From the Casper Star-Tribune Arch Coal, owner of the mammoth Black Thunder mine outside Wright, increased profits last year, and officials expect production in the Powder River Basin to remain stable in 2018. One of the three large coal companies in Wyoming to file for Chapter 11 during the downturn, Arch made $2.3 billion in revenue its first full year
“We believe, if you look into the second half of this century, maybe half of the energy system may be renewables. The bulk of it is going to be solar, with wind being in very important niche markets here and there. So if you want to play in the non-oil-and-gas part of the energy system—which may be the biggest part
From Transport & Environment A report by two respected climate scientists says the EU’s plans for natural gas as an energy source are incompatible with its commitment to the 2015 Paris climate accord. The report’s authors say Europe has just nine years left to burn fossil fuels at the current rate if global temperatures are to stay below a 2°C
For coal the damage is already done, plants are switching to natural gas Today U.S. Environmental Protection Agency (EPA) Administrator Scott Pruitt issued a Notice of Proposed Rulemaking (NPRM) that proposes to repeal the prior administration’s Clean Power Plan (CPP). “After reviewing the CPP, EPA has proposed to determine that the Obama-era regulation exceeds the Agency’s statutory authority,” the agency
“…defendants continue to engage in massive fossil fuel production. They also continue to promote fossil fuels, and have developed multi-decade future business plans based upon increased fossil fuel usage even as global warming has progressed into a severe danger zone…” – San Francisco City Attorney It was kind of a ‘say what?’ moment that emerged from the San Francisco Bay area
U.S. responsible for 40% of the world’s new gas production by 2022: IEA A report by the EIA indicated that coal exports—for both steam coal, used for power generation, and metallurgical coal, used for refining steel—have increased by 58% from Q1 of 2016 to Q1 of 2017. The majority of the increase was in steam coal, which grew by 6
Gas pipelines critical to get gas to Florida – state added 3.4 GW of gas-fired power since 2016, another 3.9 GW coming in next 6 years The retirement of older coal and oil-fired power plants in the state has instigated the need for new natural gas generation capacity and, because Florida lacks the appropriate geology for underground natural gas storage,
Pending acquisition will result in combined assets of $22 billion (EDITOR’S NOTE: Canadian dollars unless otherwise noted.) AltaGas Ltd. (ticker: ALA) today reported that normalized EBITDA in the first quarter of 2017 increased $50 million to $228 million, compared to the same quarter in 2016. Normalized funds from operations were $170 million ($1.01 per share) for the first quarter of
Re-Regulation, Diverse Portfolio Standards Possible Solutions A study released today found states around the country are continuing to advance innovative strategies aimed at keeping coal and nuclear power plants online in organized markets despite stiff challenges in federal court and at the Federal Energy Regulatory Commission. Natural gas-fired power plants are also at risk of closure and bankruptcy in organized markets, the
Coal Expected to Outstrip Gas for Electricity Burn this Winter EIA’s November Short-Term Energy Outlook (STEO) is currently predicting that the share of U.S. electricity fueled by coal will begin growing, compared to last year. The share of generation from natural gas is expected to decline year over year, lower than coal in the months of December, January, and February. This prediction
Companies increasingly look more to lower priced wind and natural gas From The Gazette CEDAR RAPIDS — South of Alliant Energy’s Prairie Creek Generation Station on the city’s southwest side sits a mound of coal — enough to supply the Cedar Rapids power plant for about three months. Ultra-low-sulfur coal is shipped regularly from Wyoming to the 3300 C St.
From Power Magazine A group of generators including Dynegy and NRG Energy filed suit in federal court on October 19 seeking to block an incentive program that would help three New York nuclear power plants remain economic over the next decade. An August decision by the New York Public Service Commission (PSC) approving New York’s Clean Energy Standard included a provision requiring the state’s investor-owned
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