Brattle Group: EPA regulations could lead to 50GW of coal retirements
Total cost of new regulations could hit US$180bn.
Total cost of new regulations could hit US$180bn.
Investment driven by strategic need to reduce fossil fuel imports.
Crude closes above US$89/bbl, US natural gas falls 1.1% WoW. Australia’s Newcastle port expected to ship 95Mt of thermal coal in 2010. EUAs rise sluggishly on strong European energy complex, CERs drift down on Cancun, higher issuance.
Project expanded to make best use of site. US$1.33bn to be invested, with project completion scheduled for March 2012.
Brent crude moves past US$90/bbl, US natural gas prices rise on cold weather forecasts despite disappointing stockdraw, coal and German power advance, while carbon prices drop despite supportive energy complex.
Oil up on job data, cold snap and increased economic optimism. Japan pays more for LNG while China moves to cap domestic coal prices. EUAs and CERs advance, but less than would be expected by fundamentals.
Brent crude holding above US$87/bbl, US natural gas prices down 4.3% on profit-taking. Carbon markets hit by CDM Executive Board decision.
Clyde Bergemann Africa will design and deliver Kusile’s fly ash handling system for South Africa’s Eskom.
Crude continues falling on euro debt worries and expectations of tighter Chinese monetary policy. API report clashes with Dow Jones Poll on US oil inventories. US natural gas futures falling on mild weather, prompt coal prices soaring. EUAs and CERS take a battering on negative energy complex.
Move combined with increased loan guarantee aimed at giving utility the backing needed to obtain private capital for plant construction.
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