When paying $1 for a coal power plant is still paying too much
A New York-based company is in talks to buy the 847-megawatt San Juan Generating Station for $1, after four of its five owners decided to shut it down.
The sector is facing an even more uncertain future as the impacts from weaker demand and environmental regulations are creating more contractual volatility from the utilities to the railroads.
As BHP considers the sale of almost all of the businesses that Billiton brought to the 2001 merger deal, experts say the firm is likely to end up leaving London.