I wrote a longer post on the subject here, but the TL; DR version is: In the first decade of the 21st century, Chinese
demand for coal went through the roof.
Not exact matches
«The majority of the capacity addition will be through thermal power plants,
for which the
demand of
coal is
going to increase in the future,» the report said.
Since they were presumably
going to operate as base load as opposed to peaker power, it's likely they were intending to sign long term contracts so that their incremental addition to the
demand for coal would be absorbed not by creating an additional
demand on the spot market but by identifying a fixed source with a standing order and putting a few American miners to work on a full - time basis.
In June 2016, APS filed
for a $ 3.6 billion rate increase (Docket E-01345A-16-0036) to
go into effect July 2017, including higher fixed charges, new
demand charges
for solar customers, lowering the rate paid
for distributed solar from the retail rate (12 - 13 cents / kWh) to wholesale rate (3 cents / kWh), and spending billions of dollars to introduce fossil fuel plants, including one of the Western U.S.'s oldest and dirtiest
coal plants, into rate base.
In the meantime, with all the cancelled
coal plants, how is the nation
going to cope with increased
demands for electricty due to economic growth?
While Trump's rolling back a policy that may have loomed over
coal producers in coming decades, it's
going to take more to overcome market forces and raise
demand for the fossil fuel to a level that'll put miners back to work,
coal executives and analysts say.
Demand for coal isn't
going away in 10 years.»
According to Doug Pryor of NextEra Energy Resources, EarthEra and their renewable energy certificates helps to boost customer
demand for renewable energy, which means more money
going toward renewable energy facilities and away from
coal power plants.
First, while our reliance on petroleum is significantly supply - limited, in fact the dominant component of the problem
going forward is the
coal reserves, which can supply the world's energy
demands at the present rate
for some centuries.