While we’re here: Analysts say coal prices would need to fall by half to regain competitiveness compared to gas or renewables. (Semafor)
Utilities with large coal fleets—including Duke, NextEra, and Southern Company—declined to say whether the Trump administration’s new coal push will alter their strategies.
“This funding is essentially cash for clunkers,” Brendan Pierpont, director of electricity modeling at the think tank Energy Innovation, told Semafor, “but without trading in the clunkers.”