Utilities Continue Scrapping Coal

As many of the nation's coal plants continue to age, bringing them back up to code and extending their productive lives is becoming more and more of a costly endeavor, all the more so due to new EPA restrictions on emissions standards. When you combine that with the ever-falling price of natural gas, coal's newest and most aggressive competitor, you start to get a picture of how utilities companies are looking at coal these days, and what this could mean for the coal industry as a whole. In this video, Motley Fool energy analyst Taylor Muckerman takes us through some of the specifics of how coal companies are suffering, as the competition continues to get tougher year by year.

As the nation moves more and more toward clean energy, Exelon is perfectly positioned to capitalize by having the largest nuclear fleet in North America. Combining this strength with an increased focus on renewable energy, and its recent merger with Constellation, places Exelon, and its best-in-class dividend, on a short list of top utilities. Check out more details in our Motley Fool company analysis to see if Exelon is a good long-term fit for your portfolio.


Read/Post Comments (5) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On November 16, 2012, at 11:47 AM, Paulson545 wrote:

    Did T Boone Pickens signal the bottom in the coal stocks when he bought 275,700 shares of Arch Coal ? jmho

  • Report this Comment On November 16, 2012, at 4:37 PM, jg215 wrote:

    EIA recently came out with a report stating that coal's share of US energy generation is expected to grow from 37.5% in 2012 to 40% in 2013. How does that factor into your claim that "utilities continue scrapping coal"?

  • Report this Comment On November 16, 2012, at 4:43 PM, jg215 wrote:

    Also, I would not cite Union of Concerned Scientists as a unbiased study...

  • Report this Comment On November 16, 2012, at 11:32 PM, 13CROSSBONES wrote:

    Excelon sold biomass fuel plants to IHI Corp of Japan did they not.

  • Report this Comment On November 18, 2012, at 9:03 AM, Paulson545 wrote:

    With 47 million Americans on food stamps why aren't we turning more coal into transportation fuel and diesel. Using food for fuel is immoral when America has so much coal.

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2117081, ~/Articles/ArticleHandler.aspx, 10/1/2014 6:20:11 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement