Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

[Dan Stubbs]

Contrary to what you'll here from most here, incl half skookerAssbil's posts, people DO care.
It's cost-effective, creating jobs, AND a better planet.
**** the Throwback and Trumpov... Coal IS Dead
THIS is why China put Solar on Priority and put alot of Western mfg out of Biz.
Wall Street Journal:

Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels
In 2016, about $297 billion was spent on renewables—compared with $143 billion on new nuclear, coal, gas and fuel-oil power plants,
By Russell Gold - Wall Street Journal
June 11, 2018
Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by Falling costs of producing wind/solar power.

More than Half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind/solar, according to the Int'l Energy Agency.

In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.
Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind/solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.

Renewable costs have fallen so far in the past few years that “Wind and Solar now represent the Lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.

This is beginning to disrupt the business of making electricity and manufacturing generating equipment. Both General Electric Co. and Siemens AG are grappling with diminished demand for large gas-burning turbines and have announced layoffs. Meanwhile, mostly Asian-based manufacturers of solar panels are flourishing....
​

WSJ is by subscription, and I can't post the rest due to OP Space constraints.
However, if anyone requests I could post the balance at some point.
`

That works out well for the Germany who make the wind towers, and China who makes the solar panels. Sure good progressive thinking.

 

[westwall]

So in your world they are building a billion dollar underwater airport?

.

So in your world of illogic you can plug in the tiny anecdote of the Maldives for the WORLD
(and we do not know if, as part of that project, they raised the runways several feet or not.)

And of course this thread is about Power generation, Not airports.
Are the tiny Maldives all you Snowflakes have to cling to?.

`

Sooooo, according to the inner workings of your tiny little brain, the maldives are somehow exempt from the "GLOBAL SEA LEVEL RISE" you all have been bleating about? Is that correct? Care to explain to us how that could even begin to work?

 

[abu afak]

Sooooo, according to the inner workings of your tiny little brain, the maldives are somehow exempt from the "GLOBAL SEA LEVEL RISE" you all have been bleating about? Is that correct? Care to explain to us how that could even begin to work?

You seem obsessed with the Maldives alone.
I post Miami issues/prep, you post the Maldives!
I Post Global investment in Wind and Solar.. you post the Maldives! (as rebuttal no less)

1. You are again OFF topic
2. You are again Illogical/Stupid.
3. Sea Level rise is not even across the globe.

Here was my last AGAIN AND UNANSWERED:

So in your world of illogic you can plug in the tiny anecdote of the Maldives for the WORLD.
(and we do not know if, as part of that project, they raised the runways several feet or not.)

And of course this thread is about Power generation, Not airports.
Are the tiny Maldives all you Snowflakes have to cling to?.​

You dumb ****.
`

 

[abu afak]

One of oldest US coal companies files for bankruptcy
The Canadian Press - October 9, 2018
One of oldest US coal companies files for bankruptcy

HELENA, Mont. — One of the oldest coal companies in the U.S. filed for bankruptcy protection Tuesday to deal with more than $1.4 billion in debt amid declining demand for the fuel.

Englewood, Colorado-based Westmoreland Coal Co. filed for voluntary Chapter 11 protection in U.S. Bankruptcy Court in Houston as part of a restructuring agreement with an unnamed group of lenders.

Westmoreland, which operates mines across the U.S. and Canada, is the fourth major coal company to file for bankruptcy in the past three years, joining Peabody Energy Corp., Arch Coal and Alpha Natural Resources.

Westmoreland officials said in a statement that operations won't be interrupted and there are no expected staff reductions.

"After months of thoughtful and productive conversations with our creditors, we have developed a plan that allows Westmoreland to operate as usual while positioning Westmoreland for long-term success," interim CEO Michael Hutchinson said in the statement.

Coal companies have struggled as demand drops due to a glut of cheap natural gas, the rise of renewable energy sources and plans by some states to reduce or eliminate coal from their energy portfolios.

There are no new coal plants being built in the U.S., and two major coal consumers, China and India, have cancelled projects as they seek to reduce air pollution.

Westmoreland officials warned in August that declining industry conditions and significant debt "give rise to substantial doubt about our ability to pay our obligations as they come due," according to a filing with the U.S. Securities and Exchange Commission.
[.....]​

 

[polarbear]

One of oldest US coal companies files for bankruptcy
The Canadian Press - October 9, 2018
One of oldest US coal companies files for bankruptcy

HELENA, Mont. — One of the oldest coal companies in the U.S. filed for bankruptcy protection Tuesday to deal with more than $1.4 billion in debt amid declining demand for the fuel.

Englewood, Colorado-based Westmoreland Coal Co. filed for voluntary Chapter 11 protection in U.S. Bankruptcy Court in Houston as part of a restructuring agreement with an unnamed group of lenders.

Westmoreland, which operates mines across the U.S. and Canada, is the fourth major coal company to file for bankruptcy in the past three years, joining Peabody Energy Corp., Arch Coal and Alpha Natural Resources.

Westmoreland officials said in a statement that operations won't be interrupted and there are no expected staff reductions.

"After months of thoughtful and productive conversations with our creditors, we have developed a plan that allows Westmoreland to operate as usual while positioning Westmoreland for long-term success," interim CEO Michael Hutchinson said in the statement.

Coal companies have struggled as demand drops due to a glut of cheap natural gas, the rise of renewable energy sources and plans by some states to reduce or eliminate coal from their energy portfolios.

There are no new coal plants being built in the U.S., and two major coal consumers, China and India, have cancelled projects as they seek to reduce air pollution.

Westmoreland officials warned in August that declining industry conditions and significant debt "give rise to substantial doubt about our ability to pay our obligations as they come due," according to a filing with the U.S. Securities and Exchange Commission.
[.....]​

Oldcrock`s sock puppet says:
"There are no new coal plants being built in the U.S., and two major coal consumers, China and India, have cancelled projects as they seek to reduce air pollution."

The Institute for Energy Research says:
Is Coal Dead in China?
Coal is still supplying 62 percent of China’s energy needs, according to 2016 data in BP’s Statistical Review of World Energy, compared to 15 percent for the United States.
Not only is China building efficient coal plants in its own country, but Chinese companies are helping to build or finance hundreds of coal-fired power plants around the world. One such project is Kenya’s first 1050-megawatt coal-fired plant costing $2 billion located on some 975 acres.
China is building and/or financing over 200 coal-fired power plants in 31 countries–Mongolia to Zimbabwe, including countries like Kenya that had no previous coal plants. (See map below.) The coal plant in Lamu, Kenya will be the first of its kind in East Africa and will power an adjacent 32 berth deep-water port that is part of a plan to transform Kenya into an industrializing, middle-income country by 2030. It is financed with Chinese, South African, and Kenyan capital and built by the state-owned Power Construction Corporation of China. Power China has also constructed coal plants in Indonesia and Pakistan and is the 12th-largest developer of coal plants in the world.
Excluding projects in South Africa, over 100 coal-generating units are in various stages of planning or development in 11 African countries, and China is financing about half of them. The combined capacity of the units is 42.5 gigawatts—over eight times the region’s existing coal capacity. While not all are being financed by China, almost all are financed by foreign investment.
Pakistan is committed to building as many as 12 new coal-fired power plants over the next 15 years as part of a large infrastructure investment project that China and its partners are funding. About $33 billion will be spent on 19 energy projects that include coal-fired power plants, transmission lines, and other infrastructure as part of the China-Pakistan Economic Corridor. The majority of the new generating capacity (roughly 75 percent) will come from the new coal plants.
Chinese Companies Are Involved in More Than 200 Coal Projects in 31 Countries
While China has canceled some coal-fired capacity due to lack of demand growth, China still plans to increase its coal-fired power plants to almost 1,100 gigawatts, which is over three times the coal-fired capacity of the United States.
China still is using coal for over 60 percent of its energy requirements despite its pledge to the Paris Accord.

 

[westwall]

One of oldest US coal companies files for bankruptcy
The Canadian Press - October 9, 2018
One of oldest US coal companies files for bankruptcy

HELENA, Mont. — One of the oldest coal companies in the U.S. filed for bankruptcy protection Tuesday to deal with more than $1.4 billion in debt amid declining demand for the fuel.

Englewood, Colorado-based Westmoreland Coal Co. filed for voluntary Chapter 11 protection in U.S. Bankruptcy Court in Houston as part of a restructuring agreement with an unnamed group of lenders.

Westmoreland, which operates mines across the U.S. and Canada, is the fourth major coal company to file for bankruptcy in the past three years, joining Peabody Energy Corp., Arch Coal and Alpha Natural Resources.

Westmoreland officials said in a statement that operations won't be interrupted and there are no expected staff reductions.

"After months of thoughtful and productive conversations with our creditors, we have developed a plan that allows Westmoreland to operate as usual while positioning Westmoreland for long-term success," interim CEO Michael Hutchinson said in the statement.

Coal companies have struggled as demand drops due to a glut of cheap natural gas, the rise of renewable energy sources and plans by some states to reduce or eliminate coal from their energy portfolios.

There are no new coal plants being built in the U.S., and two major coal consumers, China and India, have cancelled projects as they seek to reduce air pollution.

Westmoreland officials warned in August that declining industry conditions and significant debt "give rise to substantial doubt about our ability to pay our obligations as they come due," according to a filing with the U.S. Securities and Exchange Commission.
[.....]​

Oldcrock`s sock puppet says:
"There are no new coal plants being built in the U.S., and two major coal consumers, China and India, have cancelled projects as they seek to reduce air pollution."

The Institute for Energy Research says:
Is Coal Dead in China?
Coal is still supplying 62 percent of China’s energy needs, according to 2016 data in BP’s Statistical Review of World Energy, compared to 15 percent for the United States.
Not only is China building efficient coal plants in its own country, but Chinese companies are helping to build or finance hundreds of coal-fired power plants around the world. One such project is Kenya’s first 1050-megawatt coal-fired plant costing $2 billion located on some 975 acres.
China is building and/or financing over 200 coal-fired power plants in 31 countries–Mongolia to Zimbabwe, including countries like Kenya that had no previous coal plants. (See map below.) The coal plant in Lamu, Kenya will be the first of its kind in East Africa and will power an adjacent 32 berth deep-water port that is part of a plan to transform Kenya into an industrializing, middle-income country by 2030. It is financed with Chinese, South African, and Kenyan capital and built by the state-owned Power Construction Corporation of China. Power China has also constructed coal plants in Indonesia and Pakistan and is the 12th-largest developer of coal plants in the world.
Excluding projects in South Africa, over 100 coal-generating units are in various stages of planning or development in 11 African countries, and China is financing about half of them. The combined capacity of the units is 42.5 gigawatts—over eight times the region’s existing coal capacity. While not all are being financed by China, almost all are financed by foreign investment.
Pakistan is committed to building as many as 12 new coal-fired power plants over the next 15 years as part of a large infrastructure investment project that China and its partners are funding. About $33 billion will be spent on 19 energy projects that include coal-fired power plants, transmission lines, and other infrastructure as part of the China-Pakistan Economic Corridor. The majority of the new generating capacity (roughly 75 percent) will come from the new coal plants.
Chinese Companies Are Involved in More Than 200 Coal Projects in 31 Countries
While China has canceled some coal-fired capacity due to lack of demand growth, China still plans to increase its coal-fired power plants to almost 1,100 gigawatts, which is over three times the coal-fired capacity of the United States.
China still is using coal for over 60 percent of its energy requirements despite its pledge to the Paris Accord.

Yes indeed, olfrauds sock puppets are renowned for their inability to find factual data. It's a problem. Your reports are interesting, so too is how Germany is abandoning renewables. I guess they finally got tired of their people freezing...


Germany still constructing new coal power stations
Several countries in Europe, among them Germany, have recently built or are planning to build new coal power stations. Some examples of such plants are presented here.

Hard coal power plant, Datteln
Completion of the E.ON (now Uniper) coal power station at Datteln has been delayed repeatedly since 2007 by court injunctions due to non-compliance with zoning and environmental regulations. The construction site was determined by Friends of the Earth (BUND) to lie five kilometres distant from the original application location.

Germany still constructing new coal power stations | Airclim

 

[abu afak]

One of oldest US coal companies files for bankruptcy
The Canadian Press - October 9, 2018
One of oldest US coal companies files for bankruptcy

HELENA, Mont. — One of the oldest coal companies in the U.S. filed for bankruptcy protection Tuesday to deal with more than $1.4 billion in debt amid declining demand for the fuel.

Englewood, Colorado-based Westmoreland Coal Co. filed for voluntary Chapter 11 protection in U.S. Bankruptcy Court in Houston as part of a restructuring agreement with an unnamed group of lenders.

Westmoreland, which operates mines across the U.S. and Canada, is the fourth major coal company to file for bankruptcy in the past three years, joining Peabody Energy Corp., Arch Coal and Alpha Natural Resources.

Westmoreland officials said in a statement that operations won't be interrupted and there are no expected staff reductions.

"After months of thoughtful and productive conversations with our creditors, we have developed a plan that allows Westmoreland to operate as usual while positioning Westmoreland for long-term success," interim CEO Michael Hutchinson said in the statement.

Coal companies have struggled as demand drops due to a glut of cheap natural gas, the rise of renewable energy sources and plans by some states to reduce or eliminate coal from their energy portfolios.

There are no new coal plants being built in the U.S., and two major coal consumers, China and India, have cancelled projects as they seek to reduce air pollution.

Westmoreland officials warned in August that declining industry conditions and significant debt "give rise to substantial doubt about our ability to pay our obligations as they come due," according to a filing with the U.S. Securities and Exchange Commission.
[.....]​

Oldcrock`s sock puppet says:
"There are no new coal plants being built in the U.S., and two major coal consumers, China and India, have cancelled projects as they seek to reduce air pollution."

The Institute for Energy Research says:
Is Coal Dead in China?
Coal is still supplying 62 percent of China’s energy needs, according to 2016 data in BP’s Statistical Review of World Energy, compared to 15 percent for the United States.
Not only is China building efficient coal plants in its own country, but Chinese companies are helping to build or finance hundreds of coal-fired power plants around the world. One such project is Kenya’s first 1050-megawatt coal-fired plant costing $2 billion located on some 975 acres.
China is building and/or financing over 200 coal-fired power plants in 31 countries–Mongolia to Zimbabwe, including countries like Kenya that had no previous coal plants. (See map below.) The coal plant in Lamu, Kenya will be the first of its kind in East Africa and will power an adjacent 32 berth deep-water port that is part of a plan to transform Kenya into an industrializing, middle-income country by 2030. It is financed with Chinese, South African, and Kenyan capital and built by the state-owned Power Construction Corporation of China. Power China has also constructed coal plants in Indonesia and Pakistan and is the 12th-largest developer of coal plants in the world.
Excluding projects in South Africa, over 100 coal-generating units are in various stages of planning or development in 11 African countries, and China is financing about half of them. The combined capacity of the units is 42.5 gigawatts—over eight times the region’s existing coal capacity. While not all are being financed by China, almost all are financed by foreign investment.
Pakistan is committed to building as many as 12 new coal-fired power plants over the next 15 years as part of a large infrastructure investment project that China and its partners are funding. About $33 billion will be spent on 19 energy projects that include coal-fired power plants, transmission lines, and other infrastructure as part of the China-Pakistan Economic Corridor. The majority of the new generating capacity (roughly 75 percent) will come from the new coal plants.
Chinese Companies Are Involved in More Than 200 Coal Projects in 31 Countries
While China has canceled some coal-fired capacity due to lack of demand growth, China still plans to increase its coal-fired power plants to almost 1,100 gigawatts, which is over three times the coal-fired capacity of the United States.
China still is using coal for over 60 percent of its energy requirements despite its pledge to the Paris Accord.

Yes indeed, olfrauds sock puppets are renowned for their inability to find factual data. It's a problem. Your reports are interesting, so too is how Germany is abandoning renewables. I guess they finally got tired of their people freezing...


Germany still constructing new coal power stations
Several countries in Europe, among them Germany, have recently built or are planning to build new coal power stations. Some examples of such plants are presented here.

Hard coal power plant, Datteln
Completion of the E.ON (now Uniper) coal power station at Datteln has been delayed repeatedly since 2007 by court injunctions due to non-compliance with zoning and environmental regulations. The construction site was determined by Friends of the Earth (BUND) to lie five kilometres distant from the original application location.

Germany still constructing new coal power stations | Airclim

That's FUNNY
And 11 Year DELAYED Plant finally get's completed and you try and make it POLICY.

Coal is on the way out in Germany
You either selecta-googled/cherry picked, or are as stupid as ever!

German Coal Phase-Out may prompt power price hikes for non-ferrous ...
S&P Global Platts-Sep 18, 2018
London — The base metals industry in Germany needs affordable, secure supplies of electricity following any phase-out of coal-fired power ...


German Coal Exit power price gains seen outweighed by RES growth ...
S&P Global Platts-Oct 3, 2018
Debate about coal plant closures has dominated German energy policy for years with the coalition government avoiding a decision earlier this ...

London — The planned expansion of renewables to 65% of the German power mix by 2030 would more than offset rising prices from the planned phase-out of coal and allow the country to reach its 2030 climate target in the energy sector, think-tank Agora Energiewende said in a report.

The report based its assumptions on government targets set by the coalition agreement and was presented to the so-called 'coal commission'.

The study, modeled by Oxford-based energy research firm Aurora, concluded that [b\closing coal capacity to a level that would meet the 2030 climate targets[/b] would lift the wholesale power price to Eur61/MWh ($70.5/MWh), Eur4/MWh higher than under a "no additional measures" scenario......​

`

 

[westwall]

One of oldest US coal companies files for bankruptcy
The Canadian Press - October 9, 2018
One of oldest US coal companies files for bankruptcy

HELENA, Mont. — One of the oldest coal companies in the U.S. filed for bankruptcy protection Tuesday to deal with more than $1.4 billion in debt amid declining demand for the fuel.

Englewood, Colorado-based Westmoreland Coal Co. filed for voluntary Chapter 11 protection in U.S. Bankruptcy Court in Houston as part of a restructuring agreement with an unnamed group of lenders.

Westmoreland, which operates mines across the U.S. and Canada, is the fourth major coal company to file for bankruptcy in the past three years, joining Peabody Energy Corp., Arch Coal and Alpha Natural Resources.

Westmoreland officials said in a statement that operations won't be interrupted and there are no expected staff reductions.

"After months of thoughtful and productive conversations with our creditors, we have developed a plan that allows Westmoreland to operate as usual while positioning Westmoreland for long-term success," interim CEO Michael Hutchinson said in the statement.

Coal companies have struggled as demand drops due to a glut of cheap natural gas, the rise of renewable energy sources and plans by some states to reduce or eliminate coal from their energy portfolios.

There are no new coal plants being built in the U.S., and two major coal consumers, China and India, have cancelled projects as they seek to reduce air pollution.

Westmoreland officials warned in August that declining industry conditions and significant debt "give rise to substantial doubt about our ability to pay our obligations as they come due," according to a filing with the U.S. Securities and Exchange Commission.
[.....]​

Oldcrock`s sock puppet says:
"There are no new coal plants being built in the U.S., and two major coal consumers, China and India, have cancelled projects as they seek to reduce air pollution."

The Institute for Energy Research says:
Is Coal Dead in China?
Coal is still supplying 62 percent of China’s energy needs, according to 2016 data in BP’s Statistical Review of World Energy, compared to 15 percent for the United States.
Not only is China building efficient coal plants in its own country, but Chinese companies are helping to build or finance hundreds of coal-fired power plants around the world. One such project is Kenya’s first 1050-megawatt coal-fired plant costing $2 billion located on some 975 acres.
China is building and/or financing over 200 coal-fired power plants in 31 countries–Mongolia to Zimbabwe, including countries like Kenya that had no previous coal plants. (See map below.) The coal plant in Lamu, Kenya will be the first of its kind in East Africa and will power an adjacent 32 berth deep-water port that is part of a plan to transform Kenya into an industrializing, middle-income country by 2030. It is financed with Chinese, South African, and Kenyan capital and built by the state-owned Power Construction Corporation of China. Power China has also constructed coal plants in Indonesia and Pakistan and is the 12th-largest developer of coal plants in the world.
Excluding projects in South Africa, over 100 coal-generating units are in various stages of planning or development in 11 African countries, and China is financing about half of them. The combined capacity of the units is 42.5 gigawatts—over eight times the region’s existing coal capacity. While not all are being financed by China, almost all are financed by foreign investment.
Pakistan is committed to building as many as 12 new coal-fired power plants over the next 15 years as part of a large infrastructure investment project that China and its partners are funding. About $33 billion will be spent on 19 energy projects that include coal-fired power plants, transmission lines, and other infrastructure as part of the China-Pakistan Economic Corridor. The majority of the new generating capacity (roughly 75 percent) will come from the new coal plants.
Chinese Companies Are Involved in More Than 200 Coal Projects in 31 Countries
While China has canceled some coal-fired capacity due to lack of demand growth, China still plans to increase its coal-fired power plants to almost 1,100 gigawatts, which is over three times the coal-fired capacity of the United States.
China still is using coal for over 60 percent of its energy requirements despite its pledge to the Paris Accord.

Yes indeed, olfrauds sock puppets are renowned for their inability to find factual data. It's a problem. Your reports are interesting, so too is how Germany is abandoning renewables. I guess they finally got tired of their people freezing...


Germany still constructing new coal power stations
Several countries in Europe, among them Germany, have recently built or are planning to build new coal power stations. Some examples of such plants are presented here.

Hard coal power plant, Datteln
Completion of the E.ON (now Uniper) coal power station at Datteln has been delayed repeatedly since 2007 by court injunctions due to non-compliance with zoning and environmental regulations. The construction site was determined by Friends of the Earth (BUND) to lie five kilometres distant from the original application location.

Germany still constructing new coal power stations | Airclim

That's FUNNY
And 11 Year DELAYED Plant finally get's completed and you try and make it POLICY.

Coal is on the way out in Germany
You either selecta-googled/cherry picked, or are as stupid as ever!

German Coal Phase-Out may prompt power price hikes for non-ferrous ...
S&P Global Platts-Sep 18, 2018
London — The base metals industry in Germany needs affordable, secure supplies of electricity following any phase-out of coal-fired power ...


German Coal Exit power price gains seen outweighed by RES growth ...
S&P Global Platts-Oct 3, 2018
Debate about coal plant closures has dominated German energy policy for years with the coalition government avoiding a decision earlier this ...

London — The planned expansion of renewables to 65% of the German power mix by 2030 would more than offset rising prices from the planned phase-out of coal and allow the country to reach its 2030 climate target in the energy sector, think-tank Agora Energiewende said in a report.

The report based its assumptions on government targets set by the coalition agreement and was presented to the so-called 'coal commission'.

The study, modeled by Oxford-based energy research firm Aurora, concluded that [b\closing coal capacity to a level that would meet the 2030 climate targets[/b] would lift the wholesale power price to Eur61/MWh ($70.5/MWh), Eur4/MWh higher than under a "no additional measures" scenario......​

`

Sure thing sock boi!

Germany’s Shift to Green Power Stalls, Despite Huge Investments
Germany’s Shift to Green Power Stalls, Despite Huge Investments


End of the promotion-Old windmills will soon have to go offline
Date:
31.10.2017 06:24 clock
Wind power is the most important component of the energy transition - but the phasing out of the production threatens countless wind turbines. In three years, a large part of the network could go.

Ende der Förderung: Alte Windräder müssen bald vom Netz

 

[there4eyeM]

...because renewables are investments; fossil fuels are merely expenditures.

 

[polarbear]

One of oldest US coal companies files for bankruptcy
The Canadian Press - October 9, 2018
One of oldest US coal companies files for bankruptcy

HELENA, Mont. — One of the oldest coal companies in the U.S. filed for bankruptcy protection Tuesday to deal with more than $1.4 billion in debt amid declining demand for the fuel.

Englewood, Colorado-based Westmoreland Coal Co. filed for voluntary Chapter 11 protection in U.S. Bankruptcy Court in Houston as part of a restructuring agreement with an unnamed group of lenders.

Westmoreland, which operates mines across the U.S. and Canada, is the fourth major coal company to file for bankruptcy in the past three years, joining Peabody Energy Corp., Arch Coal and Alpha Natural Resources.

Westmoreland officials said in a statement that operations won't be interrupted and there are no expected staff reductions.

"After months of thoughtful and productive conversations with our creditors, we have developed a plan that allows Westmoreland to operate as usual while positioning Westmoreland for long-term success," interim CEO Michael Hutchinson said in the statement.

Coal companies have struggled as demand drops due to a glut of cheap natural gas, the rise of renewable energy sources and plans by some states to reduce or eliminate coal from their energy portfolios.

There are no new coal plants being built in the U.S., and two major coal consumers, China and India, have cancelled projects as they seek to reduce air pollution.

Westmoreland officials warned in August that declining industry conditions and significant debt "give rise to substantial doubt about our ability to pay our obligations as they come due," according to a filing with the U.S. Securities and Exchange Commission.
[.....]​

Oldcrock`s sock puppet says:
"There are no new coal plants being built in the U.S., and two major coal consumers, China and India, have cancelled projects as they seek to reduce air pollution."

The Institute for Energy Research says:
Is Coal Dead in China?
Coal is still supplying 62 percent of China’s energy needs, according to 2016 data in BP’s Statistical Review of World Energy, compared to 15 percent for the United States.
Not only is China building efficient coal plants in its own country, but Chinese companies are helping to build or finance hundreds of coal-fired power plants around the world. One such project is Kenya’s first 1050-megawatt coal-fired plant costing $2 billion located on some 975 acres.
China is building and/or financing over 200 coal-fired power plants in 31 countries–Mongolia to Zimbabwe, including countries like Kenya that had no previous coal plants. (See map below.) The coal plant in Lamu, Kenya will be the first of its kind in East Africa and will power an adjacent 32 berth deep-water port that is part of a plan to transform Kenya into an industrializing, middle-income country by 2030. It is financed with Chinese, South African, and Kenyan capital and built by the state-owned Power Construction Corporation of China. Power China has also constructed coal plants in Indonesia and Pakistan and is the 12th-largest developer of coal plants in the world.
Excluding projects in South Africa, over 100 coal-generating units are in various stages of planning or development in 11 African countries, and China is financing about half of them. The combined capacity of the units is 42.5 gigawatts—over eight times the region’s existing coal capacity. While not all are being financed by China, almost all are financed by foreign investment.
Pakistan is committed to building as many as 12 new coal-fired power plants over the next 15 years as part of a large infrastructure investment project that China and its partners are funding. About $33 billion will be spent on 19 energy projects that include coal-fired power plants, transmission lines, and other infrastructure as part of the China-Pakistan Economic Corridor. The majority of the new generating capacity (roughly 75 percent) will come from the new coal plants.
Chinese Companies Are Involved in More Than 200 Coal Projects in 31 Countries
While China has canceled some coal-fired capacity due to lack of demand growth, China still plans to increase its coal-fired power plants to almost 1,100 gigawatts, which is over three times the coal-fired capacity of the United States.
China still is using coal for over 60 percent of its energy requirements despite its pledge to the Paris Accord.

Yes indeed, olfrauds sock puppets are renowned for their inability to find factual data. It's a problem. Your reports are interesting, so too is how Germany is abandoning renewables. I guess they finally got tired of their people freezing...


Germany still constructing new coal power stations
Several countries in Europe, among them Germany, have recently built or are planning to build new coal power stations. Some examples of such plants are presented here.

Hard coal power plant, Datteln
Completion of the E.ON (now Uniper) coal power station at Datteln has been delayed repeatedly since 2007 by court injunctions due to non-compliance with zoning and environmental regulations. The construction site was determined by Friends of the Earth (BUND) to lie five kilometres distant from the original application location.

Germany still constructing new coal power stations | Airclim

That's FUNNY
And 11 Year DELAYED Plant finally get's completed and you try and make it POLICY.

Coal is on the way out in Germany
You either selecta-googled/cherry picked, or are as stupid as ever!

German Coal Phase-Out may prompt power price hikes for non-ferrous ...
S&P Global Platts-Sep 18, 2018
London — The base metals industry in Germany needs affordable, secure supplies of electricity following any phase-out of coal-fired power ...


German Coal Exit power price gains seen outweighed by RES growth ...
S&P Global Platts-Oct 3, 2018
Debate about coal plant closures has dominated German energy policy for years with the coalition government avoiding a decision earlier this ...

London — The planned expansion of renewables to 65% of the German power mix by 2030 would more than offset rising prices from the planned phase-out of coal and allow the country to reach its 2030 climate target in the energy sector, think-tank Agora Energiewende said in a report.

The report based its assumptions on government targets set by the coalition agreement and was presented to the so-called 'coal commission'.

The study, modeled by Oxford-based energy research firm Aurora, concluded that [b\closing coal capacity to a level that would meet the 2030 climate targets[/b] would lift the wholesale power price to Eur61/MWh ($70.5/MWh), Eur4/MWh higher than under a "no additional measures" scenario......​

`

Coal is on the way out in Germany
You either selecta-googled/cherry picked, or are as stupid as ever!
Well it would indeed be stupid if a German would believe what some internet sock puppet, who has no idea what`s going on in Germany has to say...other than musing how self-conceit and stupidity go hand in hand.
"Coal is on the way out in Germany" says Abufreak the "expert" in German politics after he frantically googled for an article to get him out of the hole he dug for himself so far in his thread...and is too stupid to realize that when you are in a hole the first thing you do is quit digging. But you did not and now your hole got even deeper:
Kritik von allen Seiten an erstem Vorschlag aus Kohlekommission | MDR.DE
Kritik von allen Seiten an erstem Vorschlag aus Kohlekommission
Aus der Kohlekomission gibt es einen ersten Vorschlag zum Kohleausstieg. 2038 sollen danach die letzten Kraftwerke abgeschaltet werden. Doch was als Kompromiss gedacht ist, stößt auch in der Kommission auf Widerstand.An einem Vorschlag aus der Kohlekommission, bis 2038 das letzte Kohlekraftwerk abzuschalten, gibt es gleich von mehreren Seiten Kritik.
Komissions-Mitglied kennt keine Einigung
Kritik am bekannt gewordenen Vorschlag von Pofalla kommt aber auch aus der Kommission selbst. Greenpeace-Geschäftsführer Martin Kaiser sagte, von einer Einigung in der Kommission könne keine Rede sein. Die Verhandlungen über das Tempo des Kohleausstiegs hätten noch nicht einmal begonnen.

The "coal commission" which is supposed to negotiate how Germany could phase out coal by 2038 is already under heavy criticism from all sides.
(which is bad news for a minority government that has to rely on a coalition with the rest of the political parties who can`t wait to shoot it down)
So it`s no wonder that the "coal commission" negotiations how and when to phase out coal have not even started . But now it seems it`s already dead:
Kritik von allen Seiten an erstem Vorschlag aus Kohlekommission | MDR.DE
Damit war das angebliche Kohleausstiegsdatum 2035 bis 38 zumindest offiziell wieder vom Tisch,
Translation: And with that the date 2035 to 2038 for the phasing out of coal was officially off the table.

Of course it would be because every political party in Germany knows that they will be decimated in the next election if they would phase out coal which would increase the electrical bill for Germans by 29 billion Euros.
source:
Kohleausstieg: Strompreise könnten um bis zu 20 Prozent steigen

So the usual politically expedient move was to establish a commission as a window dressing that fakes the intention to comply with the Paris Climate accord without giving that commission any authority to do anything but advise....which is the reason why the German Green Party is not even participating.

Hahaha at the least there are some dummies like you who fell for that ploy hook line and sinker.

 

[Toddsterpatriot]

...because renewables are investments; fossil fuels are merely expenditures.

Reliable, consistent, cheaper expenditures.

 

[westwall]

...because renewables are investments; fossil fuels are merely expenditures.

Bad investments for the most part. Other than hydroelectric which is awesome, solar and wind never, ever come close to the hype of how much energy they will produce. Here in Reno they figured out that the four wind turbines that the city installed for just shy of a million dollars would NEVER pay for themselves. So, they took them down because the maintenance costs were idiotic to continue paying when they didn't produce.

 

[abu afak]

Sure thing sock boi!

Germany’s Shift to Green Power Stalls, Despite Huge Investments
Germany’s Shift to Green Power Stalls, Despite Huge Investments


End of the promotion-Old windmills will soon have to go offline
Date:
31.10.2017 06:24 clock
Wind power is the most important component of the energy transition - but the phasing out of the production threatens countless wind turbines. In three years, a large part of the network could go.

Ende der Förderung: Alte Windräder müssen bald vom Netz

Thanks for Proving MY point.
Did you catch the word STALLS in what is STILL a long Term Shift from Coal?
nope
`

 

[westwall]

Sure thing sock boi!

Germany’s Shift to Green Power Stalls, Despite Huge Investments
Germany’s Shift to Green Power Stalls, Despite Huge Investments


End of the promotion-Old windmills will soon have to go offline
Date:
31.10.2017 06:24 clock
Wind power is the most important component of the energy transition - but the phasing out of the production threatens countless wind turbines. In three years, a large part of the network could go.

Ende der Förderung: Alte Windräder müssen bald vom Netz

Thanks for Proving MY point.
Did you catch the word STALLS in what is STILL a long Term Shift from Coal?
nope
`

"Stalls" as in even with massive public expenditures the renewables suck so bad they can't make it.

 

[Old Rocks]

...because renewables are investments; fossil fuels are merely expenditures.

Reliable, consistent, cheaper expenditures.

Fucking bullshit.

Levelized Cost of Energy 2017

Renewables are cheaper as measure in kw/hr delivered, and continuing to get cheaper.

 

[Old Rocks]

...because renewables are investments; fossil fuels are merely expenditures.

Bad investments for the most part. Other than hydroelectric which is awesome, solar and wind never, ever come close to the hype of how much energy they will produce. Here in Reno they figured out that the four wind turbines that the city installed for just shy of a million dollars would NEVER pay for themselves. So, they took them down because the maintenance costs were idiotic to continue paying when they didn't produce.

Sounds like they did not do a study before siting the mills. East of The Dalles, Oregon, are thousands of mills that are profitably producing electricity. And, in South Australia, the Hornsdale Wind Farm and the 100+ megawatt Tesla battery are saving that utility tens of millions per year. Wind and solar are the future, old farts like you are the past. Best to bury the failed past.

 

[Toddsterpatriot]

...because renewables are investments; fossil fuels are merely expenditures.

Reliable, consistent, cheaper expenditures.

Fucking bullshit.

Levelized Cost of Energy 2017

Renewables are cheaper as measure in kw/hr delivered, and continuing to get cheaper.

Is Ivanpah profitable yet?

 

[polarbear]

...because renewables are investments; fossil fuels are merely expenditures.

Reliable, consistent, cheaper expenditures.

Fucking bullshit.

Levelized Cost of Energy 2017

Renewables are cheaper as measure in kw/hr delivered, and continuing to get cheaper.

Renewables are cheaper as measure in kw/hr delivered, and continuing to get cheaper.
Try and tell Germans that an increase of 30 billion Euros on their electric bill is "cheaper" !
....and that`s on top of the massive increase per kwh they already had.

 

[bripat9643]

...because renewables are investments; fossil fuels are merely expenditures.

Reliable, consistent, cheaper expenditures.

Fucking bullshit.

Levelized Cost of Energy 2017

Renewables are cheaper as measure in kw/hr delivered, and continuing to get cheaper.

Renewables are cheaper as measure in kw/hr delivered, and continuing to get cheaper.
Try and tell Germans that an increase of 30 billion Euros on their electric bill is "cheaper" !
....and that`s on top of the massive increase per kwh they already had.

Germans pay 3 times what we pay for electricity.

 

[Toddsterpatriot]

...because renewables are investments; fossil fuels are merely expenditures.

Reliable, consistent, cheaper expenditures.

Fucking bullshit.

Levelized Cost of Energy 2017

Renewables are cheaper as measure in kw/hr delivered, and continuing to get cheaper.

Renewables are cheaper as measure in kw/hr delivered, and continuing to get cheaper.
Try and tell Germans that an increase of 30 billion Euros on their electric bill is "cheaper" !
....and that`s on top of the massive increase per kwh they already had.

Germans pay 3 times what we pay for electricity.

Meh......details.