Coal Miners Murray, Consol Deemed Most Exposed to Plants at Risk

Murray Energy Corp. and Consol Energy Inc. are exposed to potential losses because power plants that burn their coal may close, according to a report by CreditSights Inc.

Some three dozen U.S. coal plants—which aren’t currently slated for retirement—could be forced out of business amid continued growth in renewable energy and natural gas-fired power generation, CreditSights analysts Charles Johnston, Andy DeVries, and Nick Moglia said in a June 28 report. These at-risk plants have all been in service for at least 45 years and are operating at less than 45 percent of their capacity. ...