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Dennis Wamsted
Momentum around declining consumption numbers, utility-company policy, export markets and internal assessments
The economic problems facing the U.S. coal industry have been on manifest display this week. On Tuesday morning, the federal Energy Information Administration reported that coal use in the U.S. is on track to fall to its lowest level since 1979, and that by year’s end consumption will be 44% below the 2007 peak of […]
IEEFA
The Hill: Back in the 1980s, we enacted the nation’s first law incentivizing utilities that bought more renewable power. That began decades of innovation and investment in Iowa’s energy sector. Fast forward to today where we’re now reaping the rewards: low-cost electricity, new jobs and support for rural communities. Last year, nearly 37 percent of […]
IEEFA
Tom DiChristopher for CNBC: The U.S. Mountain States are moving away from coal, even as President-elect Donald Trump vows to revive the embattled industry. Western states — a stronghold for coal consumption — are increasingly using natural gas and renewable energy for their electricity. The switch puts pressure on miners in Wyoming, the country’s biggest […]
IEEFA U.S.: A rough week for the American coal industry
Momentum around declining consumption numbers, utility-company policy, export markets and internal assessments
The economic problems facing the U.S. coal industry have been on manifest display this week. On Tuesday morning, the federal Energy Information Administration reported that coal use in the U.S. is on track to fall to its lowest level since 1979, and that by year’s end consumption will be 44% below the 2007 peak of […]