In the news today…
- Utility Dive reports Arizona Public Service (APS) is studying the feasibility of generating power by burning forest biomass at one of its coal units in order to reduce wildfire potential.
- E&E Energywire reports industry CEOs’ inclinations to move away from coal and into green energy.
- E&E Greenwire reports metallurgical coal mines is the new impetus in the coal industry, but also warns that met coal has been a risky bet in the past.
- Argus reports the East Kentucky Power Cooperative expects demand for its electricity to increase through 2033, but coal-fired generation and consumption will mostly decline.
- Argus reports Contura Energy lowered its 2019 export expectations as seaborne prices continue to slide.
- Argus reports White Stallion Energy’s Eagle River Coal affiliate has applied for a permit to expand its No. 1 mine in Illinois.
- Bloomberg reports Royal Dutch Shell Plc agreed to sell LNG to a Japanese utility at prices that include a link to coal in a risk management strategy designed to compete with coal-fired generation in the home market.
- Argus reports Appalachian natural gas growth is coming to an end which could ease some competition with coal.
- IPR reports the Presque Isle Power Plant in Marquette, Michigan will be replaced by natural gas plants.
- E&E Energywire reports a growing demand for a rare earth mineral, neodymium, in the wind industry. The mineral is almost exclusively produced in China, but some researchers would like to turn to recycling the mineral over mining it.
Green Real Deal:
- The Hill reports Rep. Matt Gaetz has revealed a conservative re-imagining of the Green New Deal dubbed the Green Real Deal, which focuses on climate change as a national security threat.
- PoliticoPro reports the Senate Energy and Natural Resources Committee Thursday voted to send David Bernhardt’s nomination to lead the Interior Department on to the floor.