EKPC acquire spot coal from Oxford Mining
Platts reported that East Kentucky Power Cooperative is buying up to 30,000 st of spot coal in December for its 1,371-MW Spurlock station near Maysville, Kentucky, from Oxford Mining, according to a new regulatory filing. East Kentucky, the Winchester-based generation and transmission co-op, told the Kentucky Public Service Commission earlier this week it is paying a barge-delivered price of USD 1.4553 cents/MMBtu for the coal. Ingram Barge is loading the coal at the Tunnel Ridge Dock at milepost 82.5 on the Ohio River. Oxford, a subsidiary of Colorado-based Westmoreland Coal, operates several small-to-mid-sized surface mines in Ohio. The specific source of the East Kentucky coal was not disclosed.
However, Oxford has guaranteed a minimum heat content of 11,400 Btu/lb, East Kentucky said. Other coal specifications include a maximum of 6 lbs SO2/MMBtu, and maximum of 14.5% ash and 10% moisture. Each Ingram barge is loaded to a minimum of 1,350 st for direct shipment to Spurlock "no later than 48 hours after the empty barge is placed at the dock. Any charges incurred by [East Kentucky] as a result of lightweight barges or loading delays will be deducted from the billing price of the coal."
In another filing, East Kentucky said it is undergoing a periodic contract reopener review with B&N Coal, also a small Ohio-based producer, regarding coal purchased for the utility's 341-MW Cooper power plant near Burnside, Kentucky. No additional details were disclosed.
Source : Platts