Kayenta Mine

IEEFA Research

IEEFA Update: Push to Keep Navajo Generating Station Alive in Deal With Arizona Water Distributor Is Fraught With Risk

IEEFA Update: Push to Keep Navajo Generating Station Alive in Deal With Arizona Water Distributor Is Fraught With Risk

Research Brief: Regardless of Ownership, Outlook for Southwest U.S. Coal-Fired Electricity Plant Is Bleaker Than Ever

April 11, 2018 (IEEFA) — The Institute for Energy Economics and Financial Analysis published a research brief today that finds the financial outlook for coal-fired Navajo Generating Station is bleaker than it was when the plant’s utility owners announced last year it would be retired in 2019. The plant’s owners—Arizona Public Service Company, the Salt River Project, […]

April 11, 2018 Read More →
IEEFA Arizona: Fast-Track Opportunities Now in Navajo Community-Driven Solar Electricity Generation

IEEFA Arizona: Fast-Track Opportunities Now in Navajo Community-Driven Solar Electricity Generation

Strategically Situated Tribal Lands at the Heart of the American Sunbelt Hold Crucial Market Advantages; Prudent Development Strategies Will Benefit, Protect, and Profit Local People

Jan. 3, 2017 — Locally owned utility-scale solar electricity generation offers Navajo communities an immediate generational economic-development opportunity, concludes a research brief published by the Institute for Energy Economics and Financial Analysis (IEEFA) and DinéHózhó. The report— “Window of Opportunity: Navajo Solar—A Fast-Track Community-Driven Development Approach” — details how transformative changes in the U.S. electric utility […]

December 22, 2017 Read More →
Why Navajo Generating Station Is No Longer Commercially Viable

Why Navajo Generating Station Is No Longer Commercially Viable

The Institute for Energy Economics and Financial Analysis (IEEFA) has done extensive research into the difficult circumstances facing Navajo Generation Station. Key findings: Declining energy market prices and rising production costs have made power produced by the plant more expensive than competing sources. Market trends are not likely to change, leaving the plant’s financial viability […]

August 16, 2017 Read More →
IEEFA Report: Kayenta Mine Is Unlikely to Find  New Customers Once Navajo Generating Station Closes

IEEFA Report: Kayenta Mine Is Unlikely to Find New Customers Once Navajo Generating Station Closes

A ‘Buyer Beware’ on Peabody Energy Property; Regional Demand for Coal Is in Decline; Export-Market Possibilities Are Bleak; Previous Recent Mine Deals Have Failed

June 29, 2017 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis (IEEFA) published a report today concluding that Peabody Energy’s Kayenta mine in northeast Arizona is not likely to find new customers or markets once its sole customer, Navajo Generating Station, closes. The Navajo Nation Council voted this week to approve a deal with […]

IEEFA Report: ‘Payment for a Job Well Done,’ a Transition Plan in Anticipation of Shutdowns of Navajo Generating Station and Kayenta Mine

IEEFA Report: ‘Payment for a Job Well Done,’ a Transition Plan in Anticipation of Shutdowns of Navajo Generating Station and Kayenta Mine

Initiative to Limit Job Losses and Community Disruption; Investing in Economic Growth Rather Than Subsidizing Northern Arizona's Failing Coal Industry

June 6, 2017 (IEEFA.org) – The Institute for Energy Economics and Financial Analysis (IEEFA) today published a report outlining an economic- growth strategy for a region that stands to be set back severely by the closure of the Navajo Generating Station and the Kayenta coal mine. The proposal—“A Transition Plan for Communities Affected by the […]

More News and Commentary

IEEFA Arizona: ‘Post-coal reclamation economy’ seen after closure of Navajo Generating Station and Kayenta Mine

IEEFA Arizona: ‘Post-coal reclamation economy’ seen after closure of Navajo Generating Station and Kayenta Mine

Site remediation will involve thousands of acres and require hundreds of skilled workers; public pressure on Peabody may be required for ‘proper cleanup’; responsible repurposing of NGS infrastructure will include development of utility-scale solar and emerging electricity-storage technology

Dec. 7, 2018 (IEEFA) — Land reclamation and site remediation around the coal-fired Navajo Generation Station and its companion Kayenta Mine in northeastern Arizona will require years to complete and likely employ hundreds of  former plant and mine workers, concludes a  research brief published today by the Institute for Energy Economics and Financial Analysis. The report—“Long-Term […]

December 6, 2018 Read More →

IEEFA Update: Why Investors Are Watching the Navajo Generating Station Story So Closely

Will Economics or Politics Prevail?

Word last week that two potential buyers are interested in the failing Navajo Generating Station (NGS) in Arizona turned heads regionally and nationally — perhaps even globally. The fate of NGS, as the power plant is known for short is a major story in the state. NGS is in remote far-northern Arizona, almost 300 miles […]

Economics of Navajo Plant Undercut by Steady, Low Natural Gas Prices

The Republic: Two investment firms are considering a joint purchase of the Navajo Generating Station coal-fired power plant near Page, but time is running out to strike a deal. The power plant is scheduled to close in December 2019, which also will prompt the closure of the Kayenta Mine about 80 miles away. Peabody Energy […]

April 30, 2018 Read More →

IEEFA Update: Navajo Generating Station in Arizona, Next Big Hit to Peabody’s Portfolio

If Keeping a Failing Power Plant Alive Was Such a Good Idea, the Company Would Be Putting Up Some of Its Own Cash

To its credit, Peabody Energy produced more coal in the first quarter of 2018 than it did in 2017, at a time when production for the rest of the United States coal industry was down 6%.  However, despite the production increase, Peabody’s profits from U.S. production were 28% less in the first quarter of 2018 […]

April 27, 2018 Read More →

Peabody Consultant Says Navajo Plant May Have A Buyer

S&P Global Market Intelligence ($): A consultant retained by Peabody Energy Corp. told a U.S. congressional committee that the Navajo Generating Station has the potential to continue to supply power at competitive prices well into the future and a potential buyer is interested. An unnamed investor and operating company have been identified that could keep the plant open, said […]

April 13, 2018 Read More →
IEEFA Update: Push to Keep Navajo Generating Station Alive in Deal With Arizona Water Distributor Is Fraught With Risk

IEEFA Update: Push to Keep Navajo Generating Station Alive in Deal With Arizona Water Distributor Is Fraught With Risk

Research Brief: Regardless of Ownership, Outlook for Southwest U.S. Coal-Fired Electricity Plant Is Bleaker Than Ever

April 11, 2018 (IEEFA) — The Institute for Energy Economics and Financial Analysis published a research brief today that finds the financial outlook for coal-fired Navajo Generating Station is bleaker than it was when the plant’s utility owners announced last year it would be retired in 2019. The plant’s owners—Arizona Public Service Company, the Salt River Project, […]

April 11, 2018 Read More →

Op-Ed: With Power Plant Closure, Navajo Nation Must Seek a Better Future

Arizona Capital Times: I keep expecting to see leadership actively involving communities that have been impacted by the coal mining and the Navajo Generating Station (NGS) power plant. But there is a disturbing silence from Navajo leadership. As a coal company, Peabody won’t face facts that the market for its product is ending. Wealthy executives […]

February 23, 2018 Read More →

Peabody Lobbies for Tax Break to Help Attract a Buyer for Failing Navajo Generating Station

Associated Press: The Arizona Legislature is being asked to exempt coal used in a power plant on the Navajo Nation from the state’s sales tax as a way to help make the plant more attractive for potential buyers. The Navajo Generating Station in Page near the state line with Utah is set to close at […]

February 15, 2018 Read More →
IEEFA Update: The Saudi Arabia of Solar? American Indian Country

IEEFA Update: The Saudi Arabia of Solar? American Indian Country

Energy Transition Openings Now in the Four-Corners Region of Arizona, Colorado, New Mexico, and Utah

The great swath of high plains that run from Texas to the Canadian border has been rightly nicknamed in recent years the Saudi Arabia of Wind. A drive through the region on any major interstate yields daytime vistas dappled with giant wind farms that stretch so far into the distance that they look like CGI […]

January 5, 2018 Read More →
IEEFA Arizona: Fast-Track Opportunities Now in Navajo Community-Driven Solar Electricity Generation

IEEFA Arizona: Fast-Track Opportunities Now in Navajo Community-Driven Solar Electricity Generation

Strategically Situated Tribal Lands at the Heart of the American Sunbelt Hold Crucial Market Advantages; Prudent Development Strategies Will Benefit, Protect, and Profit Local People

Jan. 3, 2017 — Locally owned utility-scale solar electricity generation offers Navajo communities an immediate generational economic-development opportunity, concludes a research brief published by the Institute for Energy Economics and Financial Analysis (IEEFA) and DinéHózhó. The report— “Window of Opportunity: Navajo Solar—A Fast-Track Community-Driven Development Approach” — details how transformative changes in the U.S. electric utility […]

December 22, 2017 Read More →