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Tenaska’s Strategy Backfires |
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Thursday, 28 June 2012 16:20 |
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Illinois legislators headed home for their summer break on June 1 after failing to pass a bill needed by Tenaska to construct a power project that began as a 602-megawatt coal gasification plant in 2007 and evolved into a 650-megawatt natural gas facility just three weeks before the spring session ended in Springfield.
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Anti-coal Rally Draws Little Attention in Portland |
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Friday, 01 June 2012 11:31 |
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Leading an environmental rally against proposed coal ports in the Northwest, environmental lawyer Robert F. Kennedy Jr. said a proposal to open new ports in the region will lead to political corruption and environmental damage, while the actual number of jobs it will create is minimal, according to the Associated Press.
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Ohio Utility Ordered to Keep Three Coal-fired Power Plants Online |
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Friday, 01 June 2012 11:30 |
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At the instruction of electric grid manager PJM Interconnections, on May 2, 2012, Ohio utility FirstEnergy Corp. stated it will delay the September closings of three coal-burning plants in northeast Ohio for three years so the company can upgrade some transmission lines. According to the Associated Press, the three coal plants that will now remain open until 2015 are in Cleveland, Eastlake and Ashtabula. They will only operate when demand increases, and Akron-based FirstEnergy still plans to close the coal units once the transmission lines, mostly in northern Ohio, are improved, company spokesman Mark Durbin said.
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Markey Calls for a Review of Coal Leases in Light of the Export Market |
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Friday, 01 June 2012 11:30 |
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With more emphasis being placed upon coal exports off the West Coast, it was only a matter of time before Washington realized it might be leaving a scrap of money on the table. Or perhaps this is just one more way for anti-coal Democrats to find additional ways to bankrupt the industry. Either way, on April 24, Rep. Ed Markey (D-Mass.), the Ranking Democrat on the House Natural Resources Committee, asked the Government Accountability Office (GAO) to conduct its first review of the government’s coal leasing program since 1994.
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CONSOL Energy Restarts Idled Longwalls in May |
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Friday, 01 June 2012 11:29 |
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CONSOL Energy announced it will re-start the longwall at its Blacksville mine May 1. “The company has largely concluded negotiations with thermal coal customers concerning deferred shipments, enabling us to resume our thermal guidance for the second quarter and beyond,” said Brett Harvey, chairman and CEO, CONSOL Energy. “A similar situation exists in the coking coal markets, where overseas steelmakers have been taking advantage of a lull in the strong longer term market to pressure coal producers into accepting prices lower than the benchmark.”
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