North Dakota

IEEFA Research

IEEFA Update: How Will Westmoreland Coal’s Deepening Spiral End?

IEEFA Update: How Will Westmoreland Coal’s Deepening Spiral End?

Disappearing Market Capitalization and Unsustainable Debt

We’ve just published a research brief of interest to any person, community, business, or investor with ties to Westmoreland Coal Co. The brief—“Westmoreland Coal Is in Trouble”—lays out how the company, which produces coal for electricity generation, is hobbled by debt, is losing customers, has suffered a catastrophic drop in stock price, and appears to […]

February 16, 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 →

More News and Commentary

First Utility-Scale Solar Project Planned In North Dakota

The Bismarck Tribune: Geronimo Energy plans to build a 200-megawatt solar project in rural Cass County that would span 1,600 acres and reduce carbon dioxide emissions equivalent to taking 50,000 cars off the road every year. The $320 million Harmony Solar Project would be built in Harmony Township, which is near the Bison substation west […]

April 24, 2018 Read More →
IEEFA Update: Taxpayer Exposure to U.S. Coal Reclamation Costs Runs Deep

IEEFA Update: Taxpayer Exposure to U.S. Coal Reclamation Costs Runs Deep

Public Risk in Alaska, Colorado, Missouri, North Dakota, Texas, Virginia, West Virginia, and Wyoming

A report that came out last month from the nonpartisan Government Accountability Office recommends that Congress eliminate the risky system of self-bonding by coal-mining companies. But the report also raises concerns about the financial stability of surety-bond companies, a much more common form of reclamation bonding, as well as problems with underfunding for mine cleanup costs. […]

April 20, 2018 Read More →

U.S. Great Plains Grid Logs a 60 Percent Wind-Power Moment

The Oklahoman: The Southwest Power Pool, the regional transmission organization that manages the Great Plains’ electric grid, announced Friday it had set a wind-penetration record of 60.56 percent. During that minute, wind supplied 13,928.94 megawatts of the 22,998.71 megawatts needed to provide power to customers of all of the utilities and other power distributors that […]

March 19, 2018 Read More →
IEEFA Update: How Will Westmoreland Coal’s Deepening Spiral End?

IEEFA Update: How Will Westmoreland Coal’s Deepening Spiral End?

Disappearing Market Capitalization and Unsustainable Debt

We’ve just published a research brief of interest to any person, community, business, or investor with ties to Westmoreland Coal Co. The brief—“Westmoreland Coal Is in Trouble”—lays out how the company, which produces coal for electricity generation, is hobbled by debt, is losing customers, has suffered a catastrophic drop in stock price, and appears to […]

February 16, 2018 Read More →

New 800-Mile Midwestern Power Line Expands U.S. Wind Market

Midwest Energy News: Finished in late September after more than a decade of planning and construction, the 800-mile-long CapX2020 transmission project has prompted more than 3,600 megawatts of clean energy project proposals, according to Xcel Energy. While not all the proposals are likely to be approved by regulators, the flood of applications represents the tangible […]

November 30, 2017 Read More →

U.S. Wind Generation Up 16% in First Half of 2017

SNL: U.S. wind generation increased 16% year over year during the first half of 2017, according to U.S. Energy Information Administration data. Nine of the 10 states with the most wind generation saw a first-half 2017 increase in electricity output of at least 3% year over year. Of those states, Kansas had the largest year-to-year […]

November 10, 2017 Read More →

Tapping Wind and Natural Gas, New Regional Grid Expansion for Dakotas, Minnesota and Wisconsin Is Complete

Associated Press: Xcel Energy and Otter Tail Power say they’ve completed a 70-mile power line in South Dakota that’s the last piece of a major expansion of the upper Midwest power grid called CapX2020. The new 345-kilovolt line connects a new substation near Big Stone City with an existing substation in Brookings in eastern South […]

August 31, 2017 Read More →

Wind Is Giving Lignite a Run in North Dakota

SNL: One of the lowest-quality forms of coal has weathered the past eight years remarkably well despite massive challenges that have affected the industry. Data compiled by S&P Global Market Intelligence shows that lignite mines across the U.S. produced more than 71.5 million tons of coal in 2016, only a slight decrease from the roughly […]

July 25, 2017 Read More →

Coal Plants in North Dakota are Making Adjustments as Wind Power Increases

Mike Hughlett in the Star Tribune: The chimneys of Coal Creek Station, North Dakota’s largest power plant, tower 60 stories over the prairie. Nearby, an excavator that looks like a giant crane looms over a big coal mine. The mine feeds the plant owned by Maple Grove-based Great River Energy, which churns out electricity for […]

July 10, 2017 Read More →

Red States Lead Boom in U.S. Renewables

New York Times: Some of the fastest progress on clean energy is occurring in states led by Republican governors and legislators, and states carried by Donald J. Trump in the presidential election. The five states that get the largest percentage of their power from wind turbines — Iowa, Kansas, South Dakota, Oklahoma and North Dakota […]

June 8, 2017 Read More →