 September 21
KOMIPO TO BUY 1.56 MILLION TONS OF 5600 NAR COAL OF AUSTRALIA OR SOUTH AFRICAN ORIGIN FOR 2022 - 2024
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used a ...
Wednesday, 01 September 21
MARKET INSIGHT - INTERMODAL
As the summer season is coming to an end, the dry bulk market continues to rally. The confidence that the outstanding freight market performance ha ...
Friday, 27 August 21
ALL YOU NEED TO KNOW ABOUT COAL'S MASSIVE RALLY AND NEAR-TERM OUTLOOK - CNBCTV18
Australia’s thermal coal at Newcastle Port, the benchmark for the vast Asian market, has surged over 100 percent this year to trade above $16 ...
Friday, 27 August 21
THE ECONOMICS OF INDONESIA’S DIESEL POWER PLANT TO GAS CONVERSION PLAN ARE PROBLEMATIC - IEEFA
Deploying new small-scale LNG is an uphill battle for PGN
Indonesian gas is currently in a precarious position, where the government needs to ...
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- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Parliament of New Zealand
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- SMC Global Power, Philippines
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- Eastern Coal Council - USA
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- India Bulls Power Limited - India
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- Directorate General of MIneral and Coal - Indonesia
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- Videocon Industries ltd - India
- Baramulti Group, Indonesia
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- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
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- TeaM Sual Corporation - Philippines
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- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
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- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
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- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
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- Attock Cement Pakistan Limited
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- Star Paper Mills Limited - India
- MS Steel International - UAE
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- AsiaOL BioFuels Corp., Philippines
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- South Luzon Thermal Energy Corporation
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Wilmar Investment Holdings
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- White Energy Company Limited
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- Bulk Trading Sa - Switzerland
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- Sical Logistics Limited - India
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- Bukit Makmur.PT - Indonesia
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- Thiess Contractors Indonesia
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- Heidelberg Cement - Germany
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- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
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- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
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- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
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- Directorate Of Revenue Intelligence - India
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- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
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- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Planning Commission, India
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- Petron Corporation, Philippines
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- Ministry of Transport, Egypt
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- Aboitiz Power Corporation - Philippines
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- IHS Mccloskey Coal Group - USA
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- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
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