Monday, August 12, 2019
7:30 am - 11:00 am ACC Board of Directors Meeting
12:00 pm - 5:00 pm ACC Golf Tournament | Business Networking Time
5:30 pm - 7:00 pm Coal Market Strategies Welcoming Reception
Tuesday, August 13, 2019
7:15 am - 8:15 am Networking Breakfast
8:15 am - 8:30 am Welcome, Antitrust Reminder, and Conference Overview
- Betsy Monseu, CEO, American Coal Council
- Scott Spears, Chief Executive Officer, Jesse Creek Mining, LLC, and President, American Coal Council
8:30 am - 9:30 am Opening Keynote Address
President and Founder, Center for Industrial Progress
A philosopher and energy expert, Alex emphasizes “human flourishing” as the guiding principle of industrial and environmental progress. He is the author of the New York Times bestseller The Moral Case for Fossil Fuels, and is currently finishing a new “2.0” version.
Alex was last with ACC in 2014, and much in our industry has changed since then. We welcome him back for the CMS Keynote which will include a wide-ranging Q&A discussion with ACC CEO Betsy Monseu on coal and fossil energy, renewables, climate, carbon taxes, the Green New Deal, and more.
Alex has made his moral case for fossil fuels to students at campuses across America including Harvard, Yale, Stanford, and Duke (his alma mater). He has publicly debated leading environmentalist organizations such Greenpeace, the Sierra Club, and 350.org over the morality of fossil fuel use.
He has spoken to many energy companies including ExxonMobil, Chevron, Phillips 66, Valero, Enbridge, and TransCanada in teaching fossil fuel industry employees and stakeholders to understand the value of what they do and how to communicate it.
9:30 am - 10:00 am Break
10:00 am - 11:30 am Session I
- Outlook and Benefits of an Efficient U.S. Coal Fleet: Wood Mackenzie’s recent report for the National Mining Association assessed the growth of global coal capacity and compared the penetration of high efficiency, lower emissions advanced coal power plant technologies in the U.S. to the rest of the world. Matt will discuss how the U.S. stacked up and what’s needed to better position U.S. coal power plants in the marketplace, as well as necessary policy, regulatory and technology support for developing new plants.
- Where’s Global Thermal Coal Going and What Does it Mean for the U.S.? Rapidly changing global thermal market prices during the first half of 2019 beg the question – do market fundamentals support the trend? What countries and regions will most affect supply and demand in the second half? What economic trends and policy factors will influence the market? And how does all of this impact U.S. buyers and sellers?
Doyle Trading Consultants
- Coal in a New Carbon Age: the National Coal Council’s (NCC) latest report for Energy Secretary Rick Perry assesses market opportunities for U.S. coal beyond conventional markets for power generation and steelmaking. The report indicates that utilization of domestic U.S. coal for “coal-to-products” applications has the potential to be on the same order of magnitude as that projected for coal power generation in the future. Coal-to-products includes using coal to create durable, lightweight carbon products for the aerospace and automotive industries, to create sorbents to capture CO2 for power plants, and to create high-strength composite materials. What are the NCC’s findings and recommendations for a roadmap to promote the development and commercialization of these innovative coal products?
National Coal Council
11:45 am - 12:45 pm Networking Lunch
1:00 pm - 3:00 pm Session II
- Looking Ahead for Metallurgical Coal Markets: after a nearly three year run, do market fundamentals support metallurgical coal staying the course? Will domestic steel output strengthen and positively impact demand? How have tariffs and tariff exemptions impacted the volume of steel imports? What trends will impact demand from Europe and from the key markets and economies in South America and Asia? What factors will most affect international supply?
- Coal and Dry Cargo Barging Outlook: historical flooding affecting much of the river system and wide swaths of land throughout the country has implications for coal, grain, and other commodity movements. At the same time, power sector coal inventories are at ten year lows according to EIA. Consider also the dynamics of the export marketplace. This presentation will unpack all of that and look ahead for the balance of 2019 and into 2020.
Ingram Barge Company
- BNSF Rail Update and Coal Outlook: an update on western and midwestern flooding impacts to coal shipments and the rail recovery and restoration efforts, together with a markets outlook. With domestic dynamics including coal plant inventories, summer burns levels, and natural gas and renewables competition along with changes in the international thermal marketplace, how will the PRB fare?
- Renewables, Gas and Coal Face Off in the Power Markets: the trends for renewables development and the outlook for incentives, costs, operational characteristics and grid impacts will be focused on in the context of coal and gas generating assets and economics, and electricity demand.
BTU Analytics, LLC
3:00 pm - 5:30 pm Business Networking Time
3:15 pm - 4:00 pm ACC Communications Committee Meeting (ACC members welcome)
5:00 pm - 5:45 pm Board Reception for New & Prospective Members (by invitation)
5:30 pm - 7:00 pm Coal Market Strategies Reception
Wednesday, August 14, 2019
7:30 am - 8:30 am Breakfast
8:45 am - 11:30 am Session III
- U.S. Environmental Protection Agency Update on Coal-Related Regulations: this update will include important EPA regulatory initiatives and reforms including the ACE rule for GHG/CO2 emissions regulations from existing coal power plants, coal combustion residuals, effluent limitations guidelines, the proposed replacement for GHG/CO2 for new, modified and reconstructed plants (NSPS), the Mercury and Air Toxics Standards reconsideration and review, and New Source Review.
U.S. Environmental Protection Agency
- Electricity Markets Snapshots and Perspectives: a detailed look at the nearer term electricity market regions of MISO, SPP, PJM, ERCOT, CASIO and the rest of WECC. This will include key market trends and drivers unique to each region; reserve margin, resource mix, load growth, and transmission factors by region; and regional forwards and forecasts.
9:45 am - 10:00 am Break
- Rush to Renewables – the Case for Caution: the impacts of renewables policy including the push for cities and states to go to 100% renewables will be explored, including real-world, real-time examples of the issues and problems. What does this translate to at a national level? Considerations to be discussed include energy density issues, battery technology and seasonal storage issues, location and quality of wind and solar resources, and more.
- The NCTA of the Future: the National Coal Transportation Association’s new Executive Director provides his look forward at industry issues and NCTA involvement.
National Coal Transportation Association
- What’s New in U.S. Energy Information Administration Coal Reporting?: through the data it collects and analyzes, the Energy Information Administration (EIA) is a resource to a wide variety of stakeholders – from policy makers, industry, and researchers to students and teachers. This presentation will overview EIA’s coal-related data and products and outline a planned new monthly coal report.
U.S. Energy Information Administration
11:30 am Conference Adjourns