Coal, which powered nearly 50% of the U.S. electricity grid as recently as 2010, contributed only 20% to the power generation fuel-mix in 2020. The decline in U.S. coal has been sharp in the last decade due to a string of environmental regulations, low natural gas prices, and rapid growth of subsidized renewable power. However, the Russian invasion of Ukraine has made coal relevant again, especially in Europe, as Russia continues to choke gas supply into the region. Domestically, coal has regained some lost ground due to rising natural gas prices, however, this recovery might be short lived due to upcoming EPA regulations and a continuing shift away from fossil fuels.
In this webinar, we will explore the current state of domestic and international coal markets, what is in store for coal this decade and if coal has a long-term future in the U.S.
Mr. Seth Schwartz is the Managing Director of Energy Ventures Analysis Inc. and leads the firm's coal practice. With more than 40 years of experience, he is widely recognized as a leading expert in North American coal markets. Under his leadership, EVA has developed a comprehensive suite of coal publications that offers subscribers with unparalleled insight into the complex and often opaque industry. Mr. Schwartz also works directly with utilities, independent power producers and other clients to develop fuel procurement strategies and negotiate long-term fuel contracts, as well as audit system dispatch and off-system sales. He regularly advises clients on acquisitions and sales of coal properties and is frequently asked to testify in fuel contract disputes, as well.
Mr. Schwartz holds a B.S.E. in Geological Engineering from Princeton University.
This event is free to NCAC-USAEE members. The Zoom link will be at the very bottom of the confirmation email from NCAC-USAEE, after you register. Non-members can sign up for membership at: https://www.ncac-usaee.org/membership and then sign-up for the event on the website calendar. 2022 membership entitles participation for the remainder of the year.