Sentences with phrase «pushing coal prices»

At the same time, competition from natural gas and stringent environmental rules are pushing coal prices down, making it harder for companies to earn a return on the coal they sell.

Not exact matches

Also, surging steelmaking coal prices last quarter, when coupled with record output, pushed Teck's profits from the segment up to CA$ 1.1 billion ($ 830 million), or 75 % of total gross earnings before D&A.

Those price differences have widened in recent months due to supply disruptions that pushed the price of steelmaking coal up over $ 300 per ton even as thermal coal prices where Alliance produces have remained around $ 50 per ton.

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

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).

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.

At the same time, bans on mountaintop removal mining will push coal producers underground, while underground mining will have steeper safety regulations, which will push the price of coal up, too.

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.

The surge in production has pushed gas prices to historic lows, leading utilities increasingly to choose it over coal.

Forthcoming air quality standards and carbon prices are pushing up coal operating costs while clean technology costs continue to fall.

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.»

A glut of natural gas pushed prices down to unsustainable levels and kept them there so long that utilities chose to close coal plants or convert them to gas rather than wait.

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.

Cheaper natural gas has pushed out older, less - efficient coal and oil generation; however, the region's increasing overreliance on natural gas will provide few additional emissions benefits and increases risks of price volatility or supply disruption.

Insofar as coal or gas have to be imported or transported over long distances, it pushes the price of power up higher than clean alternatives.

Last year, three coal - fired power stations closed in the UK and shifting wholesale energy prices pushed coal to gas across Europe, a shift that amplified the impact of the carbon price floor.

If it were possible for wind turbines to produce electricity more cheaply than coal - fired power stations, it wouldn't be necessary to push electricity prices up to make them «competitive».

Over the next decade the prices electricity generators pay for gas and coal are also predicted to increase, in turn pushing up electricity prices.

«The basic idea is that we have to establish a price level for carbon in China, and I think that is the right step to take,» said Yang, adding: «I think the enormous local impacts of China's energy mix and dependence on coal is becoming a huge push for China to take even stronger climate mitigation action.»

Specifically, it was tapping into the United States» vast shale gas resources that led to the supply glut, which in turn pushed natural gas prices low enough to compete against coal.

Includes shutting down of 3 older coal fired stations in a year, gas being exported at premium prices with no retention rule subsequently pushing up local prices and insufficient supply for power stations next year.

While it may remain profitable to build renewable energy installations, incentives against cutting carbon emissions were not strong enough: Prices for allowances to emit carbon dioxide have dropped and cheap gas in the United States is pushing an additional supply of hard coal on the market, reducing coal prices to their lowest in four years and incentivising utilities to sell more power from brown - and hard coal - fired power staPrices for allowances to emit carbon dioxide have dropped and cheap gas in the United States is pushing an additional supply of hard coal on the market, reducing coal prices to their lowest in four years and incentivising utilities to sell more power from brown - and hard coal - fired power staprices to their lowest in four years and incentivising utilities to sell more power from brown - and hard coal - fired power stations.