Illinois Basin Coal

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 […]

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus (pdf) By David Schlissel, Director of Resource Planning Analysis, Institute for Energy Economics and Financial Analysis

February 24, 2015 Read More →

More News and Commentary

U.S. coal companies White Stallion and Lighthouse Resources file for bankruptcy

S&P Global Market Intelligence ($): Two more U.S. coal mining companies have filed for bankruptcy as producers across the country struggle to sell coal into the troubled thermal coal market. White Stallion Energy LLC and Lighthouse Resources Inc. filed voluntary petitions for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware […]

December 4, 2020 Read More →

S&P analysis shows planned power plant retirements threaten 25% of current U.S. coal production

S&P ($): Despite drastic cuts in production, U.S. domestic thermal coal markets could continue to face oversupply for the foreseeable future as about a quarter of U.S. coal production is bound for power plants where customers have already set a future retirement date. An S&P Global Market Intelligence analysis showed that nine coal basins across […]

August 7, 2020 Read More →

S&P analysis sees more early retirements coming for U.S. coal-fired power plants

S&P Global Market Intelligence ($): Several power markets have reported a drop in electricity demand of 10% or more due to the stay-at-home orders of the COVID-19 pandemic and the associated economic recession. Furthermore, first quarter 2020 reports show coal usage and employment decreased significantly, and impacts are continuing into the second quarter. S&P Global […]

June 24, 2020 Read More →

EIA: 2020 U.S. coal production to total 530 million tons, down 25% from prior year

S&P Global Market Intelligence ($): The U.S. Energy Information Administration further lowered its coal production forecasts for 2020, predicting a 25% drop in domestic coal production from 2019 levels in its most recent “Short-Term Energy Outlook.” As the coronavirus pandemic battered electricity demand and brought construction sites and manufacturing plants around the world to a […]

June 10, 2020 Read More →

Alliance CEO Craft sees need for consolidation in U.S. coal industry

S&P Global Market Intelligence ($): The U.S. coal industry “needs” to consolidate in the face of difficult market conditions and sinking coal demand because of the coronavirus pandemic, Alliance Resource Partners LP CEO Joe Craft said on a May 8 earnings call. “Consolidation is needed in the coal space, and we’re a consolidator,” Craft said, […]

May 11, 2020 Read More →

EIA estimates U.S. coal production down almost 20% year to date compared to 2019

S&P Global Market Intelligence ($): Total U.S. coal production for the week ended April 18 decreased 41.5% year over year to 8.6 million tons from 14.7 million tons, according to data from the U.S. Energy Information Administration. For the 52 weeks ended April 18, production was 658.7 million tons, representing a year-over-year decline of 11.9%, […]

April 24, 2020 Read More →

EIA estimates year-to-date U.S. coal production is down 18.1% compared to 2019

S&P Global Market Intelligence ($): Total U.S. coal production for the week ended April 11 tightened 35.1% year over year to 9.3 million tons from 14.4 million tons, according to data from the U.S. Energy Information Administration. For the 52 weeks ended April 11, production was 664.8 million tons, representing a year-over-year decline of 11.0%, […]

April 17, 2020 Read More →

S&P: First quarter U.S. coal production at lowest level since 1981

S&P Global Market Intelligence ($): The shoulder season is typically a slow period for coal demand, but the second quarter of this year presents a triple threat of unusually high coal inventories and plunging electricity demand due to the COVID-19 recession along with low natural gas prices. Regional spot markets for natural gas also trended […]

April 7, 2020 Read More →

Bankrupt miner Murray Energy gets no bids for its coal mines

S&P Global Market Intelligence ($): Murray Energy Corp. received no qualified offers competing against an initial stalking horse [pre-auction] bid for substantially all of the company’s assets, according to a court filing. The final deadline for bids on the assets was March 16, but with no qualified bidders, the company canceled a bankruptcy auction scheduled […]

March 24, 2020 Read More →

EIA: U.S. coal exports dropped 20% in 2019, totaled 93 million tons

Mining Journal: The annual Coal Report compiled by the US Energy Information Administration has flagged a 20% drop in domestic coal exports in 2019. Steam and metallurgical coal exports fell to 93 million short tons as steam coal exports suffered under the ongoing downturn in global coal demand, dropping 30% year-on-year in 2019, while metallurgical […]

March 19, 2020 Read More →