Coal Age

JUN 2018

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6 June 2018 news AEP Expects to Burn Slightly More Coal This Year b r e a k i n g n e w s American Electric Power (AEP), one of the largest electric utility companies in the United States, plans to burn slightly more steam coal in 2018 than last year at its re- maining coal-burning power plants. The Columbus, Ohio-based company should consume approximately 33 million tons of coal from several domestic coal basins, according to a company spokeswoman. That is about a 6% increase over the 2017 coal burn, but it pales in comparison to a decade ago, when AEP regularly burned about 70 million tons of coal in its far- flung plants. The 33-million-ton figure relates only to AEP's regulated power plants. The com- pany does not disclose the coal burn for its unregulated or merchant facilities, some of which have been retired by AEP. They include the 2,400-megawatt J.M. Stuart plant along the Ohio River near Aberdeen, Ohio, and the 600-megawatt Killen plant near Wrightsville, Ohio. AEP and Houston-based merchant generator Dynegy Inc. had been co-owners with Dayton Power & Light Co. (DP&L), which oper- ated the plants until they closed on June 1. Ohio-based Murray Energy Corp., the largest privately owned coal company in the U.S., lobbied to keep the plants open to no avail. At one point, Murray founder and CEO Robert D. Murray implored DP&L to place Stuart and Killen up for sale, suggesting coal industry entities might be interested in buying them. By mid-2016, AEP had retired approximately 6,500 megawatts of coal-burning generating capacity as part of its plan to comply with the federal Environmental Protection Agency's Mercury and Air Toxics Standards rules for existing power plants. Even though AEP's coal consumption has declined, the fuel still represents nearly half of its generation capacity. Thiess Secures Curragh Contract Thiess has been awarded a A$160 million contract extension by Coronado Curragh to continue to provide mining services at the Curragh coal mine in Queensland, Australia. Thiess has a long record of service at Curragh having operated at the project since 2004. "This is the fifth successive contract that Thiess has won to deliver mining services at the Curragh mine," said Michael Wright, CEO, CIMIC Group, which owns Thiess. "Our team has a strong record of consistently meeting production targets through operational excellence and a com- mitment to strong safety performance. This extension recognizes our depth of expertise and the consistency of the service that our team has brought to this operation." "We've developed a deep understanding of the site and its oper- ations and built a strong working relationship with the Curragh team," said CIMIC Group Executive Mining and Mineral Processing and Thiess Managing Director Douglas Thompson. "We look forward to continuing this excellent record of delivery for Coronado Coal." Under the contract extension, Thiess will mine approximately 45 million bank cubic meters (BCM) of waste and coal at Curragh's North Pit, located 30 km north of Blackwater, until June 2019. In addition, Thiess will continue delivery of its existing scope of works under its current $1.1 billion contract until 2021. This includes waste and coal mining truck excavation works, run of mine re-handling services, maintenance of a client-owned shovel and heavy-medium earthmoving equipment. Thiess will mine approximately 45 million BCM of waste and coal at Curragh's North Pit between now and June 2019.

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