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How Texas Coal Plant Closure Affects Peabody Energy

Last week's decision by Vistra Energy to close an 1,800 MW power plant in Texas, puts a serious crimp in Peabody Energy's growth plans......»»

Category: blogSource: 247wallstOct 13th, 2017

Closure of Coal-Fired Power Plants Dents Coal Outlook

Since the bankruptcy filing of Peabody Energy Corporation (OTCMKTS:BTUUQ), much has changed in the coal industry, with green groups increasing their pressure to close down facilities run by coal. The most recent victims are two coal-fired power plants in .....»»

Category: topSource: bidnessetcSep 2nd, 2016

Closure of Coal-Fired Power Plants Dents Coal Outlook

Since the bankruptcy filing of Peabody Energy Corporation (OTCMKTS:BTUUQ), much has changed in the coal industry, with green groups increasing their pressure to close down facilities run by coal. The most recent victims are two coal-fired power plants in .....»»

Category: topSource: bidnessetcSep 2nd, 2016

Duke Energy plans $150M retrofit of second coal plant to co-fire natural gas

Duke Energy Carolinas and Piedmont Natural Gas will spend about $150 million on a project to allow the massive Belews Creek Steam Station to use a 50-50 mix of coal and natural gas......»»

Category: topSource: bizjournalsNov 8th, 2017

Peabody Energy"s executive compensation, stock ownership and more

The St. Louis Business Journal's Proxy Corner column for Nov. 3, 2017, takes a look at the coal company before its emergence from Chapter 11 bankruptcy in April......»»

Category: topSource: bizjournalsNov 2nd, 2017

Peabody Energy: An Undervalued Play On A Stabilizing Coal Market

Peabody Energy: An Undervalued Play On A Stabilizing Coal Market.....»»

Category: topSource: seekingalphaOct 25th, 2017

Texas" largest power generator to shut three coal plants

Luminant Generation Co. LCC, Texas' largest power generator, will next year shut down three coal plants in the state. The Irving-based company said Oct. 13 it would shut down in 2018 the two-unit Sandow Power Plant in Rockdale in Milam County, which is a.....»»

Category: topSource: bizjournalsOct 16th, 2017

Central Texas coal plant to shut down as part of power generator"s pullback from fuel

Luminant Generation Co. LCC, Texas' largest power generator, will next year shut down three coal plants in the state — including one in Milam County, about 60 miles northeast of downtown Austin. The Irving-based company said Oct. 13 it would shut.....»»

Category: topSource: bizjournalsOct 16th, 2017

Rick Perry just proposed sweeping new steps to help struggling coal and nuclear plants

The Energy Department announced new loan guarantees for a struggling nuclear plant — and a controversial new policy that could pay coal and nuclear plants for keeping the grid stable......»»

Category: topSource: washpostSep 29th, 2017

Company delays planned closure of Michigan nuclear plant

An energy company is delaying the closure of the Palisades nuclear power plant in southwestern Michigan by four years at least until 2022......»»

Category: topSource: foxnewsSep 28th, 2017

The Wall Street Journal: Coal producer Peabody says bankruptcy protects it from climate-change lawsuits

Coal producer Peabody Energy Corp. says its recent emergence from bankruptcy shields it from lawsuits brought by three coastal California communities against fossil fuel companies over rising sea levels and global warming......»»

Category: topSource: marketwatchAug 29th, 2017

The U.S. Energy Department Says Closure of Coal and Nuclear Plants Puts the Grid at Risk

The claim, made in an Energy Department report, has caused concern among renewable energy advocates. Cheap natural gas and the growth in renewable energy are speeding up the closure of coal and nuclear plants, pu.....»»

Category: europeSource: fortuneAug 24th, 2017

Firm files suit against Duke Energy over coal plant byproduct

Despite headlines about the plethora of coal ash in North Carolina, usable byproducts of Duke Energy’s coal power plants are in short supply, according to a recent lawsuit. The North Carolina subsidiary of Pennsylvania construction materials manufa.....»»

Category: topSource: bizjournalsAug 21st, 2017

Coal-Miner Peabody’s Secondary Offering Costs the Company $40 Million

Peabody Energy priced an underwritten secondary stock offering on Thursday. None of the proceeds from the sale will benefit Peabody, which is buying back $40 million worth of the 12.8 million shares........»»

Category: blogSource: 247wallstAug 18th, 2017

US gives Montana $4.6 million for retraining coal workers

The U.S. government awarded $4.6 million in aid on Tuesday to retrain hundreds of Montana coal workers, many of whom will soon be out of jobs because of a partial closure of the coal-fired Colstrip power plant......»»

Category: topSource: moneycentralAug 1st, 2017

Peabody Energy: No Coal in This Stocking!

Peabody Energy's earnings and plans to return capital to shareholders have helped send its shares higher this morning......»»

Category: blogSource: barronsAug 1st, 2017

DTE seeks permission for nearly $1B natural gas power plant

DTE Energy Co. announced Tuesday that it is seeking permission to build a natural gas-fired power plant northeast of Detroit as the utility moves forward with plans to close coal-fired plants......»»

Category: topSource: foxnewsAug 1st, 2017

Duke Energy burying coal ash in new, lined landfill at Sutton plant

Duke Energy Progress contractors began burying coal ash Friday in a new lined landfill at the shuttered Sutton Plant. Duke intends to bury about five million tons of ash from two unlined ash ponds on the site in the landfill. The N.C. Department of Env.....»»

Category: topSource: bizjournalsJul 7th, 2017

Coal Outlook Is Best ’In Years’

Arch Coal, Tech Resources and Peabody Energy are favored against a compelling backdrop......»»

Category: topSource: barronsJul 7th, 2017

Ex-CEO of South Texas power project gets 2 years for fraud

An ex-leader of a failed project to build a coal-fired power plant in Corpus Christi must serve two years in prison after prosecutors say he embezzled $1.5 million.....»»

Category: topSource: abcnewsJun 23rd, 2017

PeabodyEnergy Fights Lawsuit Over Protesters" Arrest

Peabody Energy is fighting accusations it colluded with police in the unlawful arrest of two protesters who took a photo with coal miners and their banner at its 2013 shareholder meeting in Wyoming......»»

Category: smallbizSource: wsjJun 16th, 2017