Alaska

IEEFA Research

April 2015 Chuitna Letter From IEEFA

April 2015 Chuitna Letter From IEEFA

April 2015 Chuitna Letter From IEEFA  

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More News and Commentary

On the Blogs: Alaska Mine Cancellation Emblematic of Freefall in U.S. Coal Exports

Sightline Institute: Another month, another coal export project down the tubes. This time it’s the proposed Chuitna mine in Alaska, a controversial export project launched a few years ago near the peak in the Pacific Rim coal bubble. After submitting several thousand pages of permitting documentation, the project backers had no choice but to shelve […]

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IEEFA Update: Lacking Customers, PacRim Bails Out of Its Alaska Coal Project

A New Mine on Cook Inlet Was as Crazy as It Sounded

Word out of Alaska this morning that investors have pulled out of the proposed Chuitna Coal Project near Alaska’s Cook Inlet was presaged by the fast-moving global transition in electricity generation. Research we published two years ago—and that we outlined in an August 2015 letter to the Alaska Department of Natural Resources—pointed to where Delaware-based […]

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U.S. Coal Company Drops Longstanding Plan for Alaska Mine

Associated Press: A company that sought to develop a major coal mine 45 miles (72 kilometers) southwest of Anchorage has suspended applications for state permits. The Peninsula Clarion reports PacRim Coal has halted its permit process for a strip mine on the west side of Cook Inlet near the village of Tyonek (teye-OH-nek). The Alaska […]

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Alaska Deal Retires 63,000-Acre Coal Tract

From the Associated Press: An undeveloped Alaska coal field, California’s offsets for carbon pollution and thousands of acres of forest are the unlikely players in a complex agreement that is expected to generate millions for an Alaska Native organization. The agreement signed in December also calls for Chugach Alaska Corp. to sell the coal rights […]

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On the Blogs: Alaska’s Sole Coal Producer Ceases Exports

Kevin Baird for Newsminer.com: Usibelli Coal Mine’s last export of coal sailed out of Seward in July, and the Seward coal loading facility is going into cold storage mode, according to the company’s vice president of External Affairs, Lorali Simon. The 75,000-ton coal shipment will be Usibelli’s last coal export, at least until the market […]

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Divestiture Movement, Deepening Distress of Coal Industry, Emerging Battles Over Solar, Overbuilding of Shale Gas Pipelines Highlight IEEFA Energy Finance 2016 Conference in New York City

Panelists From Deutsche Bank, Moody’s, S&P Capital IQ, New York Mayor’s Office, CalSTRS, Massachusetts Attorney General’s Office, Bloomberg New Energy Finance, Norwegian Parliament

COLUMBIA UNIVERSITY, MARCH 14-16; EXPERTS FROM EUROPE, ASIA, AUSTRALIA,  AND THE AMERICAS NEW YORK, Feb. 29, 2016 — The Institute for Energy Economics and Financial Analysis (IEEFA) today announced a 2016 conference lineup that includes leading energy finance experts, industry regulators, institutional investors, activists, market analysts and commentators from around the world. The conference, Energy […]

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Data Bite: U.S. Coal Production Is Down Almost Everywhere, and Off by Double Digits in Key States

Data Bite: U.S. Coal Production Is Down Almost Everywhere, and Off by Double Digits in Key States

The Map and Chart of the Day: Stark Challenges for Miners From Appalachia to Wyoming as Energy Markets Shift

The drop in U.S. coal production reported by the Energy Information Administration for 2015 marks the biggest annual decline since 1958 and continues a trend that began a decade ago. The total amount of coal produced in the U.S. sank to 900 million short tons, the lowest level since the mid-1980s, according to the EIA’s preliminary estimates. […]

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Op-Ed: Alaska’s Future Is Not in Coal

Tom Sanzillo for Alaska Dispatch News: PacRim says the coal that would come out of Chuitna would boast superior low-sulfur content, when in fact its sulfur content is no different from that found in coal produced in the Powder River Basin in the Lower 48. This point is worth emphasizing because every Powder River Basin […]

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Op-Ed: Why an Alaskan Coal Project Is Unviable

Shannyn Moore for Alaska Dispatch News: Alaska’s only coal mine — owned by the Usibelli family — has seen its exports fall 57 percent in the past four years. The company just announced that it is stopping all exports of coal for the foreseeable future. No wonder a coal market analysis by the Institute for […]

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Global Trends Continue to Undermine U.S. Coal-Export Schemes

Global Trends Continue to Undermine U.S. Coal-Export Schemes

Markets Will Not Support Expansions and Developments Proposed in Alaska, California and Washington State

The outlook for coal markets off the West Coast of the U.S. continues to weaken. This fast-developing erosion is rooted in a structural, long-term move that makes elaborate coal-export schemes more and more ill advised as coal’s decline deepens. Projects pitched, for example, at Longview, Wash., at the Port of Oakland, and for the Chuitna […]

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