SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Douglas V. Fant who wrote (80601)12/2/2000 4:06:16 PM
From: Gottfried  Read Replies (1) of 95453
 
Doug, Business Week says coal is making a cautious comeback. Cannot post entire article, subscribers only.
businessweek.com@@0behDGcQBRV6tAcA/premium/00_50/b3711187.htm

excerpt
>Coal execs counter that technological and economic solutions can help the U.S. balance its environmental and energy needs. And there isn't much choice, they argue. ''Like it or not, it will be very difficult to walk away from coal,'' says Thomas F. Hoffman, vice-president of CONSOL Energy Inc. in Pittsburgh. In addition to being relatively cheap, it is more abundant than any other type of fuel. The U.S. alone has 300 years of coal reserves but only 50 or so of natural gas.

Utilities and other power producers seem to accept that logic. Some are planning coal-fired plants for the first time in more than a decade. Wisconsin Energy Corp., for example, is hedging its bets by returning to coal. The Milwaukee power producer recently announced a $6 billion expansion plan that includes not only a 500-megawatt (Mw) gas-fired furnace but two 600-Mw coal-fired generators--the first new construction of this sort since the mid-1980s. Wisconsin planners say the new technology will be 30% more efficient and much cleaner than their existing coal-fired plants.<

Gottfried
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News