GLG News by Elevators and Escalators Experts

    If low water levels used for cooling caused nuclear plants to operate less or back-off entirely at certain locations, this would be bullish for coal-fired (and natural gas-fired generation) and mitigate or cancel the concerns of an economic slowdown on coal-fired electricity...

    Discussion has been made that a U.S. recession will cause a decline in coal consumption by the electric power sector.  This is unlikely based on coal’s relative cost to generate electricity and the historical coal consumption by the electric power sector in previous economic...

    Coal generators have been taking efforts to reduce sulfur dioxide (SO2) emissions from coal-fired power plants.  Regulated utilities are required to treat the reduced SO2 emissions differently than unregulated utilities, merchant generators, and independent power producers...

    The Pacific Northwest has a tremendous amount of installed hydroelectric capacity.  The first and second quarter earnings of the investor owned utilities in the Pacific Northwest very greatly with hydroelectric conditions.  Preliminary reports are robust for the snowpack...

    Van Eck’s Market Vectors Coal ETF (KOL) is designed to track the coal markets through the recently released Stowe Coal Index.  The index is comprised of 60 companies around the world in the coal industry.       Comments that follow discuss the...

James Rossiter's article suggests that there is a difference between the current fall in UK office and retail property prices and that which occurred about 15 years ago when it took several years for the market to recover. He implies that the current downturn is likely to be shortlived and that...

    Coal prices are on the rise in many regions.  The sales price per ton only tells a portion of the story; the sulfur content of the coal also determines its final sales price to the customer.  Sulfur emissions credit prices affect the final sales price as discussed in...

    There are many production-related issues that point to a bullish coal market in 2008 and 2009.      The commentary section below discusses these bullish signals.

    The Wyoming Powder River Basin (PRB) Joint Line in May 2005 experienced two major derailments believed by the BNSF and the Union Pacific to be attributable to coal falling off the coal railcars on this rail line and fouling the ballast and preventing proper drainage.  Coal...

    Thermal coal into Europe continues to be above $100/tonne (metric ton) for 2008 as measured by the API 2 Index into Northern Europe.  It is up ~67% from prices for this same period quoted at the beginning of 2007.       The commentary calculates...