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Coal and Coal-Fired Generation: From Bad to Worse
Industry Segment: Power | Word Count: 1200 Words
Attachment: U.S. Coal Employment, U.S. Coal Consumption
SUGAR LAND--September 9, 2019--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Power emergencies last week in Texas, and a summer of closure announcements for coal mines and coal-fired power plants, have some wondering if the Power Industry's abandonment of coal may have gone too far too fast. Industrial Info's Britt Burt said, "We tracked the closure of about 17,000 MW of coal-fired power plants in 2018, significantly more than in any single year since 2013. We expect that number to fall to about 9,000 MW in 2019, then rise to about 13,000 MW in 2020."
Within this article: Details of the state of the U.S. coal sector
Companies featured: Vistra Energy Corporation (NYSE:VST), WEC Energy Group Incorporated (NYSE:WEC)
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