Tag Archives: coal

air pollution kills

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U.S. coal power plants have killed (i.e. caused premature deaths of) 460,000 people over 20 years, according to the Guardian. That is not going to include future premature deaths due to climate damage. Sure, even switching to natural gas is much better than this, but I can’t help comparing it to nuclear power. Deaths and risks due to nuclear power have been much exaggerated, in my view. I can imagine a world where nuclear power was implemented on a much larger scale, along with electric vehicles and electric HVAC in buildings, decades ago. It could have been the bridge fuel that got us to a more renewable future. Or maybe we would have even learned enough by doing to decide it was a good choice for the long haul. So the question now is whether to double down on nuclear research and implementation, or just throw all our eggs in other renewable baskets.

And as for air pollution, there are just so many reasons to make it a central issue, from the obvious health impacts of breathing particulate matter to the multiple benefits of spending more time outdoors getting around under our own muscle power in clean air. It could be a virtuous loop if we really made it a priority.

Trump may bail out obsolete coal-fired power plants

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According to Bloomberg, the Trump administration is about to subsidize obsolete, inefficient, and polluting coal-fired power plants. Remember the Republican sound bite about “picking winners and losers”? Hypocrites.

The plan cuts to the heart of a debate over the reliability and resiliency of a rapidly evolving U.S. electricity grid. Nuclear and coal-fired power plants are struggling to compete against cheap natural gas and renewable electricity. As nuclear and coal plants are decommissioned, regulators have been grappling with how to ensure that the nation’s power system can withstand extreme weather events and cyber-attacks…

The Energy Department would be relying partly on the Federal Power Act — the so-called Section 202 authority — that lets the administration order guaranteed profits for power plants that can store large amounts of fuel on site. And the Energy Department would be tapping the 68-year-old Defense Production Act, a Cold War-era statute once invoked by President Harry Truman to help the steel industry…

The issue is a priority for some of the president’s top supporters, including coal moguls Robert E. Murray and Joseph Craft of Alliance Resource Partners, who donated a million dollars to the president’s inauguration. The move would be one of the most direct efforts by Trump to make good on campaign promises to revive the nation’s shrinking coal industry…

“coal plant chicken”

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No, coal plant chicken is not grilling chicken using waste heat from a coal plant, although that is not a terrible idea. It’s the idea that coal-fired utilities are competing for slices of a shrinking pie, and they are going to blink out of existence one by one.

Zindler, BNEF’s head of Americas, said about half of all U.S. coal plants lose money on any given day as cheap gas, along with wind and solar farms, push electricity prices lower. Meanwhile, demand for power is flat. The result, Zindler said, is coal plants wrestle to outlast one another, fighting for a bigger piece of the pie. “Every day across multiple regional transmission operating systems, we see power plants staring across at each other and saying ‘Who is going to go first?’ ” Zindler said. “It’s only a matter of time as these plants try to outlast each other.”

Elsewhere in the same article, coal-fired utility executives say this is not true because coal and nuclear are currently the only two cost-effective ways to generate a constant base load. I don’t have the expertise to agree or disagree, but I know that nuclear technology is advancing, and battery technology which can be used to smooth out intermittent loads is also advancing.

Firstenergy close to bankruptcy

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Firstenergy, a major coal and nuclear utility in Ohio and Pennsylvania, is asking those state governments for subsidies to help it avoid bankruptcy. It’s biggest critics? Groups like the Sierra Club, which you might expect, but also the oil and gas industry.

Natural gas and renewable energy have been making up a larger amount of the country’s electric grid, eating into coal and nuclear power on wholesale markets. With that backdrop, FirstEnergy is also asking the Department of Energy to issue an immediate emergency order to PJM Interconnection, the grid operator for mid-Atlantic states, to provide “just and reasonable” compensation to its fleet of aging coal and nuclear power plants in order to keep them open…

“The Nation’s security is jeopardized if DOE does not act now to preserve fuel-secure generation and the diversity of supply…”

“FirstEnergy needs to stop misleading the public and government officials about the status of its power plants in Ohio and Pennsylvania,” said Todd Snitchler, Market Development Group Director for the American Petroleum Institute, in a statement. ”For FirstEnergy to cry wolf on the issue of grid reliability is irresponsible and is the company’s latest attempt to force consumers to pay for a bailout.

The collapse of the coal industry isn’t all that surprising, and anyone who has children or lungs should be glad. The possibility of nuclear going down with it is a little surprising. The idea of nuclear appeals to me at least a little bit, but it seems like the economics and keeping the plants up and running just isn’t working out. I wonder if this is just because most of our nuclear plants consist of obsolete, 50-year-old technology, or if nuclear really just will never be able to compete.

coal industry collapse

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The stocks of U.S. coal companies have almost completely collapsed.

But times have changed, and the market value of coal companies has collapsed. The four largest coal companies were worth a combined $21.7 billion dollars in June 2010. Now they’re worth $1.2 billion. Two other large coal concerns, Patriot and James River, have both filed for bankruptcy in recent years. And one market analyst told the Financial Times in February to expect “multiple bankruptcies in US coal over the next 12-18 months.”

They blame it on a combination of low natural gas prices and government regulation. I think it has more to do with the former – natural gas is cleaner and newly cheap, so there is just no reason to stay with coal. The regulators have probably been emboldened because they see that there are clear alternatives. There is no mention of renewables in this article, but I suspect they play a role.