MTPR

coal

Spring Creek Coal Mine Inks New Contract With Japan

Jan 17, 2018

Coal from the Montana side of the Powder River Basin will soon be headed to Japan for two new state-of-the-art coal gasification plants in the Fukushima Prefecture. Cloud Peak Energy announced an agreement with Singapore-based JERA Trading to supply coal for up to 40 months beginning at the end of next year.

A Coal Mine in the Powder River basin
U.S. Geological Survey

We're getting perspective now on last week's news that the U.S. Interior Department said it had approved a major coal mine expansion in Montana. It caused the stock of the mining company involved to temporarily spike.

Six days later, Interior rescinded its statement, saying no expansion was approved, and the original approval statement was the result of “internal miscommunication.”

While coal production is down nationwide, a new report says it still brings a lot of money to Montana. 

Coal mining.
USDA NRCS

A coal-fired power plant near Hardin may shut down next year unless its owners can find a new buyer.

If the Hardin Generating Station closes next year, that city could lose 30 good-paying jobs and almost a half-million dollars in tax revenue.

The Colstrip Power Plant consists of four separate coal-fired generating units, collectively owned by Puget Sound Energy, Talen Energy, Avista Corporation, PacifiCorp and NorthWestern Energy.
Beth Saboe

Climate change activists and elected officials in Washington state are criticizing Puget Sound Energy's new long-range power generation plan. They say the utility isn't moving fast enough toward 100 percent renewable energy sources. That includes stating definitively that Puget Sound will shut down the Colstrip electricity plant in 2025.

Nathanial Jones, the mayor pro tem of Olympia, Washington, says rising sea levels due to climate change threaten billions of dollars worth of development in his city.

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