Sentences with phrase «coal prices make»

Not exact matches

«This new carbon tax will make almost every single Alberta family poorer, while accelerated plans to shut down coal plants will lead to higher power prices and further jobs losses.»

Its coal volumes have been falling for several years, and the combination of tougher environmental regulations and, in all probability, continued low natural - gas prices make it likely that the decline will persist.

It says its break - even coal price is a commercial secret but it can make a profit even when prices are low.

Last year Banks made an operating profit of 18 million pounds ($ 22 million), down from 27 million pounds the previous year because of a fall in the coal prices.

For shareholders, it made financial sense to get out of the industry a year ago, when mining stocks and coal prices were collapsing.

Cold weather drove up the price of natural gas — making coal look like a more attractive fuel option.

Price difference makes profitable to export cheaper hydro power from the Nordic market to Germany, which relies more on coal and gas to generate power.

Not only that, it would have a cascading effect across the western Canadian economy, with prices for commodities like copper, coking coal (used to make steel girders for apartment blocks) and even energy probably tanking.

Requiring the reduction of carbon emissions will make coal - based energy more costly, while solar and wind technology are expected to be priced more competitively, thereby supporting those alternative energy industries, says Jason Blumberg, chief executive and managing director of Energy Foundry, a Chicago - based cleantech impact venture capital fund.

Many utilities can generate power using either coal or natural gas, so if the latter's price gets cheap enough — typically below $ 4.50 per MCF — power companies will make the switch.

Enmax made the decision to move away from coal when gas prices were still expensive, notes executive vice-president of generation and wholesale energy Dave Rehn.

with carbon pricing and other measures, including eliminating coal - fired power plants, cutting methane emissions from the oil industry, and making cleaner fuels, Canada will still be 90 million tonnes shy of its international emissions targets set in 2015 under the Paris agreement

«Building on Ottawa's earlier commitments to set a national carbon price, establish a clean fuel standard and to phase out traditional coal power, these measures will help Canada make the transition from fossil fuels to clean energy.

Solar pv has dropped 70 % in cost in the last 6 years and has become competitive with coal (which is dropping in price as commodity) making it more and more expensive to get out of the ground.

The impact «has been so profound, and wholesale prices pushed down so low, that few coal generators in Australia made a profit last year.»

Admittedly we are a net importer of oil (increasingly so as Bass Strait reserves diminish), but Australian entities make large exports of natural gas and thermal coal, whose prices are highly correlated with oil prices over time.

Coal had made me money but companies in the industry had fallen on hard times due to low natural gas prices and environmental regulations.

At one point this year, global prices for metallurgical coal (used to make steel) tripled, while prices for thermal coal (used to generate electricity) doubled.

While natural gas is cleaner than coal, the volatility of the price of that fuel makes it risky for consumers, said Thibault.

Rather, there are known supplies of oil, coal and other natural resources whose quantities tend to expand as their prices rise, making it more profitable to explore for new deposits.

Adding a price on carbon emissions at even a «modest» level of $ 25 per ton would make new nuclear energy competitive with coal and natural gas even if the risk premium remains, the MIT study concludes.

Eliminating this financial risk premium makes nuclear power levelized electricity cost competitive with that of coal, and it becomes lower than that of coal when a modest price on carbon dioxide emissions is imposed,» the report says.

Further steps could include pushing for more renewable energy; an aggressive cut in the use of coal and natural gas to make electricity; wider use of electric cars, biofuel, and hydrogen fuel; changes in farming practices; and putting a price on carbon pollution.

By calling for re-energizing CCS development, PCAST is making two judgments: 1) that the coal industry is highly likely to remain competitive even as it complies with EPA restrictions on emissions of SOx, NOx, Hg, and other toxics; and 2) that a substantial price on carbon is highly likely to arrive in a time frame of relevance for a CCS development effort.

Without a level playing field and a steady price on carbon, companies can not assess whether advanced technologies such as «clean coal» power plants or electric vehicles will ever make economic sense.

President - elect Donald Trump has vowed to revive the flagging U.S. coal industry, but a new analysis suggests cheap natural gas and falling prices for wind and solar power mean there are few places where it makes sense to build a new coal - fired power plant.

IIASA Energy Program Director Keywan Riahi explains, «Low oil and gas prices make it harder for coal and renewables to compete.

In the UK, carbon pricing — charging those who emit carbon dioxide — has become much stronger in recent years, making it more profitable for power companies to use natural gas generation rather than coal.

The USA is gradually switching from coal to gas as low gas prices make it favourable to burn, and it could make stronger use of particularly cheap gas since a great deal is produced within the country, but political will at present is still focused on retaining the use of coal.

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Because if coal to liquids was profitable at the present price of oil, we'd be seeing someone open a coal to liquids plant and making a profit based on the difference.

Given that a coal - fired electricity generation plant produces about 1 ton of carbon dioxide per megawatt hour, Borenstein estimated that the price of greenhouse gas reductions would have to range from about $ 150 to $ 500 per ton of greenhouse gases to make the current solar PV technology a worthwhile investment when greenhouse gas reductions are considered.

Mr. Chu backed away slightly from statements made in his last job, as director of the Lawrence Berkeley National Laboratory, that gasoline prices should be higher, and that coal was his «nightmare.»

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.

As a large company not afraid to lose money by supporting risky technologies, Google can be an important player in streamlining green technology deployment, and making «cheaper than coal (with a carbon price)» a reality.

The price of gasoline, and of liquid fuel made from coal, would reflect the carbon tax, which would pay the cost of taking that carbon back out of the atmosphere.

In May 2010, American Electric Power announced it planned to run 10 small coal - fired power units on a part - time basis starting in June as «the weak economy reduced demand and low natural gas prices have made the use of some coal units less profitable,» according to the company.

«A better carbon price could make a difference» and even out the coal and gas spreads, Wyns said.

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.

Lignite of the Living Dead notes that utilities may keep coal plants running at a loss for many reasons, including: hopes that governments will make capacity payments for guaranteed power supply or payments to retire plants; expectations that competitors will close plants, pushing power prices up; the clean - up costs associated with retiring plants; and opposition to closures from governments for political reasons.

That, in turn, would create the mass markets and economies of scale for renewables that would bring down their prices and make them competitive with coal and oil.

On the other hand, you can price your industries out of the home market by making energy so expensive that you end up buying goods and services from China and India that were made in factories powered by coal.

As a result, despite periodic energy price spikes caused by disruptive world events and about $ 50 billion (in real terms) in energy R&D funding since 1978, the United States has made only steady incremental progress in developing and deploying advanced renewable, coal, and nuclear technologies that can compete with conventional energy technologies.

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.»

Carbon Clampdown: Closing the gap to a Paris compliant EU - ETS, warns that, in order to put EU emissions on a path consistent with international climate targets, the price of traded carbon allowances, known as EUAs, would have to rise to levels that would make even the most efficient coal and lignite power plants unprofitable.

Depending on location, this alternate is cost competitive with today's coal price (no carbon tax needed), so there would be no net cost disadvantage for going this route (i.e. it makes economic sense).

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 preferential tariff — the price that China's two state - owned electricity transmission and distribution companies will pay energy companies for their solar power — aims to make solar power competitive against traditional fuels, such as coal, which accounts for two - thirds of China's electricity.

On current gas price expectations, a CO2 price of only $ 5 per ton would be sufficient to make new gas - fired generators as economical as new coal - fired plants, based on the present value of fixed and variable costs.

Whether smaller - scale coal plants make economic sense is another matter, particularly as the cost of producing renewable energy comes down, and natural gas prices remain at near - historic lows, well under $ 3 / MMBtu.