The Bureau of Land Management held a competitive coal lease sale for the Dunn Ranch Coal Tract in Colorado, estimated to contain 9.54 million tons of recoverable coal. Only one firm submitted a bid: Tijeras, New Mexico-based GCC Energy, LLC., which bid $3.4 million, or roughly $0.36 per ton. According to an April 7 report by the U.S. Energy Information Agency, coal’s share of electricity generation nationwide has steadily dropped for several years, from 40% in 2014 to 24% in 2019, and is projected to be about 20% in 2020. Status: Sale announced April 10, 2020, not finalized pending internal review.
