2024 & Beyond: Energy ​Transition ​Realities and the ​Impact on the ​US Coal Demand ​Outlook

With the slowing development of renewables and intermittency challenges of grids with a large portion of renewables, concerns have been growing about the reliability of electricity supplies. The CEO of NextEra spoke on the record that offshore wind farms are a bad investment. And with rising costs, GE’s and Siemens’ wind divisions have started losing money.

With worries about potential blackouts, are utilities rethinking their future power portfolios?

What strategies could power utilities use to guarantee coal supply with potentially large year-on-year fluctuations in fuel demand that will stress coal suppliers’ ability to produce? And all the while, higher and more volatile gas prices could mean coal is called upon with little notice.

We have seen a number of coal plant retirements postponed to ensure reliability. However, will coal supply and infrastructure be around to cope with this increased demand volatility – a difference from the traditional baseload role of coal plants?

And how will governments and system operators react to the growing realization of these problems? Will they be able to act sufficiently to avoid lights going out?

In this webinar, recorded December 5, 2023, experts from McCloskey by OPIS present their outlook for the US coal markets, bringing together their collective coal, gas, renewables and power market expertise to discuss what the rest of the decade will bring.

Learn more about coal, metals and mining pricing, analysis and market coverage from McCloskey by OPIS.
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