Post sponsored by NewzEngine.com

Source: Institute for Energy Economics and Financial Analysis

Headwinds include slowing demand, increasing bankruptcies and more affordable renewables

May 1, 2020 (IEEFA U.S.) – The U.S. coal industry continues to face strong headwinds including shrinking energy demand as a result of a contracting global economy slowed by the coronavirus pandemic, according to IEEFA experts.

The outlook for 2020 remains bleak as increasing plant closures and bankruptcies rock the coal sector.

IEEFA analyst/editor Dennis Wamsted and data analyst Seth Feaster presented their latest findings during a webinar held on Tuesday, April 28.

In case you missed it, here are links to the recording and 2020 report:

Link to Coal Outlook 2020 Webinar on YouTube: https://youtu.be/PmM0KqzwfUM

Link to the PowerPoint:

https://ieefa.org/wp-content/uploads/2020/04/2020-04-27-CoalOutlookWebinarSlides-final.pptx

IEEFA Coal Outlook 2020 report:

https://ieefa.org/wp-content/uploads/2020/03/US-Coal-Outlook-2020_March-2020.pdf

IEEFA’s coal divestment directory: 100 and Counting major financial institutions

https://ieefa.org/finance-exiting-coal/

Author contacts

Dennis Wamsted / dwamsted@ieefa.org / (703) 862-9324
Seth Feaster / swfeaster@ieefa.org / (917) 670-4025

Media contact

Vivienne Heston (vheston@ieefa.org) +1 (914) 439-8921

About IEEFA

The Institute for Energy Economics and Financial Analysis (IEEFA) examines issues related to energy markets, trends and policies. The Institute’s mission is to accelerate the transition to a diverse, sustainable and profitable energy economy.

www.ieefa.org

@ieefa_institute 

@IEEFA_AsiaPac

MIL OSI Oil Gas Energy