Not exact matches
Foley said that
coal will still likely be the majority power source in 25
years in developing economies like China and India, as they have large domestic
coal supplies and less domestic competition from natural gas.
The
coal miner has been hurt as the world has turned to more environmentally - friendly energy sources such as natural gas — a trend that has accelerated in the last few
years as gas prices have come down substantially due to surging
supply from the U.S. fracking boom.
Last
year, that commodity contributed 53 % of its gross profit and it
supplied nearly 75 % of the total during the first quarter of 2017 due to a spike in steelmaking
coal prices.
Louviers
supplied permissibles to the
coal mines of Colorado, Arizona and Utah and produced technologically sophisticated explosives for other customers for 70
years.
If electricity use continues to double every nine
years, huge amounts of power will have to come from 500
years» worth of
coal supplies and lots of nuclear power plants — by this time possibly breeder or fusion plants.
Getting energy directly from this
year's plant crop, in the form of biofuels, is cleaner and more efficient than getting it from
coal or oil, but Dukes found that if we tried to
supply current worldwide energy demand entirely from biofuels, it would consume at least 22 percent of the production of all land - based plants annually.
One reason for this push is the consequences of the alternatives: pollution from fossil - fueled power plants shortens the life span of as many as 30,000 Americans a
year;
coal and hydraulic fracturing threaten the environment and water
supplies; and oil dependence undermines the nation's energy security.
Despite a rise in clean, renewable energy
supplies in certain countries, and a partial shift from
coal to natural gas in others, global greenhouse gas pollution continues to rise — and at an increasing pace in the most recent
years.
Among Freeman's specific recommendations are a «20 percent federal tax credit to electricity and natural gas utilities that gives highest priority to the efficient use of the energy they
supply,» and ban on new
coal or nuclear plants and retirement of the existing plants within the next 30
years, government - funded demonstration plants for Big Solar and hydrogen, increasing federal fuel economy standards one mile - per - gallon a
year over the next 24
years, tax credits for plug - in hybrids or flex - fuel vehicles, and an excess - profits tax on oil to fund the tax credits.
«However, it is not possible to confirm the often - quoted assertion that there is a sufficient
supply of
coal for the next 250
years.»
Andrew, your fellow reporter Matt Wald debunked the
coal industry's claims of 250
years of
supply earlier this
year (see posting below).
What has been possible in Europe may not fare well in the USA where we have a 1000
year supply of
coal.
The ad went on to say that the United States has 250
years» worth of
coal in the ground at current rates of use, and that only imports of liquefied natural gas, much of it from hostile countries, would be able to
supply power if
coal is off limits.
Effective January 1, 2008, I have purchased
coal, oil, natural gas, trees and other carbon - bearing natural resources, in sufficient quantities to
supply my personal needs for the next 25
years, at my current rate of use.
Mankind has been blessed with huge
supplies of
coal and oil, which made it possible to lift ourselves up from the cold, dark, 70 % child mortality rates and general squalor that typified the human condition 400
years ago.
For about $ 8 million a
year over three
years, they could have kept some
coal power going and wouldn't have needed to spend $ 400 million on emergency diesel generators they don't want to use, and over $ 100 million on a battery that can
supply 4 % of the state for one hour.
Although APS plans to reduce its
coal burn from the current 35 % to 17 % by 2029, by increasing its natural gas burn from 19 % to 35 %, it will actually increase its greenhouse gas emissions in the near term, since the global warming potential from methane, which is leaked at multiple points of the natural gas
supply chain, is 86 times that of carbon over 20
years, according to the Intergovernmental Panel on Climate Change's 2013 report.
Initially the mine will
supply coal to two major Midwestern electricity generators under contracts with terms of up to 17
years.
Climate News Network: The man responsible for maintaining India's power
supply says he wants the country's
coal production to double within the next five
years.
Coal India has budgeted $ 1.2 billion to buy assets in the U.S., Indonesia and Australia during the year ending March 2011 as it battles a widening gap between domestic coal supply and dem
Coal India has budgeted $ 1.2 billion to buy assets in the U.S., Indonesia and Australia during the
year ending March 2011 as it battles a widening gap between domestic
coal supply and dem
coal supply and demand.
Over the next five
years, Peabody plans to
supply several million tons of
coal from SBE's Indonesian mine.
In August 2011 Peabody announced that they had signed a six -
year deal with Ameren to
supply 91 million tons of low sulfur
coal for use in «multiple electricity generating plants in Missouri» through to 2017.
Nuclear power would provide many other benefits as well: energy security, reliable energy
supply, reduce shipping costs and energy used in shipping
coal by a factor of 20,000 to 2 million, provide fresh water, no need for carbon pricing, avoid 1 million fatalities per
year by 2050,... https://judithcurry.com/2012/08/17/learning-from-the-octopus/#comment-231867.
Q: The
coal industry has faced depressed prices over the last several
years — what impact have you seen on the market due to that (focus on Africa)-- potential
supply side deficit / inability...
Over the next 10 - 20
years we can expect further dilapidation of the grid, fuel
supply crunches (see South Africa and China) in both gas and
coal, extra costs imposed by cap & trade, carbon taxes or sequestration equipment, and demand unmatched by
supply.
Though there may be a case for supporting a temporary role for older
coal plants to be used as emergency reserve capacity in some countries, it says, running for just a few hours a
year to ensure security of
supply.
Unfortunately, the Bureau of Land Management (BLM) is getting ready to open more than 3,500 acres of land next to the park for a new Utah
coal strip mine, just to
supply a few more
years of dirty energy to power to Los Angeles.
That meant
coal burned in newer supercritical plants, natural gas, nuclear, tire burning, and existing 50 -
year - old hydroelectric plants all counted — and they already made up more than two - thirds of
supply.
Though the United States has over a 250
year supply of
coal and is sometimes called the Saudi Arabia of
coal,
supplies of
coal are not always dependable.
I lived in the UK for a while, and the public was always told that there was a 200
year supply of
coal.
Reduce dependency on (imported) fossil fuels (balance of payments, reliance on potentially unfriendly or unstable nations as
suppliers, high cost at the pump, all problems as seen from US viewpoint): — encourage nuclear power generation (cut red tape)-- encourage energy savings and improved efficiency projects (tax breaks)-- encourage basic research into new (non fossil fuel) resources (subsidies)-- encourage imports from friendly neighbor, Canada (Keystone pipeline)-- encourage local oil and gas exploration («drill, baby, drill»)-- encourage «clean
coal» projects (tax incentives)-- set goal to become energy independent within ten
years
The analysis, which completes the think - tank's series of Carbon
Supply Cost Curves, follows a similar approach to the oil and
coal studies published last
year that identify high - carbon, high - cost projects for investors.
Endowed with vast reserves in the Thar lignite field and facing a severe energy shortage, Pakistan is betting on domestic and imported
coal for electricity
supply in the coming
years.
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.
Carbon Tracker's «
Coal supply Cost Curve» study published last year found that globally approximately $ 142 billion of future investment (capex) in coal mines for export to 2025 requires a $ 75 per tonne breakeven price to make a ret
Coal supply Cost Curve» study published last
year found that globally approximately $ 142 billion of future investment (capex) in
coal mines for export to 2025 requires a $ 75 per tonne breakeven price to make a ret
coal mines for export to 2025 requires a $ 75 per tonne breakeven price to make a return.
Moving the current average global efficiency rate of
coal - fired power plants, which supply the heat to convert water (or CO2) to steam, from today's 33 percent to 40 percent by deploying more advanced technology could cut CO2 emissions every year by 2 gigatons, which is equivalent to India's annual CO2 emissions, according to the World Coal Associat
coal - fired power plants, which
supply the heat to convert water (or CO2) to steam, from today's 33 percent to 40 percent by deploying more advanced technology could cut CO2 emissions every
year by 2 gigatons, which is equivalent to India's annual CO2 emissions, according to the World
Coal Associat
Coal Association.
Because India's imports of
coal grew by 31 % this
year... And just to cheer you all up, «India's
coal imports are likely to touch a whopping 185 million tonnes (MT) by 2017, almost 20 % of the international dry - fuel trade amid widening demand -
supply deficit, according to Planning Commission.»
Last
year, Chinese power output growth was the slowest since 1998 while steel production growth was also the weakest in more than three decades, aggravating a
coal supply glut.
As global
coal suppliers recover, EIA expects U.S.
coal exports, while remaining relatively high, to moderate over the course of the
year.
Natural gas, oil and
coal are projected by EIA to
supply about 76 percent of the world's energy in 2050, which is pretty much what it is projected to be this
year.
Within about 15
years every new car sold in the United States will be electric... up to 60 percent of power might come from nuclear sources... and
coal's footprint will shrink drastically, perhaps even disappear from the power
supply.
With its 250 -
year supply of
coal, the US is often called the «Saudi Arabia of
coal.»
We actually need energy that is less costly than
coal to meet the 3 % per
year increase in food and energy
supply target.
Global Wind Energy Council, Global Wind 2008 Report (Brussels: 2009), pp. 3, 56; Erik Shuster, Tracking New
Coal - Fired Power Plants (Pittsburgh, PA: U.S. Department of Energy (DOE), National Energy Technology Laboratory, January 2009); «Nuclear Dips in 2008,» World Nuclear News, 29 May 2009; 1 megawatt of installed wind capacity produces enough electricity to
supply 300 homes from American Wind Energy Association, «U.S. Wind Energy Installations Reach New Milestone,» press release (Washington, DC: 14 August 2006); number of homes calculated using average U.S. household size from U.S. Census Bureau, «2005 — 2007 American Community Survey 3 -
Year Estimates — Data Profile Highlights,» at factfinder.census.gov / servlet / ACSSAFFFacts, viewed 9 April 2009, and population from U.S. Census Bureau, State & Country QuickFacts, electronic database, at quickfacts.census.gov, updated 20 February 2009.
In recent
years, as the large - scale deployment of renewable generation gathers pace and the contribution of conventional power generation (gas,
coal and nuclear) to electricity
supply dwindles, popular concern over grid stability and reliability has grown substantially.
But they have a long way to go — 88 per cent of the power they
supplied last
year came from
coal and gas, leaving consumers with soaring fuel bills caused by our fossil fuel dependency.
In the traditional model of a national electricity system — widely used for more than 50
years — large conventional gas,
coal and nuclear generation plants
supply large centres of demand.
After all, while he attempts to interfere with progress by making such statements, our entire energy infrastructure is crumbling, our natural gas
supplies continue to dwindle, we don't have nearly enough engineers and skilled labor to expand nuclear development the way they claim we can, and our decision - makers (until very recently) have been under the false assumption that we have 250
years worth of
coal reserves.
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.
A hundred
years ago biomass and
coal burning
supplied most energy, there was next to no electricity, petroleum, natural gas.