The Adaro Blog
When Paying $1 for Coal Power Plant Is Still Paying Too Much
March 12, 2019, 6:56 pm
One dollar. That’s how much an aging New Mexico coal plant is worth. And by some estimates, even that may be too much.
Acme Equities LLC, a New York-based holding company, is in talks to buy the 847-megawatt San Juan Generating Station for $1, after four of its five owners decided to shut...
Asia Minute: More Coal Fired Electricity for Australia?
March 8, 2019, 7:22 pm
One of the largest suppliers of electricity for the island of O‘ahu is a coal-fired power plant. While Hawai‘i is committed to reduce its use of fossil fuels in coming years, it’s a different story for another location in the Asia Pacific.
There’s a proposal to build a...
Now is the time for new coal plants, resources minister says
March 7, 2019, 7:15 pm
The resources minister, Matt Canavan, has declared “now” is the right time to build new coal-fired power, as the prime minister insisted his pre-election priorities were securing passage of budget bills and helping north Queensland recover from the recent floods.
The comments from...
Spanish Feb thermal coal usage at 2.2 TWh, down 35% on month
March 4, 2019, 7:28 pm
Barcelona — Spanish coal consumption dropped 35% in February, continuing a decline that saw an 18% drop for the full year 2018, according to data published Saturday by Spanish grid operator Red Electrica de Espana (REE).
Output from Spanish coal-fired plants was 2.2 TWh in the month and...
Thailand's PTT to up gas investment as country looks beyond coal
March 1, 2019, 6:30 pm
BANGKOK -- State-owned energy group PTT will spend billions of dollars over the next decade to increase Thailand's natural gas supply, supporting the government's efforts to diversify the country's coal-heavy energy mix.
Plans for the five years through 2023 call for 167 billion baht...
Luhut admits owning 6,000-ha coal mine in East Kalimantan
March 1, 2019, 6:26 pm
Amid the brouhaha surrounding the large land concessions managed by members of Indonesia's political elite, Coordinating Maritime Affairs Minister Luhut Pandjaitan has admitted to owning a 6,000-hectare coal mine in East Kalimantan.
The coal mine, the senior minister said, was a concession...
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