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S&P downgrades 2 PJM coal-fired power producers on likely default

S&P downgrades 2 PJM coal-fired power producers on likely default Ratings lowered on Longview Power, Chief Power Coal-fired plants include Longview, Keystone, Conemaugh New York — S&P Global Ratings on February 14 lowered the senior secured ratings of Longview Power LLC and Chief Power Finance LLC as the rating agency believes that the merchant power … Continue reading S&P downgrades 2 PJM coal-fired power producers on likely default →

Coal plants are closing across the West. Here are the companies sticking with coal

Coal plants are closing across the West. Here are the companies sticking with coal For nearly half a century, the deserts and plains of the American West have been punctuated by coal-burning furnaces and towering smokestacks — hulking power stations that have sustained small-town economies and fueled the growth of the region’s major cities, from … Continue reading Coal plants are closing across the West. Here are the companies sticking with coal →

Retaining outmoded monopolies and coal plants keeps #Indiana in the Dark Ages

Retaining outmoded monopolies and coal plants keeps Indiana in the Dark Ages The Indiana statehouse is abuzz as state utilities plan to shutter thousands of megawatts of coal-fired power plants in the coming years. Unfortunately, a false panic about electricity reliability may translate into an unnecessary expansion of bureaucratic review of retiring coal plants via … Continue reading Retaining outmoded monopolies and coal plants keeps #Indiana in the Dark Ages →

Reduced coal generation drove power sector greenhouse emissions down 10% in 2019, report says

Reduced coal generation drove power sector greenhouse emissions down 10% in 2019, report says Though carbon emissions from the power sector rose slightly in 2018, a continued trend of declining coal power led to improved results in 2019. Natural gas replaced the majority of the lost generating capacity from coal, adding around 40 million metric … Continue reading Reduced coal generation drove power sector greenhouse emissions down 10% in 2019, report says →

Team Trump‘s plan to save coal and nuclear plants is likely to fall short

Team Trump‘s plan to save coal and nuclear plants is likely to fall short The Trump administration has a plan to keep coal and nuclear power plants running, but analysts are skeptical it will do enough to prevent more of the facilities from closing down. Energy Secretary has coal-fired plants and nuclear power stations to … Continue reading Team Trump‘s plan to save coal and nuclear plants is likely to fall short →

America’s renewable energy capacity is now greater than coal

America’s renewable energy capacity is now greater than coal New York (CNN Business)America’s coal industry has already been left in the dust by natural gas. Now it’s under immense pressure from the renewable energy boom. The renewable energy sector had slightly more installed capacity than coal in April, according to a Federal Energy Regulatory Commission … Continue reading America’s renewable energy capacity is now greater than coal →

Are old Midwest coal plants pushing renewables offline?

Are old Midwest coal plants pushing renewables offline? Midwest regulators are probing whether a little-known practice is slowing the region’s accelerating pivot away from coal toward renewables and gas. Utility commissions in Minnesota and Missouri are looking at the way companies run older coal plants, even when those units aren’t the cheapest option — and … Continue reading Are old Midwest coal plants pushing renewables offline? →