Projected net present value
of coal units assuming environmental retrofits, compared to typical national market electricity prices, 2015 - 2044.
Free and entirely open source, CAVT is a spreadsheet - based database and model that determines the future economic viability
of coal units.
Synapse's Coal Asset Valuation Tool (CAVT) is a spreadsheet - based database and model that determines the future economic viability
of coal units.
As most
of the coal units are loss - making out to 2030, the total stranded value in the B2DS is negative — meaning the EU could avoid $ 22bn in losses by phasing out coal power in line with the Paris Agreement.
Many
of the coal units weren't simply old; they also couldn't comply with the Environmental Protection Agency's tougher rules for mercury and toxic air emissions, which went into effect last April.
Synapse's Coal Asset Valuation Tool (CAVT) is a spreadsheet - based database and model that analyzes the future economic viability
of coal units.
Figure 1 compares the future economics
of coal units that are slated for retirement and coal units that are currently not announced to retire.
In the US, for example, the average capacity factor
of coal units has decreased from 61 % in 2014 to 53 % in 2016.
The operating costs
of coal units vary depending on numerous factors.
The net summer capacity of the average retired coal unit was 133 megawatts (MW), compared with 278 MW for the rest
of the coal units still operating.
The figure below shows the operating cost
of coal units in Colorado.
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.
While Alberta has promised to end coal - fired electricity by 2030, and is building 5,000 megawatts of renewable energy capacity, it will also allow
some of those coal units to convert to using inefficient fracked natural gas.
The majority of the reductions in the RGGI region to date have occurred because
of coal unit retirements and cutbacks in the use of residual oil which were driven by the economics of low natural gas fuel prices.
The calculated future cost
of each coal unit is compared to the estimated future cost of wholesale market purchases to determine future economic viability on a unit - by - unit basis.
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.
A number
of coal - and oil - fired power plants will likely be retired, and while Virginia's four existing nuclear
units will remain in use, plans for a fifth reactor remain shelved, for now.
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.
Burning gas emits just 40 %
of the CO2 as deriving the same
unit of energy from
coal, and between 65 % and 75 % the emissions
of oil.
Bank
of America Corp.'s Merrill Lynch & Co.
unit increased its price forecast for Asian power - station
coal.
Avista owns a 15 - per - cent - stake in two
of the four
units at the Colstrip plant in Montana — a major
coal - mining state — and plans to use them for electricity production until 2035, said a spokesperson for the company that also operates hydroelectric dams, natural gas and biomass generating plants and wind turbines.
Copper, one
of four business
units at Teck besides steelmaking
coal, oil and zinc, is a priority for the company
Heat a gas grill to low or bank 20 low - glowing
coals on each side
of the bottom
of the grill
unit.
U.S.
coal eventually headed overseas While natural gas prices are currently hovering around $ 2 per million British thermal
units, EIA projects that prices will gradually rise to a long - term average
of around $ 6 per million Btu.
The motor's rotor is a long,
coal - derived molecule called anthracene, which spins around an axle composed
of two ethynyl
units.
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).
«It's now competitive in terms
of power per
unit of investment, but you get a lot more power per
unit coal,» Chu noted.
Other major TVA facilities that have announced plans in recent years to shut down include the Colbert Fossil Plant, also in Alabama, and the Paradise Fossil Plant in Kentucky, where two
of three
coal units were slated for closure while a third
unit was to be converted to burn natural gas (ClimateWire, Nov. 15, 2013).
Burning natural gas, for example, produces half as much carbon dioxide per
unit of energy as burning
coal.
It sees
coal as remaining dominant in the electricity generation sector: global consumption will rise by 1.3 percent a year — from 147 quadrillion British thermal
units of energy in 2010 to 180 quadrillion Btu in 2020 to 220 quadrillion Btu in 2040.
They found that because natural gas plants are overall more efficient than
coal plants, producing more energy per
unit of carbon, they could cause less warming in the long term.
Natural gas produces a quarter
of the nitrogen oxides emitted by
coal and half the carbon dioxide for every
unit of electricity generated.
ZeroGen and the Callide Oxyfuel Project, which is a $ 200 million project to convert an existing 30 - megawatt
unit into a carbon capture plant, are in the heart
of Australia's
coal country.
Burney is examining a similar trade - off between sulfur and black carbon in the United States, as
coal - fired electricity plants shift to cleaner natural gas, which emits half as much CO2 as
coal per
unit of electricity.
Although fracking in the U.S. produces more than 100 billion gallons
of wastewater per year, the process requires significantly less water per
unit of energy than extraction and processing for
coal and nuclear power, according to past research by Jackson and his colleagues.
«
Coal plants and gas plants are the marginal
units that we considered for charging the plug - in hybrid batteries,» says PNNL staff scientist Michael Kintner - Meyer, lead author
of the forthcoming report.
He produced a document showing two
of the plant's four
coal - fired
units provide about $ 14.2 million in tax revenue to state and local governments in Montana — dollars that help fund Colstrip's history museum, recreation center, golf course, schools and 32 colorful playgrounds.
The letter notes that burning wood releases more carbon dioxide than
coal for each
unit of power produced.
Underground
coal and uranium mining, and oil recovery enhancement extraction use between two - and - a-half to 13 times more water per
unit of energy produced.
A relatively small
unit attached to the smokestack at the Mountaineer Power Plant in West Virginia is capturing some 1.5 percent
of the carbon dioxide the
coal - fired plant would otherwise belch into the sky.
Perhaps someone with a better background on geology could explain why there's so much more methane extracted per
unit of coal resource in coalbed methane than is vented in regular
coal mining.
Response: Ideally, SMRs should be readily able to slot into brownfield sites in place
of decommissioned
coal - fired plants, the
units of which are seldom very large.
It's why China has been retiring
coal plants for decades — at first in favor
of ultrahigh efficiency modern supercritical
coal plants that delivered twice as much power per
unit of pollution produced, and now increasingly solar and wind.
Perhaps someone with a better background on geology could explain why there's so much more methane extracted per
unit of coal resource in coalbed methane than is vented in regular
coal mining.
I was trying to estimate the mining footprints
of solar and nuclear, and came up with some very tentative rough estimates that ore input for solar energy might have an energy density (per
unit mass) ~ 5 to 80 times
coal, while nuclear (convential US fuel cycle) may be ~ 20 times
coal — on the solar side, this doesn't include some balance
of system components, and on the nuclear side, it only includes the U, but on the solar side, the actual energy density could get much higher with recycling
of the same material into multiple successive generations
of solar energy devices, and on the nuclear side, breeder reactors.
The Howarth paper, «Methane and the greenhouse - gas footprint
of natural gas from shale formations,» had estimated that leakage
of gas from hydraulic fracturing operations (given that natural gas is mainly methane, a potent heat - trapping substance) and other factors made the climate impact
of gas from such wells substantially worse than that
of coal, measured per
unit of energy.
To approximate our current
coal generation capacity would require increasing the global complement
of nuclear plants from some 500 to at least 4,000
units.
The bill aims to thread various needles, for instance including measures to encourage a shift from
coal and oil to natural gas (which produces roughly half the emissions per
unit of energy) but in ways that won't alarm environmentalists worried about impacts
of expanded gas drilling.
The Big Cajun 2 plant consists
of three
coal - fired steam
units with a total capacity
of 1700 MW and has been in operation since 1981.
The E.P.A. and EDGAR use a bottom - up approach, calculating total emissions based on «emissions factors» — the amount
of methane typically released per cow or per
unit of coal or natural gas sold, for example.