They say, «Hello, no
much coal falling these days!»
Not exact matches
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.
That figure may well be
much smaller by the time of the next election, because the market value of some of the major companies has been
falling rapidly, and the value of their
coal, oil and gas fired power stations is
falling even faster.
If all that
coal power was replaced by cleaner natural gas, greenhouse - gas emissions from the power sector could
fall by as
much as 7 percent.
But Jared Ciferno, Director of the Office of
Coal & Power R&D at the Department of Energy's National Energy Technology Laboratory, said
much work is under way to make such proofs a reality, ready for implementation when economic factors
fall into place.
Production in Wyoming and Montana, where
much of government
coal is located,
fell 18 percent in 2016 from the prior year.
While government policy to diversify energy sources has driven
much of this near - term growth, a sharp
fall in technology costs has accelerated the deployment of renewables to the point where in some regions they now can compete with
coal or gas without subsidies.
The statistical communiqué reported that
coal consumption in 2016 had
fallen by a whopping 4.7 % when measured in weight (tonnes), compared to just 1.3 % when measured by how
much energy it contains (joules).
1
Coal combustion emits almost twice as
much carbon dioxide per unit of energy as does the combustion of natural gas, whereas the amount from crude oil combustion
falls between
coal and natural gas, according to Energy Information Administration, Emissions of Greenhouse Gases in the United States 1985 - 1990, DOE / EIA -0573 (Washington, DC, September 1993), p. 16.
Next, we heard that Chinese
coal imports had
fallen too, an indicator that is considered
much more reliable than domestic consumption by many experts.