1 / 15

National Coal Conference

National Coal Conference. April 23, 2013. Chairman Robert F. Powelson Pennsylvania Public Utility Commission. Created in 1937 5 commissioners 500 employees $65 million budget. PA Public Utility Commission. Regulates around 8 ,000 utilities in the following sectors:. Electricity

fifi
Télécharger la présentation

National Coal Conference

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. National Coal Conference April 23, 2013 Chairman Robert F. Powelson Pennsylvania Public Utility Commission

  2. Created in 1937 5 commissioners 500 employees $65 million budget PA Public Utility Commission • Regulates around 8,000 utilities in the following sectors: • Electricity • Natural Gas • Water • Telecommunications • Transportation

  3. The New Energy Reality • World energy consumption predicted to grow by 53% from 2008 to 2035 • Fossil fuels will continue to supply much of the energy used worldwide • Renewableshare of total energy use is predicted to increase from 10%in 2008 to 14% in 2035 • There are 1.6 billion people without electricity worldwide Source: EIA’ s International Energy Outlook 2011

  4. U.S. Electricity ConsumptionExpected to Grow 30% by 2035 KWH (Billions) Projected Source: Energy Information Administration

  5. u.S. Coal production The U.S. holds the worlds largest estimated recoverable reserves of coal • In 2011, approximately • 72% of coal production • originated in 5 states: • PA • WY • WV • KY • TX

  6. PENNSYLVANIA + Coal • PA is the 4th largest coal producing state in the U.S. • Coal production is vital to PA’s economy • In 2011, PA’s coal industry: • Contributed $3.2 billion in economic output • Supplied well-paying jobs for 41,500 Pennsylvania residents • Provided more than $750 million in federal, state, and local personal income and payroll tax revenue

  7. Coal + Electricity • Over 90% of U.S. coal consumption is in the electric power sector • Coal-fired generation still holds the largest share among all sources of electricity • In March 2012, coal's share of total U.S. generation was 34% • However, coal’s use has declined since 2007 due to: • Slow growth in electricity demand • Strong price competition with natural gas • Increased used of renewables

  8. 2013 PJM Generation by Fuel Type

  9. 2013 Pennsylvania Generation by Fuel Type Sources: U.S. Energy Information Administration

  10. The future of electric generation

  11. Coal and Rail • Coal is the most important commodity carried by America’s railroads • Coal accounts for 43 percent of all tonnage shipped • Coal generates over 24 percent of all gross rail revenues • The business of coal, rail, and power generation are inextricably linked • 70 percent of all call delivered to U.S. power plants is delivered by rail • Coal industry accounts for 1 in 5 railroad jobs

  12. Future of coal Unknown impact of environmental regulations creates tremendous uncertainty for the coal industry.

  13. Real world Examples PJM Plant Retirements: Almost 9,000 MW did not clear in PJM’s Capacity Auction for 2014-2015 Brandon Shores, Crane & Wagner Generating Stations: Scrubbed for billions, but sold for only $400 million FUTURE OF COAL Homer City Generating Station: Edison & GE Capital planning to invest $700 million in scrubbing this plant Dominion Resources Inc.: Completed construction of new coal plant in 2012. One of the last new coal plants?

  14. Conclusion • With the rising demand for electricity, we need to rely on all sources of generation, from wind to coal • A diverse mix, or portfolio, approach is the answer • For coal plants to compete in the future, clean coal technology is a must • Coal will be a major player in the future of electric generation

  15. Thank you

More Related