August 4, 2021
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first_imgOn Earnings Calls, U.S. Utility Execs Talk Now of Transition FacebookTwitterLinkedInEmailPrint分享SNL:When power generators talked about coal on second-quarter earnings calls, many were talking about moving away from the fuel, an S&P Global Market Intelligence review of recent earnings reports found.While the coal sector has enjoyed a lift from improvements in international demand for metallurgical coal, U.S. producers have historically played a somewhat limited role as a swing supplier to global markets. Without new coal power units, mining companies could be left competing over a reduced pool of customers as plants retire due to age or other factors.On earnings calls, power executives can often be found touting a transition to other forms of energy as a positive economic and environmental shift. More: ($) Power executives talk coal transition; several seem excited to continuelast_img read more

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