Pennsylvania

IEEFA Research

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 […]

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Report: FirstEnergy Seeks a Subsidized Turnaround

Report: FirstEnergy Seeks a Subsidized Turnaround

FirstEnergy: A Major Utility Seeks a Subsidized Turnaround (pdf) By Tom Sanzillo, Director of Finance and Cathy Kunkel, Fellow Institute for Energy Economics and Financial Analysis

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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

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More News and Commentary

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

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 […]

Read More →

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

Production to Decline by as Much as 40 Million Tons; Prices Will Not  Benefit Shareholders or Stimulate New Investment; Anemic Exports; Few Gains From Regulatory Relief; Increasingly Dim Employment Prospects

Jan. 19, 2016 (IEEFA.org) – The Institute for Energy Economics and Financial Analysis (IEEFA) today published its U.S. Coal Outlook 2017 in which it describes an industry like to decline further this year, though at a slower pace than in 2016. The report—“IEEFA U.S. Coal Outlook 2017:  Short-Term Gains Will Be Muted by Prevailing Weaknesses […]

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On the Blogs: Pipeline Glut in Southeast U.S.

Gillian Neimark for Southeast Energy News: While the shale boom has seen a proliferation of new natural gas pipelines throughout the Southeast, critics say many of the projects are not needed and are simply a way for developers and utilities to reap profits on the backs of ratepayers. The Marcellus shale—which lies beneath much of […]

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Letter to the Editor: ‘Just Transition’

From the Baltimore Sun: Simple fairness demands that the nation address the economic plight of coal country with a focus on mining families. Miners risk their lives and health every time they go underground. The product of their work has powered our nation for generations. As we transition away from coal as a power source, […]

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IEEFA Update: Many Hurdles Facing U.S. Coal-Fired Power Fleet

IEEFA Update: Many Hurdles Facing U.S. Coal-Fired Power Fleet

Old Age, the Rise of Renewables, Competition From Natural Gas, Advances in Technology

Why has U.S. coal production declined so enormously in recent years? Because the coal-fired power industry is producing less of the country’s electricity than ever. As recently as 10 years ago, coal-fired power plants provided half of U.S. power needs. Today that number is closer to 30 percent—and falling. Coal is not likely to fade […]

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IEEFA Update (Corrected): Wind in the Wires, and More on the Way

IEEFA Update (Corrected): Wind in the Wires, and More on the Way

30 States Have Projects Under Construction or in Advanced Development

Wind power is a rapidly growing source of electricity in the U.S., doubling its share of generation in just five years, to 4.9 percent in 2015. The declining cost of wind power, along with cheap natural gas, has put tremendous financial pressure on both coal-fired and nuclear power plants, and is changing the mix of fuels […]

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Pennsylvania City Is Offered $230-$535 million for Aging Coal Plant It Owes $606 Million On

Darren Sweeney for SNL: GE Capital US Holdings Inc.’s Homer City Generation LP has received “multiple bids” for its market-challenged coal plant. Homer City Generation operates the three-unit, 1,907-MW coal plant in Indiana County, Pa. GE Capital US Holdings owns a 95% common equity interest in the plant, and MetLife Inc. holds a minority stake. […]

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In Federal Development Initiative, Bipartisan Acknowledgment of a Changing Economy in Coal Country

Andrew Brown for the Charleston (W.V.) Gazette-Mail: Millions of dollars are being disbursed to groups in West Virginia and other coalfield communities throughout the country as part of President Barack Obama’s POWER initiative. State and federal officials gathered in Huntington Wednesday to announce more than $38.8 million in funding for groups in West Virginia, Kentucky, […]

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Op-Ed: West Virginia’s People Are Shouldering Coal Industry’s High Costs

Howard Swint from the Charleston (W.V.) Gazette: Nowhere in the United States is the “paradox of plenty” more evident than in Southern West Virginia, where the economic development of the southwest coalfields stands in stark contrast to that of the New and Greenbrier River valleys. With the same legal framework of state government as the […]

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At Pennsylvania Pilot Project, U.S. Interior Secretary Promises More Investment in Hard-Hit Mining Communities

Don Hopey for the Pittsburgh Post-Gazette: Mayor Ray Plummer was all smiles Thursday morning as bulldozers, front-loaders and massive trucks dug into the mountain of coal waste that towers over his home and this tiny Cambria County town of 200 along the stone-cold-dead Little Conemaugh River. “It’s a good day for our residents,” he said, […]

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