For example, higher
coal prices due to carbon taxing will lead cost - minimizing power grids to more heavily dispatch lower - emitting natural gas power plants in the short run, and to switch increasingly to zero - carbon wind and solar generation over time.
For example, there was a rapid increase in US
coal prices due to rising global demand before 2008, then a rapid fall after 2008 when global demands declined [23].
Not exact matches
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.
The
coal miner has been hurt as the world has turned to more environmentally - friendly energy sources such as natural gas — a trend that has accelerated in the last few years as gas
prices have come down substantially
due to surging supply from the U.S. fracking boom.
The company says the decrease in its adjusted profit was
due primarily to lower
prices and sales volumes in its steelmaking
coal business compared with a year ago.
Domestic
coal mines are being shuttered
due to tumbling
coal prices.
The largest US
coal producer, for one, lost more than US$ 500 million last year
due to falling
prices.
A slowdown in the growth of China's
coal demand,
due to more tepid economic growth and fuel substitution, has sent the
prices that Australia fetches for its thermal
coal plunging from US$ 125 a tonne in early 2012 to around US$ 70 a tonne.
Last year, that commodity contributed 53 % of its gross profit and it supplied nearly 75 % of the total during the first quarter of 2017
due to a spike in steelmaking
coal prices.
Those
price differences have widened in recent months
due to supply disruptions that pushed the
price of steelmaking
coal up over $ 300 per ton even as thermal
coal prices where Alliance produces have remained around $ 50 per ton.
Coal had made me money but companies in the industry had fallen on hard times
due to low natural gas
prices and environmental regulations.
Segal said he disagrees that new
coal - fired generation will become obsolete
due to market forces alone, citing utilities» interest in maintaining a diverse fuel mix to hedge against
price fluctuations.
As Jiang explained, the efficiency of
coal conversion technologies remains low, and
coal - derived liquid fuels or
coal - based synthetic gas have lost their
price advantage
due to falling
prices for conventional energy sources.
Very few
coal - fired power plants are expected to be built in the future,
due to the abundance and low
price of natural gas.
Natural gas also plays a growing role
due to lower natural gas
prices and relatively low capital construction costs that make it more attractive than
coal.
Coal, like all fossil fuels, is a finite commodity, expected to cost more in the future in both commodity
prices and operational expenses,
due to new specifications for better scrubbers.
The decline in
coal - related emissions is
due mainly to utilities using less
coal for electricity generation as they burned more low -
priced natural gas.
The U.S. government forecasters at EIA expect that U.S.
coal exports will fall back to about 110 million tons per year over the next two years,
due to economic weakness in Europe, falling international
prices, and competition from other
coal - exporting countries.
A decline in
coal - fired electricity generation,
due largely to historically low natural gas
prices
Coal companies have lost more than 90 percent of their value since the global coal bubble in 2011, and many companies have declared bankruptcy due to collapsing demand, oversupply on the international market, cheap natural gas prices, and new environmental regulati
Coal companies have lost more than 90 percent of their value since the global
coal bubble in 2011, and many companies have declared bankruptcy due to collapsing demand, oversupply on the international market, cheap natural gas prices, and new environmental regulati
coal bubble in 2011, and many companies have declared bankruptcy
due to collapsing demand, oversupply on the international market, cheap natural gas
prices, and new environmental regulations.
There was some bad news for Drax recently as the UK government decided that biomass subsidies would not keep climbing as the «carbon
price floor» — levied on fossil fuel production (and
due to rise further)-- on electricity consumption has caused a backlash from manufacturers, consumer groups and energy suppliers who are concerned that the «tax will push up
prices, make the UK uncompetitive and force the premature closure of
coal - fired power plants, increasing the risk of blackouts.»
[29] For the first quarter of 2011 Peabody reported their quarterly profits were up 32 %
due to higher
coal prices.
At a time at which U.S. dependence on
coal is decreasing (
due to increased supplies of unconventional natural gas and hence lower gas
prices), China continues to rely on
coal, but is very concerned about this, partly because of localized health impacts of particulates and other pollutants.
Last year the Energy Information Administration noted that the «decline in
coal - related emissions is
due mainly to utilities using less
coal for electricity generation as they burned more low -
priced natural gas.»
Q: The
coal industry has faced depressed
prices over the last several years — what impact have you seen on the market
due to that (focus on Africa)-- potential supply side deficit / inability...
They are now paying the economic scarcity penalty and see rising
prices due to
coal transportation costs from elsewhere.
In the UK alone
coal's share of generation fell to just 9 % in 2016 (a historic low),
due to the closure of three plants last year mainly caused by the introduction of a carbon
price floor.
Gas is in the money compared to
coal,
due to a combination of tougher EU - level emissions standards for
coal, rising carbon
prices and fuel
price levels leading to favourable economic terms for electricity production from gas.
In the United States,
coal's dominance in the power sector has been eroded by low gas
prices; in China,
coal demand has fallen
due to lower use in the industrial and residential sectors linked to efforts to improve air quality; while in the United Kingdom a recently introduced carbon
price floor has rung the death knell for
coal use in power generation.
The firm
prices are
due to robust use in India, Japan, South Korea and even China, where
coal consumption has held up despite huge programs to boost the use of gas and renewable energy.
And in December 2011, an unusual amount of gas was burned instead of
coal due to low gas
prices.
This was in part
due to steady declines in
coal prices, which have declined by more than 50 percent since 2011, as well as an instance where local women and children formed a human blockade around its La Francia
coal mine.
Coal producers say they are scaling back operations and laying off thousands of workers due to fierce competition from natural gas, falling coal prices and tougher power plant regulati
Coal producers say they are scaling back operations and laying off thousands of workers
due to fierce competition from natural gas, falling
coal prices and tougher power plant regulati
coal prices and tougher power plant regulations.
However, the collapse of high natural gas and oil
prices due to the recession resulted in a rethink of «peak oil», and hence lower CO2 sales
prices for EOR, and also of the need for a «dash for
coal».
The claim that the undeveloped countries will buy gobs of
coal, causing the
price to skyrocket
due to supply & demand, is sort of silly.
Canyonguy is correct that there are other sources for
coal and the reduction in
coal burning
due to the
price impact of western
coal exports is fairly small, although not negligible.
Natural gas generation fell further than
coal despite a net addition of 5.9 GW of new gas generation capacity,
due to higher gas
prices earlier in the year.
As power demand growth slows from a historical average of 10 % to 3 % or less per year, the
coal capacity in the pipeline, as well as some existing
coal capacity, risks becoming stranded
due to low carbon capacity targets, ongoing reforms in the power sector and carbon
pricing.
Vast quantities of
coal — proven to exist — remain in the ground — but not included on the reserve tally because they are not economically recoverable at current
prices — in part
due to the availability of oil and natural gas.
Victoria normally has the lowest average wholesale spot
prices due to their brown
coal capacity, but that's not the case at the moment.