trending Market Intelligence /marketintelligence/en/news-insights/trending/Lk7DXYS2LEvFe_PDiyvpyA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Peabody lays off 40 at Ariz. mine that fuels power plant set for closure

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Peabody lays off 40 at Ariz. mine that fuels power plant set for closure

Peabody Energy Corp. laid off about 40 employees at its Kayenta coal mine in Arizona, whose sole customer is a power plant that will close at the end of the year.

Peabody spokesperson Charlene Murdock confirmed in an email March 21 that the company reduced its workforce in late February and "regrets the impact this action has had on impacted workers and their families."

The Salt River Project announced Feb. 28 that it will shutter the 2,250-MW Navajo Generating Station at the end of 2019 because the Navajo Nation is unable to guarantee that it can assume ownership while protecting the project and other existing owners.

Peabody is "actively engaging" with the Navajo Transitional Energy Co., a coal producer owned by the Navajo Nation that sought to purchase the mine and plant, and will "continue to encourage stakeholders to seek out appropriate steps to facilitate a transition for NGS and Kayenta," Murdock said. "Our base case remains closure absent formalized agreements."

The mine has about 300 employees who will continue producing coal in the meantime and then "advance into a final reclamation phase as part of the closure plan," she said.

The Kayenta mine produced nearly 6.6 million tons of coal in 2018, according to the U.S. Mine Safety and Health Administration.