Facing declining demand for electricity and stiff federal environmental regulations, coal plant operators are planning to retire 175 coal-fired generators, or 8.5 percent of the total coal-fired capacity in the United States, according to an analysis by the Energy Information Administration (EIA).
A record-high 57 generators will shut down in 2012, representing 9 gigawatts of electrical capacity, according to EIA. In 2015, nearly 10 gigawatts of capacity from 61 coal-fired generators will be retired.
More skilled labor out of work, [sarcasm]I'm so glad that the solar and wind energy industries are doing so well![/sarcasm] Stand by for increasing energy prices. Thanks Barry.
I can explain it to you but I can't understand it for you.
"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford
Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus
Good deal. With the continued surplus of natural gas available for the next millenium, and with the continued dropping of price of renewables, energy prices should be stable for the foreseeable future. At least everywhere but IREA land.
"Remember to always be yourself. Unless you can be batman. Then always be batman." Unknown
Something the Dog Said wrote: Good deal. With the continued surplus of natural gas available for the next millenium, and with the continued dropping of price of renewables, energy prices should be stable for the foreseeable future. At least everywhere but IREA land.
The ng surplus is largely due to fracking. Is that no longer a concern?
Something the Dog Said wrote: It is not just Enviros who are concerned but homeowners who depend on their local water supplies. My biggest concerns with fracking are the water use (1 - 5 million gallons per well) and disposal of the contaminated water.