A significant mechanical failure at CSX’s Curtis Bay coal export terminal near Baltimore has led to a temporary halt in coal loading operations. According to shipping agencies in the region, it will take at least two weeks to repair or replace the damaged machinery…
The U.S. Supreme Court’s decision to overturn the Chevron doctrine on June 28 has introduced significant legal and regulatory uncertainty for regulated utilities, according to Moody’s Ratings. The Chevron doctrine, established in 1984, had allowed courts to defer to federal agencies’ interpretations of ambiguous laws. Its removal may complicate regulatory processes and create challenges for the power sector…
We walk through calibrating our CEIX model buildup and our projections for Q2…
Peabody reported strong financial results for Q2 2024, beating estimates by a wide margin with a net income attributable to common stockholders of $199.4 million, or $1.42 per diluted share, and adjusted EBITDA of $309.7 million…
Warrior Met Coal announced robust financial and operational results for the second quarter of 2024, showcasing its continued success despite facing challenging market conditions…
The increasing electricity demand from data centers, driven by the rise of AI technologies, could significantly threaten grid reliability in the United States, according to a recent report by the Conference Board…
Met coal prices are down again, but by less as the deceleration continues leading into August as market participants wait on their saviors in India…
First up for the US coal boys on Q2 earnings is ARCH -0.85%↓ who reports tomorrow (7/25/24) and will likely set the tone that the rest of the industry will have to meet or improve upon…
The Environmental Protection Agency (EPA) continues to enforce stringent emissions regulations on the energy sector, including a new rule requiring coal-fired power plants to capture at least 90% of their CO2 emissions…
The German government, led by Chancellor Olaf Scholz’s coalition, has confirmed it will not advance its coal phase-out deadline from 2038 to 2030, despite previous intentions signaled by the coalition partners…
In an attempt to bolster U.S. steel production and reduce dependency on foreign steel, President Joe Biden has imposed new restrictions on steel imports from Mexico…