coal

“So there's some parts of the country I'm thinking about some pockets in the West where actually coal still makes it in the market. It's still competitive. It's still alive.”

“15 years ago, coal made up half of the electricity produced in the U.S. In 2020, it fell to 19%. But in 2021, coal use increased by double digits, even though demand for power increased by only a few percentage points.”

“Fossil gas has been the biggest factor in the decline of coal, even though renewables are booming.”

“So I can't see coal roaring back to its glory days of a few decades ago. I don't think anyone sees that. I personally think it'll be shorter term.”

“The dispatching in the U.S. Power sector went, went back to favor call a number of months ago, perhaps even a year ago. So you can already see in the U.S. Emissions data, The impact that it, that it's had.”

“So right now we need to burn more coal, and this is why we have seen in many countries that coal is being brought back. I mean, in Germany, in Austria, in France, in the Netherlands, everywhere is being brought back because there is no other issue in the power…”

“The second reason is that Germany has continued with their nuclear power plant decommissioning, so a few gigawatt free nuclear power plants were decommissioned at the end of last year, and they are going to decommission another three at the end of this year, w…”

“So we may actually be destroying that demand potential in the long term. So if you are thinking that, hey, I am going to sell LNG to Europe for 10 years, and then by 2035, I will have potential in Southeast Asia. I am not so sure. First of all, because they ma…”

“You know, I don't know where things are gonna go, but I think the fact that the Inflation Reduction Act incentives are durable for the next 10 years mean that the trend we've observed is, is not going anywhere fast.”

“They have taken a huge chunk of the market away from coal, and they're cutting into natural gas's market share for providing electricity to the state, and there are oil and gas guys who really don't want to give up anything else.”

“So Poland became the chief supplier of coal To the other countries of the Eastern Bloc.”

“We've retired roughly 200 gigawatts of coal in the last twenty-ish years or so. Most of that has been replaced by natural gas, but that is not growing as fast as it probably needs to sort of maintain the reliability levels of the grid overall.”

“The sheer investment happening in China is enough to make me bullish that, at least when it comes to coal, we're likely to see a steeper drop off than the IEA expects.”

“It's been clear for years now that natural gas used domestically, because a lot of it leaks out, is pretty much akin to using coal, and now we have really interesting new data from Bob Howarth that Cornell, the kind of dean of methane scientists, who's done th…”

“It's a quarter of all the coal, oil, and natural gas that we burn in the world is for industrial heat.”

“Coal still makes up 60%, 66% of their power generation. In India, it's 74%, and even in Germany, where we always talk about them being leaders in Europe on climate, it's 30%.”

“We're, you know, going to be taking offline over 200 gigawatts of coal over the next, you know, 15 years, just mainly because it's at the end of life.”

“If you look back to 1800, even biomass today is used more than it was in the 1800. Oil is used more. Gas, coal, everything is used more. And solar and wind were simply additive.”

“So it's kind of like you know, behind the meter for coal for a solar facility. So it's accounting for, I've seen some estimates, accounting for 60% of the energy used to produce these solar panels.”