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The price of metallurgical coal is volatile [112] and much higher than the price of thermal coal because metallurgical coal must be lower in sulfur and requires more cleaning. [113] Coal futures contracts provide coal producers and the electric power industry an important tool for hedging and risk management .
In 2019 it was the 26th largest coal mine in the country, producing 6.4 million short tons of coal. [9] PSEC stated it will be "among the cleanest major coal-fueled plants in the nation" [10] through use of pollution mitigation technology, producing as low as one-fifth the levels of regulated pollutants as typical U.S. coal-fired plants. [2]
Coal is the most abundant fossil fuel on the planet, and widely used as the source of energy in thermal power stations and is a relatively cheap fuel. Coal is an impure fuel and produces more greenhouse gas and pollution than an equivalent amount of petroleum or natural gas. For instance, the operation of a 1000-MWe coal-fired power plant ...
At the time, coal was selling for about a quarter of the price of natural gas ($1.5 versus $5.0 per million BTU); however, the ratio has since become much smaller (as of 2010, coal has tripled in price to $4.63/mil BTU while gas is still at $5.189). [4] [6] (Natural gas is used as an alternative to thermal coal in electricity production.)
In December 2008, an impoundment at the plant failed, releasing 1.1 billion US gallons (4,200,000 m 3) of coal fly ash slurry that covered up to 300 acres (1.2 km 2) of the surrounding land, damaging homes and flowing into nearby waterways such as the Emory River and Clinch River, tributaries of the Tennessee River. This was the largest ...
Coal-based thermal power stations consume large quantities of coal. [3] For example, the Paras Thermal Power Station consumed 351,000 tonnes of coal in 2006–07. [4] Around 80 per cent of the domestic coal supplies in India are meant for coal based thermal power plants and coal transportation forms 42 per cent of the total freight earnings of ...
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In 2007, Patriot sold 22.1 million tons of coal. The company controlled 1.9 billion tons of proven and probable coal reserves. Patriot was the largest producer of thermal coal in the Eastern United States. It was also a leading producer of metallurgical coal. Approximately 80% of its coal was sold to domestic utilities and 20% was sold to ...
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