American power producers over the past two years have accumulated massive amounts of coal that are now sitting idle at their facilities — creating financial and storage headaches for utilities and coal miners alike, a new analysis has found.



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The Hill

Washington

District of Columbia

United States

Mountains of unused coal causing financial headaches for US power sector: Report

American power producers over the past two years have accumulated massive amounts of coal that are now sitting idle at their facilities — creating financial and storage headaches for utilities and coal miners alike, a new analysis has found. The coal stockpile has reached about 138 million tons, or about the equivalent of the quantity…

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Global demand for the most polluting fossil fuel continued to increase in 2024, but more slowly than in previous years, and is expected to stagnate within three years.

La demande mondiale pour le combustible fossile le plus polluant a continué à augmenter en 2024, mais plus lentement que les années précédentes, et devrait stagner d’ici trois ans.

Rapport de l’AIE : le charbon bientôt sur un plateau ?

Liberation

Altice

Paris

Île-de-France

France

IEA report: coal soon on a plateau?

Massive coal reserves are sitting unused at U.S. power plants, creating financial challenges amid lower demand for coal-fired energy.Sharon Udasin reports for The Hill.In short:Power plants have amassed 138 million tons of coal, valued at $6.5 billion, due to declining coal consumption.Competition f...

Coal stockpiles strain US power sector as demand wanes

The NewsCoal reserves are piling up to record levels at US power plants, an indication of the financial and environmental consequences of the country’s energy transition. Meanwhile, demand for the fossil fuel outside of the US and Europe has soared.About 138 million tons of coal are sitting unburned at US power plants, according to federal data. At the current average burn rate — falling every year as coal is replaced by cleaner renewables and c…

Semafor

Justin B. Smith, Ben Smith

New York

Unburned US coal piles up as global demand soars

A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) says U.S. coal-fired power plants have as much as $6.5 billion of unused coal inventory, based on […] The post Report Says $6.5 Billion in Unburned Coal Sitting at U.S. Power Plants appeared first on POWER Magazine.

POWER Magazine

Report Says $6.5 Billion in Unburned Coal Sitting at U.S. Power Plants

U.S. power producers have accumulated a 138 million-ton stockpile of unused coal.

Mountains of unused coal causing financial headaches for US power sector: Report

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