News Flash December 6 2016
The Denver Post
Coal gasification plant proposal stirs questions in North Fork Valley
What began as a quiet request for a technical adjustment to a coal mining permit has prompted a deluge of questions about what could become Colorado’s first coal gasification plant.
Business Mirror (Philippines)
Palm Concepcion inaugurates P13.98-billion coal plant to boost Visayas power supply
Palm Concepcion Power Corp President and CEO Roel Castro, in his welcome message, said the new plant is a combination of technology from Europe and the engineering, procurement and construction contractor from China. “We are among the few to have used this technology with reheat and, as a consequence, we are one of the most fuel-efficient plants operating and, at the same time, compliant with the environmental criteria set by both national and international agencies.
The Daily Sentinel
The future of coal?
The county has lost hundreds of coal mining jobs in recent years, so anything that could put miners back to work would be a welcome consideration.
The Department of Energy acknowledges that “many experts predict that coal gasification will be at the heart of future generations of clean coal technology.” Coal gasification offers one of the most versatile and clean ways to convert coal into electricity, hydrogen and other valuable energy products.
Daily Nation (Kenya)
A lack of financial support for Africa’s power generation needs has several negative ramifications for the continent, with the most significant one being that it stalls Africa’s long-term economic development and growth, according to a recent McKinsey report.
Although the Africa is well-resourced with fossil fuels and renewable energy resources, most countries in Sub-Saharan Africa have electrification levels below 30 per cent.
Only seven countries – Cameroon, Gabon, Ghana, Cote d’Ivoire, South Africa, Namibia and Senegal have electricity access rates that exceed 50 per cent.
Take up clean coal tech with Trump
President-elect Trump has stated, albeit only in fleeting detail, that while he is open to the idea of green and renewable energy , he would not go out of his way to speed up the paradigm shift away from fossil fuels, including coal, if American jobs are at stake
Market Analysis for Clean Coal Technologies Inc (OTCMKTS:CCTC)
Clean Coal Technologies Inc (OTCMKTS:CCTC) is focusing on what they believe to be the world’s first scalable coal dehydration technology. The technology has the potential to upgrade low grade coal to more high grade coal through their Pristine M Technology. This technology removes the moisture from coal. This not only lowers the shipping costs by weight and delivery, but improves the coal ranking – leading to a higher market prices and salability of coal.
Before Trump became the President, the coal industry is a place most investors wanted to avoid. With the historical fall-down in commodity prices, adverse political doctrines and a more progressive government, well, this didn’t bode well with the coal industry.
Giant Australian coal mine near Reef one step closer
Indian conglomerate Adani Group’s $16bn (A$21.7bn) Carmichael coal and infrastructure project in Australia has cleared another major hurdle with Queensland approving a rail line and construction camp.
The mine will consist of six open-cut pits and up to five underground mines and will supply Indian power plants with enough coal to generate electricity for up to 100 million people.
Eskom still not budging on R2 billion coal fine payments – Gupta’s
The Guptas, who part-own Optimum Coal Mine through Tegeta Resources and Energy with President Jacob Zuma’s son Duduzane, have yet to pay the R2.176 billion fine imposed on it by Eskom.
That is according to a written Parliamentary response by Public Enterprises Minister Lynne Brown
China will bid farewell to coal mining by 2020
Beijing will close its last three coal mines in the next four years and entirely quit coal mining by 2020, sources with the Beijing Municipal Commission of Development and Reform said.
Tlou Energy provides Lesedi update
Tlou Energy Ltd has provided an update on progress at the Lesedi CBM Project located in prospecting licence PL002/2004 in Botswana.
Eskom reiterates 50%-plus black ownership requirement for coal suppliers
State-owned electricity provider Eskom on Monday reiterated its commitment to procure coal for its power stations from companies that have a black ownership of more than 50%, throughout the life of the mine.
Edenville coal sampling results show power plant feed potential
The latest sampling and wash test results are validating the initial positive results of the recent bulk sampling programme at the Rukwa coal-to-power project, in Tanzania, Aim-listed Edenville Energy said on Monday.