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Selasa, 08 Februari 2011

Coal to remain top fuel source for US power generators: NMA - Platts

The US coal mining industry's role as the nation's top fuel source for power generation remains secure despite possible regulatory and legal roadblocks, the head of the National Mining Association said.

While coal's share of energy sources for US power plants may dip slightly over the next few years from its current level just shy of 50%, NMA President and CEO Harold "Hal" Quinn, in an interview on the Platts Energy Week television program, said the need for coal generation will only get stronger.

"I think it may go down a little bit, but I think if we are to maintain our competitive position as a country, I think we'd better be very careful about how much it does decrease since it's the lowest-cost and most-reliable source of electricity," Quinn said.

"We've had about 11 GW of new coal-fired plants added in the last 10 years here," Quinn said. Globally, 400 GW of new coal-fired power plants are to be brought online through 2015, he added.

But ever-new gas plays, which were "increasing competition in the marketplace," increased capital expenditures and "pressures on utilities" to retrofit power plants to meet new environmental standards as challenges for the coal industry, Quinn acknowledged.

"One area of great concern, in terms of timing, are the staggering costs that could be associated with these new regulations on conventional emissions from power plants," Quinn said. "We think the regulators will have to take a broader look at a more balanced approach to these regulations." more ...
Posted by Saham Pilihan at 05.46

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