Items Tagged with 'coal'

ARTICLES

Arizona Navajo Coal-Fired Plant Loses Potential Buyers

The impending closure the end of next year of one of the nation's largest coal-fired electric generation plants on the Navajo Nation Reservation in Arizona, a victim of cheaper natural gas and renewables, appeared to be the tribe's only option once again Friday after two private equity investment firms announced they were dropping plans to purchase the 2,250 MW power plant. Read More

Interim EPA Chief Wheeler Unlikely to Upset Trump’s Goals to Reduce Regulations

Lawmakers from both sides of the aisle appeared to breathe a collective sigh of relief following Scott Pruitt's resignation as administrator of the Environmental Protection Agency, but new battle lines were beginning to form around Andrew Wheeler, a former coal industry lobbyist who is taking the reins on an interim basis beginning Monday. Read More

Little Need for Trump's Coal, Nuclear Bailout, FERC Tells Senate

None of the five commissioners appointed to FERC believe the kind of emergency exists that would warrant a federal directive typically reserved for wartime and severe grid impairments to bail out faltering coal and nuclear plants. The commissioners’ views emerged during an oversight hearing Tuesday before the Senate Committee on Energy and Natural Resources. Read More

Moody's Says Coal Producers Likely to Benefit from Potential Bailout, But Markets Could Suffer

Moody's Investors Service said owners of coal-fired power plants, as well as domestic coal producers, would likely benefit from a Trump administration proposal to subsidize struggling coal and nuclear power plants, but retail customers could see higher electric bills and wholesale power markets could also be placed at risk. Read More