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Fossil Energy Assistant Secretary “Optimistic” about future of coal

Assistant Secretary for Fossil Energy Steven Winberg said that because of the Trump Administration’s energy policies, “We have reason to be optimistic about coal.” In a keynote speech at the Washington Coal Club’s annual awards luncheon in Washington, D.C., Assistant Secretary Winberg noted that the “Administration truly understands the value and the necessity of coal—and the coal industry,” he said. He also stressed the potential of technology to ensure coal’s competitiveness in the U.S. energy mix.

“We are at the beginning of the next cycle of coal technology advancements—and we have the opportunity to make great strides in efficiency and cost improvements to the existing coal fleet, and to accelerate the development of transformational technologies.”

The 300-member non-profit Washington Coal Club was established in 1982 as a forum for discussion of issues that impact the coal industry.  Its membership includes US industry executives, academia, policymakers, and legislators. Winberg made his remarks after accepting the Club’s Annual Achievement Award on behalf of Secretary of Energy Rick Perry. 

Winberg highlighted the Energy Department’s research on advanced clean coal technologies, including supercritical CO2 power cycles that can reduce the size and cost of future coal-fired power plants, while improving their efficiency. In addition, he outlined some of the research the Department is pursuing to upgrade the Nation’s existing fleet of coal power plants, including improvements to turbines, boilers, and other critical components. 

Winberg also discussed early research now underway to extract critical rare earth elements (REE) from coal and coal by-products, noting that three Department-led projects recently found high levels of REEs in various coal samples.

“This is exciting research, and it could lead to a whole new value proposition for coal—and to new industries and jobs in coal country,” he said.

Published by World Coal, December 27, 2017

This month's top international coal headlines

  • A nuclear deal with Moscow would not only squander billions, but would compromise SA's sovereignty — Daily Maverick
  • Energy Access Outlook 2017 — IEA
  • Industrial action at Optimum coal mine in South Africa — Platts CTI
  • Richards Bay stocks plentiful despite South Africa coal mine strike: source
    — Platts CTI
  • CIF ARA market pushes higher despite little March interest — Platts CTI
  • Strong South African coal bids boost markets amid tight supply — Platts CTI
  • RB prices likely to edge up on limited supplies, Newcastle — SACR
  • South African coal sales climb to record $10.3bn in 2017 — MCR
  • New SA president likely to address mining charter issues
    — McCloskey Coal Report
  • Leon expects mining industry to have a future under Ramaphosa’s Presidency — Mining Weekly
  • Arbitrage opportunity for South African coal to India — Platts CTI
  • Vessel queue at Richards Bay Coal Terminal rises to 25: cFlow — Platts CTI
  • FOB prices push CIF ARA market higher — Platts CTI
  • Global thermal coal demand to outstrip supply, grow by 5% in 2018: Noble
    — Platts CTI
  • Atlantic thermal coal derivatives trading rises 55.4% on month to 70.8Mt: LEBA — Platts CTI
  • CIF ARA spot market loses ground, futures recover — Platts CTI
  • The Future of Coal in South Africa — Mining Journal Africa
  • Indian demand for South African coal rises: sources — Platts CTI
  • South African mining industry makes compelling case for protection of coal
    — African News Agency
  • Vessel queue at Richards Bay Coal Terminal up one to 15: cFlow — Platts CTI
  • Solar And Wind Are Taking Over The World — Bjørn Lomborg
  • Growing hope Ramaphosa will fix S. Africa’s mining charter problem
    — McCloskey Coal Report
  • Eskom struggles to compete for coal supplies amid export rally
    — McCloskey Coal Report
  • South Africa to benefit from coal demand surge in India, Pakistan
    — McCloskey Coal Report

2018 archive

January 2018
  • Is Global Warming Making Us Hungrier? — Bjørn Lomborg
  • Richards Bay Coal Terminal (RBCT) exported a record 76.47Mt of coal in 2017 — Platts CTI
  • Anglo American continues exit from South African coalWorld Coal — Platts CTI
  • RBCT reports record high 2017 coal export volumes — Platts CTI
  • Richards Bay terminal reports record high 2017 coal export volumes at 76.5Mt — Platts CTI
  • Cyril Ramaphosa to tackle Mining Charter impasse — BusinessLIVE
  • Anglo American 2017 coal production falls 6% on year to 81.82Mt — Platts CTI
  • Vessel queue at Richards Bay Coal Terminal drops to 16: cFlow — Platts CTI
  • CIF ARA spot coal price retraces on lower bids, offers — Platts CTI
  • Indonesian miners aim for higher production — Platts CTI
  • India’s electricity generation — World Coal Association
  • India's self-sufficiency goals, renewable energy, overcapacity, and railway system — Coaltrans
  • South32 flags downside risk over weaker domestic demand
  • Eskom’s financial woes threaten to push South Africa off ‘coal cliff’
  • RBCT coal vessel queues total 22, up five from last week: cFlow — Platts CTI
  • Roadmap to nowhere: the myth of powering the nation 100% with renewable energy — Energy Post
  • CIF ARA coal markets stagnant despite early morning deal — Platts CTI
  • China buying, India struggling — Platts CTI
  • Komipo buys 130,000 mt of South African coal — Platts CTI
  • Atlantic thermal coal trading limited as prices drop — Platts CTI
  • Coal prices face moderate correction — Platts CTI
  • South African coal competitively priced to India — Platts CTI
  • Slack demand keeps CIF ARA coal trading light — Platts CTI
  • Steam coal prices look overcooked — McCloskey Coal Report
  • Indian buyers resist rising South African market — Platts CTI
  • Global primary energy demand — World Coal
  • South African, US coals flow to India — Platts CTI
  • Vessels delayed at Richards Bay Coal Terminal: cFlow — Platts CTI
  • Steam Coal Outlook 2018 & Beyond — Coal Asia

2017 archive

 

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