S&P analysis shows planned power plant retirements threaten 25% of current U.S. coal production

Read the full story from IEEFA.

Despite drastic cuts in production, U.S. domestic thermal coal markets could continue to face oversupply for the foreseeable future as about a quarter of U.S. coal production is bound for power plants where customers have already set a future retirement date.

An S&P Global Market Intelligence analysis showed that nine coal basins across the U.S. produced about 683.5 million tons of coal in 2019. Of that, producers delivered 174.3 million tons to power plants that have already set retirement dates.

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