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Stock impact report

Coal Is Still A Force In U.S. Power Generation [Forbes]

Peabody Energy Corporation (BTU) 
Last peabody energy corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Forbes
The arctic blast which put a vast swath of the continental United States into a deep freeze in recent days was not a theoretical exercise - it was/is a real-world stress test of the U.S. electric grid. Fortunately, thanks to a combination of added capacity, improved communications, policy actions, and better pre-planning for emergency measures, Winter Storm Fern did not result in the widespread blackouts seen during 2021's Winter Storm Uri. One of the workhorses of the power generation sector that helped several regions endure the storm is also one which has been widely demonized and subjected to punitive public policy measures in recent years: The nation's coal industry. Coal Remains A Vital Part Of The Power Generation Mix As the Wall Street Journal editorial board noted , coal power played a decisive role in preventing widespread outages during the deep freeze and this weekend's winter storm, supplying roughly 40% of electricity in the Midwest's MISO grid, and 24% in PJM. Even Show less Read more
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