Grants and Contracts Details
Description
I. A. Project Coal
Coal has been, and continues to be, an important natural resource for Kentucky. Currently, 91%
of Kentucky's electricity is generated from coal-burning power plants and the Commonwealth
has the lowest electricity cost in the nation. In FY 2004-2005, the coal industry brought $3.25B
into Kentucky from out-of-state and coal companies paid $1 84M in coal severance taxes. In
2004, the coal industry paid $759M in direct wages to over 15,000 persons1. However, as will be
pointed out, Kentucky's thicker coal seams are being depleted and the remaining vast resources
of coal in the Commonwealth are located primarily in thin seams that are difficult to mine.
Consequently, the goal of this project is to begin developing technologies that will enable the
economic mining of thin-seam coal resources located in the eastern coalfields of Kentucky. The
importance of this issue is addressed in "Coal: Energy at Kentucky's Feet" in the 2005
Comprehensive Energy Strategy which states that ". . .Kentucky' s low-cost electricity must
include the role played by coal." The report also recognizes that Kentucky coal production has
significantly declined over the last decade. Therefore, in order for the Commonwealth to
continue to attract industry because of low-cost energy and to grow its economy, it is imperative
that the decline in coal production be reversed.
Status | Finished |
---|---|
Effective start/end date | 2/15/08 → 9/30/09 |
Funding
- KY Office of Energy Policy: $94,023.00
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