Archive for the ‘coal’ Category

Miami meeting looks to Asia to help buoy demand for met coal

Metallurgical coal market traders and miners who met in Miami this week see Asia’s promise perking optimism after a run of price declines and bankruptcies.

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US Interior review will likely find ways to ‘fix’ federal coal

The US Interior Department announced January 15 that it is going to “review” the Bureau of Land Management’s leasing program of federal lands upon which an estimated 41% of all US coal is currently produced, and is putting a hold on all new lease applications while the three-year review is underway.

The announcement raised immediate suspicions in some quarters that the department was angling at more than a mere review of leasing procedures, a possible royalty fee hike and a benign moratorium on future leases. At the very least, the announcement was seen as a shot across the bow of coal production in the US.

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Bears win out at Coal Trading Association conference

In trading circles, the bulls are effectively those who believe the forward price will go up and the bears believe it will go down.

At the Coal Trading Association’s annual conference this week in New York City, both sides were on display, although sentiment leaned more heavily toward the latter.

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Ticket to ride: Energy outlooks and the few who benefit

If you’ve been involved in any conversations about energy in 2015, there’s very much a sense the industry is gritting its teeth and just trying to get through this period of sustained low prices. And if you’ve looked at any forecasts about prices, supply, demand and production into the near future, it’s clear why there’s a prevailing sense of grim determination.

The Platts Global Energy Outlook Forum was held today in New York, and while there was still a feeling of caution about what the future will bring, there were also glimmers of hope for growing energy consumption to support producers. Well, glimmers of hope for some countries, anyhow.

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India is looking for its economic rainbow through thick smog

Delhi is choking again. Levels of PM2.5 — fine particulate matter in the air known to cause heart and lung diseases — routinely swing between the “unhealthy” and “hazardous” ranges on the Air Quality Index, with the measurement spiking to an eye-popping 999 on November 27.

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US data indicates power sector CO2 emissions down 15.6% since 2007

As it prepares for the November 30 start-up of the United Nations Climate Change conference in Paris, the US Department of Energy has been generating data that shows total US carbon dioxide emissions have declined and then flattened out in the past eight years, with emissions specifically from the US power sector part of the same trend.

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Analysts, aluminum buyers mull impact of Chinese petcoke crackdown

China’s amended Air Pollution and Control Law includes a restriction on the import, sale or use of higher-sulfur petroleum coke, which is likely to tighten supply of anode-grade petcoke for the aluminum industry, according to analysts.

Petroleum coke is a byproduct of oil refining, and about 80% of global production is considered fuel-grade, used for generating electricity and in the cement industry. The remaining 20% is calcined, or further refined, and serves as a key ingredient in other manufacturing ─ in particular, aluminum production. Calcined pet coke (CPC) is used to make the anodes that provide the carbon for the electrolytic chemical reaction during aluminum smelting.

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Paris climate talks: What can be expected from COP21 (Part 3 of 3)

Europe, the US and China have all submitted their plans to the UN ahead of the Paris talks, detailing greenhouse gas emissions reduction targets and measures to achieve them.

While the big players are getting serious on emissions reductions, there are still potential sticking points in the negotiations.

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I’ve got a fever, and the only prescription is more wind generation

The projected big winner in the Environmental Protection Agency’s pursuit of reduced carbon dioxide emissions by the power sector is wind generation.

The EPA’s Clean Power Plan, whose rules were unveiled Monday, is expected to trigger a boom in wind installations that could amount to a 63% increase in wind generation by the year 2020 over 2013 wind capacity totals, and an increase of 211% by 2030.

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Burn, baby, burn: North American natural gas gets ahead in generation

All over the news last week, media outlets highlighted a June US Energy Information Administration report that showed that for the first time ever, the US generated more electricity from natural gas than from coal in April. EIA data said the US generated 92.5 TWh from natural gas and 88.8 TWh from coal. This is the first time ever that any fuel source produced more electricity than coal. Although this might be a temporary blip (winter demand will send coal’s numbers past natural gas), it is still a huge deal.

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