Coal news and updates

Gulf Power saw its coal generation share drop to 17% in May, compared with 34% in April, according to a state regulatory filing.

 

Coal burn was at 54,648 st in May, which generated 152,745 MWh of power, down from 97,514 st, or 152,745 MWh, in April, according to a filing published June 22, by the Florida Public Service Commission.

 

Natural gas' mix was at 79%, or 486,502 MWh, in May, down from 62%, or 278,325 MWh, in April.

 

In May, Gulf Power's average fuel cost for coal was $28.95/st, down from $83.35/st in April.

 

Heat rate efficiency for coal was at 10,899 Btu/KWh in May, while gas was at 7,733 Btu/KWh, resulting in dispatch prices of roughly $22.90/MWh and $28.70/MWh, respectively. In April, coal's dispatch price was $55/MWh and gas' price was $26.60/MWh.

 

Gulf Power owns the Crist coal-fired power plant in Pensacola, Florida, as well as a 50% ownership of Mississippi Power's Daniel plant in Escatawpa, Mississippi, and a 25% stake in one generating unit at Georgia Power's Scherer plant in Juliette, Georgia. Gulf Power, a subsidiary of NextEra Energy, serves about 474,000 customers in eight counties in northwest Florida.

 

 

Source : https://www.spglobal.com/platts