Coal Power and Coal Mining Trapped in Vicious Cycle

SUGAR LAND, TEXAS--October 30, 2019--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--U.S. coal-fired power plants and coal mines are trapped in a vicious cycle driven mainly by low natural gas prices and plentiful gas reserves. As gas continues to win the competition against coal for the power market, more coal-fired generators are closing, triggering a declining demand for coal and closure of more coal mines.

Within this article: October Short-Term Energy Outlook