In the news today…
- Washington Examiner reports the coal industry is pushing for the federal government to value coal as necessary through a new report which states the closure of coal plants puts the grid at risk.
- Argus reports U.S. coal exports increased for the first time in three months in January following a recovery in thermal coal shipments to Europe and Asia.
- Argus reports Illinois lawmakers are introducing legislation backed by one of the state’s largest coal generators that is meant to encourage a transition to solar energy and battery storage.
- The Minneapolis Star Tribune reports a coal investor has offered to purchase a Tennessee Valley Authority plant in Kentucky that’s slated for closure next year.
- The Intelligencer reports Gov. Jim Justice of West Virginia signed a steam coal severance tax cut into law on Wednesday.
- Associated Press reports the Montana state Senate endorsed a bill to allow NorthWestern Energy to buy an additional portion of a coal-fired power plant for $1 without the approval of state utility regulators.
- The Casper Star Tribune reports Wyoming lost 153 jobs at its coal mines last year and the state’s coal production declined by about 12.5 million tons.
- RTO insider reports gas-fired generation continues to gain market share at the expense of coal, a trend likely to accelerate according to two new reports.
- WXYZ Detroit reports DTE Energy is preparing to move up the closure of multiple coal-fired power plants in southeast Michigan.
- Axios reports data from Carnegie Mellon University show that U.S. power sector emissions ticked upward last year because overall generation rose enough to outpace declines in emissions per unit of output.
- Politico Pro reports the U.S. Chamber of Commerce joined utility trade associations and labor unions in opposing EPA’s proposal to reconsider MATS.
- InsideEPA reports the Supreme Court justices appeared unlikely to completely overturn a key precedent granting deference to EPA and other federal agencies’ interpretations of their regulations at March 27 oral argument.
- Greentech Media reports the long-term cost of supplying grid electricity from today’s lithium-ion batteries is falling faster than expected, making them an increasingly cost-competitive alternative to natural-gas- and coal-fired power plants.
- Energy News Network reports critics say Xcel Energy’s plan to buy a Minnesota natural gas plant is a bad deal for ratepayers and runs counter to the company’s clean energy goals.
- Energy News Network reports critics say Duke Energy’s long-range plan in North Carolina still contains too much coal and not enough renewables.