Record number of coal-fired generators to shut down in 2012By Michael BastaschThe Daily Caller Jul. 29, 2012 |
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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. While many of those coal plants are old and relatively inefficient, the scope of this new planned shutdown is unprecedented. Read More |