One sector that could end up benefiting with the increase in demand for power from AI anddata centers is the coal industry, where coal-fired power plants in the U.S. have been challengedover the past decade by the rise of cheap natural gas and environmental regulations. …
News Tag: coal
Reliable Energy is the Best Fuel for Our National Security
Today’s modern world runs on energy. Every facet of society—industry, commerce, healthcare, our communities large and small—depends on access to affordable power. This is a reality none of us can evade, yet power is the one necessity most of us take for granted. When it comes to our national security, we seem oblivious to this …
The Moral Case for Coal
As advanced nations pursue the glittering dream of transitioning to alternative forms of energy–issuing calls and challenges for the rest of the world to join the parade–the one constant that got us here in the first place has been unfairly slandered and vilified to promote the promise of renewable energy. …
Why Coal Remains A Stubborn Part Of Our Energy Mix
Since 2006, trillions of dollars have been invested, both directly and through government subsidies, into wind and solar power technologies, carbon offsets programs, and NGOs trying to rid the Earth of fossil fuels. The environmental industry is still booming, but is it actually delivering on its promise of saving the planet? How will our renewable energy …
Coal Is One of the Biggest Winners from Trump Victory
Trump’s victory could extend the life of coal plants for years, because he plans to throw out the Biden administration’s environmental rules on the fossil fuel. Despite pledges by several countries to use less coal, it has stuck around, and global coal demand even rose to a record level last year—largely because of increased use …
Duke Extends the Life of Its Largest Coal Plant
Duke Energy Corp. plans to extend the life of its largest coal-fired power plant for 3 years, pushing aside its climate goal to shutter all facilities that burn coal by 2035. Duke says its emission-reduction goals are not changed but are not linear and its resource plans are not final decisions as they are revised regularly. Duke’s power …
The Supreme Court Will Not Stay the EPA Power Plant Rule While It Goes through the Lower Courts
The Supreme Court has decided not to stay the EPA’s “power plant rule” that requires the use of an expensive and non-commercial technology while lower courts deliberate the rule and its legality. …
Higher Electricity Costs and Coal Retirements
PJM, the largest electric grid operator in the nation,conducts an auction annually to ensure that its 13-state region has sufficient electricgenerating capacity − roughly speaking, enough power plants − to meet its future electricitydemand. The purpose of the recent auction was to procure generating capacity for 2025/26.The most striking thing about the auction was the …
Renewables not cost competitive until mid-century – Glencore
Renewable energy will not be cost competitive with fossil fuels until 2050, Glencore said on Tuesday, much later than energy organizations forecast and supporting the mining and trading giant’s case for continued investment in coal. …
PJM power auction results yield sharply higher prices
An annual power market auction by the largest U.S. electrical grid operator resulted in prices more than 800% higher than last year as supply dwindled and demand increased, the operator said on Tuesday. …