Sentences with phrase «thermal coal»

Steam coal - also known as thermal coal - is mainly used in power generation.

- Australian thermal coal production was 18 per cent higher than the first quarter and five per cent higher than the second quarter of 2010.

Last year, two events caused North American thermal coal — the coal used by utilities to generate electricity — to fall by about 30 %.

That price per ton is worth noting because it was well above what thermal coal producers collected for their production last year.

These conclusions are based on existing and «under construction» thermal coal power plants, yet even if no additional power plants are constructed, the budget would still not be met.

Steam coal, also known as thermal coal, is used in power stations to generate electricity.

The stellar gains in thermal coal prices this year are entirely a result of China's NDRC.

The industry's plan B, to export production to assumed perennial growth markets in Asia, has also floundered amid a global market awash with supply from other countries and weak demand; Chinese coal consumption fell nearly 3 % in 2014 while India, the world's third largest buyer, says it may stop imports of thermal coal in the next three years With domestic markets collapsing and no lifeline from abroad, 264 [1] US mines were closed between 2011 and 2013.

Our editors discuss recent price movements for thermal coal for China, and more broadly for Australia and Indonesia including the status of Jakarta's new shipping regulations for coal exports

Spot thermal coal prices from the Australian port of Newcastle have already doubled year - to - date to top over $ 100 a metric ton, underscoring its position as one of the best performing raw materials this year amid a broad and extended slump in the commodities complex.

We hope that this move will actually lead to the end of thermal coal exports on the west coast.»

The clear direction of travel for coal consumption is underscored by the IEA's 2016 World Energy Outlook that brought forward the peak for thermal coal demand in China by 17 years in its New Policies Scenario - recognising demand peaked in 2013 as opposed to 2030.

A cable - stayed bridge over the Fraser River and a big earthquake could make for massive problems Daniel Wood is an investigative journalist uncovering the truth behind the Massey tunnel replacement For those hoping to halt the export of thermal coal from the lower Fraser River, it's useful to consider a century - old American spiritual song that -LSB-...]

Tony Abbott has given his clearest indication yet that he intends to fast - track approval for large thermal coal mining projects, saying his new «one stop» shop for environmental approvals will ensure quick decisions on project approvals.

This is obviously counter-intuitive given the structural decline of seaborne thermal coal demand, but even as these signs emerged, US coal producers cited a growing export market as a reason to continue with business as usual.

Researcher Clark Williams - Derry said it is difficult to underestimate the impact a ban on thermal coal exports would have for the coal industry in the western U.S.

Financing for any new thermal coal projects limited to existing coal producing basins and where the calorific value of coal meets the energy content of at least 6,300 kCal / kg Gross as Received — i.e. projects must rank in the top 15 % globally.

On the very day of the televised leaders debate for the 2017 BC Election, Premier Christy Clark has suddenly found a reason to ask Prime Minister Trudeau to ban thermal coal exports from BC ports.

In this election edition of the Dogwood podcast, Kai Nagata debriefs Christy Clark's great flip - flop on U.S. thermal coal with Arie Ross.

US thermal coal prices have risen over the past few months, largely lifted by higher gas prices for power generation, and forecasts for a tighter gas market in 2017 is good news for coal producers.

Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding not far off $ 100 a ton despite the onset of the usual lull at this time of year.

We have significantly reduced our forecast for thermal coal imports to India compared with last year's report in response to government measures to reduce dependence on imports.

British Columbia Premier Christy Clark asked Prime Minister Justin Trudeau to ban shipments of thermal coal through B.C. ports less than two weeks before the May 9 provincial election.

His principal goals are to encourage asset managers to sell their investments in thermal coal companies, and to dissuade financiers from supporting the expansion of coal mining activities, particularly in Queensland's Galilee Basin.

Australian thermal coal prices are at $ 93.40 a ton, their highest seasonal level in five years and $ 15 per ton above the five - year average price.

Nine reasons why thermal coal is struggling (and will continue to do so) Renew Economy, written by Nathan Mim, 2014/08/13.

«The prospect of weaker demand growth and prices at near marginal production costs suggest that most thermal coal growth projects will struggle to earn a positive return for their owners,» Goldman Sachs said in a report.

Williams - Derry said it will be difficult for Clark to use thermal coal as a bargaining chip in negotiations around softwood now that she is on the record saying coal is dirty.

New York, 22 September 2014 — New research by the Carbon Tracker Initiative (CTI) today identifies major financial risks for investors in coal producers around the world, from the domino effect of slowing demand growth in China, where thermal coal demand could peak as early as 2016.

Media reports last week suggested that Fortescue had made a play for the 8.5 - million - tonne - a-year metallurgical and 3.5 - million - tonne - a-year thermal coal operations.

Thermal coal miner New Hope says it is reviewing the pace at which it is developing new projects because of falling coal prices and the strong Australian dollar.

Thermal coal gets most of the attention, since it's used daily by many North Americans.

Thanks to a boom in natural gas, unwanted thermal coal — used for producing electricity — is piling up across the United States.

As we gather here today, price rises for the 2008 contract year are coming into force, which will see prices for iron ore and thermal coal approximately double, and those for metallurgical coal treble.

THERMAL COAL Coal mined at the Ncondezi openpit coal mine will be used to power the new Ncondezi power plant

By: Mia Breytenbach 17th November 2017 Aim - listed Bushveld Minerals» Lemur Resources subsidiary, which is developing an integrated thermal coal mining and independent power producer asset in Madagascar, has appointed an owner's engineer and technical advisers for the bankable feasibility study (BFS) for the Imaloto power project... →

By: Nadine James 4th May 2018 Anglo American Thermal Coal South Africa CEO July Ndlovu warned delegates at the 2018 Coalsafe conference that the industry had to deal with community uprisings, or «risk facing another Marikana».

The Trudeau government is telling the world to stop burning deadly thermal coal for electricity.

Arch took advantage of higher prices for coking coal to improve its performance in the metallurgical segment, but thermal coal margin levels came under pressure as pricing remained weak amid rising costs.

Production of semi-soft and thermal coal improved following the completion of recent brownfield mine expansions and substantial productivity gains through operational improvements from load and haul fleets.

Productivity improvements in our Australian operations led to record quarterly thermal coal production.

Under the terms of the sale, Glencore Xstrata will take over management of Clermont Mine, which produces thermal coal in central Queensland.

Other mitigating factors for coal - fired electricity would be if thermal coal prices dropped off steeply or the cost of building a coal - fired power plant came down.

Futuregen is based on same old Hitler era bankrupt thermal coal gasification, which have neither been economical or nor worked with now almost $ 30 + billion funding by DOE since first oil embargo of 1973.

Bullish forecasts for global thermal coal demand erroneously assume most of more than a dozen other proposed Indian Ultra Mega Power Projects will be built.

In this page I will deal mainly with the burning of Australian coal for power generation, called thermal coal; the burning of high - grade coal, called metallurgical coal, while not generally so polluting does add to the problem.

The study is the first to model demand for oil, gas and thermal coal under the International Energy Agency's Beyond 2 Degrees Scenario introduced last year, aligned with 1.75 C, the mid-point of the Paris Agreement, and compare it with the IEA's New Policies Scenario, aligned with 2.7 C, consistent with emissions policies announced by global governments.