None of the numbers regarding openings and closings are likely to matter in the long run
because electric power companies are using less and less coal to generate electricity — the primary use of coal in the U.S.
Not exact matches
The reason NY officials chose to let
power companies raise
electric rates is
because 36 municipal
power suppliers petitioned the PSC committee.
Utility
companies warn that the lost revenue from solar -
powered costumers will necessitate price increases for people without solar panels,
because the
electric grid and other critical infrastructure must still be maintained.
He said coal
power generation is no longer socially acceptable in many parts of the country and most
electric power companies prefer natural gas and renewables
because they cost less.
The industry has faltered
because of declining global demand and low natural gas prices, which have encouraged
electric power companies to use gas instead of coal to generate electricity, said Ray Rasker, executive director of Headwaters Economics, an independent research group focusing on the economic implications of land management decisions in the West.
Perhaps that's
because neither Appalachian
Power nor its parent
company, American
Electric Power, own any gas pipelines.
In the UK and in China, they grew to occupy sizeable percentage of total energy production, partly due to the hydro -
electric companies but also
because solar and wind
power have built a large following in the private and public industry.