Power

Four in five EU coal power plants are unprofitable and utilities could lose €6.6 billion this year alone, finds a new report from financial think tank Carbon Tracker.

Arch Coal, Inc. has reported net income of US$106.8 million or US$6.34 per diluted share, in 3Q19, compared with net income of US$123.2 million, or US$6.10 per diluted share, in the prior year period.

Anthracite coal demand has increased massively in the last few years.

Bituminous coal producer Wolverine Fuels has appointed Carson Pollastro as its Chief Operating Officer.

BHP has announced four new renewable power agreements, to meet power demand for its Escondida and Spence copper operations in Chile.

According to the new policy, AXIS will not provide insurance or facultative reinsurance for new thermal coal or tar sands extraction and pipeline projects and their dedicated infrastructure.

“40% of surveyed CEOs are currently investing in the research and development of low emission technologies from carbon capture and storage to energy efficiency projects,” says QRC.

Research and development resulting from the Coal FIRST initiative will underpin coal-fired power plants that are capable of flexible operations to meet the needs of the evolving grid.

Environmental Liability Transfer, Inc. (ELT) today announced the purchase of the retired Fox Lake generating plant from Alliant Energy’s Iowa energy company.

NTPC’s installed capacity now reaches 57 106 MW, with two 660 MW units at Tanda and Khargone super thermal power plants.

The keynote focused on state-of-the-art energy R&D, and scientific and technological initiatives related to fossil energy that bring together multidisciplinary teams to meet some of the nation’s most important energy challenges.

The new 1200 MW power plant in Binh Thuan east of Ho Chi Minh City will resolve power shortage in Southern Vietnam.

Canadian Utilities Limited has completed the sale of its Canadian fossil fuel-based electricity generation portfolio.

Edenville Energy PLC has announced the company’s unaudited interim results for the 6 months ended 30 June 2019.

Paringa has commenced shipping coal to its second customer OVEC-IKEC, with coal procured by AEP on behalf of OVEC-IKEC.