ICYMI: Outlook 2020 shows trouble ahead for coal sector

May 01, 2020

May 1, 2020 (IEEFA U.S.) – The U.S. coal industry continues to face strong headwinds including shrinking energy demand as a result of a contracting global economy slowed by the coronavirus pandemic, according to IEEFA experts.

The outlook for 2020 remains bleak as increasing plant closures and bankruptcies rock the coal sector.

IEEFA analyst/editor Dennis Wamsted and data analyst Seth Feaster presented their latest findings during a webinar held on Tuesday, April 28.

In case you missed it, here are links to the recording and 2020 report:

Link to Coal Outlook 2020 Webinar on YouTube: https://youtu.be/PmM0KqzwfUM

Link to the PowerPoint:

https://ieefa.org/wp-content/uploads/2020/04/2020-04-27-CoalOutlookWebinarSlides-final.pptx

IEEFA Coal Outlook 2020 report:

https://ieefa.org/wp-content/uploads/2020/03/US-Coal-Outlook-2020_March-2020.pdf

IEEFA’s coal divestment directory: 100 and Counting major financial institutions

https://ieefa.org/finance-exiting-coal/

Author contacts

Dennis Wamsted / [email protected] / (703) 862-9324
Seth Feaster / [email protected] / (917) 670-4025

Media contact

Vivienne Heston ([email protected]) +1 (914) 439-8921

About IEEFA

The Institute for Energy Economics and Financial Analysis (IEEFA) examines issues related to energy markets, trends and policies. The Institute’s mission is to accelerate the transition to a diverse, sustainable and profitable energy economy.

Dennis Wamsted

Dennis Wamsted focuses on the ongoing transition away from fossil fuels to green generation resources, focusing particularly on the electric power sector. He has 30 years of experience tracking utility transitions and technology developments.

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