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Monday, 30 August 21
68% OF U.S. COAL FLEET RETIREMENTS SINCE 2011 WERE PLANTS FUELED BY BITUMINOUS COAL - EIA
 In 2011, the United States had 317.6 gigawatts (GW) of coal-fired electric generation capacity. About 88.7 GW of that capacity was retired in the decade that followed. Units fired by bituminous coal accounted for the largest share of retired capacity, at 68%.
Coal is classified into different types, or ranks. The two coal types most commonly used in U.S. coal-fired power plants are bituminous and subbituminous coal.
Generating units that burn bituminous coal were generally older and smaller, leading to more of them retiring than units fueled by subbituminous coal, particularly from 2011 to 2015.
The lower delivered price for subbituminous coal (because of more cost-effective mining practices) also makes coal plants that use it more economically competitive than bituminous coal-fired plants. In 2019, the delivered price of subbituminous coal was $1.86 per million British thermal units (MMBtu), compared with $2.26/MMBtu for bituminous coal.
Another important factor in coal capacity retirements is the degree of competition from other electricity generation sources in the regions where the plants operate.
Bituminous coal is predominantly mined in the Appalachian Basin and Illinois Basin; it’s the primary coal type used in coal plants in the northeast and southeast regions of the United States. However, many of these plants sourced their coal from mines in Appalachia, which quickly became uneconomical following the increase in natural gas production in the nearby Marcellus and Utica shale gas fields.
To take advantage of their proximity to expansive natural gas supply, producers built a large amount of natural gas-fired capacity in Pennsylvania and Ohio on top of the Marcellus and Utica shales. Of the 93.5 GW of natural gas capacity built in the United States from 2011 to 2020, 14.3 GW is located in Pennsylvania and Ohio. The build-out of natural gas capacity added to the economic advantage of natural gas, driving bituminous coal-fired plant retirements. Bituminous coal-fired capacity retirements in Ohio and Pennsylvania accounted for 20% of all coal retirements between 2011 and 2020.
Even with lower fuel prices, subbituminous coal-fired units are also retiring because of increased competition from natural gas and renewable sources. Subbituminous coal, primarily mined in Wyoming, is the dominant coal type used in the central part of the United States. Although coal-fired generation encounters less competition from natural gas in the central part of the country, the rapid growth of wind capacity in the central United States since 2011 has taken market share away from power plants using subbituminous coal.
Source: EIA
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Saturday, 16 October 21
DESPITE HIGHER COAL PRICES, U.S. COAL RECOVERY LOOKS WEAK BY MOST MEASURES - IEEFA
U.S. coal sector is locked into a long-term sectoral decline
Coal prices have surged to the highest level in years in the U.S., and have soare ...
Saturday, 16 October 21
COAL IS 'KING' AS GAS PRICES SOAR, TOTAL CEO SAYS - AND IT’S BACKFIRING ON CLEANER ENERGY GOALS - CNBC
Surging natural gas prices have led to a jump in coal use, with plants in Europe and Asia firing back up as temperatures decline and the world grap ...
Saturday, 16 October 21
VIETNAM'S COAL-FIRED POWER MAY DOUBLE BY 2030 UNDER DRAFT ENERGY PLAN - REUTERS
Vietnam may double the amount of coal-fired electric generation it installs by 2030 under a draft power development plan submitted to the prime min ...
Friday, 15 October 21
AUSTRALIA'S WHITEHAVEN EXPECTS TO BE DEBT-FREE NEXT YEAR AS COAL PRICES SOAR - REUTERS
Australia’s Whitehaven Coal WHC.AX said on Thursday it expects to be debt-free by early 2022, as thermal coal prices surge to record highs on ...
Friday, 15 October 21
WINTER CHILL KEEPS CHINA'S COAL PRICES HIGH, POWER CRUNCH STOKES INFLATION - REUTERS
China coal prices held near record highs on Thursday as cold weather swept into the country’s north and power plants stocked up on the fuel t ...
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- Petron Corporation, Philippines
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- Economic Council, Georgia
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- Videocon Industries ltd - India
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- Eastern Energy - Thailand
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- Coal and Oil Company - UAE
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- International Coal Ventures Pvt Ltd - India
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- CNBM International Corporation - China
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- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
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- Bangladesh Power Developement Board
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- Global Business Power Corporation, Philippines
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- Gujarat Sidhee Cement - India
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