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voda 24 december 2018 13:26

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Chinese benchmark power coal price edges down

According to Qinhuangdao Ocean Shipping Coal Trading Market Co Ltd, China’s benchmark power coal price went down slightly during the past week due in part to high inventory in coal-fired power plants. The Bohai-Rim Steam-Coal Price Index, a gauge of coal prices in northern China’s major ports, stood at CNY 570 per tonne on Dec 18, down from 571 yuan a week ago. The index was also 1.21 percent lower than that of the same period a year ago.

Despite robust daily consumption, coal stockpiles remained at a high level. On Dec 19, six major coastal power plants saw a total of 16.92 million tonnes of coal inventory, up nearly 6 million tonnes year on year.

Analysts also pointed to growing bearish sentiments on coal prices and a gloomy global market. The country is in the middle of capacity cutting in its overloaded coal sectors, with plans to reduce a further 150 million tons of capacity this year.

The Central People’s Government of the People’s Republic of China.

Source : Strategic Research Institute

voda 24 december 2018 13:27

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Workers at Port Kembla Coal Terminal walk off the job in fight against casualistion - Mr Timbs

Mirage News reported that workers at Port Kembla Coal Terminal have walked off the job overnight in a fight to protect permanent employees from being replaced by casual contractors. PKCT have been stalling in negotiations for a new Enterprise Agreement to cover the workforce, with negotiations running for nearly four years, said CFMEU Mining and Energy South-West Vice President Mr Bob Timbs. The key sticking point is the company’s insistence on removing a clause that would protect current permanent workers being replaced by casual contractors.

Mr Timbs said that “There is an epidemic of casualisation across the coal mining industry and the wider workforce. Unless workers are protected, we see time and again that employers will outsource their jobs to labour hire contractors offering casual work with substandard pay and conditions. Workers everywhere are seeing their hard-won conditions under attack by employers, with the constant threat of being replaced by a contract workforce.”

Source : Mirage News

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voda 24 december 2018 13:28

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Coal miner killed in Somerset County accident - Report

WTAJ reported that a coal miner working at AK Coal in Jenner Township was killed this morning. That miner was originally believed to have serious injuries, but was pronounced dead by the coroner soon after.

Police said that they're still investigating and aren't releasing any details about how who miner was or how he was killed.

Source : WTAJ

voda 24 december 2018 13:29

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South Africa coal train derails, export line shut - Transnet

Reuters quoted freight firm Transnet as saying that a 200-wagon coal train derailed in South Africa, shutting down the rail line that links mines to the Richards Bay export terminal. The crew were unhurt in the incident in which 51 wagons derailed. “The export line has been closed to allow engineers and maintenance crew to re-rail the wagons and repair the line. The closure will impact all commodities that are transported on the line, like coal and chrome,” Transnet’s freight rail unit said in a statement.

South African coal loadings this month are on course to be their highest since at least 2015, buoyed by strong demand in Asia. South Africa has loaded 7.95 million tonnes of coal in December, Refinitiv Eikon data showed, up from 5.3 million in November and 6.5 million a year earlier.

Source : Reuters

voda 24 december 2018 13:29

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CIL banks on 8 railway corridors to boost productivity by 2022-23

Financial Express reported CIL will be able to reach near its aspirational goal of producing 1 billion tonne by 2022-23 if all the eight proposed railway corridors are in place by then. Unless there can be a support system to evacuate an incremental coal production of 350 million tonne per annum, increasing mine productivity would make no sense. While an ICRA report suggests that over the long and medium term, the major thrust of CIL’s coal production is expected to come from the coalfields of North Karanpura, under Central Coalfields in Jharkhand, Manraigadh in Korba and Gevra in Chhattishgarh under South Eastern Coalfields and Talcher & IB Valley in Odisha under Mahanadi Coalfields, railway connectivity remains critical to increase production in these coalfields.

CIL’s subsidiary Northern Coalfields has almost zeroed down on a plan to produce 115 mt by 2022-23 through expanding its Jayant and Dudhichuia mines and opening a green field Semaria mines, in the next two-three years. This would fetch an additional 2 mt of production per annum.

NCL is injecting `1,150 crore that will boost the company to join the 100 million tonne production club this fiscal. Only two subsidiaries, at present, South Eastern Coalfields and Mahanadi Coalfields, are producing in excess of 100 million tonne per annum among all the CIL subsidiaries.

Mr PK Sinha CMD of NCL said that the company will be producing 100.5 mt this fiscal against 93 mt in produced in 2017-18. He said that “Our Capex of the year is `1,150 crore, which will mainly go in procuring equipment and fund expansion. The equipment, I am sure, will help is enhancing our mining activities for which we have zeroed down on a plan to produce 115 mt in 2022-2023, the year in which CIL has kept its aspirational target of producing 1 billion tonne.”

Mr Sinha said that NCL after meeting the demand for the pithead thermal plants aggregating 13,000 MW of generation from thermal power stations of NTPC, Lanco, and Uttar Pradesh Rajya Vidyut Nigam has also proposed sending about 20-25 mt of dry fuel to the starved thermal power plants in North India. The country’s largest super thermal power plant at Vindhyachal of NTPC of 5000MW is fed by NCL. It supplied 26 days of coal stock against normative requirement of 15 days.

Source : Financial Express

voda 24 december 2018 13:31

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Mining expert visits the rat-hole coal mine in East Jaintia Hills

PTI reported that mining expert and award winning rescuer Mr Jaswant Singh Gill on Thursday visited the rat-hole coal mine in Meghalaya's East Jaintia Hills where over a dozen labourers are trapped and suggested that the state government seek help of Coal India in the rescue operation. Mr Gill, who shot to fame after he successfully rescued 64 miners from a flooded quarry in West Bengal in 1989, arrived at Lumthari village in East Jaintia Hills district and expressed concern after seeing the water level at the mine and on receiving inputs about rat-hole mining practised in the state, a police officer said.

SP of East Jaintia Hills, P Sylvester Nongtynger said that "The mining expert arrived here Thursday and took stock of the situation. He suggested to the deputy commissioner of the district to seek help from Coal India."

Over a dozen miners were reportedly trapped on 13 December after water from nearby Lytein river gushed into the illegal coal pit. All efforts made by the district authorities to trace them have been futile over the past seven days.

Source : PTI

voda 24 december 2018 13:31

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Worst Czech Coal Mine Blast in Decades Kills 12 Poles, One Czech

VOA reported that a methane explosion killed 12 Poles and one Czech at state run OKD mining coal mine in eastern Czech Republic. A methane blast more than 800 metres underground devastated areas of the CSM hard coal mine near the town of Karvina and the Polish border on Thursday afternoon. OKD spokesman Ivo Celechovsky said “We stopped underground work immediately, evacuated miners to the surface and rescuers arrived who inspected the whole location thoroughly. The affected part of the mine was being sealed off to starve the fire of air and rescue teams would only be able to return to recover the victims at an unspecified date when conditions allowed.”

OKD had previously said that 11 Poles and two Czechs died, but added later one of those thought to be Czech was in fact a Polish citizen.

The accident is the worst mining disaster in the Czech Republic since 1990, when 30 miners died in a fire at a mine near Karvina in the same region.

Source : VOA

voda 24 december 2018 13:32

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Australia’s most valuable coal export in 2018 - Report

SMH reported that coal will replace iron ore as Australia’s most valuable export this financial year as supply concerns lead to a steep price rise for the core commodity. The Department of Industry, Innovation and Science’s latest Resources and Energy Quarterly report said thermal and coking coal export values would reach AUD 67 billion in total in 2018-19, slightly higher than iron ore's AUD 61 billion in value. Coal's rise comes despite growing public opinion against the mineral. Coal leapt over iron ore as supply concerns ratcheted up the price. It is the first time coal has overtaken iron ore in value since the mining boom five years ago.

Coal's rise comes despite growing public opinion against the mineral, particularly for thermal coal which is used in power generation. There has been less opposition to coking coal as it is used to make steel.

Indian miner Adani has faced a massive backlash from the public and the Queensland state government as it attempts to develop the Carmichael thermal coal mega-mine in Queensland, while many Australian banks are now refusing to provide loans to develop new thermal coal mines in Australia.

Source : SMH

voda 24 december 2018 13:33

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Weekly US coal production jumps to 15-week high - EIA

US Energy Information Administration data showed that weekly US coal production reached an estimated 15-week high of 15.48 million st in the week that ended December 15, up 3% from a week earlier and 0.9% from the year-ago week. It was the third straight week and fifth time in the last eight weeks that all four basins saw week-on-week increases. The total for Week 50, which was the sixth highest weekly output in 2018, was 10.2% lower than the five-year average for the corresponding week. Utility stockpiles remained low on an aggregate basis, totaling an estimated 98.15 million st as of December 13, down roughly 30% from a year earlier, according to S&P Global Platts Analytics.

For the latest week, estimated coal production in Wyoming and Montana, which is primarily made up of production from the Powder River Basin, totaled a 15-week high of 7.03 million st, up 2.2% from last week and 1.3% from the year-ago week. On an annualized basis, production in the two states would total 340.19 million st, down 3.3% from a year ago.

In the Illinois Basin, estimated weekly coal production was also at a 15-week high of 2.04 million st, up 4% from last week and 1.2% from the year-ago week. Annualized production in the IB basin would total 104.27 million st, up 0.7% from the 2017 total.

Weekly coal production in Northern Appalachia totaled a 24-week high of 2.09 million st, up 2.4% from the prior week but 1.6% lower than the year-ago week. It was the only major basin to see a decrease from the year-ago period.

Source : Platts

voda 27 december 2018 19:56

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Search suspended for coal miners trapped in ‘rat hole’ India mine - Report

UPI reported that a desperate search for survivors of a flooded coal mine in northern India temporarily stopped Monday while the country waits for more powerful water pumps to arrive. About 20 miners went into 370-foot illegal coal mine on December 13 and became trapped when water from the Lytein River flooded the shaft in Meghalaya, India. Five managed to escape horizontal shafts, called rat holes. We have temporarily suspended pumping of water out of the mine as the exercise did not yield any positive result, district Deputy Commissioner FM Dopth told the Press Trust of India. The water level has not subsided.

The 15 workers have been trapped for 11 days and are now feared dead. Rat hole mining was banned in India in 2015 but young adults and children are still employed at the mines because they can better fit in the holes. One of the managers of the mine was arrested and two others are on the run.

Officials said that there's currently about 70 feet of water in the shaft. Rescue divers could enter the mine once the water level recedes to about 40 feet, Superintendent of police Sylvester Nongtynger said.

The trapped miners have become a political issue in India, as political opponents in Congress criticized the state for its failure to rescue the miners, citing Thailand's much-publicized rescue of young soccer players last summer.

Source : UPI

voda 27 december 2018 19:58

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Chinese thermal coal imports fall to 16 month low

China's thermal coal imports in November fell to their lowest level since July 2017, suggesting that the government's stricter enforcement of import curbs is having an effect. Thermal coal imports - which include imported shipments of lignite, bituminous, and sub-bituminous coal - totalled 13.52mn t in November, down by 15pc from 15.97mn t in November 2017, according to China's customs administration data. The imports also fell by 18pc compared with the previous month of October when thermal coal imports totalled 16.45mnt. Overall coal imports - including coking and anthracite coal - displayed a similar bearish trend in November, falling by 13pc year on year to 19.15mn t.

November lignite coal imports fell by 23pc from a year earlier to 6.05mn t, while bituminous coal imports fell by 21pc to 4.61mn t. China's only increase was for sub-bituminous coal imports, which are mostly from Indonesia. They rose to 2.86mn t in November, up by 24pc from the year-earlier month. But this coal variety made up just over 20pc of China's total thermal coal imports.

The drop in thermal coal imports last month came despite thermal power generation in November rising by 3.9pc from a year earlier to 405.1TWh or 13.5TWh/d, according to the national bureau of statistics. This was also up by 15pc from October.

Quota enforcement
China's central government introduced a quota system in April this year to curb 2018 coal imports at levels not higher than last year. The government reinforced the system in November as several provinces had already exhausted their 2018 quotas and the total import quota set for the country was running out fast. Customs authorities asked major power plants to stop booking new cargoes and to postpone cargoes that had already been booked until at least next January.

Total imports for all types of coal for January-November have already reached 271.19mn t, which exceeds the 270.9mn t achieved over the whole of last year, according to the customs data. This means total coal imports have already exceeded the government's quota for 2018, which was set at parity with total 2017.

Imported thermal coal shipments totalled 201.1mn t for January-November, up by 17pc from the same period of 2017.

The stricter enforcement of import curbs from November slowed China demand and weighed on seaborne coal prices in the Asia-Pacific market. The price of Australian NAR 5,500 kcal/kg coal, which mostly sells to China, dropped by 10pc from the end of October to $57.91/t fob Newcastle on 30 November, according to Argus assessments. The price of GAR 4,200 kcal/kg Indonesian coal, which normally sells in large volumes to east and south China, registered an even greater fall of 22pc month on month to $28.73/t fob Indonesia on 30 November.

Although the central government has not given a clear indication for import policy next year, a few of China's coastal utilities have booked imported cargoes for deliveries in the first quarter, expecting these imports to roll into the new 2019 quota. This has helped lift seaborne coal prices slightly since then, leaving the price of GAR 4,200 kcal/kg Indonesian coal at $30.52/t fob on 21 December, according to Argus assessments.

Source : Argus

voda 27 december 2018 20:06

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CIL to reach its target of 1 billion tonne production per year by 2022-23

Swarajya reported that the state-owned, world’s largest coal producer, CIL will be able to reach its target of producing one billion tonne per year if all the proposed railway corridors are in place. The plan to increase mine productivity will be faulty if there is no way to transport an incremental 350 million tonne per annum. An ICRA report delineates that rail connectivity is crucial to the coalfields of North Karanpura, in Jharkhand, Manraigadh in Korba and Gevra in Chhattisgarh under and Talcher & IB Valley in Odisha, since these would be significant thrust of CIL’s future coal production.

Northern Coalfields, as a subsidiary of CIL, is infusing INR 1,150 crore into the company to join the 100 million tonne club. The only other two subsidiaries of CIL to produce 100 mt are South Eastern Coalfields and Mahanadi Coalfields. Mr PK Sinha, chairman and MD of NCL said that the company would produce 100.5 mts this fiscal when compared to 93 mt in produced in 2017-18. He stated that their Capex (capital expenditure) of INR 1,150 cores would go into procuring equipment and fund expansion to enhance their mining activities. NCL has almost finalised to expand the Jayant and Dudhichuia mines and to open a new one at green field Semaria mines in the next three years. These would yield 2mts of production per annum and have NCL produce 115 mts by 2022-23, thus keeping CIL’s target of 1 billion tonnes by that year.

Mr Sinha said that the coal evacuation would get sorted in the next two-three years once the rail links between Katni and Singraulli (260 km) and Ramna and Singraulli (160km) are doubled.

Source : Swarajya

voda 27 december 2018 20:09

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Coal supply improving, no holiday load shedding - Eskom

Eskom says that residents and holidaymakers travelling throughout the country can be assured that there will be no load shedding during this festive season. The power utility says that everything is being done to the keep lights on. It says maintenance is being carried out at all of its power generating units. Its coal supplies have also improved. Dealing with its coal supply as well as maintenance at its generating units are the two factors being addressed currently.

Spokesperson Mr Khulu Phasiwe says while power supply should be fine for now, residents are warned that when schools reopen in January, the situation may change. He said that “When the schools reopen and the factories and people come back from their holidays, that will obviously bear a lot of pressure on the national grid.”

However, he says people should not panic about January.

He said that “We cannot say there will be load shedding, we don’t want people to start panicking about January.”

Source : EWN

voda 27 december 2018 20:09

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Ukraine reduced coal project by 4pct in Jan-Oct 2018

Open for Business reported that coal mining enterprises of Ukraine in January-October 2018 reduced extraction of coal by 4.1% (by 1.189 million tonnes) compared to the same period in 2017, to 27.688 million tonnes. The Ministry of Energy and Coal Industry told Interfax-Ukraine production of coking coal decreased by 11.7% (by 652,500 tonnes), to 4.908 million tonnes, steam coal by 2.3% % (536,800 tonnes), to 22.779 million tonnes.

In October 2018, production of run-of-mine coal grew by 5% compared to the same month in 2017, to 2.839 million tonnes. Coal mining companies managed by the ministry for the ten months ending October 2018 reduced production by 13.3%, to 3.454 million tonnes, in particular production of coking coal was down by 42.8%, to 436,000 tonnes, steam coal decreased by 6.3%, to 3.018 million tonnes.

The mines of Donetsk region for the ten months of this year provided production of 9.253 million tonnes of coal (2.6% less compared to January-October 2017), Luhansk region some 427,300 tonnes (down by 73.3%), Dnipropetrovsk region some 16.594 million tonnes (1.1% more), Lviv region some 1.324 million tonnes (3.8% up), and Volyn region some 89,400 tonnes (1.9% up)

Source : Open for Business

voda 27 december 2018 20:10

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5 coal miners trapped in northwest China's Shaanxi Province - Xinhua

According to Xinhua News Agency, five miners were trapped in a coal mine in Yan'an city, northwest China's Shaanxi Province. The incident happened at about 9:50 a.m. Rescue efforts are underway. Authorities are investigating the cause of the incident.

Source : Xinhua

voda 27 december 2018 20:12

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CIL tries out ‘Made in India’ electric dumper

In an effort to support Make in India, CIL, for the first time, has started using an indigenously-made, 205-tonne electric dumper, a critical piece of equipment in mining. The dumper has been developed by state-owned BEML and is expected to increase competition among suppliers, bring down costs and improve availability of spares. The electric dump truck is on trial at one of the largest Coal India subsidiaries, Northern Coalfields’ Amlohri coal mine, where all low-capacity dumpers are being replaced by larger ones. This e-dumper is the biggest deployed at NCL. A senior executive from Northern Coalfields “If the dumper can successfully complete its trial run of six months, BEML will be able to participate in tenders for higher capacity dumpers floated by Coal India. One such tender has been recently floated, which involves procuring 96 high capacity dumpers for NCL at a maximum cost of `1,500 crore. Another set of 10 dumpers is being procured for Eastern Coalfields.”

Mr PK Sinha CMD of NCL said that “The use of latest and modern technology in various works related to coal production and dispatch has always been the basis of NCL’s success stories. Deployment of this indigenously-developed electric dumper will strengthen NCL’s preparedness to further new targets.”

Currently, equipment supply to Coal India is dominated by a Russia’s Belaz, Tata Hitachi and Caterpillar and each of these high-capacity dumpers come at prices upwards of INR 15 crore.

Source : ET

voda 27 december 2018 20:12

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Whitehaven Coal alleged of breach of contract by Mr Nathan Tinkler

SMH reported that former mining magnate Mr Nathan Tinkler is taking listed coal producer Whitehaven Coal to court, alleging breach of contract over shares issued as part of a deal struck in 2012. Whitehaven has denied any wrongdoing and says it will vigorously defend itself against the action. In a statement to the Australian Stock Exchange, Whitehaven said it had been served on December 21 with a statement of claim by Mr Tinkler in the Supreme Court of Queensland.

The ASX announcement said that “The proceedings have been commenced by Nathan Tinkler, who claims to be trustee of the Boardwalk Resources Trust, and is purportedly brought on behalf of Tinkler and a number of parties who were issued with 'milestone shares' in Whitehaven in May 2012. Whitehaven denies in the strongest possible terms any wrongdoing, will vigorously defend the proceedings, and seek to have it dismissed at an early stage.”

Mr Tinkler was declared bankrupt in 2016 with debts totalling USD 540 million, six years after being announced Australia's youngest billionaire. However, the bankruptcy was annulled in April this year, documents filed with the Australian Financial Security Authorities insolvency index shows.

Part of the claim Mr Tinkler has now brought relates to “milestone shares” Whitehaven issued to investors in Boardwalk Resources Ltd when it bought the unlisted explorer and merged with Aston Resources in a USD 5.1 billion deal in May 2012. These shares were to be fully paid up if mining leases and environmental approvals were received for certain Boardwalk projects.

A Tinkler Group affiliate was Aston's largest shareholder with 32 per cent of its shares, as well as an investor in Boardwalk Resources.

The Whitehaven statement said that “Tinkler asserts in the proceedings that he holds certain milestone shares, however, Whitehaven understands that Boardwalk Resources Investments Pty Ltd is the owner of those shares and that Boardwalk is in liquidation.”

Mr Tinkler’s statement of claim says that he and other Boardwalk investors were going to be issued 85.89 million Whitehaven shares and 34.02 million milestone shares.

Source : SMH

voda 28 december 2018 14:05

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Insurers won’t cover Adani coal mine in Australia - Report

Asia Times reported that many insurance companies have shied away from providing cover for the Adani Group’s proposed coal mine in northeastern Australia because of the huge amount of flak the controversial project has received from the public and environmentalists. Ten of the world’s largest insurers and reinsurers have refused to provide support for the USD 16.5 billion Carmichael coal mine and rail project 160km northwest of Clermont town in central Queensland because of concern it would exacerbate climate change.

Five global reinsurers – AXA, SCOR, FM Global, QBE and Suncorp – have now pledged not to provide insurance for the project. Meanwhile, another five – Allianz, Munich Re, Swiss Re, Zurich and Generali – have existing climate policies that exclude support for the mine, Asia Insurance Post reports.

Earlier this month 73 prominent environmental organizations wrote to 30 global insurance firms, urging them not to provide insurance for the mine, which would be one of the biggest in the world.

However, certain prominent US-based re-insurers such as AIG, AXIS Capital and Berkshire Hathaway are reportedly yet to respond on this matter. Environmental groups have said the Carmichael coal mine and rail project would produce 4.6 billion tonnes of carbon dioxide emissions over its lifetime, equivalent to more than eight years of greenhouse gas emissions in Australia.

They also argue that a rail line to transport the coal to an export terminal at Abbot Point near the Great Barrier Reef, would spur dredging and ship traffic that could do irreversible damage to the reef, which is one of the world’s most biodiverse ecosystems and a World Heritage site.

Source : Asia Times

voda 28 december 2018 14:23

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Global coal demand set to remain stable through 2023 despite 2018 increase - IEA

Clean Technica reported that despite the fact that global coal demand is expected to rise for a second year in a row in 2018, the International Energy Agency nevertheless believes that coal demand will remain somewhat net-stable through 2023 due primarily to declines in Europe and North America being offset by strong growth in India and Southeast Asia. The International Energy Agency published its latest coal market report, Coal 2018, earlier this month revealing what many have already suspected - global coal demand will increase in 2018. Global coal returned to growth in 2017 after two years of decline, growing up 1%, and is now expected to grow again in 2018 due in large part to strong coal power growth and demand in China and India.

Unfortunately, for those looking to restrict and constrict coal-fired power generation, the IEA believes that “market trends are proving resistant to change” despite the increased attention across the globe being given to fossil fuel divestment and moves away from coal power generation.

Mr Keisuke Sadamori, Director of Energy Markets and Security at the IEA, said that “The story of coal is a tale of two worlds with climate action policies and economic forces leading to closing coal power plants in some countries, while coal continues to play a part in securing access to affordable energy in others. For many countries, particularly in South and Southeast Asia, it is looked upon to provide energy security and underpin economic development.”

According to most observations, will follow through 2018, the global coal dichotomy is highlighted strongly in the change in coal consumption between 2016 and 2017 which.

The IEA’s figures can sometimes be a little too fossil fuel-optimistic, and given the timing of this report, no one is around to shed any light on the IEA’s methodology. However, while the IEA has been accused of failing to properly integrate the growth of renewable energy sources into their models — and the attendant speed of fossil fuel decline in Western markets — its Coal 2018 report is unlikely to be too far off the mark, if at all.

The reality is that there is a lot going on in the global power mix at the moment, as can be highlighted by the fact that, even as coal demand is expected to remain relatively stable through 2023, its share of the total energy mix will nevertheless decline from 27% to 25%, according to the IEA. Global coal demand will continue to be constricted in Western markets like Europe and the United States — as policies and natural market dynamics push these regions away from coal and towards renewable energy sources — but will be offset by strong growth in India and other Asian countries. Specifically, India’s increase in coal demand is currently 3.9% per year, but is slowing, as the country continues to invest in a large-scale expansion of its renewable energy sector. The IEA also expects to see significant increases in coal use in Indonesia, Vietnam, Philippines, Malaysia, and Pakistan.

Unsurprisingly, China is the world’s main source of coal demand — accounting for 14% of global primary energy, the largest share in the world — but the IEA expects to see a gradual decline in demand through the report’s forecast period as the country continues to implement clean air policies that will crack down on polluters and serve to somewhat constrain China’s coal demand. The IEA expects Chinese coal demand will fall by around 3% over the next five years.

In the West, however, the equations are not as simple as they might first appear. Large-scale coal declines are the hallmark of the energy sector in the United States and Europe. US coal consumption is expected to hit its lowest level in 39 years in 2018, according to the United States’ own Energy Information Administration, down to 691 million short tons (MMst), a level not seen since 1979.

Demand in the United States is being heavily influenced by both the explosive growth of renewable energy generation sources such as wind and solar as well as the drop in natural gas prices, which together have served to consistently eat away at the United States’ coal industry.

Source : Clean Technica

voda 28 december 2018 15:09

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Poland planned 1 GW Ostroleka C coal plant gets 15 year support

SP Global reported that Zloty 6.023 billion (Eur1.4 billion) 1 GW Ostroleka C project, which energy ministry officials have said will be Poland's last large coal plant, was awarded 15 years of subsidies in a capacity auction. Energa said the company set up to build Ostroleka C, Elektrownia Ostroleka, was awarded a 15-year contract to deliver 853 MW of capacity in 2023.

The company's co-owners, Energa and Enea, had said a notice to proceed for the investment would only be given if the project won capacity subsidies.

The December 21 auction cleared in round 8 between Zloty 189.95/kW/year (Eur44.35/kW/year) and Zloty 217.06/kW/year, the country's transmission system operator PSE said.

In Poland's first capacity auction last month, PSE awarded subsidies for 22,427 MW of mostly hard coal and lignite-fired capacity, including two hard coal-fired 900 MW units at Opole, a 910 MW hard coal-fired unit at Jaworzno and a lignite-fired 490 MW unit at Turow that are under construction.

A 1,075 MW hard coal-fired unit at Kozienice, commissioned a year ago, was also awarded a 15-year contract in the auction.

In July, Elektrownia Ostroleka signed a contract with GE Power and Alstom Power to build the unit on the site of the 647 MW Ostroleka B plant in northeastern Poland owned by Energa.

Ostroleka C would have a net efficiency of at least 45%. Energy ministry officials have said the unit is indispensable for power supply security and needed to synchronize the Polish power grid with those of the Baltic states.

Source : SP Global

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