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Trump, Utilities Disagree Over the Future of Coal-Fired Generation


Industry Segment: Power | Word Count: 1239 Words
Attachment: Coal-Fired Generation

SUGAR LAND--April 20, 2017--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--President Donald Trump and the head of the Environmental Protection Agency (EPA) (Washington, D.C.) have proclaimed the "war on coal" is over, but their recent moves to roll back environmental regulations are unlikely to meaningfully increase coal use by power companies, say coal-burning utilities and bond-rating firm Moody's Investors Service (New York, New York), a unit of Moody's Corporation (NYSE:MCO) (New York, New York).

Within this article: Details on why a significant turnaround in coal-fired power generation is unlikely, according to officials from leading companies such as Xcel Energy Incorporated (NYSE:XEL), Southern Company (NYSE:SO), American Electric Power Company (NYSE:AEP), AES Corporation (NYSE:AES) and NextEra Energy Incorporated (NYSE:NEE)

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