PacifiCorp’s reliance on coal plants brings utility to expensive juncture
Unlike PGE, which plans to close its Boardman plant, PacifiCorp sticks with coal-fired plants despite impending pollution regulations, and says its strategy is least costly.

Read more on The Oregonian

Hunt for Mongolia coal assets
SEOUL: Resource hungry Asian states are locking horns with steelmaker ArcelorMittal and miner Vale to develop the world’s largest untapped coking coal deposit in Mongolia, scrambling for raw materials to produce steel.

Read more on The Star

Scientists seek means to burn coal cleanly
AUSTIN—In a four-story test plant just behind a warehouse-like research building in north Austin, University of Texas researchers are hoping for a revolutionary breakthrough to the question of how to continue to burn coal without contributing to global warming.

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HK, Shanghai shares up; property plays, coal power rebound
* Hang Seng up 1.6 pct, climbs from two-month low

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Jon Markman’s Speculations: Global warming heats oil and coal sectors
If crude oil prices do push through current levels, there is virtually no resistance until $100. And a move of that magnitude would electrify energy shares enough to super-charge the next phase of the recovery.

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Nod for 10 percent divestment in Coal India, Hindustan Copper
The government Tuesday approved 10 percent divestment of its shares in Coal India and allowed another state-run company Hindustan Copper to issue 10 percent fresh equity to the public to raise money towards capital expenditure.

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Coal India’s IPO May Take Place by September, Minister Says June 2 (Bloomberg) — Coal India Ltd.’s initial public offering, planned next month, may now take place by September when market conditions improve, Coal Minister Sriprakash Jaiswal said. Read more on Bloomberg

India’s Starvation Coal Diet Structural inefficiencies, unrest and environmental concerns restrict supplies as consumption skyrockets Read more on Asia Sentinel

RPT-Cyclone puts Indian gas field, coal port on alert * Two state refineries, Reliance’s gas field on alert Read more on Reuters via Yahoo! Asia News

GE Achieves Cleaner Coal Energy Milestone-Advanced Technology Turbines Ship to First-of-Its-Kind Power Plant
GREENVILLE, S.C.—-Marking a major milestone on the road to America’s clean energy future, GE today announced the shipment of the second of its advanced, highly efficient turbines to Duke Energy’s integrated gasification combined-cycle power plant in Edwardsport, Ind.

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