Duke Energy considering more coal-fired plant closures
Company expects tighter emissions regulations to call time on older plants.
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TVA to idle nine coal-fired units
1GW of capacity to be affected, programme to be complete in 2015, after which TVA will have 6GW of unregulated coal-fired capacity.
Energy commodities: 23/08/10
Oil rebounds on weaker dollar, storm fears. Consumption at key Chinese coal-fired power plants up. CDM board axes HFC23 projects, EUAs settle above €15.00/t.
USA: Ameren looking to sell off 5000MW of unregulated generating capacity
Previously tried to sell off unregulated assets in 2009, abandoned sale on price grounds.
EPA: US coal-fired power plants emit less SO2, NOx in 2H10
Significant improvement made compared to 2008, further reductions targeted.
Energy commodities: 18/08/10
Crude edges down on API report, Natural gas prices rise due to storms in the Caribbean, CERs outperform EUAs due to suspension of three major projects.
China’s state grid to invest US$40bn in ultra-high voltage transmission, government approves 24 power projects
Investment aimed at boosting transmission capacity to eastern and central provinces.
Energy commodities: 13/08/10
Oil continued to be hit by fears of double-dip recession, thermal coal prices weaken on expectations of reduced 2H10 Chinese demand, carbon markets advance despite weak energy complex.
USA: FirstEnergy Corp to idle four coal-fired power plants
1620MW capacity and 351 jobs affected. Decision triggered by low power demand and tighter environmental standards.
Energy commodities: 11/08/10
Crude drops on US equities, Chinese import data. US coal supplies at power plants continue to fall, natural gas down due to forecasts of lower temperatures. EUAs and CERs drop on broadly negative energy complex. Chinese power consumption hits new record.
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