For example, EIA's annualized cost figure for generating electricity from new coal includes a penalty of three percentage points on the cost of capital to represent the difficulty of obtaining financing for
new coal units.
Also, it should be noted that coal's price is artificially high because EIA included a penalty of three percentage points on the cost of capital to represent the difficulty of obtaining financing for
new coal units.
The new coal plants (per the German government) have been long planned to replace very old and low efficiency units with
new coal units which are approaching ~ 50 % efficiency.
In their guidance establishing what could be considered Best Available Control Technology (BACT) for regulating GHGs in the permitting process, EPA stated that fuel - switching from coal to natural gas would not and could not be considered BACT: Since NSPS are traditionally interpreted to set the BACT «floor» for permitting purposes, how can a NSPS that eliminates the ability to construct
new coal units without the implementation of commercially infeasible carbon capture and storage (CCS) be consistent with EPA's previous guidance?
Not exact matches
First, states must approve the construction of
new electricity generation
units and strong majorities in many states remain opposed to
coal - fired power, irrespective of what the preferences of a Trump Administration might be.
NEW YORK, April 1 - FirstEnergy Corp said late on Saturday its nuclear and
coal power plant
units filed for bankruptcy court protection as the company looks to restructure, sell assets and win government support to cope with competitors using lower - cost natural gas.
Given that a
new coal plant can't meet either of those standards without adding carbon capture and storage technology, the limit will only determine how intensively a
new plant would have to run its carbon capture
unit.
A
new proposal from the Environmental Protection Agency (EPA) would require
coal - fired
units to be built with carbon capture and control technology.
This risk factor pushes the «levelized» or all - in price of nuclear power from
new units to 8.4 cents per kilowatt - hour, the MIT study concludes, versus 6.2 cents for
coal - fired plants and 6.5 cents for natural gas generation (if gas is priced at $ 7 per million British thermal
units, or roughly 1,000 cubic feet of flowing gas).
[D] espite additions of substantial wind, solar, and nuclear capacity, when properly adjusted for capacity factor (the amount of annual energy produced per
unit of capacity) to reflect production capability, the amount of
new coal energy added to the China grid last year exceeded
new solar energy by 17 times,
new wind energy by more than 4 times, and even
new hydro by more than 3 times.
In its 2010 annual report Peabody notes that the
New York Office of the Attorney General Subpoena wrote to Peabody on June 14, 2007 and referred to the company's «plans to build new coal - fired electric generating units,» and stated that the «increase in CO2 emissions from the operation of these units, in combination with Peabody Energy's other coal - fired power plants, will subject Peabody Energy to increased financial, regulatory, and litigation risks.&raq
New York Office of the Attorney General Subpoena wrote to Peabody on June 14, 2007 and referred to the company's «plans to build
new coal - fired electric generating units,» and stated that the «increase in CO2 emissions from the operation of these units, in combination with Peabody Energy's other coal - fired power plants, will subject Peabody Energy to increased financial, regulatory, and litigation risks.&raq
new coal - fired electric generating
units,» and stated that the «increase in CO2 emissions from the operation of these
units, in combination with Peabody Energy's other
coal - fired power plants, will subject Peabody Energy to increased financial, regulatory, and litigation risks.»
The EPA's
New Source Performance Standards for new electricity generating units that would effectively ban the construction of new coal - fired plan
New Source Performance Standards for
new electricity generating units that would effectively ban the construction of new coal - fired plan
new electricity generating
units that would effectively ban the construction of
new coal - fired plan
new coal - fired plants.
In OECD countries, and especially in many emerging economies, where
coal - fired power generation is set to expand in the near future,
new - build
coal ‑ fired power
units should aim for best available efficiencies (currently, through application of supercritical or ultra-supercritical technologies), where feasible, and be designed in view of potential future CCS retrofits, if they are not equipped initially with CCS.
Newer vintage natural gas - fired
units operate at higher efficiency than older, fossil - fired
units, which increases the competitiveness of natural gas relative to
coal.
«(II) calendar year 2012, in the case of an electricity local distribution company that owns, co-owns, or purchases through a power purchase agreement (whether directly or through a cooperative arrangement) a substantial portion of the electricity generated by a
new coal - fueled
unit, provided that such company timely informs the Administrator of its election to use 2012 as its base period.
[McCarthy continues:] However, it is important to note that under the proposed carbon pollution standard for
new power plants, companies would not be required to build natural gas combined cycle
units; they would be required to meet a standard of 1000 lbs / MWh, which can be met either through the use of natural gas or by burning
coal along with carbon capture and storage [CCS].
* For the comparison to existing or
new NGCC, UCS assumes that the NGCC
unit would run at the same capacity factor as the
coal unit under consideration.
The
newest coal - fired generator in the state, the enormous
Unit 6 at the Rogers Energy Complex in Cliffside, is being converted to run flexibly on either
coal or gas, while
coal - fired
Unit 5 was excluded by the UCS analysis because it is being converted to run partially on natural gas, but would also fail the economic stress test compared to natural gas and wind.
Assuming
new wind or solar power resources at $ 40 / MWh, we calculate that the total capacity of uneconomic
coal units in the Southeast rises from 8.1 GW (according to UCS) to 15.2 GW, and the savings from replacing all these
units with wind or solar would rise to over $ 230 million annually.
The base running costs in $ / megawatt - hour (MWh) for each
coal unit are compared to several competitive energy resources: existing natural gas combined - cycle (NGCC) plants, *
new NGCC plants,
new wind power facilities, and
new utility - scale solar photovoltaic (PV) systems.
Spence, in a piece for Fortune magazine, said reasons include the fact that «states must approve the construction of
new electricity generation
units and strong majorities in many states remain opposed to
coal - fired power.»
Importantly, the UCS analysis represents a conservative estimate for the economic competitiveness of wind and solar resources, because it assumes that the
new renewable resources would be built in the same geographic area as the existing
coal fired generating
units.
Construction Underway on
New Unit at Serbian
Coal Plant.
The figure below shows the climate impacts over time (measured in
units called radiative forcing) of existing
coal (the dashed black line),
new high - efficient
coal plants (the solid black line), and
new gas plants (the green line).
For instance, during a Q4 earnings call last month, Jim Robo, CEO of NextEra Energy, predicted that by the early 2020s, it will be cheaper to build
new renewables than to continue running existing
coal units.
China has 299
new coal generation
units under construction, followed by India which is building 132.
To be sure, not all power stations entered into various queues will be installed and constructed, but with
new planned nuclear and
coal units virtually eliminated, it's clear there are massive changes underway in the electric markets.
The report «HELE perspectives for selected countries» finds that there are 670
new generation HELE
coal - fired power generation
units in operation in 10 Asian economies — Bangladesh, China, India, Japan, Malaysia, Philippines, South Korea, Taiwan, Thailand and Vietnam.
There is also no distinction made in the article between
coal plants by
unit age, LCOE or between
new builds and existing infrastructure.
The company is studying what to do with other older
coal - fired
units in light of the soot regulations, tightening restrictions on the disposal of
coal ash and
new limits on emissions of mercury and other toxics that are pending.
If no
new coal plants are built and each existing
unit is retired when it turns 40 years old, the 2 °C carbon budget will still be exhausted by 2040.
As Giles Parkinson reported on Renew Economy, 2017/12/20, «A 700MW
unit at the Eraring
coal fired power station in
New South Wales tripped on Monday afternoon, taking to four the number of big
coal units that have failed without warning in less than a week.
Directs the Administrator to: (1) establish a carbon dioxide allowance trading program; (2) promulgate regulations relating to offsets produced by agricultural sequestration practices; (3) establish a reserve of carbon dioxide allowances to be allocated to
new affected
units and to a clean
coal technology reserve; and (4) allocate a specified amount of carbon dioxide allowances to certain
units; and (5) promulgate regulations that provide for the issuance, certification, and use of offset allowances (and early reduction allowances) for greenhouse gas reduction or sequestration projects.
Ultimately, Allen's
coal units will be brought offline when the
new NGCC plant becomes operational.
Today the Tennessee Valley Authority (TVA) Board of Directors voted unanimously to retire all three
coal - fired
units of the Allen Fossil Plant (990 MW) in Memphis and approved replacement with a
new 1,000 MW natural gas combined cycle (NGCC) plant.
Coal produces on average about double the CO2 emissions per
unit of energy produced as the mix of sources used by
New York and California.
The Environmental Protection Agency's (EPA) forthcoming climate change regulations for
new and existing electricity generating
units have been appropriately labeled the «war on
coal,» [1] because the proposed limits for carbon dioxide emissions would essentially prohibit the construction of
new coal - fired power plants and force existing ones into early retirement.
Then they say «Through a $ 50 Billion investment in
new clean
coal technologies, today's
coal based generating fleet is already 70 % cleaner based on regulated emissions per
unit of energy produced.»
Building
new super critical
coal boilers to replace older
units would also reduce GHG emissions by 30 % or more.
Judge Orders Hyper - Polluting Indiana
Coal Plant to Shut Down 40 % of
Units Shape - Shifting Wind Turbine Blades Increase Clean Energy Production
New Flexible Solar Panels on Stainless Steel Manufactured Up To a Mile Long
However, burning trees releases carbon into the atmosphere immediately — more per
unit of electricity generated than
coal — and any
new trees planted won't reach maturity and absorb the same amount of carbon for decades, if ever.