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Weekly coal news highlights: 23 – 27 November 2015

Published by
World Coal,


Coal plant updates

  • Eskom is continuing with its capacity expansion with the construction of two coal-fired power plants, Medupi and Kusile, as well as a pumped storage scheme, Ingula.
  • Mitsubishi Hitachi Power Systems, jointly with Daelim Industrial of Korea, will supply a boiler to the Shinseocheon 1000 MW thermal coal-fired ultra-supercritical pressure power plant in South Korea.
  • FirstEnergy has completed preventive maintenance work on its power plants in the US, including six coal-fired plants, to ensure facilities are ready for a surge in energy demand.
  • Indonesian national electricity utility, PLN, has selected Black & Veatch to lead the Lontar coal-fired power extension project.
  • Toshiba has won an order in Indonesia for 1000 MW ultra-super critical steam turbine and generator for expansion of Cirebon coal-fired thermal power plant.
  • Mitsubishi Hitachi Power Systems Ltd. it will provide an ultra-supercritical-pressure boiler and flue gas desulfurisation system for a 1000 MW capacity expansion project at an existing coal-fired power generation plant in Cirebon, Indonesia.

Sales and Acquisitions

  • Coal of Africa (CoAL) and Universal Coal have agreed the terms of an offer that would see CoAL acquire Universal for AUS$91 million.
  • Peabody Energy enters a definitive agreement with Bowie Resources to sell its New Mexico and Colorado coal assets for US$358 million.

Corporate affairs

  • Sandvik has announced its Chief Financial Officer, Mats Backman will leave the company.
  • The Electric Power Research Institute appoints two new interim members of the Board of Directors.
  • Effective 1 January 2016, Johnny Pappas will take up the position of Director of Environment and Permitting at Arizona Mining, a Canadian mineral exploration company.

Coal handling

  • SSAB and Aspo Group’s ESL Shipping Ltd have signed a long-term frame agreement reduce CO2 emissions and reduce overall logistics costs.
  • North American rail company, Canadian Pacific, has made an offer for US rival, Norfolk Southern.

Coal mining

  • Rio Tinto’s Bengalla opencast coal mine has taken on five new electrical and plant mechanic apprentices.
  • Mining machinery manufacturers in Germany are expecting a 3% fall in international sales for the current year, 2015, but are positive for the future, according to the Mining Association in the German Engineering Federation.
  • TAURON has reported coal extraction and higher sales volumes have helped the company’s mining business to increase earnings.

Outlooks on COP21

  • The World Coal Association has called for global support for low-emission coal technologies in its COP21 position statement.
  • The American Coal Council has called on the COP21 climate change negotiations to recognise the importance of clean coal technology in meeting the world’s energy and environmental needs.

Not to be missed …

  • The new Premier of Alberta has announced the phase out of coal-fired power by 2030 in a step that the new Canadian federal government may seek to copy.
  • The UK government has broken its pledge to support the development of carbon capture and storage commercialisation by withdrawing funding for its CCS Competition just 6 months after it was due to be awarded.
  • Coal will remain an essential part of the UK energy mix for at least the next ten years, according to the Association of UK Coal Importers, despite government plans to phase it out by 2025.

Written by Harleigh Hobbs

Read the article online at: https://www.worldcoal.com/coal/27112015/a-week-in-coal-23-27-november-2015-3219/


 

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