Wyoming

IEEFA Research

As Texas Coal-Fired Power Plants Close, Powder River Basin Mines Are Losing Their Largest Customers

Trends Will Force Closures and Complicate Efforts by Alpha Natural Resources, Arch Coal and Peabody Energy to Work Their Way Out of Bankruptcy

CLEVELAND, Aug. 3, 2016 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis today published a report detailing how Powder River Basin coal producers are losing their largest customers as Texas power producers turn increasingly to other sources of energy. The report, “Texas’ Outsize Role in the Decline of the Powder River Basin Coal […]

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The Federal Government’s Coal-Leasing Program Is Broken: Here’s How to Fix It

Appoint a Price-Setting Commission; Ban Exports; Cancel Some Leases; Eliminate Self-Bonding; Mandate Set-Asides for Mine Clean-up and Miner Pensions; Require Twice-a-Year Audits; Assume Smaller Markets

It’s time for the U.S. to modernize how it manages its publicly owned coal reserves. That’s the essence of comments we’ve filed today with the Department of the Interior as it begins a review of its federal coal-leasing program in the Powder River Basin, a program that has been mismanaged for years at taxpayer expense […]

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As the BLM Begins Coal-Lease ‘Listening Sessions,’ a Few Hard Truths Must Be Heard

Ban Coal Exports From the Powder River Basin, for Starters, and Impose a Moratorium on Taxpayer-Subsidized Leases

U.S. taxpayers own the largest remaining domestic coal reserves in the country, valuable resources that sit in the Powder River Basin of Montana and Wyoming and that are vital to the energy security of our country. The federal government, sad to say, has been an almost pathologically passive overseer of these resources (read more about […]

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Comments on Proposed Consolidated Federal Oil and Gas and Federal and Indian Coal Valuation Reform, ONRR-2012-0004-0024

COAL SOLD FOR EXPORT SHOULD NOT BE EXEMPT FROM FEDERAL ROYALTY PAYMENTS

Comments on Proposed Consolidated Federal Oil and Gas and Federal and Indian Coal Valuation Reform, ONRR-2012-0004-0024 By Tom Sanzillo, Director of Finance, Institute for Energy Economics and Financial Analysis

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Report – No Need for New U.S. Coal Ports: Data Shows Oversupply in Capacity

No Need for New U.S. Coal Ports: Data Shows Oversupply in Capacity (pdf) By Tom Sanzillo, Director of Finance, IEEFA  

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Report: 20 Fourth-Quarter Questions for Powder River Basin Coal Producers

20 Fourth-Quarter Questions for Powder River Basin Coal Producers (pdf) By Tom Sanzillo, Director of Finance, Institute for Energy Economics and Financial Analysis

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Memo- Response to the Department of Interior, Office of Inspector General Audit on Federal Coal Leasing Program

Policy memo: Response to the Department of Interior, Office of Inspector General Audit on Federal Coal Leasing Program June 28, 2013 (pdf)

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Report- Almost $30 billion in revenues lost to taxpayers by “giveaway” of federally owned coal in Powder River Basin

Almost $30 billion in revenues lost to taxpayers by “giveaway” of federally owned coal in Powder River Basin (pdf) With almost no accountability, BLM failure created boom in electric power industry use of artificially cheap coal from Montana and Wyoming; Next major coal sale set for Thursday   WASHINGTON, D.C. – June 25, 2012 – […]

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More News and Commentary

Microsoft Signs Wyoming-Kansas Power Deal, Expanding Its Reliance on Renewable Energy

Chris Martin for Bloomberg News: Microsoft Corp. committed to its largest wind-power purchase to date with a deal to buy 237 megawatts of capacity from projects in Wyoming and Kansas. Allianz Risk Transfer AG’s Bloom Wind Project in Kansas and Black Hills Corp.’s Happy Jack and Silver Sage wind farms in Wyoming will provide all […]

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A Call From West Virginia to Get Past the ‘War’ Rhetoric and Develop a Post-Coal Economy

Karen Kidd for the West Virginia Record: A West Virginia University law professor hopes members of a U.S. Senate subcommittee who heard his testimony earlier this month will stop talking about the so-called “War on Coal” and concentrate instead on West Virginia’s economic good. James Van Nostrand, a WVU College of Law professor and director […]

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Letter to the Editor: ‘Just Transition’

From the Baltimore Sun: Simple fairness demands that the nation address the economic plight of coal country with a focus on mining families. Miners risk their lives and health every time they go underground. The product of their work has powered our nation for generations. As we transition away from coal as a power source, […]

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IEEFA Update: Many Hurdles Facing U.S. Coal-Fired Power Fleet

Old Age, the Rise of Renewables, Competition From Natural Gas, Advances in Technology

Why has U.S. coal production declined so enormously in recent years? Because the coal-fired power industry is producing less of the country’s electricity than ever. As recently as 10 years ago, coal-fired power plants provided half of U.S. power needs. Today that number is closer to 30 percent—and falling. Coal is not likely to fade […]

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On the Blogs: Criminal Charges in Wyoming ‘Carbon Capture’ Scheme

Rone Tempest for Wyofile: Federal prosecutors have charged Michael J. Ruffatto, developer of the once-proposed Two Elk coal-fired power plant near Gillette, with criminal fraud for bills he submitted under a 2009-2010 federal stimulus grant to research carbon storage on his site in rural Campbell County, according court documents obtained by WyoFile. Michael Ruffatto, president […]

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Mounting Risk (and Opportunity) in Coal Industry Self-Bonding

Gregory DL Morris for Risk & Insurance: Waves of bankruptcies convulsing the coal industry in the United States leave billions of dollars in mine remediation costs potentially unfunded, and raise ominous questions for both tactical insurance and strategic risk management. Dozens of coal companies are in court-supervised reorganization or liquidation, some of them for the […]

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Wyoming Legislators Drop Plan to Slow Wind Energy With Threefold Tax Increase

William Yardley for the Los Angeles Times: In a voice vote, the committee, which spends the summer and fall deciding what measures it will sponsor when the full Legislature meets during regular session in January, voted overwhelmingly against moving forward a bill that would have raised the production tax to $3 per megawatt hour of […]

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IEEFA Update (Corrected): Wind in the Wires, and More on the Way

30 States Have Projects Under Construction or in Advanced Development

Wind power is a rapidly growing source of electricity in the U.S., doubling its share of generation in just five years, to 4.9 percent in 2015. The declining cost of wind power, along with cheap natural gas, has put tremendous financial pressure on both coal-fired and nuclear power plants, and is changing the mix of fuels […]

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On the Blogs: Wind and Solar Have Gone Mainstream

Daniel Fleischmann for Renewable Energy World: Let’s consider wind, solar, and geothermal energy. In 1999, only 10 states generated a measurable amount of electricity from at least one of those three sources (i.e., at least one GWh, or enough to power 1,000 U.S. homes for a year). By 2015, every state generated a measurable amount […]

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BLM Official in Wyoming: Coal Reserves ‘Belong to the American People’

Taylor Kuykendall for SNL: Officials charged with leasing federal coal remain busy even if there is moratorium on the practice. Mary Jo Rugwell was selected as the U.S. Bureau of Land Management’s state director for Wyoming, the nation’s top-producing coal state, earlier this year. While new coal leases are paused for a review of the […]

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