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Coal Industry Stock Review - December 2012
Posted:
Sun 16 Dec 2012, 20:20:47
by Graeme
The
IEA is publishing their medium-term coal market report tomorrow. In the meantime, members can view this:
Coal Industry Stock Review - December 2012Coal is burned as fuel or gasified to create a synthetic gas (syngas) that can then be used as feedstock for the production of chemicals, fertilizer and electric power. Coal is also used for producing heat through combustion.
The U.S., Russia, Australia, China, India and South Africa have the largest coal reserves in the world. Coal is produced in 25 states in the U.S., spread across three coal-producing regions. The majority of current production originates in just five states: Wyoming, West Virginia, Kentucky, Pennsylvania and Montana. China, the U.S., India, Russia and Japan account for 77% of total global coal use.
The Energy Information Administration (EIA) estimates, even if no new reserve is added, the present U.S. coal reserve will exhaust in 168 years, taking into consideration the incremental production rate. This is promising because, in addition to the many existing ways to use coal, the future holds new methods and potential for growth. Products from coal may soon be part of communications and transportation systems, computer networks and even space expeditions.
As per the World Coal Association, proven global coal reserves are estimated to be 861 billion tons. This reserve is expected to last nearly 112 years at the current rate of production. On the other hand, proven oil and gas reserves are projected to last around 46 years and 54 years respectively at current production levels. We believe the volume of reserves and availability of coal in most of the countries across the globe make it a globally accepted source of power generation. At present, around 40% of the global electric generation plants are coal fired.
The importance of coal as a source of generating power increased over time with the rise in industrialization. However, alternatives to coal have now emerged, curbing coal’s dominance to a certain extent.
zacks
Re: Coal Industry Stock Review - December 2012
Posted:
Tue 18 Dec 2012, 15:33:48
by Graeme
Medium-Term Coal Market Report 2012 FactsheetCoal demand is growing everywhere but the United States. The trend of the last decade continued in 2011, with coal supplying near half of the incremental primary energy supply globally. Coal demand grew 4.3% in 2011, or 304 million tonnes (mt). Chinese demand grew by 233 mt. The only region where coal demand declined was the United States. That drop is neither policy-driven nor a consequence of recession but rather the result of the availability of cheap gas.
Even though coal demand growth is slowing, coal’s share of the global energy mix is still rising, and by 2017 coal will come close to surpassing oil as the world’s top energy source. The world will burn around 1.2 billion more tonnes of coal per year by 2017 compared with today. That’s more than the current annual coal consumption of the United States and Russia combined.
China has become the largest coal importer in the world. In 2009, China became a net coal importer for the first time. In 2011, it became the largest coal importer, surpassing Japan, which had held the position for decades. Chinese imports (including Hong Kong) reached 204 mt in 2011 and they continued to grow in 2012.
Indonesia has become the largest coal exporter in the world. As another example of the increasing weight of non-OECD countries, Indonesia surpassed long-standing leader Australia as the largest exporter on a tonnage basis. Floods in Queensland in 2010-2011 constrained Australian exports, while Indonesia growth did not stop, surpassing the 300 mt line.
The coal renaissance in Europe is only temporary. Low CO2 and high gas prices plus coal oversupply coming from US have made coal more competitive than gas for power generation, triggering coal consumption. However, increasing use of renewables, retirement of coal plants, and more balanced gas and coal prices will decrease coal consumption in most of Europe. All in all, coal demand in 2017 will be 10 million tonnes coal equivalent (mtce) higher than in 2011, as growth in Turkey will offset the more general decline.
Bad times for US coal. The fiercest competition for coal occurs in United States, where gas has gone below the $2/MBtu line. Whereas exports recently could alleviate the plight of US coal producers, declining demand will give rise to cuts and layoffs in mines, especially in the high-cost Appalachia area. Medium-Term Coal Market Report 2012 projections for US coal demand by 2017 are 600 mtce, a dramatic fall from 697 mtce in 2011. US production is projected to fall from 771 mtce in 2011 to 697 mtce in 2017.
India will increase its influence in coal markets. Endowed with large coal reserves, a population of more than 1 billion, electricity shortages and the largest pocket of energy poverty in the world, India makes the perfect cocktail to boost coal consumption. Domestic industry’s performance will allow India to be the largest seaborne coal importer by 2017 with 204 mtce and the second-largest coal consumer, surpassing United States.
Australia will recover its throne as the biggest coal exporter. Despite some issues such as rising labour costs and domestic currency rate, which give Indonesia competitive advantages, Australia will concentrate a great share on infrastructure and mine expansion investments to become the largest exporter, with 356 mtce by 2017, well above Indonesia’s total exports then of 309 mtce.
Enough investments are planned and in progress to ensuresupply. Uncertainties will delay or cancel many of them. In the pipeline are almost 300 million tonnes per annum (mtpa) of terminal capacity and the 150 mtpa (probable) to 600 mtpa (potential) of mine expansion capacity, more than enough to meet coal demand in a secure way over the outlook period. But current low prices and uncertainty about economic growth, especially when related to China, will delay and stop some investments.
ieaHow to fix the 21st Century's dirty engine of growthThanks to abundant supplies and insatiable demand for power from emerging markets, coal - the fuel of the Industrial Age - has met nearly half of the rise in global energy demand during the first decade of the 21st Century. Amid mounting concerns about the impact of carbon dioxide emissions on Earth's climate, the massive growth in coal use represents a troubling paradox. Whether the rise of CO2 emissions from coal continues will depend on the strength of policy measures that favour the deployment of more efficient coal-burning technologies and lower-emissions energy sources like renewables and natural gas.
But the biggest hope for reducing emissions from coal may come from policies that encourage its replacement by lower-emission energy sources. A meaningful carbon price can do this, but so can cheap natural gas - as recent U.S. experience suggests. The boom in unconventional natural gas has prompted U.S. power generators to switch from coal to gas en masse.
The US experience suggests that a more efficient gas market, marked by flexible pricing and fueled by indigenous unconventional resources that are produced sustainably, can reduce coal use, CO2 emissions and consumers' electricity bills, without harming energy security. China, Europe and other regions should take note.
huffingtonpostMaria van der Hoeven is executive director of the International Energy Agency
Re: Coal Industry Stock Review - December 2012
Posted:
Tue 08 Jan 2013, 19:15:10
by Graeme
Growth in coal demand and supply to slow in 2013: Deutsche BankPrices for seaborne thermal coal will stay above production costs for larger mines this year, while demand and supply of the fossil fuel will slow because of weaker economic growth and falling U.S exports, Deutsche Bank said in a report on Tuesday.
Prices for Australian and South African coal benchmarks will be largely unchanged this year as a forecast 3 percent growth in
demand for seaborne coal, driven mainly from China and India, will be met by a corresponding 3 per cent rise in supply, leaving the market short by 19 million tonnes, the German bank said.
South African coal delivered into Europe (API 4 FOB Richards Bay) will average $93/tonne this year, unchanged from last year's levels, while Australian exports of coal (Newcastle FOB) are likely to fall to $95 from $97 seen in 2012, meaning most larger producers of coal will still be able to break-even or produce at a profit, the German bank said.
Deutsche Bank estimated costs of production to be around $89-93, but only smaller producers are likely to be loss-making this year as wages and equipment costs stabilise and demand from fast-growing developing economies is likely to underpin the market, the report added.
"There is no single explanation for higher demand. In India, it is a perennial shortage of fuel for power generation amidst a slowly improving price tariff environment," Deutsche Bank coal analyst Michael Hsueh told Reuters.
"In China, (higher demand) is primarily driven by the need to fill in the gap between demand and domestic production to whatever degree it is beneficial. We do believe that we are seeing a recovery in China and that it will strengthen throughout the year," he added.
The report said recent economic indicators suggest that China, the world's second-largest economy, could see growth pick up this year at a slightly faster rate compared with 2012, when the pace of expansion slowed and prompted the cancellation of some orders for coal and the build-up of big stockpiles.
economictimes
Re: Coal Industry Stock Review - December 2012
Posted:
Wed 09 Jan 2013, 18:29:46
by Graeme
U.S. retires more than 9,000 MW of coal-fired power in 2012More than 9,000 megawatts of coal-fired generation were retired in the United States during 2012, and another 36,000 MW of older coal-fired plants are expected to retire in the next several years, Reuters reported. Stricter regulations from the Environmental Protection Agency have made it more difficult for coal-fired plants to stay open, the source said. Cheap natural gas has also played a role.
Coal plants provide about 316 gigawatts of generation in the United States - about 30 percent of the 1,039 GW electric fleet. It's estimated as much as 60,000 MW to 100,000 MW of coal-fired generation may be shut down across the nation in the future, Reuters reported.
Newer gas-fired power plants are proving natural gas as a cheaper alternative to coal. Reuters said the price of gas fell to a 13-year low in 2012.
EPA's guidelines have led Georgia Power, for example, to ask state regulators to shut down 15 coal-and oil-fired generators, the Daily Caller reported. If those go offline, the state would lose more than 2,000 MW of electricity generating capacity. The company said the cost of complying with current and future federal regulations, as well as the low cost of natural gas, led it to make the decision to shut down coal and oil operations.
More details on the U.S. coal-fired power industry can be found at PennEnergy's research area.
pennenergy
Re: Coal Industry Stock Review - December 2012
Posted:
Tue 30 Jul 2013, 18:41:12
by Graeme
Despite slowdown, global coal remains a planet-destroying monsterHowever, this bit of good news should not distract from the larger picture, which is decidedly grim. As oil prices remain stubbornly high, the rapidly urbanizing developing world has turned to coal, which has been growing at a furious pace and is on the verge of becoming the world’s primary energy source. Even if its momentum is slowing slightly, it remains a world-crushing behemoth.
No one has been following this story more closely than energy analyst Gregor Macdonald. This is from his blog:
Yikes! As Macdonald writes, “Only a very small portion of the global public is aware that global coal consumption has advanced by over 50% in the past decade.”
What’s more, while coal’s hyper-growth may be slowing slightly, many of the long-term drivers behind it remain firmly in place. In particular, as developing-world urbanization pushes more global energy demand into cities, the balance of power (as it were) shifts to electrical grids, precisely where coal is strongest.
In China, coal expansion is slowing in part due to small, inefficient plants being closed, but as Michael Davidson explains (in a great series on energy in China), shifting to bigger, more efficient, longer-lived plants may lock in a coal “floor” in China for many decades to come.
It’s worth noting that the U.S. Energy Information Administration (EIA) is somewhat more bullish on coal than Goldman Sachs. According to its 2013 International Energy Outlook, in the absence of strong climate policies, coal will grow … well, a whole sh*t ton. Climate Progress reports:
If business as usual continues for the world’s climate policy, the EIA’s mid-range projections show consumption of coal — the dirtiest fossil fuel in terms of carbon emissions — increasing by over a third by 2040. It nearly doubles by that time under the worst case scenarios. Specifically, the EIA’s “Reference Case” projects global coal consumption jumping from 147.4 quadrillion Btu of energy in 2010 to 219.5 in 2040. … But looking across the range of scenarios the EIA lays out, coal consumption could only reach 182.2 quadrillion Btu by 2040 — or go as high as 297.3 quadrillion Btu.
grist
Re: Coal Industry Stock Review - December 2012
Posted:
Wed 14 Aug 2013, 20:31:31
by Graeme
'War on Coal' Gains SteamFor these reasons, many coal plants will close in the next several years, according to a Navigant Research report published last week. Engineering, demolition and remediation companies stand to win what's expected to be more than $400 million in revenue this year from coal-plant decommissioning in North America, the Eurozone and the U.K. That revenue stream will top out at more than $1.2 billion in 2016, the study projects, before easing back down as the number of old coal-plants declines.
Navigant Research estimates that there will be 137 plant closures in North America and 144 in Europe by 2020, Martin said, totaling 53 gigawatts and 49 gigawatts, respectively.
Strapping explosives to an obsolete facility is a simple, inexpensive step in the decommissioning process. "In other words, it's pretty easy to blow stuff up," Martin said. Environmental remediation, which can be choreographed by large firms such as TRC Cos. and Amec, is much tougher. "The origin of this report was us kind of looking out there and saying, 'Wow, a lot of these coal plants are retiring. What the hell are they going to do with them? And, whatever they decide, who's going to take care of that?'" Martin said.
bloomberg
Re: Coal Industry Stock Review - December 2012
Posted:
Tue 20 Aug 2013, 18:54:03
by Graeme
The Declining Value Of Coal Just Killed Another Export TerminalOn Monday, the Port of Corpus Christi announced it was scrapping plans to build a coal export terminal, scoring a major victory for environmentalists and offering further proof of the declining market value of coal. According to a press release from the Sierra Club, New Elk Coal Company signed a lease with the port in 2011 and will pay a one-time fee to cancel it.
New Elk’s decision matches a recent Goldman Sachs report which concluded, “The window to invest profitably in new mining capacity is closing.” The report cites three main reasons for coal’s decline: 1) environmental regulations that discourage coal-fired generation, 2) strong competition from gas and renewable energy and 3) improvements in energy efficiency.
As demand for coal decreases domestically, companies are increasingly desperate to ship their product overseas to energy-hungry nations like China and India. The Goldman Sachs report points out this might not be the smartest move, however, considering near-term demand for coal imports in China is collapsing.
Even though plans for new coal export terminals are hitting the wall, the U.S. is still exporting a massive amount of coal. In March, the Energy Information Administration (EIA) released data showing U.S. coal exports hit a record 126 million short tons in 2012, a 17 percent increase over the previous year. And as National Geographic points out, “The United States clearly is using less coal: Domestic consumption fell by about 114 million tons, or 11 percent, largely due to a decline in the use of coal for electricity. But U.S. coal production fell just 7 percent.”
thinkprogress
Re: Coal Industry Stock Review - December 2012
Posted:
Thu 22 Aug 2013, 00:06:12
by Graeme
Carbon Catastrophe: Obama Administration To Sell 316 Million Tons Of CoalToday the Obama administration’s Bureau of Land Management will hold the first of two major coal lease sales over the next month from public lands in Wyoming’s Powder River Basin. Combined, they will allow the extraction of almost 316 million tons of taxpayer-owned coal that, when burned, will result in significant carbon pollution. The second sale is scheduled for September 18.
Burning this coal will release 523,524,951 tons of carbon dioxide into the air, according to a Climate Progress analysis using BLM’s environmental analyses and the Environmental Protection Agency’s Greenhouse Gas Equivalencies Calculator. This is equivalent to the emissions from nearly 109 million passenger vehicles every year. For comparison, there are approximately 253 million vehicles in the U.S.
thinkprogress
Re: Coal Industry Stock Review - December 2012
Posted:
Mon 26 Aug 2013, 19:23:20
by Graeme
China will soon have 40% more coal than the combined weight of the human populationYears of excessive investment are catching up with China, and the latest example is coal. Its reserves now contain 220 million tons (200 million tonnes) of coal, as the Hao Hao Report notes. That puts China on track to have as much as 440 million tons by the end of 2013, according to the China National Coal Association (CNCA)—around 40% more than the combined weight of the entire human population.
+
This excess coal has driven prices down by half, compared with the same period last year. Now 24 of China’s biggest coal companies—nearly one-third—are losing money, says Jiang Zhimin, vice-chairman of the CNCA. ”All the enterprises in the provinces and municipalities of Heilongjiang, Jilin, Yunnan, Chongqing, Anhui and Jiangxi are experiencing losses,” adds Jiang.
+
How does a country amass that much unneeded coal? By pumping trillions of yuan into coal mines, for one. From 2000 to 2005, investment totaled only 200 billion yuan ($32 billion at the 2013 exchange rate). In 2012, even as the economy noticeably faltered, China invested 529 billion yuan ($86 billion in 2013 terms) in coal mining.
quartz
Re: Coal Industry Stock Review - December 2012
Posted:
Sat 21 Sep 2013, 22:37:07
by ROCKMAN
Looks like China maybe getting some of their coal with a bit of help from another nation...the Navajo Nation. From Al Jazeera:
As the Navajo Nation moves toward buying a coal mining plant in New Mexico, controversy has erupted within the tribe. Environmentalists say the mine devastates the local ecosystem, while advocates tout it as a way to bring money to the impoverished community. When the Australia-based company BHP Billiton announced it would pull out of the plant in 2016, it was good news for Dixon -- until she found out that her tribe, the Navajo Nation, could soon be a new investor.
Tribal lawmakers voted Monday to form a limited-liability company that would run the mine, located near Farmington, N.M. The tribe said it will decide by next July 1 whether to purchase the mine from the Australian firm for about $85 million.Navajo President Ben Shelly must sign off on the creation of the Navajo Transitional Energy Co. Lawmakers said it would be part of a transition to renewable energy production in the future, though critics of the mine purchase don't believe that.
Tribal officials estimate the tribe could turn a profit of at least $200 million every year, which would represent a major increase in revenue for a native government dealing with a 40 percent poverty rate and high unemployment. "Look at how fast technology advances every day. Coal does have a future, and at some point that future will be realized," Navajo Nation Council Delegate LoRenzo Bates told Al Jazeera.
Navajo environmentalists feel ecological concerns outweigh any potential economic benefit. Brett Isaac studied economics and then started his own solar energy company, Shanto Energy. He believes coal is dirty fuel and disrespects the environment. "Utilizing coal as our means of income kind of counteracts all the things that we were brought up to believe and hold as sacred," Isaac said. Navajo Council Delegate Dwight Witherspoon said he is as concerned about the use of fossil fuels and their impact on the world and the climate. But, he said, "for us to engage in the transition to more efficient or renewable type of energies, this provides us essentially with revenue to assist us in that transition."
So in order to afford the costly transition to renewable energy the Navajo Nation will use coal profits to finance the effort. Perhaps this will be the rationale used by England et al to justify their future efforts to counteract PO.
Re: Coal Industry Stock Review - December 2012
Posted:
Sun 22 Sep 2013, 18:09:57
by sparky
.
A point to note is that coal , like crude oil come in various grades
carbon content and contaminants have to be considered
the best and easiest deposits were exploited first
glorious Anthracite , with more than 95% carbon , is largely depleted
the Chinese and American seams contain a lot of sulfur .
while Australia ,for political reasons ,used brown coal in the Latrobe valley power plant
the closure of nuclear power plants in Japan and Germany means more coal will be used
Re: Coal Industry Stock Review - December 2012
Posted:
Sun 29 Sep 2013, 12:04:00
by ROCKMAN
Sparky - Looks like the coal industry may have a way to high grade the value of those poorer quality coals. US coal companies are already making near all-time record revenue exporting coal such as the 500% increase to China we've already seen. Sounds like a potential boost to stock prices.
Mainland China energy companies are stepping up their investment in projects to turn coal into liquid fuel, chemicals and natural gas, as tumbling coal prices caused by oversupply make such processes more lucrative. They had already been experimenting with such projects as a way to meeting rising demand for energy and chemicals, since the mainland is rich in coal but poor in oil and gas. Now, with prices of imported oil and gas staying high, replacing them with cheap domestic coal - particularly coal from remote regions - to produce downstream fuel and industrial chemicals makes economic sense.
http://www.downstreamtoday.com/news/art ... a_id=40834
Re: Coal Industry Stock Review - December 2012
Posted:
Mon 30 Sep 2013, 08:45:31
by sparky
.
Oh yes , there is Peak Oil but peak carbon will go down fighting
coal to liquid kept the Wehrmacht in business ,
I did not follows the break even price but a couple of years ago it was 76$/b
I guess setting up some infrastructure is a good precautionary idea
well worth throwing some government money its way .
just to work out the development bugs and forming tech and engineers on the real thing
Re: Coal Industry Stock Review - December 2012
Posted:
Mon 30 Sep 2013, 08:55:55
by ROCKMAN
sparky - I wonder if one of our clever cohorts here could whip up what I think might be an illuminating number: simple how mane tons of carbon have we pulling out of the ground, say monthly, for the last 40 or so years. Coal isn't oil and oil isn't NG. But a ton of carbon from coal is the same as a ton of carbon from oil or NG. After all, every ounce of carbon pulled out of Mother Earth ends up somewhere...it isn't destroyed in the process. I bet someone has already done the calculation.
Re: Coal Industry Stock Review - December 2012
Posted:
Mon 30 Sep 2013, 14:30:51
by dolanbaker
RM, a quick google produced this
http://cdiac.ornl.gov/ftp/ndp030/global.1751_2010.emsfrom
http://cdiac.ornl.gov/trends/emis/meth_reg.htmlA lot of links to various datasets both globally & regional, all data can be downloaded.
- Code: Select all
***********************************************************
*** Global CO2 Emissions from Fossil-Fuel Burning, ***
*** Cement Manufacture, and Gas Flaring: 1751-2010 ***
*** ***
*** July 30, 2013 ***
*** ***
*** Source: Tom Boden ***
*** Bob Andres ***
*** Carbon Dioxide Information Analysis Center ***
*** Oak Ridge National Laboratory ***
*** Oak Ridge, Tennessee 37831-6290 ***
*** USA ***
*** ***
*** Gregg Marland ***
*** Research Institute for Environment, Energy ***
*** and Economics ***
*** Appalachian State University ***
*** Boone, North Carolina 28608-2131 ***
*** USA ***
***********************************************************
All emission estimates are expressed in million metric tons of carbon. To
convert these estimates to units of carbon dioxide (CO2), simply multiply
these estimates by 3.667.
Per capita emission estimates are expressed in metric tons of carbon.
Population estimates were not available to permit calculations of global
per capita estimates before 1950. Please note that annual sums were
tallied before each element (e.g., Gas) was rounded and reported here
so totals may differ slightly from the sum of the elements due to
rounding.
Cement Gas Per
Year Total Gas Liquids Solids Production Flaring Capita
1751 3 0 0 3 0 0
1752 3 0 0 3 0 0
1753 3 0 0 3 0 0
1754 3 0 0 3 0 0
1755 3 0 0 3 0 0
1756 3 0 0 3 0 0
1757 3 0 0 3 0 0
1758 3 0 0 3 0 0
1759 3 0 0 3 0 0
1760 3 0 0 3 0 0
1761 3 0 0 3 0 0
1762 3 0 0 3 0 0
1763 3 0 0 3 0 0
1764 3 0 0 3 0 0
1765 3 0 0 3 0 0
1766 3 0 0 3 0 0
1767 3 0 0 3 0 0
1768 3 0 0 3 0 0
1769 3 0 0 3 0 0
1770 3 0 0 3 0 0
1771 4 0 0 4 0 0
1772 4 0 0 4 0 0
1773 4 0 0 4 0 0
1774 4 0 0 4 0 0
1775 4 0 0 4 0 0
1776 4 0 0 4 0 0
1777 4 0 0 4 0 0
1778 4 0 0 4 0 0
1779 4 0 0 4 0 0
1780 4 0 0 4 0 0
1781 5 0 0 5 0 0
1782 5 0 0 5 0 0
1783 5 0 0 5 0 0
1784 5 0 0 5 0 0
1785 5 0 0 5 0 0
1786 5 0 0 5 0 0
1787 5 0 0 5 0 0
1788 5 0 0 5 0 0
1789 5 0 0 5 0 0
1790 5 0 0 5 0 0
1791 6 0 0 6 0 0
1792 6 0 0 6 0 0
1793 6 0 0 6 0 0
1794 6 0 0 6 0 0
1795 6 0 0 6 0 0
1796 6 0 0 6 0 0
1797 7 0 0 7 0 0
1798 7 0 0 7 0 0
1799 7 0 0 7 0 0
1800 8 0 0 8 0 0
1801 8 0 0 8 0 0
1802 10 0 0 10 0 0
1803 9 0 0 9 0 0
1804 9 0 0 9 0 0
1805 9 0 0 9 0 0
1806 10 0 0 10 0 0
1807 10 0 0 10 0 0
1808 10 0 0 10 0 0
1809 10 0 0 10 0 0
1810 10 0 0 10 0 0
1811 11 0 0 11 0 0
1812 11 0 0 11 0 0
1813 11 0 0 11 0 0
1814 11 0 0 11 0 0
1815 12 0 0 12 0 0
1816 13 0 0 13 0 0
1817 14 0 0 14 0 0
1818 14 0 0 14 0 0
1819 14 0 0 14 0 0
1820 14 0 0 14 0 0
1821 14 0 0 14 0 0
1822 15 0 0 15 0 0
1823 16 0 0 16 0 0
1824 16 0 0 16 0 0
1825 17 0 0 17 0 0
1826 17 0 0 17 0 0
1827 18 0 0 18 0 0
1828 18 0 0 18 0 0
1829 18 0 0 18 0 0
1830 24 0 0 24 0 0
1831 23 0 0 23 0 0
1832 23 0 0 23 0 0
1833 24 0 0 24 0 0
1834 24 0 0 24 0 0
1835 25 0 0 25 0 0
1836 29 0 0 29 0 0
1837 29 0 0 29 0 0
1838 30 0 0 30 0 0
1839 31 0 0 31 0 0
1840 33 0 0 33 0 0
1841 34 0 0 34 0 0
1842 36 0 0 36 0 0
1843 37 0 0 37 0 0
1844 39 0 0 39 0 0
1845 43 0 0 43 0 0
1846 43 0 0 43 0 0
1847 46 0 0 46 0 0
1848 47 0 0 47 0 0
1849 50 0 0 50 0 0
1850 54 0 0 54 0 0
1851 54 0 0 54 0 0
1852 57 0 0 57 0 0
1853 59 0 0 59 0 0
1854 69 0 0 69 0 0
1855 71 0 0 71 0 0
1856 76 0 0 76 0 0
1857 77 0 0 77 0 0
1858 78 0 0 78 0 0
1859 83 0 0 83 0 0
1860 91 0 0 91 0 0
1861 95 0 0 95 0 0
1862 97 0 0 96 0 0
1863 104 0 0 103 0 0
1864 112 0 0 112 0 0
1865 119 0 0 119 0 0
1866 122 0 0 122 0 0
1867 130 0 0 130 0 0
1868 135 0 0 134 0 0
1869 142 0 0 142 0 0
1870 147 0 1 146 0 0
1871 156 0 1 156 0 0
1872 173 0 1 173 0 0
1873 184 0 1 183 0 0
1874 174 0 1 173 0 0
1875 188 0 1 187 0 0
1876 191 0 1 190 0 0
1877 194 0 2 192 0 0
1878 196 0 2 194 0 0
1879 210 0 3 207 0 0
1880 236 0 3 233 0 0
1881 243 0 4 239 0 0
1882 256 0 4 252 0 0
1883 272 0 3 269 0 0
1884 275 0 4 271 0 0
1885 277 1 4 273 0 0
1886 281 2 5 275 0 0
1887 295 3 5 287 0 0
1888 327 5 5 317 0 0
1889 327 3 6 318 0 0
1890 356 3 8 345 0 0
1891 372 2 9 360 0 0
1892 374 2 9 363 0 0
1893 370 2 10 358 0 0
1894 383 2 9 372 0 0
1895 406 2 11 393 0 0
1896 419 2 12 405 0 0
1897 440 2 13 425 0 0
1898 465 2 13 449 0 0
1899 507 3 14 491 0 0
1900 534 3 16 515 0 0
1901 552 4 18 531 0 0
1902 566 4 19 543 0 0
1903 617 4 20 593 0 0
1904 624 4 23 597 0 0
1905 663 5 23 636 0 0
1906 707 5 23 680 0 0
1907 784 5 28 750 0 0
1908 750 5 30 714 0 0
1909 785 6 32 747 0 0
1910 819 7 34 778 0 0
1911 836 7 36 792 0 0
1912 879 8 37 834 0 0
1913 943 8 41 895 0 0
1914 850 8 42 800 0 0
1915 838 9 45 784 0 0
1916 901 10 48 842 0 0
1917 955 11 54 891 0 0
1918 936 10 53 873 0 0
1919 806 10 61 735 0 0
1920 932 11 78 843 0 0
1921 803 10 84 709 0 0
1922 845 11 94 740 0 0
1923 970 14 111 845 0 0
1924 963 16 110 836 0 0
1925 975 17 116 842 0 0
1926 983 19 119 846 0 0
1927 1062 21 136 905 0 0
1928 1065 23 143 890 10 0
1929 1145 28 160 947 10 0
1930 1053 28 152 862 10 0
1931 940 25 147 759 8 0
1932 847 24 141 675 7 0
1933 893 25 154 708 7 0
1934 973 28 162 775 8 0
1935 1027 30 176 811 9 0
1936 1130 34 192 893 11 0
1937 1209 38 219 941 11 0
1938 1142 37 214 880 12 0
1939 1192 38 222 918 13 0
1940 1299 42 229 1017 11 0
1941 1334 42 236 1043 12 0
1942 1342 45 222 1063 11 0
1943 1391 50 239 1092 10 0
1944 1383 54 275 1047 7 0
1945 1160 59 275 820 7 0
1946 1238 61 292 875 10 0
1947 1392 67 322 992 12 0
1948 1469 76 364 1015 14 0
1949 1419 81 362 960 16 0
1950 1630 97 423 1070 18 23 0.64
1951 1767 115 479 1129 20 24 0.69
1952 1795 124 504 1119 22 26 0.68
1953 1841 131 533 1125 24 27 0.69
1954 1865 138 557 1116 27 27 0.69
1955 2042 150 625 1208 30 31 0.74
1956 2177 161 679 1273 32 32 0.77
1957 2270 178 714 1309 34 35 0.79
1958 2330 192 731 1336 36 35 0.80
1959 2454 206 789 1382 40 36 0.83
1960 2569 227 849 1410 43 39 0.85
1961 2580 240 904 1349 45 42 0.84
1962 2686 263 980 1351 49 44 0.86
1963 2833 286 1052 1396 51 47 0.88
1964 2995 316 1137 1435 57 51 0.92
1965 3130 337 1219 1460 59 55 0.94
1966 3288 364 1323 1478 63 60 0.97
1967 3393 392 1423 1448 65 66 0.98
1968 3566 424 1551 1448 70 73 1.01
1969 3780 467 1673 1486 74 80 1.05
1970 4053 493 1839 1556 78 87 1.10
1971 4208 530 1947 1559 84 88 1.12
1972 4376 560 2057 1576 89 94 1.14
1973 4614 588 2241 1581 95 110 1.18
1974 4623 597 2245 1579 96 107 1.16
1975 4596 604 2132 1673 95 92 1.13
1976 4864 630 2314 1710 103 108 1.18
1977 5026 650 2398 1765 108 104 1.19
1978 5087 680 2392 1793 116 106 1.19
1979 5369 721 2544 1887 119 98 1.23
1980 5315 740 2422 1947 120 86 1.20
1981 5152 756 2289 1921 121 64 1.14
1982 5113 740 2196 1992 121 64 1.11
1983 5094 741 2176 1995 125 58 1.09
1984 5280 808 2199 2094 128 51 1.11
1985 5439 837 2186 2237 131 49 1.12
1986 5607 831 2293 2300 137 46 1.14
1987 5752 894 2306 2364 143 44 1.15
1988 5965 937 2412 2414 152 50 1.17
1989 6097 985 2459 2457 156 41 1.17
1990 6127 1019 2492 2419 157 40 1.16
1991 6217 1063 2605 2345 161 44 1.16
1992 6164 1095 2510 2357 167 35 1.13
1993 6162 1129 2523 2298 176 36 1.11
1994 6266 1139 2546 2358 186 38 1.11
1995 6398 1157 2565 2442 197 36 1.12
1996 6542 1209 2624 2469 203 37 1.13
1997 6651 1208 2700 2495 209 38 1.13
1998 6643 1243 2766 2391 209 35 1.12
1999 6610 1270 2737 2352 217 33 1.10
2000 6765 1288 2838 2367 226 45 1.11
2001 6927 1312 2840 2492 237 46 1.12
2002 6996 1344 2831 2521 252 48 1.12
2003 7416 1391 2959 2743 276 48 1.17
2004 7807 1437 3053 2967 298 53 1.21
2005 8093 1480 3076 3157 320 60 1.24
2006 8370 1525 3089 3339 356 61 1.27
2007 8566 1572 3081 3464 382 68 1.28
2008 8783 1631 3122 3571 388 71 1.30
2009 8740 1585 3056 3620 413 66 1.28
2010 9167 1702 3114 3842 450 59 1.33
Re: Coal Industry Stock Review - December 2012
Posted:
Mon 30 Sep 2013, 14:58:06
by ROCKMAN
DB - Fantastic link. A real keeper. Mucho thanks as we say in S Texas.
Re: Coal Industry Stock Review - December 2012
Posted:
Mon 30 Sep 2013, 16:14:32
by dolanbaker
ROCKMAN wrote:DB - Fantastic link. A real keeper. Mucho thanks as we say in S Texas.
Tá fáilte romhat as we say in Ireland
Re: Coal Industry Stock Review - December 2012
Posted:
Tue 01 Oct 2013, 12:57:30
by ROCKMAN
db - Are you located on the Emerald Isle? Perhaps we’re related through some of my distant ancestors…if so do you have a drinking problem also?
And by drinking problem, of course, I mean do you have trouble getting enough? Just last weekend had some fine gingerbread cake made with Guinness. Another keeper link for sure.
Re: Coal Industry Stock Review - December 2012
Posted:
Tue 08 Oct 2013, 21:30:14
by Graeme
US coal exports to fall on continued economic weakness, low prices: EIAUS coal exports will total 114 million st this year, down from 2012's record 126 million st, the Energy Information Administration said Tuesday in its October Short-Term Energy Outlook.
The agency's October estimate is down slightly from the 115.3 million st of exports this year that it projected in its September STEO.
EIA also projected that US coal exports will slide to 105 million st in 2015, largely because of continuing economic weakness in Europe, slowing Asian demand, increased production in other exporting countries and lower global coal prices.
platts
Re: Coal Industry Stock Review - December 2012
Posted:
Sat 12 Oct 2013, 18:40:58
by Graeme
China to shut down two coal mines EVERY DAYChina's appetite for coal is insatiable.
Of the 2.9 billion tonnes of global coal demand growth since 2000, China accounted for 2.3 billion tonnes or 82%.
China now accounts for 47% of global coal consumption – almost as much as the entire rest of the world combined.
But even as the country burns coal at an astonishing rate, it is working hard at cleaning up the industry.
The Chinese government will close at least 2,000 small coal mines over the next two years, the State Council said in a statement on Saturday.
China has some 12,000 operating coal mines and the closures will target coal mines with annual output of less than 90,000 tonnes and those with substandard quality coal or have bad safety records.
The new rules also tighten approval rules for new coal mines and introduces a ban on construction of coal mines with annual capacity of less than 300,000 tonnes. Mines with annual capacity of less than 900,000 tonne with low-quality coal and safety problems will also not be approved.
The latest initiative follows rapid progress in consolidating the industry in 2012.
mining