06/20/2013

The Climate Institute in Australia commented on Tuesday China's effort in establishing its own carbon trading scheme, saying China's policies since 2005 may lead to "the largest single absolute reduction for any country in the history of action on climate change".

06/20/2013

Highlights:

Board-approved development plan will deliver a 6 Mtpa clean coal capacity operation in one stage for C$458M, a capital efficiency of C$76 per tonne of capacity Significant improvement over the prior plan which called for a two-stage development to 6 Mtpa, for a cost of C$655M Competitive and robust process with globally recognised EPC contractors resulted in an optimised project and confidence around development costs, schedule and project delivery Terms agreed with the selected EPC contractor de-risk the capital budget by locking in ~50% (US$221M) of total development capital and also de-risk schedule to first production Construction of Vista to begin following regulatory approval, which is anticipated in the next few months, and shareholder approval of EIG and Borrowdale Park funding arrangements Schedule is robust and forecasts first coal in mid 2015 EIG facility to provide up to US$350M of funding, with balance expected to be secured by way of strategic project level investment and/or marketing or offtake arrangements

VANCOUVER, June 19, 2013 /CNW/ - Coalspur Mines Limited ("Coalspur" or "Company") (ASX: CPL, TSX: CPT) is pleased to announce the finalisation and Board approval of the development plan (the "Development Plan") for its Vista coal project ("Vista"). The Development Plan for Phase 1 of Vista involves:

Constructing and commissioning a six million tonnes per annum ("Mtpa") capacity thermal coal facility by mid-2015, with the capability to expand to 12 Mtpa; A development capital cost of C$458 million, with a lump sum turn-key contract covering US$221 million (approximately C$226 million) of this expenditure; and Constructing the 6 Mtpa facility in one stage as opposed to the previously envisaged two stages. This accelerated development is the result of a modified execution strategy and efficient re-engineering of the materials handling infrastructure and process flowsheet and presents significant savings (approximately C$197 million).

This final Phase 1 facility and design is consistent with Coalspur's regulatory application for Vista Phase 1 which is currently under final review with the Alberta regulators.

President and CEO Gill Winckler said "We are extremely pleased with the Development Plan that the Board has approved as it significantly enhances shareholder value. Shareholders will benefit from reduced capital requirements and a faster production ramp up than previously contemplated. Furthermore, being able to construct the facility in one stage as opposed to the previously envisaged two stages provides for more effective project execution and delivery.

06/19/2013

Chairman Sindh Board of Investment Muhammad Zubair Motiwala said that the quality of huge reserves at Thar Coal is recognised by the world renowned institutions and at Clean Coal Forum 2013 held from 13th to 14th June 2013 at Beijing, China.

06/19/2013

Chairman Sindh Board of Investment Muhammad Zubair Motiwala said that the quality of huge reserves at Thar Coal is recognised by the world renowned institutions and at Clean Coal Forum 2013 held from 13th to 14th June 2013 at Beijing, China. Chairman SBI during his address at the event explain to the international audience regarding current development projects in Thar, Sindh to increase access and develop infrastructure for increase participation of local & foreign investors.

06/19/2013

Excelsior Energy, the Minneapolis-based company that never delivered on its promise to produce electricity with clean-coal technology, is getting government help to clean up its debts.

A development agency for the Iron Range, where the company's ill-fated coal-gasification project was to be located, on Monday approved the outline of a deal that will allow the company to skip further payments on $9.5 million in state loans dating back to 2002.

The Mesaba Energy Project, which was to have been built by 2011, never got off the ground as the recession cut electrical demand, no utility wanted the power and the fracking boom cut the price of natural gas, leaving clean-coal projects unable to compete.

06/19/2013

The House Energy and Commerce Subcommittee on Energy and Power issued following news release:

The Subcommittee on Energy and Power, chaired by Rep. Ed Whitfield (R-KY), today continued its look into opportunities to expand U.S. energy exports with a hearing focused on regulatory, market, and legal barriers to the export of American coal and natural gas. America is entering a new age of energy abundance thanks to technological innovations and is now poised to become a leading global energy supplier. However, regulatory hurdles, outdated policies, and litigious environmental activists are preventing important energy export opportunities that could help create jobs, strengthen the economy, and improve America's trade balance.

"The reality is that market forces will determine the amount and to what extent we export our energy from the U.S. Policies that delay or prevent energy exports are detrimental to energy producing states like Kentucky, and they hurt the nation as a whole," said Whitfield. "Instead of arbitrary and irrational barriers placed on U.S. exports by the federal government, the U.S. can be a global energy leader by exporting affordable and reliable energy to poverty stricken countries that would otherwise have no electricity. I have concerns that the approval process for these export projects is not a balanced one as it clearly should be, especially in light of the opportunities before us."

06/19/2013

Clean Coal Technologies, Inc. (OTC Markets: CCTC) ("CCTI," "the Company"), an emerging cleaner-energy company utilizing patented technology (Pristine(TM)) to convert raw coal into a cleaner burning and more efficient fuel, announces an update on recent developments in the coal industry as it finalizes orders for the components needed to begin construction for the commissioning of pilot plant in Oklahoma. 

Oklahoma Pilot Plant Update:
Management is acutely aware of the interest from shareholders for regular updates on the progress of the pilot plant, however the company is also cautious not to create unreasonable expectations, and therefore has chosen to update only when critical milestones have been reached. Currently all plant components are on order and deliveries are beginning to ship.  The company is dependent upon the workflow schedules from vendors/manufacturers, and providing they continue to perform and deliver, as they have to date, CCTI will meet or be slightly ahead of schedule.  The company is projecting the start of the construction in July and delivery of the pilot plant to the coal fired utility in mid August with commissioning to take place in September.  Shareholders can expect to be informed when all component parts have been delivered and construction has commenced. After this, Management will inform the shareholders when the plant has been constructed and is mechanically performing perfectly.

06/19/2013

CIVIL engineering firm Dawnus has been awarded a contract to replace a pipeline and install a new turbine at a hydro-electric power station in North Wales.

Swansea-headquartered Dawnus, via its Bangor office, will do the engineering works in support of RWE npower renewables' £15m refurbishment of the Coedty pipeline.

The work will secure future power generation and local jobs at Dolgarrog hydro-electric power station.

06/19/2013

CANBERRA, June 18 -- The Climate Institute in Australia commended on Tuesday China's effort in establishing its own carbon trading scheme, saying China's policies since 2005 may lead to "the largest single absolute reduction for any country in the history of action on climate change".

06/18/2013

June 18, 2013

Coal is expected to continue to be a dominant fuel in power generation due to its low cost and abundance. Nearly ten billion tons of coal was produced globally in 2012, and over 40% of global electricity was coal powered. On a levelized cost of production basis, the global market value of coal-fired electricity exceeded $ 400 billion. Nonetheless, conventional coal power generation is a leading contributor to global greenhouse gas emissions and is increasingly being regulated and not incentivized. Further, clean and renewable energy sources are beginning to challenge conventional fossil fuels.

06/18/2013

Chairman Sindh Board of Investment Muhammad Zubair Motiwala said that the quality of huge reserves at Thar Coal has been recognized by the world renowned institutions and at Clean Coal Forum 2013 held from 13th to 14th June 2013 at Beijing, China.

06/18/2013

ALEXANDRIA, Va., June 18 -- United States Patent no. 8,464,530, issued on June 18.

"Control system to manage and optimize a geothermal electric generation system from one or more wells that individually produce heat" was invented by Michael J. Parrella (Weston, Conn.). According to the abstract* released by the U.S. Patent & Trademark Office: "A control system manages and optimizes a geothermal electric generation system from one or more wells that individually produce heat. The control system includes heat sensors that measure temperature and fluid flow and are placed at critical points in the wells, in piping, in a hot fluid reservoir, in a cold fluid reservoir and in a cooling system. The control system also includes pump and valve controls, generator controls, a network for gathering information and delivering instructions, and a processing module that collects information and communicates control information to each component." The patent was filed on Aug. 5, 2009, under Application No. 12/462,656. *For further information, including images, charts and tables, please visit:

06/18/2013



FULL TEXT

Almost everyone in the energy sector knows that power tariffs need to be revised upwards. Reason? The surging costs of inputs, especially coal and gas. Solar power has become cheaper for industry than power from the distribution companies (discoms). This could reduce off-take of industrial and commercial power from the grid, leaving state governments with less money to subsidise cheap power for agriculture and below-the-poverty-line (BPL) families. Unpaid bills, both by consumers and by state distribution companies, have added to the problem. Then there are losses and theft.

Something needs to be done to correct this situation, and increasing tariffs is one short-term solution.

06/18/2013

ALEXANDRIA, Va., June 18 -- United States Patent no. 8,466,577, issued on June 18.

"Wind turbine with adjustable electrical generator" was invented by Gerald L. Barber (Greenville, S.C.). According to the abstract* released by the U.S. Patent & Trademark Office: "A wind driven turbine includes a perimeter rim that carries a rotor, and a stator is positioned at the annular path of the rotor with field coils positioned on opposite sides of the rotor that generate electricity in response to the rotation of the rotor. A proximity gauging means selectively maintains the field coils at predetermined distances from the rotor. The wind turbine may be mounted on a floatable support." The patent was filed on Nov. 18, 2010, under Application No. 12/949,318. *For further information, including images, charts and tables, please visit:

06/18/2013



FULL TEXT

On the outskirts of Scunthorpe in northern England, workers at the large power station known as Keadby 1 are preparing to shut it down at the end of the summer, with the loss of about 40 jobs.

Its owner, the British utility Scottish & Southern Energy, says fluctuations in global energy markets have made the natural gas power plant unprofitable despite a multi-million pound renovation, as demand for electricity has plummeted since the financial crisis.

In response, the company plans to keep Keadby shut down until at least 2015. It has also delayed new energy investments and is planning to close almost a quarter of its fossil fuel power plants, including parts of the Ferrybridge coal power station near Leeds in northern England.

06/18/2013

It's a rare sight to see anything coming from the candy cane-striped stacks at Manitoba Hydro's generating station in Brandon.

While coal slowly fades into obsolescence as a source of energy, Manitoba Hydro continues to run the coal plant only for emergency backup in the city's east end.

06/18/2013

Office of the Maine House of Representatives has issued the following bill:

An Act To Exempt Small Privately Owned Windmills from the Property Tax
Be it enacted by the People of the State of Maine as follows:

06/18/2013

The Engineering Development Board (EDB) has approved the use of clean coal technology (CCT) to run the country’s existing power plants, amid efforts to find an economically and environmentally viable coal technology to address the looming energy crisis.

06/18/2013

THE first of 160 wind turbines has been installed at Gwynt y Môr offshore wind farm.

It marks a major milestone in the construction of the two billion euro windfarm which, once fully operational, will be capable of generating enough energy from the wind to power around a third of the total number of households in Wales. The 3.6 megawatt Siemens turbine was fitted more than eight miles off the North Wales coast, using the Seajack vessel last month.

06/18/2013

BEIJING, June 18 (Xinhua) ? Top stories of China's power and coal industries on June 18 as follows:

1. The China Coal Price Index (CCPI), a composite index tracking coal prices in China, dropped 0.4 point to stay at 163.2 points by June 14, according to statistics published on www.cctd.com.cn on Monday.

Power coal demand has not seen obvious increase on the coming of habitual peak season for coal consumption. Coal stocks at power plants remained high while their coal consumption kept low. Power coal prices dropped on sluggish transactions.