Cloud Peak Energy

IEEFA Research

IEEFA report: Navajo company’s foray into Powder River Basin coal is off to a troubled start

IEEFA report: Navajo company’s foray into Powder River Basin coal is off to a troubled start

Regulatory roadblock in Montana - business case for NTEC acquisition of Cloud Peak mines continues to unravel

Oct. 25, 2019 (IEEFA U.S.) — Regulatory opposition to the acquisition this week by Navajo Transitional Energy Company (NTEC) of three coal mines in the Powder River Basin deals the small company’s expansion strategy an immediate setback, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). Just as NTEC […]

IEEFA U.S.: 13 questions on Navajo Transitional Energy Company’s proposed acquisition of bankrupt Cloud Peak’s Montana and Wyoming mines

IEEFA U.S.: 13 questions on Navajo Transitional Energy Company’s proposed acquisition of bankrupt Cloud Peak’s Montana and Wyoming mines

Little transparency and no tribal-government participation

Aug. 30, 2019 (IEEFA) — A research brief published today by the Institute for Energy Economics and Financial Analysis raises questions about whether a Navajo Transitional Energy Co. (NTEC) bid to buy a bankrupt coal company’s assets is prudent, whether it was put together properly and if it is in line with NTEC’s responsibilities to […]

IEEFA: Proposed Navajo acquisition of bankrupt U.S. coal company is an ill-timed gamble

IEEFA: Proposed Navajo acquisition of bankrupt U.S. coal company is an ill-timed gamble

Plan to buy Cloud Peak’s mines in Montana and Wyoming comes as Powder River Basin producers face more hard times - NTEC could modernize with leadership change

Aug. 22, 2019 (IEEFA) — A plan by the Navajo Transitional Energy Company (NTEC) to acquire Cloud Peak Energy’s coal mines in Montana and Wyoming is a high-risk gamble and poorly timed, concludes a report published today by the Institute for Energy Economics and Financial Analysis. The report, Proposed Navajo Acquisition of Bankrupt U.S. Coal Company […]

IEEFA report: BlackRock’s fossil fuel investments wipe US$90 billion in massive investor value destruction

IEEFA report: BlackRock’s fossil fuel investments wipe US$90 billion in massive investor value destruction

Investors need to ask why

August 1, 2019 (IEEFA Asia Pacific)  ̶  BlackRock, the world’s largest fund manager with US$6.5 trillion of assets under management – bigger in value than the third largest economy in the world – continues to ignore the serious financial risks of putting money into fossil fuel-dependent companies, a new report has found. Produced by the […]

IEEFA report: Powder River Basin coal industry  is in long-term decline

IEEFA report: Powder River Basin coal industry is in long-term decline

Fast-changing markets indicate deeper downturns to come in Montana and Wyoming

March 18, 2019 (IEEFA U.S.) — Coal producers in the Powder River Basin continue to lose customers as utilities across the U.S. embrace a shift toward cleaner and cheaper forms of power generation, according to a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report — Powder River Basin Coal […]

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 →

As Texas Coal-Fired Power Plants Close, Powder River Basin Mines Are Losing Their Largest Customers

Trends Will Force Closures and Complicate Efforts by Alpha Natural Resources, Arch Coal and Peabody Energy to Work Their Way Out of Bankruptcy

CLEVELAND, Aug. 3, 2016 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis today published a report detailing how Powder River Basin coal producers are losing their largest customers as Texas power producers turn increasingly to other sources of energy. The report, “Texas’ Outsize Role in the Decline of the Powder River Basin Coal […]

and August 2, 2016 Read More →
Report – No Need for New U.S. Coal Ports: Data Shows Oversupply in Capacity

Report – No Need for New U.S. Coal Ports: Data Shows Oversupply in Capacity

No Need for New U.S. Coal Ports: Data Shows Oversupply in Capacity (pdf) By Tom Sanzillo, Director of Finance, IEEFA  

November 19, 2014 Read More →
Report: 20 Fourth-Quarter Questions for Powder River Basin Coal Producers

Report: 20 Fourth-Quarter Questions for Powder River Basin Coal Producers

20 Fourth-Quarter Questions for Powder River Basin Coal Producers (pdf) By Tom Sanzillo, Director of Finance, Institute for Energy Economics and Financial Analysis

November 11, 2014 Read More →
Briefing note: Thermal coal outlook

Briefing note: Thermal coal outlook

Briefing note: Thermal coal outlook (pdf) By Tim Buckley,  Director of Energy Resource Studies, Australasia, IEEFA  

May 15, 2014 Read More →

More News and Commentary

IEEFA U.S.: 13 questions on Navajo Transitional Energy Company’s proposed acquisition of bankrupt Cloud Peak’s Montana and Wyoming mines
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IEEFA U.S.: 13 questions on Navajo Transitional Energy Company’s proposed acquisition of bankrupt Cloud Peak’s Montana and Wyoming mines

Little transparency and no tribal-government participation

Aug. 30, 2019 (IEEFA) — A research brief published today by the Institute for Energy Economics and Financial Analysis raises questions about whether a Navajo Transitional Energy Co. (NTEC) bid to buy a bankrupt coal company’s assets is prudent, whether it was put together properly and if it is in line with NTEC’s responsibilities to […]

IEEFA op-ed: Navajo Nation bid to buy bankrupt coal company makes no economic sense

NTEC plan to acquire Cloud Peak Energy recalls failed Kayenta Mine proposal

August 27, 2019 (The Hill) ‒ A push by a Navajo Nation-owned company to purchase the Montana and Wyoming assets of bankrupt Cloud Peak Energy comes at the worst possible time to buy into the U.S. coal industry — a sector that is sinking fast. Several holes in logic within the proposal by the Navajo […]

August 28, 2019 Read More →
IEEFA: Proposed Navajo acquisition of bankrupt U.S. coal company is an ill-timed gamble
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IEEFA: Proposed Navajo acquisition of bankrupt U.S. coal company is an ill-timed gamble

Plan to buy Cloud Peak’s mines in Montana and Wyoming comes as Powder River Basin producers face more hard times - NTEC could modernize with leadership change

Aug. 22, 2019 (IEEFA) — A plan by the Navajo Transitional Energy Company (NTEC) to acquire Cloud Peak Energy’s coal mines in Montana and Wyoming is a high-risk gamble and poorly timed, concludes a report published today by the Institute for Energy Economics and Financial Analysis. The report, Proposed Navajo Acquisition of Bankrupt U.S. Coal Company […]

Vistra begins process of closing 2,000MW of coal capacity in Illinois

S&P Global Market Intelligence ($): Vistra Energy Corp. on Aug. 21 identified four coal-fired power plants in Illinois with a combined capacity of 2,000 MW that it will close by the end of this year to meet recently approved amendments to the state’s Multi-Pollutant Standard, or MPS, rule. The Illinois Pollution Control Board in June […]

August 22, 2019 Read More →

Navajo company to buy bankrupt Cloud Peak coal mines in Wyoming

Gillette News Record: Cloud Peak Energy Corp., one of the Powder River Basin’s largest coal mine operators, has accepted a bid from Navajo Transitional Energy Co. to buy “substantially all of Cloud Peak Energy’s assets.” Cloud Peak announced the sale Friday, which will be considered for approval by the U.S. Bankruptcy Court on Monday. Navajo […]

August 19, 2019 Read More →
IEEFA U.S.: Powder River Basin mines may reopen, but the bad news is far from over

IEEFA U.S.: Powder River Basin mines may reopen, but the bad news is far from over

Downturn will likely continue as electricity generation transitions; state officials should accelerate preparedness

The immediate future of two large coal mines in the Powder River Basin (PRB) may have become clearer last week, with a winning bid from Contura Energy in the bankruptcy auction of Blackjewel. The company has said it intends to reopen the mines, but if and when Contura will actually be able to achieve that […]

August 12, 2019 Read More →
IEEFA U.S.: Peabody abandons longtime Native American workforce before reclamation of Kayenta coal complex in Arizona
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IEEFA U.S.: Peabody abandons longtime Native American workforce before reclamation of Kayenta coal complex in Arizona

Hundreds laid off with plans to replace employees with lower-paid contractors

Aug. 5, 2019 (IEEFA U.S.) — As Peabody Energy ceases production this month at the Kayenta Mine complex in northern Arizona, the company plans to abandon its long-time workforce even as it faces a vast amount of reclamation responsibility in the area. The company is abruptly discarding some 300 mine-complex employees this month, according to a […]

S&P: Announced U.S. coal-fired plant retirements to cut annual demand by more than 65 million tons

S&P Global Market Intelligence ($): U.S. coal producers delivered 65.5 million tons of coal, about 8.7% of the coal mined in 2018, to power plants set to retire between 2019 and 2032, according to an analysis by S&P Global Market Intelligence. The analysis excluded plants that retired before July 4 in 2019. Meanwhile, only one […]

August 5, 2019 Read More →

IEEFA update: BlackRock – On climate, the world waits for a financial leader

BlackRock could be it

In the financial markets, there is without doubt a first among equals. At US$6.5 trillion assets under management (AUM), BlackRock’s Larry Fink could be the leader the world so clearly needs. In the mining world, BHP’s Andrew Mackenzie has stepped up as a leader, voicing what is clearly needed for sustainable economic growth. In the […]

August 2, 2019 Read More →
IEEFA report: BlackRock’s fossil fuel investments wipe US$90 billion in massive investor value destruction
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IEEFA report: BlackRock’s fossil fuel investments wipe US$90 billion in massive investor value destruction

Investors need to ask why

August 1, 2019 (IEEFA Asia Pacific)  ̶  BlackRock, the world’s largest fund manager with US$6.5 trillion of assets under management – bigger in value than the third largest economy in the world – continues to ignore the serious financial risks of putting money into fossil fuel-dependent companies, a new report has found. Produced by the […]