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President Trump Knocks It Out of the Park at Davos

“But to embrace the possibilities of tomorrow, we must reject the perennial prophets of doom and their predictions of the Apocalypse… These alarmists always demand the same thing: absolute power to dominate, transform and control every aspect of our lives. We will never let radical socialists destroy our economy, wreck our country or eradicate our liberty. America will always be the proud, strong and unyielding bastion of freedom.”

 

 

 

To continue reading, click here to view the full article on CoalZoom.com.

CoalZoom.com - Your Foremost Source for Coal News.  



Saving US Coal - Taking Out CO2 Endangerment

On behalf of Craig Idso, Bill Reid and myself, here is our planned program to take out CO2 Endangerment at EPA. The program was published in CoalZoom last week. This is an ambitious plan and one we believe is attainable. And I am very proud to say our ability for success is enhanced by our partnership with Bill Reid at CoalZoom, a coal devoted newsletter with a major footprint. Bill has fully embraced the efforts Craig and I are making and CoalZoom is an ideal partner.

Couple this reach with the Plan outreach, and earned media is probable once the traditional media discovers us. That is due to our provocative approach and due to the fact that there is no other, ongoing effort day to day taking on EPA CO2 Endangerment based on the benefits of CO2, as such. Those that are doing it are not coal centric with many natural gas funders quite happy to see coal taken out in favor of natural gas.

We stand alone advancing coal as coal, as in use more coal!

 

Fred Palmer

In the coal industry, conventional wisdom says let it alone, argue for CCUS, CCS policies, or wait until a re-election of the President and count on relief then. We say, if you care about coal and want more used not less, engaging now is required as coal plant closures are being announced almost weekly, and CO2 is always the stated reason. Waiting has huge risks on many levels and waiting may be too late to truly turn the tide. Coal use in the United States may be gone forever.

Also, in a broader coal industry context, a movement to coal conversion is underway. I am actively involved in it through the National Coal Council and with a technology company. The NCC did a study last May for the Secretary of Energy titled Coal in A New Carbon Age. The study notes international markets for coal to product markets for fuels, chemicals, materials and fertilizers of some 400 million tpy and calls for coal conversion friendly policies in the US to put our economy on the same path.

To continue reading, click here to view the full article on CoalZoom.com. 

CoalZoom.com - Your Foremost Source for Coal News.  

 

Kentucky Power Buys 250,000 ST of Barge Coal From Contura

Kentucky Power, a unit of American Electric Power, bought 250,000 st of Central Appalachia barge coal worth $14 million from Contura Energy, according to a regulatory filing made public Wednesday.

The utility signed a one-year deal with Contura Energy at a base price of $56/st FOB barge for crushed, partially washed bituminous coal that will be delivered from January 1, 2022 through December 31, 2022, according to the filing published by the Kentucky Public Service Commission.

The CAPP coal will be delivered FOB barge at the Marmet dock or the Mammoth dock on the Kanawha River and delivered to the 1,560-MW Mitchell coal-fired power plant on the Ohio River in Moundsville, West Virginia.
Specifications for the coal were a heat content of 12,000 Btu/lb, sulfur content level of 1.6 lbs SO2/MMBtu, moisture content of 10% and ash content of 12%.

All shipments will be sampled and analyzed by the seller and any coal with an average heat content less than 11,750 Btu/lb, sulfur content above 1.75 lbs SO2/MMBtu, moisture above 10%, or maximum ash content higher than 14% will be rejected, according to the filing.

To continue reading, click here to view the full article on CoalZoom.com. 

CoalZoom.com - Your Foremost Source for Coal News.

 

Thermal Coal Prices Set for Recovery This Year as Oversupply Tightens

Thermal coal prices are expected to recover this year after losing around a third of their value last year as demand from some south-east Asian countries grows and oversupply tightens due to financing constraints for new capacity.

Investors widely anticipate the slow demise of coal use due to policies encouraging cleaner natural gas and renewable energy generation, as well as public pressure on companies to fight climate change and increasing divestment from coal assets.

However, the shorter-term outlook is for a resurgence in prices as oversupply is reduced.

"As 2020 gets under way there are signs that the support that international coal prices found at the tail end of last year could just be a foretaste of a market recovery in the year ahead," said Guillaume Perret at consultancy Perret Associates.

"Although demand looks set to remain largely subdued, tightening supply, especially in the Atlantic market, could boost prices after their heavy fall in 2019," he added.

To continue reading, click here to view the full article on CoalZoom.com.

CoalZoom.com - Your Foremost Source for Coal News.
 

 

For Global Energy Leadership, Think COAL First

What does the coal plant of the future look like?

For too many people, the answer is that we don’t need new coal technology nor a new generation of plants. That line of thinking is a huge mistake.

Too many self-described energy and climate experts seem blissfully unaware of global energy trends and global energy use. Many policymakers, including what would appear to be the entire field of Democratic presidential candidates, think that U.S. energy and climate leadership will be established by phasing out coal, as if that’s at all a replicable or useful approach in energy hungry, developing nations. If these candidates and their advisors don’t know that global coal consumption continues to grow, and that coal remains the world’s leading fuel for electricity generation, it’s well past time they find out.

The world needs new, more efficient, more flexible and lower emission coal technology. And the U.S., with the world’s largest coal reserves and an unmatched capacity for innovation, should take the reins in delivering it. Fortunately, the U.S. Department of Energy (DOE) is leading the charge.

DOE’s Coal FIRST (Flexible, Innovative, Resilient, Small, and Transformative) program is setting goals on how the coal fleet of the future needs to perform and what it should look like. Coal FIRST is aiming to develop and deploy a new type of coal plant that will better compliment the energy mix of the future. DOE is aiming for smaller, more flexible units that can complement the peaks and valleys that come with intermittent renewables. Today’s existing coal fleet, while essential to providing affordable, reliable power, was designed to run continuously for optimal efficiency, not to accommodate swings in solar and wind generation.

To continue reading, click here to view the full article on CoalZoom.com.

CoalZoom.com - Your Foremost Source for Coal News

 



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