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2017: A Year of Growing National Momentum Against Coal Industry
Changes in utility-company policies and outright plant closures in Colorado, Missouri, New Mexico, Texas, and Wisconsin highlight the electricity-generation transition that gained momentum nationally in 2017: “While President Donald Trump’s ‘Energy Dominance’ agenda gave the false impression that federal efforts could revive coal, 27 coal-fired plants totaling 22 gigawatts (GW) of capacity were announced for early closure or conversion in 2017 – roughly one every 15 days since Trump’s election.”
Uptick in U.S. Coal Exports Leaves Industry Still Well Short of Previous Prosperity
While U.S. coal producers are celebrating a recent uptick in exports, the change is likely to be temporary as buyers in Asia adopt new energy policies, and the improvement is relative: “Exports this year will still be roughly 37 million tons below what they were in 2012, when they peaked at 126 million tons.”
Solar Uptake by K-12 Schools Driven by Cost
Over 5,000 K-12 schools in the U.S are powered by solar, part of a growing trend. A new study by the Solar Energy Industries Association puts the total capacity at about 910 megawatts, or enough to power 190,000 homes. “The biggest reason for the surge is the economic benefits of solar energy.”
2018 Outlook: Another Year of Coal Plant Retirements
A wave of coal-fired electricity plant retirements— in Kentucky, Missouri, Montana and Texas — add to a toll that continues to add up nationally. The closures accelerate a trend in which nearly twice as much coal-generation capacity will be retired in 2018 compared to 2017.
Trump’s Coal Programs Could Undermine Wind and Solar Industries
Several Trump administration policy proposals aimed at propping up the coal industry stand to slow the growth momentum of solar- and wind-powered electricity generation. They include “asking regulators to rewrite power market rules, revamping the tax code, and imposing tariffs on foreign-made solar panels.”
Report: Trump’s Policies Are Worse for Coal Than Obama’s
An analysis published by researchers at the Brattle Group finds that Trump administration policy toward natural gas industry production will undermine coal companies, “leading to net mining employment losses of 13,000-16,000 jobs” compared to Obama administration policies had they been left in place.