The analysis evaluates the economic competitiveness of
the coal generators in the 2016 operational coal fleet compared to current resource alternatives.
The opportunity for the purchase was presented by a confluence of events — the Fukushima nuclear disaster last year, the generous support for brown
coal generators in the government's carbon pricing package, which will see Loy Yang A alone get more than $ 1.2 billion in cash payments and free permits, and the anticipated sharp cost increases for NSW black coal generators as their subsidized source of coal comes to an end.
Fukushima presented an opportunity for AGL Energy because it meant that Tepco, the plant's operator, was no longer in a position to invest in Loy Yang A and was a distressed seller of its one third stake in Loy Yang A. AGL Energy, which already had a 32.5 per cent stake in the plant, says Loy Yang A will remain one of the lowest cost generators in the NEM because of cheap coal at the doorstep — it pays just $ 6 / t for brown coal, which would give it a massive advantage over black
coal generators in NSW, which are facing costs of $ 45 / t and will go higher in future years.
In raw numbers, here's what the electric power industry's abandonment of coal looks like: This year, 24 coal - fired electricity generators at 14 power plants in 11 states are expected to shut down, followed by another 22
coal generators in 2018, according to
The impact «has been so profound, and wholesale prices pushed down so low, that few
coal generators in Australia made a profit last year.»
** Excluding those that are already announced to retire, as well as Gainesville Regional Utilities» Deerhaven plant, which is not listed as
a coal generator in the database used by UCS.
Not exact matches
Perry has repeatedly said that storing fuel on site makes
coal and nuclear plants less prone to shutdowns than other power
generators in the event of disasters and attacks.
So we asked
in our research: What would happen if current low natural gas prices or pollution control policies caused all US
coal - burning power plants to be replaced by natural gas
generators?
Coal prices in general were driven even lower in 2016 due to low natural gas prices and warmer - than - usual winter temperatures that cut down demand for coal as an electricity generator, according to the U.S. Energy Information Administrat
Coal prices
in general were driven even lower
in 2016 due to low natural gas prices and warmer - than - usual winter temperatures that cut down demand for
coal as an electricity generator, according to the U.S. Energy Information Administrat
coal as an electricity
generator, according to the U.S. Energy Information Administration.
Cheap power often means dirty power, and
in China, miners draw on low - cost
coal and hydroelectric
generators.
In response, several PPA holders terminated their agreements with coal - fired power generators, citing a provision in the terms of the original PPA legislation that allows buyers to end their contracts if a change of law makes the agreement «unprofitable or more unprofitable.&raqu
In response, several PPA holders terminated their agreements with
coal - fired power
generators, citing a provision
in the terms of the original PPA legislation that allows buyers to end their contracts if a change of law makes the agreement «unprofitable or more unprofitable.&raqu
in the terms of the original PPA legislation that allows buyers to end their contracts if a change of law makes the agreement «unprofitable or more unprofitable.»
FERC approved the sale of two
coal - fired power plants
in New York on the same day Gov. Andrew Cuomo vowed the
generators would «transition» away from
coal.
It was extremely discouraging to me when an official from the City of Niagara Falls seemed to promote the closing specific power
generators, like this clean
coal facility
in Somerset, putting hundreds of hard working men and women out of work.
China has greatly expanded its
coal - burning capacity
in the past decade, but it has also recently become the world's largest
generator of solar and wind energy.
The model produces different jobs and growth projections for a business - as - usual scenario with no technology breakthroughs or major new policies, and then generates different outcomes by factoring
in new policies such as a national clean energy standards such as proposed by President Obama; increases
in corporate average fuel economy standards; tougher environmental controls on
coal - fired power
generators; extended investment and production tax credits for clean energy sources and an expanded federal energy loan guarantee program.
In the latest round of federal elections, the governing Labor Party promised to implement power plant emissions standards and carbon capture requirements for new
coal - burning
generators.
Pahle, whose results appear
in Energy Policy (DOI: 10.1016 / j.enpol.2011.01.027), says that the mistake
in 2005 was to allocate permits according to demand from existing technology, which meant
coal - fired
generators got the lion's share.
PurGen would transform raw
coal into cleaner - burning hydrogen and fire its
generators with that instead,
in a process that would also yield valuable by - products.
A new Chinese law requires power grid operators to buy all the electricity produced by renewable energy
generators,
in a move that will increase the proportion of energy that comes from renewable sources
in coal - dependent China.
That will make it harder for those
generators serving western states to justify new investments
in coal - fired facilities.
Set
in a Steampunk version of the 1800s with everything having gone to an iced - over hell due to a sudden ice age which somehow snuck up on humanity people have decided to leave the cities
in order to found new homes using large
generators, massive machines that burn
coal to provide some warmth amidst conditions reaching -70 c.
A shortage of the
coal needed to power your towering
generator might just push you into signing a law that allows child labour, even
in dangerous jobs where death can occur.
We can't tell Americans, «you have to buy electric cars, you can't live on the Outer Banks
in NC, shut down all these
coal generators, and leave Britney Spears alone».
Privately owned
coal generators such as Homer City Generation
in Pennsylvania have already gone bankrupt, and large
generators such as FirstEnergy's merchant generation subsidiary are now facing bankruptcy.
Electric power
generators bought just 10.2 million short tons of CAPP
coal under short - term contracts
in 2011, based on preliminary estimates from EIA.
Ripe for Retirement: The Case for Closing America's Costliest
Coal Plants As many as 353 coal - fired power generators in 31 states — representing up to 59 GW of power capacity — are no longer economically viable compared with cleaner, more affordable energy sour
Coal Plants As many as 353
coal - fired power generators in 31 states — representing up to 59 GW of power capacity — are no longer economically viable compared with cleaner, more affordable energy sour
coal - fired power
generators in 31 states — representing up to 59 GW of power capacity — are no longer economically viable compared with cleaner, more affordable energy sources.
Some
generators use mark - to - market valuations — assessments of the current price for CAPP
coal versus the current price for electric power —
in making decisions regarding which generating units to dispatch.
Power
generators are turning away from
coal for a host of reasons:
In some instances natural gas is cheaper; many states are requiring utilities to generate a certain portion of electricity from renewable resources; individual cities (and even an entire Canadian province) have decided to stop purchasing electricity created by burning
coal; and new Environmental Protection Agency regulations are making it more expensive and less economical to use
coal plants.
With the benchmark price having fallen 86 % from its peak
in 2006,
coal generators, with their much lower fuel costs, have little trouble competing with gas.
Germany is building and opening 10 new
coal plants (7,285 MW)
in the next two years bringing their hard
coal generation capacity to over 32,000 MW, which is (ironically) close to the total generating capacity of all Ontario
generators.
Recently, with natural gas prices declining and
coal prices rising, dispatching natural gas
generators in some parts of the country has become increasingly competitive with running
coal generators.
In January, FERC, an independent regulatory government agency that is officially organized as part of the Department of Energy (DOE), thwarted a DOE proposal to require independent system operators and regional transmission organizations to establish «just and reasonable» rates for resilient and reliable plants, such as
coal and nuclear baseload
generators.
But some of the country's cheapest
coal generators are also
in Inner Mongolia, pricing the wind farms out of the power market.
BEIJING (Reuters)- A new Chinese law requires power grid operators to buy all the electricity produced by renewable energy
generators,
in a move that will increase the proportion of energy that comes from renewable sources
in coal - dependent China.
In fact in all ten cases the evidence comes from primary sources, such as ExxonMobil's annual accounts and a leaked document from the Intermountain Rural Electric Association, which shows that one of the programme's contributors has been paid $ 100,000 by that organisation alone to produce arguments beneficial to coal - fired power generators (3
In fact
in all ten cases the evidence comes from primary sources, such as ExxonMobil's annual accounts and a leaked document from the Intermountain Rural Electric Association, which shows that one of the programme's contributors has been paid $ 100,000 by that organisation alone to produce arguments beneficial to coal - fired power generators (3
in all ten cases the evidence comes from primary sources, such as ExxonMobil's annual accounts and a leaked document from the Intermountain Rural Electric Association, which shows that one of the programme's contributors has been paid $ 100,000 by that organisation alone to produce arguments beneficial to
coal - fired power
generators (3).
The results showed fossil fuel
generators,
in the same periods when wind turbines had been operating, fluctuated their output to match demand but did not reduce their rate of
coal consumption.
China Huaneng Group, the largest power
generator in China, and California - based Calera Corp., agreed to develop a 1,200 - megawatt power plant and adjacent
coal mine
in China's Inner Mongolia.
«The danger is that this continues to send the message that solar power is worth less than electricity sourced from a distant
coal - fired
generator,» he wrote
in a note to clients.
In 2009, 53 % of the operating
coal - fired capacity (or 27 % of
coal - fired
generators) had scrubbers.
Stanwell said it is looking forward to the removal of the carbon tax, which it said cost $ 355 million
in its first year (state owned black
coal generators did not get compensation).
Stanwell Corp, the Queensland government owned electricity
generator, has failed to make any money
in the past year from its 4,000 MW of
coal and gas fired generation because rooftop solar has taken away demand and pushed down wholesale electricity prices.
The June 16 edition of Today
in Energy examined the wide age range of electric power
generators for all fuels; today's article looks specifically at
coal - fired
generators.
And
in the past few weeks, investment banks such as UBS, along with Macquarie Group and Deutsche Bank have all noted how the solar industry is reframing energy markets
in Europe, and beyond, and turning once profitable
coal and gas fired
generators into marginal businesses, and forcing many to close or to embrace a more rapid change to renewables and distributed generation.
In contrast, coke - fired
generators tend to run at higher capacity factors and may burn a mix of petroleum coke and
coal.
During 2012, particularly
in the spring and early summer, low natural gas prices led to competition between natural gas - and
coal - fired electric power
generators.
When they replace our
coal power with with junk wind and solar there is a really good chance our ACs won't work, unless we all put
in fossil fuel powered
generators.
The current downward trend
in coal - fired generation began
in 2007, when increased U.S. production of natural gas (particularly from shale) led to a sustained downward shift
in natural gas spot prices and increased generation from natural gas - fired
generators.
Our membership is comprised of major industries — electricity
generators,
coal producers, railroads, barge operators, and equipment manufacturers — involved
in generating electricity from
coal.
Can you see the health of the trees around
coal - powered
generators 1000ppm CO2 and compare with the health of trees
in the desert.
Already, the impact of reduced demand, growing renewables, and rooftop solar, is causing a decline
in output
in coal generation, bringing capacity factors down sharply, particularly for black
coal generators.