The coal mining industry in the U.S faced a two-fold whammy. With at least seven existing plants scheduled to terminate their operations, a previously inked deal between two mining conglomerates was discontinued.  

Vistra Corp., a company considered one of the country's significant independent energy generators, confirmed in late September 2020 that it would mothball its seven coal-fired power plants, including entire mining operations in Illinois and Ohio. The combined production of its plants from these two states alone makes up at least 18% of the company's total production capability. Yet, they claim the operations there are no longer profitable. 

Since 2016, Vistra Corp. has reportedly closed or declared it was to shut down 19 coal-based power stations. 

Arch Resources Inc. and Peabody Energy Corp. have also discarded plans for a strategic partnership that would save money regarding the operational cost to be more competitive against cheaper energy industries, such as renewables and natural gases.

The Illinois coal basin is one of the premier and most reliable industries in the U.S. It is estimated that in the coal mining peak in the 1900s, nine of its counties were generating over one million tons annually.

Jonathan Arnold, a power expert from Vertical Research Partners LLC, said the recent decline in the coal demand is due to cheaper renewable sources and energy stored-energy-based systems. 

The question for debate is, should Illinois ban coal mining and focus on renewable energy?