coal electricity News
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Coal-fired power plants: EU endorses new OECD rules on export credits
New rules on export credits to coal-fired power plants, developed within an OECD framework, have been endorsed by the EU. This is an important EU contribution for the COP21 negotiations on climate change, which start in Paris on 30 November 2015. It marks a further step in work ongoing since 2012 in aligning export credit policies with climate change objectives. The participants to an ...
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$1.4bn clean coal power plant to be built in Illinois
A consortium of some of the world's largest coal companies and electric utilities has selected the small east-central Illinois town of Mattoon for FutureGen, a $1.4 billion coal-fueled power plant that is planned as the cleanest in the world. The FutureGen Alliance today announced that Mattoon was chosen over three other sites in Tuscola, Illinois; Jewett, Texas; and Odessa, Texas. 'The ...
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Solar is crowned “king of the world’s electricity markets” in new IEA report
Today the International Energy Agency (IEA) released its flagship World Energy Outlook 2020, modelling different growth scenarios for the future global energy system. Central to the report is the revelation that solar offers the “cheapest electricity in history”, leading Executive Director of the IEA, Dr Fatih Birol, to note that “solar [is] becoming the new king of the ...
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EIA Data Show the U.S. Manufacturing Sector Increasing Energy Efficiency and Production
The U.S. manufacturing sector was using 26% less energy in 2018 to produce goods domestically than it was using in 1998, according to data from the U.S. Energy Information Administration's (EIA) Manufacturing Energy Consumption Survey (MECS). The U.S. manufacturing sector's gross output also increased 12% over the same period. "U.S. manufacturing is becoming more fuel efficient and less labor ...
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ICE Broadens Ties With Platts; Will Distribute Platts` Real-Time Content to Become Integrated Information and Trading Platform
Platts, a leading energy, petrochemicals and metals information provider, and IntercontinentalExchange (NYSE: ICE), a leading operator of regulated futures exchanges, clearinghouses and over-the-counter markets, are combining capabilities to provide the market with an integrated solution for commodities information and trading, with ICE becoming a distributor of Platts' electronic products and ...
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US Oil output to near record; prices stay tame
The Energy Department says the nation's energy picture is getting ever rosier. Production is rising, consumption is slowing, and prices are expected to remain in check. According to the Energy Department's annual outlook, domestic oil output may regain the peak it reached in 1970 over the next two years and gasoline prices will fall over the same period to just over $3 per gallon. Natural gas ...
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Industrial valve sales to reach $50 billion by 2010
Sales of Industrial valves worldwide were just under $40 billion in 2004. By 2010, annual sales will exceed $50 billion reports the McIlvaine Company in its continually updated online, Industrial Valves: World Markets report. A number of publicly held valve companies reported double-digit sales increases in the first quarter of 2005. The market will continue to grow for a number of ...
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Platts Global Energy Awards Now Accepting Nominations for 2013 Program
Nominations are now being accepted for the 2013 Platts Global Energy Awards, which recognize corporate and individual excellence across the entire energy complex. A total of 18 awards will be given in five sections: Strategic Vision, Industry Leadership, Stewardship, Premier Projects and Leading Technologies. All nominations must be received by September 16, 2013. The Awards program, often ...
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Study: Your all-electric car may not be so green
People who own all-electric cars where coal generates the power may think they are helping the environment. But a new study finds their vehicles actually make the air dirtier, worsening global warming. Ethanol isn't so green, either. "It's kind of hard to beat gasoline" for public and environmental health, said study co-author Julian Marshall, an engineering professor at the University of ...
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Boeing 737 factory to move to clean energy
Boeing said Tuesday it plans to buy renewable energy credits to replace fossil-fuel power at the factory in Washington state where it assembles its 737 commercial airplanes. The aerospace company and the utility, Puget Sound Energy, said the plan will move the Renton factory near Seattle toward an all-renewable energy mix. Boeing Co. says it will offset electricity from coal and other fuels by ...
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Lawrence Livermore energy flow charts show renewable energy increase, energy efficiency down
Renewable energy resources are growing in the U.S., but overall energy efficiency is flagging, according to the most recent energy flow charts released by the Lawrence Livermore National Laboratory. The flow charts track the sources of energy for the nation and where it is used. Comparing 2016, the most recent year available, with 2011 showed stability in overall energy use at 97.3 quadrillion ...
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Informal agreement on notification of investment projects in energy infrastructure
The Council's Permanent Representatives Committee today (on October 23th) confirmed the agreement reached at the informal trilogue with the European Parliament on 16 October on the regulation concerning the notification to the Commission of investment projects in energy infrastructure within the EU. The text still needs to be formally approved by the Parliament, whose vote in plenary is ...
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Platts Expands ESPO Offering to Include Second-Month Price Assessments
Platts today launched a new daily price assessment reflecting delivery two months forward for ESPO crude oil. Platts is a leading global energy, petrochemicals and metals information provider and a foremost source of benchmark price references. "ESPO's supply role in Asia is growing rapidly as pipelines connect producers in Russia with consumers in the Pacific Basin," said Jorge Montepeque, ...
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New report shows coal plant closures needed by 2030 to meet Paris targets
Entitled "A stress test for coal in Europe", it presents the first science-based shutdown schedule for the EU’s over 300 coal power plants – in order for it to meet the Paris Agreement’s long-term temperature goal. The report shows that emissions from coal in the EU electricity sector need to be close to zero by 2030 (95 percent by 2030; 100 percent by 2031), with a quarter of ...
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EIA launches Coal Data Browser to provide detailed information on U.S. coal sector
The U.S. Energy Information Administration (EIA) launched today an interactive, online Coal Data Browser (www.eia.gov/coal/data/browser) that brings together in a single tool comprehensive government information, statistics, and visualizations about the U.S. coal sector. The Coal Data Browser gives users easy access to a vast array of coal information from EIA's electricity and coal surveys. The ...
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Finding New Offshore Regulator Difficult, Bromwich Tells Platts Energy Podium
Federal regulators have had some difficulty attracting candidates for the job of enforcing safety and environmental rules on offshore oil and gas drillers, Michael Bromwich, director of the U.S. Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE), said Tuesday. Bromwich has agreed to remain as head of the new U.S. Bureau of Safety and Environmental Enforcement (BSEE) when it ...
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Asia is set to support global coal demand for the next five years
Global coal demand is expected to decline in 2019 but remain broadly stable over the next five years, supported by robust growth in major Asian markets, according to the International Energy Agency’s latest market analysis and forecasts. The weakness in coal demand this year results mainly from coal-fired electricity generation, which is set to experience its largest ever ...
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Platts Survey: High Capital Costs and Maintaining Public Confidence Cited as Greatest Challenges Facing European Nuclear Power Markets
High capital costs and maintaining public confidence are seen as the greatest challenges facing the European nuclear power industry, according to a recent survey conducted by Platts, a leading global energy, petrochemical and metals information provider. The survey included more than 100 utilities, builders, consultancies, and regulators in Europe and precedes the eighth annual Platts European ...
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Innovative energy technology transforms wasted heat into electricity
WASHINGTON - The U.S. Environmental Protection Agency (EPA) is recognizing two companies for innovative new products that recycle wasted energy and turn it into usable electricity in homes or small buildings. Micro combined heat and power (CHP) systems are an emerging technology that can help change how we use and produce energy in our homes while protecting people’s health. When offsetting ...
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Coal investment is the most urgent climate threat
The future of coal has come under scrutiny from a perhaps unlikely source – the head of the organisation representing wealthy nations that relied on coal for 32% of electricity generation last year. Angel Gurría, secretary-general of the Organisation for Economic Co-operation and Development (OECD), said the scale of new investments in “unabated” coal-fired electricity ...
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