Kentucky

IEEFA Research

IEEFA report: U.S. likely to end 2018 with record decline in coal-fired capacity

IEEFA report: U.S. likely to end 2018 with record decline in coal-fired capacity

Utilities accelerate shutdown dates; 22 plants in 14 states this year; hard-hit regions include the Ohio River Valley

Oct. 25, 2018 — U.S. coal-fired power plant closures are on pace this year to set a record, concludes a research report published today by the Institute for Energy Economics and Financial Analysis. The report — “Record Drop in U.S. Coal-Fired Capacity Likely in 2018: Utilities Are Accelerating Shutdown Dates as Plants Grow Increasingly Uneconomic”— […]

October 25, 2018 Read More →
IEEFA Research Brief: Coal in Decline, Blow by Blow

IEEFA Research Brief: Coal in Decline, Blow by Blow

Plant Closings and the Likely Effects on Specific Companies and Mines

We’ve published a research brief today that presents an expansive snapshot of a moving target: the decline in U.S. coal-fired generation nationally. As global energy markets continue to undergo rapid transformation, change has swept the U.S. as well. Our brief—“U.S. Coal Phase-out, Blow by Blow: Plant Closings and the Likely Corresponding Effect on Specific Companies […]

April 21, 2017 Read More →
IEEFA U.S. Coal Outlook 2017: Short-Term Gains Muted by Prevailing Weaknesses in Fundamentals

IEEFA U.S. Coal Outlook 2017: Short-Term Gains Muted by Prevailing Weaknesses in Fundamentals

Production Declining by as Much as 40 Million Tons; Prices Failing to Benefit Shareholders or Stimulate New Investment; Anemic Exports; Little or No Gain From Regulatory Relief; Increasingly Dim Employment Prospects

We’re out this morning with our annual outlook for U.S. coal markets, and the picture isn’t pretty. We see the potential for some short-lived strength in the current uptick for coal producers but the title of our assessment sums up the larger view: “Short-Term Gains Will Be Muted by Prevailing Weaknesses in Fundamentals.” You can […]

IEEFA Kentucky: Owensboro Coal-Fired Power Plant Is No Longer Viable

IEEFA Kentucky: Owensboro Coal-Fired Power Plant Is No Longer Viable

Increasingly Expensive to Operate and a Drain on Ratepayers

We’ve published a memorandum today explaining why the aging coal-fired Elmer Smith power plant in Owensboro, Ky., must be retired soon and how Owensboro Municipal Utilities would do well to invest in renewable electricity generation instead. Our memorandum describes how the plant—whose two units date from 1964 and 1974—has become increasingly uneconomic to operate and […]

Cost of Coal From Mine-Mouth Prairie State Plant Isn’t the Bargain That Was Promised

Cost of Coal From Mine-Mouth Prairie State Plant Isn’t the Bargain That Was Promised

Cost of Coal From Mine-Mouth Prairie State Plant Isnt the Bargain That Was Promised By Tom Sanzillo, Director of Finance, IEEFA

April 7, 2015 Read More →
2014 – Another Year of Unmet Promises for the Prairie State Energy Campus

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus (pdf) By David Schlissel, Director of Resource Planning Analysis, Institute for Energy Economics and Financial Analysis

February 24, 2015 Read More →
Global Energy Markets Transition Drives Thermal Coal Into Structural Decline

Global Energy Markets Transition Drives Thermal Coal Into Structural Decline

New Research by IEEFA Sees Slowing Demand for Coal and Rapidly Rising Investment in Renewables CLEVELAND, Jan. 14, 2015 (IEEFA.org) — Rapid expansion of renewable energy combined with weakening electricity demand are driving a structural decline in seaborne thermal coal markets, according to a new briefing released today by the Institute for Energy Economics and […]

January 14, 2015 Read More →
Memo: Analysis of Paducah Power System’s Recent and Future Cost of Power from the Prairie State Energy Campus

Memo: Analysis of Paducah Power System’s Recent and Future Cost of Power from the Prairie State Energy Campus

Memo: Analysis of Paducah Power System’s Recent and Future Costs of Power from the Prairie State Energy Campus By David Schlissel, IEEFA Director of Resource Planning Analysis

October 28, 2014 Read More →
Report:  No evidence of a turnaround at Prairie State

Report: No evidence of a turnaround at Prairie State

No Evidence of a Turnaround at Prairie State (pdf) By David Schlissel, Director of Resource Planning Analysis

September 25, 2014 Read More →
Report- The Prairie State Coal Plant: The Reality vs. the Promise

Report- The Prairie State Coal Plant: The Reality vs. the Promise

Report- The Prairie State Coal Plant: The Reality vs. the Promise (pdf).

August 29, 2012 Read More →

More News and Commentary

Kentucky coal mining jobs continue to decline

Lexington Herald-Leader: Two years since Donald Trump carried every Kentucky coal county by whopping margins after promising miners would go back to work if he became president, the state has fewer coal jobs. Coal employment averaged 6,550 in Kentucky in the first quarter of 2017 when Trump was sworn in, according to the state Energy […]

November 13, 2018 Read More →
IEEFA U.S.: Two of Duke Energy’s plants in North Carolina reflect national trend in baseload slippage for coal

IEEFA U.S.: Two of Duke Energy’s plants in North Carolina reflect national trend in baseload slippage for coal

Cases in point: Mayo and Roxboro now operate at a fraction of their capacity

Plant closures grab most of the U.S. coal industry headlines lately, but an equally important story emerging from the data illustrates another facet of change sweeping the utility industry and its suppliers: Coal is losing its foothold as a baseload power resource. This shift is occurring nationally, but what’s happening in North Carolina is a […]

October 29, 2018 Read More →

Kentucky plant headed for early-2019 closure

Utility Dive: Henderson Municipal Power and Light in Kentucky will close its coal plant early next year and turn to the open market for its power needs, as the aging plant’s energy production is consistently more expensive than available supplies. In a letter earlier this month, the Midcontinent ISO (MISO) approved the shutdown of Units […]

October 29, 2018 Read More →
IEEFA report: U.S. likely to end 2018 with record decline in coal-fired capacity

IEEFA report: U.S. likely to end 2018 with record decline in coal-fired capacity

Utilities accelerate shutdown dates; 22 plants in 14 states this year; hard-hit regions include the Ohio River Valley

Oct. 25, 2018 — U.S. coal-fired power plant closures are on pace this year to set a record, concludes a research report published today by the Institute for Energy Economics and Financial Analysis. The report — “Record Drop in U.S. Coal-Fired Capacity Likely in 2018: Utilities Are Accelerating Shutdown Dates as Plants Grow Increasingly Uneconomic”— […]

October 25, 2018 Read More →

Coal-dominated Kentucky Power seeks solar bids

WYMT: An eastern Kentucky utility says it is looking to add up to 20 megawatts of solar energy to meet growing customer interest in solar options. Kentucky Power says it’s also looking to diversify its electric generation mix. The company is seeking bids for solar resources to be purchased. As part of the process, Kentucky […]

October 18, 2018 Read More →

Kentucky muni signs solar power purchase deal

Courier Journal: Kentucky is about to catch some rays in a big way. A new solar farm coming to Western Kentucky in 2022 promises to be the state’s biggest — by a wide margin. Some 800 acres of solar panels are planned for Lyon County, just north of Land Between the Lakes National Recreation Area. […]

September 10, 2018 Read More →

Owensboro, Ky., utility to close its aging coal plant

WFPL: Coal-fired power plants in Kentucky continue closing even as the Trump administration works through details on how to bail out the industry. Energy Secretary Rick Perry said Monday he wasn’t ready to provide details of the plan, but even if it was implemented tomorrow, that wouldn’t stop Owensboro, Kentucky from shutting down its coal-fired […]

June 27, 2018 Read More →

Big Rivers Decision Could Lead to Another U.S. Coal Plant Closure

Platts: Big Rivers Electric Tuesday notified Kentucky regulators and the Henderson municipal utility that owns a 312 MW coal-fired plant that it was terminating a long-term operating agreement at end-May 2019. Big Rivers, a Henderson-based generation and transmission co-op, has operated the Station Two plant since the facility opened in 1972, Jennifer Keach, the co-op’s […]

May 3, 2018 Read More →
IEEFA Update: Wishing Won’t Make it So: Industry ‘Action Plan’ for Federal Policy Changes Can’t Revive Coal Mining in U.S.

IEEFA Update: Wishing Won’t Make it So: Industry ‘Action Plan’ for Federal Policy Changes Can’t Revive Coal Mining in U.S.

Murray Energy Checklist Included Rolling Back Clean Power Plan, Changing Science Findings, Rewriting Tax Code to Disadvantage Renewables

For the first time last week, Bob Murray, the outspoken CEO of Murray Energy Corp., publicly discussed his company’s recently publicized wish list for actions that the federal government could take to support the coal industry.  Murray’s “Action Plan for the Administration of Donald J. Trump,” a once-secret document written almost a year ago, was released earlier […]

Kentucky Utility Sees Coal-Powered Electricity All but Disappearing by 2050

WFPL (Louisville): Kentucky’s largest electric utility expects to be powered more than 80 percent by natural gas or renewable energy by the middle of this century — regardless of whether the country’s energy policies change. Last month, PPL — the corporation that owns both Louisville Gas and Electric and Kentucky Utilities — released a climate […]

December 7, 2017 Read More →