Duke Energy is predicting that the election of pro-fossil fuels/anti- expensive renewables D. Trump will possibly cause more coal-fired power usage in the USA. 9.11.24
"Duke Energy's CFO is considering a shift back to coal power if Trump wins the presidency, citing the need to meet rising energy demands and lower costs.
The American Energy Alliance supports Trump's pro-energy agenda, which aims to roll back Biden's climate policies and boost domestic energy production.
A Trump presidency could lead to a significant shift in US energy policy, potentially prioritizing economic growth and lower energy costs over environmental concerns".
If the USA produces a lot more LNG for export in future years (considerable LNG delays are inevitable due to development, planning & other approvals, building new LNG export terminals etc.), this would place dowward pressure on thermal coal prices (at least in the EU, who, currently, wish to lower coal-powered electricity).
Conversely, the increasing demand for cheap, baseload electricty (for EV's, AI, Data Centres, more airconditioners in the developing nations etc.) will create much more demand for thermal coal= higher coal prices.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)