Peabody Energy
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CoalLeading U.S. Coal Producer Developing Solar, Energy Storage at Former Mines
A leading U.S. coal producer is partnering with a major developer of renewable energy projects to put solar energy and battery storage installations on reclaimed mine lands in Illinois and Indiana. Peabody Energy, headquartered in St. Louis, Missouri, and RWE on Nov. 21 announced a collaboration that will “invest in the rural parts of the […]
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CoalContinued Toll on Coal; More Companies File Bankruptcy
The struggling U.S. coal industry, decimated by falling demand for the fuel from the power generation sector, and hit hard by low prices during the coronavirus pandemic, saw two more mining companies declare bankruptcy this week. White Stallion Energy, which operates in Indiana and Illinois, and Lighthouse Resources, a coal company with mines in Wyoming […]
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CoalReport: 10% of U.S. Coal Mined in 1H2018 Went to Plants Scheduled to Retire
More than 10% of the coal mined from eight U.S. regions in the first half of 2018 was sent to coal plants scheduled for retirement between this year and 2032, according to a report from S&P Global Market Intelligence. The trend is another troubling sign for the struggling coal industry. The analysis released September 7 […]
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CoalPotential Navajo Station Operator—Less Capacity Equals More Profit
The possible new operator of the largest coal-fired power plant in the western U.S. told Arizona regulators this week the company would run the Navajo Generating Station (NGS) at less than half its installed generation capacity in order to maintain profitability. An official for Illinois-based Middle River Power (MRP) also said the plant would operate […]