Natural Gas Power Plants
American Electric Power's coal-fired John E. Amos Power Plant in Winfield, West Virginia.
This has been particularly true of coal mined in the eastern U.S. Since the start of the year, Central Appalachian coal (CAPP) futures have plunged nearly 15 percent to roughly $41 per ton; since their 2011 peak, prices have nearly halved. Tepid global economic growth, a stronger dollar, cheap natural gas and expanding U.S. regulations have pressured prices.
Coal breaks down into two categories: thermal coal, used to generate electricity at power plants, mostly in the United States; and export coal—for example, metallurgical coal used by China and developing economies to make steel.
On Monday Chinese customs data showed coal imports in China plunged 33.7 percent in June versus a year earlier, thanks largely to sluggish demand. China is the largest consumer of the commodity in the world.
U.S. coal exports have been in free fall for years as countries like Australia and Indonesia have provided supply to China more inexpensively. The stronger dollar is also making American supply pricier abroad.
Read More This country is divesting from coal
But perhaps the more worrying trend is at home. Natural gas futures continue to trade below $3 per mmbtu, as the onshore drilling boom has increased production by 30 percent since 2008.
That coupled with a growing list of federal regulations restricting the emission of greenhouse gasses and utilities have had plenty of motivation to switch to natural gas.
SNL Energy's Piper points out that many utilities are simply abandoning coal. In last 18 months, 17 gigawatt hours of coal-fired capacity has been retired completely, much of it already replaced by gas generation.
"It could be the beginning of the end for the current fleet of coal plants, " said Piper. However he also noted that it's likely the start of a new chapter in which the coal industry takes a much more serious look at options to burn the fossil fuel more efficiently to reduce emissions.
Kristoffer Inton, an equity analyst at Morningstar, pointed out that, much like crude oil, every coal basin has a different breakeven point. In Central Appalachia, where mines are very deep and expensive to excavate, natural gas prices have to be above $4 to make that coal cost-competitive. In the Powder River Basin, the less cost-intensive formation spreading across Montana and Wyoming, coal can compete with gas priced $2.50 to $3.50.
For that reason, Inton likes Cloud Peak Energy, which does all of its mining in the Powder River Basin and has the healthiest balance sheet among the publicly traded coal companies. Shares are down more than 70 percent over the past year.How to add a page on google docs? How to make hard candy? How to win daily 3 tricks professional california? What does edu mean? How to cut butternut squash? How to make beet juice? What does rebirth mean? How to bench press? What does oled stand for? what is uninstall helper in programs what do helper t cells help activate? What does provider mean? What is today's national holiday? What is the capital of new york? What does hcc mean in medical terms? How to keep sliced apples from turning brown? What does ppr mean in fantasy football? How do magic tricks with birds really work? How to cook hashbrowns? What does it mean if my poop is black? How to make car freshies? How to use magic in elden ring? How long does botox take to work? how long is refrigerated leftover hamburger helper good for What is summa cum laude? how to make homemade cheeseburger helper Tips when you start out on freelancer? How to do tricks with a candle? What is the true meaning of the statue of liberty? How to make crab legs? What does diaspora mean? Tricks for who vs whom? What does neutered mean for dogs? How to share instagram post to story? What does zealousness meaning? What is the meaning of linear pair? What nail tips do professionals use? What does ng mean in grades? How to make smoked salmon? What are amazon points? How to treat mosquito bites on legs? True what is the meaning of life? What does opportunity mean? What age should you teach your dog tricks? What does fret mean?
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What's the cost of a natural gas power plant? | Yahoo Answers
Look on the IEEE website.
As I recall, a large gas turbine power plant [not one that uses the exhaust from the turbine to boil water to steam to turn more turbines, just the gas turbines] takes about 2 years to build.
For costs, a manufacturer could tell you. If this is for a school project, if you let them know that they will generally still help you.
Also, ask for a 'budget quote', which is a +/- 10% number. You do not want the manufacturer or rep to go to the effort of preparing a detailed, legally binding, quote if you don't need it, and they will not appreciate being misled.…