Kayenta Mine

IEEFA Research

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

On the Blogs: Proposed Bailout of U.S. Coal Industry Puts a Spotlight on Failing Arizona Plant

Triple Pundit: What a mess Energy Secretary Rick Perry dumped into the lap of FERC, the Federal Energy Regulatory Commission. Perry has taken a lot of heat for proposing new protections for coal and nuclear power plants, but go-ahead has to come from FERC. The decision is not expected until December 11, and meanwhile the […]

November 13, 2017 Read More →

On the Blogs: ‘I Have No Idea Who Would Put Their Money Here’

Think Progress: The Navajo Generating Station is facing a future familiar to many coal-fired power plants, struggling to compete with smaller, more nimble natural gas-fired generators, wind farms, and solar arrays. “You know the old saying, ‘You make money if you buy low and sell high’? They’re buying high and selling lower,” said David Schlissel, […]

November 7, 2017 Read More →

White House ‘Throws Weight’ Behind Failing Arizona Coal Plant

ThinkProgress.org: Even while experts conclude the Navajo Generating Station, a 43-year-old coal plant in northern Arizona, is an economic albatross, the Trump administration is pushing to keep it running. Tired of losing money on the facility, the plant’s owners voted in February to close the Navajo Generating Station when their 50-year lease with the Navajo […]

October 26, 2017 Read More →

Skepticism Persists Over Claims by Owners That They Have Buyers Lined Up for Failing Coal Plant in Arizona

Bloomberg News: The biggest coal-fired power plant west of the Mississippi is up for sale, but market watchers say they’re not convinced anyone is serious about buying it. That skepticism comes despite statements from the Salt River Project, which co-owns the Navajo Generating Station in Page, Ariz., that they’ve signed 14 non-disclosure agreements with potential […]

October 25, 2017 Read More →

No Progress in Negotiations to Save Arizona Coal Plant

Washington Examiner: The Trump administration has until December to save the largest coal-fired power plant in the West, but the prospects for the plant burning coal after 2019 are questionable. The deliberations over the Navajo Generating Station in Arizona are beginning to heat up after months of confidential, behind-the-scenes negotiations to secure new owners. The […]

October 23, 2017 Read More →

Imminent Closure of Arizona Plant Portends an ‘Existential’ Moment for Navajo

Bloomberg News: In February, NGS’s controlling shareholder, a public utility called Salt River Project, announced that it would shut down the power plant beginning at the end of this year, another casualty of the surge in cheap natural gas. Without the power plant to buy its coal, the mine will be forced to shut down, […]

October 13, 2017 Read More →
IEEFA Update: In Campaign to Prop Up Navajo Generating Station, Peabody Energy Seeks a Victory Again at Somebody Else’s Expense
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IEEFA Update: In Campaign to Prop Up Navajo Generating Station, Peabody Energy Seeks a Victory Again at Somebody Else’s Expense

Calculated Misinformation by a Coal Company Chasing Fading Profits

The last time Peabody Energy got involved with developing a new power plant it ended in financial chaos for 200 Midwest communities that had been talked into taking part. Peabody was the lead proponent of the Prairie State Generating Center in Marisa, Illinois, which opened in 2012 promising cheap electricity for the towns and cities […]

Peabody’s Search for Buyer for Navajo Coal Plant Stalls

Associated Press: A coal mining company looking to save the Arizona power plant it feeds from closure says it’s making progress in the search for new owners. But few details came with a deadline Sunday to identify potential buyers for the Navajo Generating Station near Page. Peabody Energy spokeswoman Beth Sutton said Monday that private […]

October 3, 2017 Read More →

Still Seeking Buyer for Failing Arizona Coal Plant, Owners Are Running Out of Time

Associated Press: A coal-fired power plant in far northern Arizona is set to shut down in 2019 unless a new owner can be found. The deadline for interested buyers is Sunday. The operator of the 2,250-megawatt Navajo Generating Station, the Salt River Project, says the deadline will determine whether to maintain the plant for long-term […]

September 29, 2017 Read More →

Better Ways to Spend $100 Million in Taxpayer Dollars Than on Another ‘Clean Coal’ Experiment

The Hill: The Department of Energy has a new request for proposals (RFP) out for ideas on how to spend $100 million in federal money on “transformational coal technologies.” There’s a hurry-up-and-apply quality to the RFP, which has a deadline of Oct. 19. We think it is a transparent effort by Peabody Energy to get […]

September 15, 2017 Read More →