It is not particularly
significant yet, but it is a strong reminder that coal is now in the position
of been the last option. All other
sources grab a higher priority. Thus
when the Rossi Focardi reactor is rolled out, it will swiftly replace all coal
plants.
This sounds unbelievable but
looking at their capabilities and the obvious ability to merely displace a fuel
based system with a non fuel based system and do it at a low cost, it is
impossible to see how it can not be rolled out fast.
In fact I expect that the Rossi Focardi
reactor is going to flood the market with cheap thermal electric power just as
fast as they can be built and I suspect that the average build out will run at
less than eighteen months as everything else is straight of the shelf.
So this decline in generation is
the first tolling of the sudden death of the coal generation industry. It goes without saying that coal based
utilities are a dangerous place to park money until this all sorts itself
out. At the moment, just about no one
really understands the import of the Rossi Focardi reactor, but that ignorance
is going to be shed soon.
Coal Generation Drops to 30-Year Low
Coal still reigns, but its power grip may be loosening.
KATHERINE TWEED: JULY
27, 2011
The percentage of electricity
generated by coalin the first quarter of this year was the lowest it has
been in more than 30 years.
New data from the U.S.
Energy Information Administration showed that coal generated about 440 terawatt
hours, 26.5 TWh less than the same quarter of 2010. Overall generation of
electricity increased slightly in the same time period.
Don’t be confused by the figures, however. Coal
is still king, making up 46 percent of total generation -- although that’s
3 percent lower than the same period last year.
There are various reasons for the decrease in coal. One reason is that
as coal prices have steadily risen in many areas of the U.S. , natural
gas has stayed relatively cheap. Even the coal-rich Midwest
is using less of its prized resource, although it still makes up nearly 70
percent of the electricity generation in the region.
The slight downturn in coal comes just after American Electric Power closed its carbon capture and
storage test facility, one of the largest demonstration projects in the
world for CCS. Without carbon legislation, utilities don’t want to invest in
CCS, yet other regulations are still forcing at least the dirtiest of coal
plants out of commission.
Coal plants are also under increased pressure to be taken offline in
favor of (less dirty) natural gas plants. It is estimated that up to 20 percent
of coal-fired power plants will be taken off-line this
decade due to EPA regulations that call for a reduction in cross-state
pollution of sulfur dioxide and nitrogen dioxide.
Renewables can’t
claim a win over coal by any stretch of the imagination, but generation from
wind was up 25 percent from April 2010. Although California ,
Texas and Illinois
have had the largest gains, the EIA said the gains were widespread across the U.S.
As aggressive
renewable portfolio standards are implemented in the next decade,
renewables (and not just hydro) will continue to increase.
The decrease in coal generation might be a window into the future, but
that future is still far down the road. The EIA also noted that the second
quarter of this year had coal increase again, mostly due to increased output to
make up form nuclear plants that were offline.
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