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Report: PRB coal production could reach recent highs again by 2030
Last edited Tue Jan 10, 2017, 11:33 AM - Edit history (2)
Report: PRB coal production could reach recent highs again by 2030
Heather Richards 307-266-0592, Heather.Richards@trib.com Updated 1 hr ago
@hroxaner
Annual coal production in the Powder River Basin could return to a high of 400 million tons by 2030 if natural gas prices remain high and the Clean Power Plan is not implemented, according to the Energy Information Administration’s Annual Energy Outlook, released Friday.
Every year the federal agency makes a number of energy projections based on varying prices, regulations and market scenarios.
Wyoming has depended on coal revenue for 30 years and watched in horror as the sector faced historic declines, bankruptcies and layoffs through 2015 and 2016. Though the hemorrhaging of employees has stopped and production has increased over the last six months, the outlook for coal’s future has remained grim.
The federal report offers the potential of an unexpected growth spurt for the dusty black rock, extending coal's reign as one of the most-used fuels for electricity generation for a little over a decade before it falters under pressure from competition with natural gas and renewable energy.
Heather Richards 307-266-0592, Heather.Richards@trib.com Updated 1 hr ago
@hroxaner
Annual coal production in the Powder River Basin could return to a high of 400 million tons by 2030 if natural gas prices remain high and the Clean Power Plan is not implemented, according to the Energy Information Administration’s Annual Energy Outlook, released Friday.
Every year the federal agency makes a number of energy projections based on varying prices, regulations and market scenarios.
Wyoming has depended on coal revenue for 30 years and watched in horror as the sector faced historic declines, bankruptcies and layoffs through 2015 and 2016. Though the hemorrhaging of employees has stopped and production has increased over the last six months, the outlook for coal’s future has remained grim.
The federal report offers the potential of an unexpected growth spurt for the dusty black rock, extending coal's reign as one of the most-used fuels for electricity generation for a little over a decade before it falters under pressure from competition with natural gas and renewable energy.
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