Not exact matches
The consensus estimate in the private sector is that the utility rule and eight others on the EPA docket will force the
retirement of 60 out of the country's current 340 gigawatts of
coal - fired
capacity.»
Increasingly strict controls on total
coal capacity and power plant emissions are expected to prompt the
retirement of up to 20 GW of older plants and spur technological upgrades to China's remaining 1,000 GW of
coal power.
At this rate, by 2022 yearly
retirements worldwide will exceed new
capacity additions and the global
coal fleet will begin to shrink.
In addition, regulations imposed by the Environmental Protection Agency (EPA) aimed at improving air quality have contributed to the
retirement of
coal capacity (over 50 gigawatts (GW) of
coal capacity has been retired since 2002 with
retirements in recent years partially due to regulations).
In addition to units currently planning to retire in 2018 or later (about 6.9 GW; 67 %
coal, 20 % nuclear), there are between 108 and 118 units representing 22.9 to 30.7 GW of
capacity at risk of
retirement.
High - income countries should commit now to end the building of new unabated
coal - fired power generation and accelerate early
retirement of existing unabated
capacity, while middle - income countries should aim to limit new construction now and halt new builds by 2025.»
The report estimated that regulations cutting emissions of mercury, sulfur dioxide and nitrogen oxides would lead to the «premature»
retirements of
coal - fired power plants that can generate 47.8 gigawatts of electricity, about 15 percent of
coal's U.S. production
capacity.
Coal, pushed to
retirement by EPA rules and cheap natural gas, diminishes in influence while solar
capacity steadily rises to replace it.
Environmental regulatory requirements may have been the straw that broke a baseload's camel's back — particularly for
coal plants — but it appears that most baseload plants were already burdened by the effects of low natural gas prices, eroding customer demand, and lower
capacity factors before the incremental burden of new regulations tipped the balance over to
retirement.»
If policymakers and the plant's investors restart construction, the plant would likely reduce the share of electricity the state receives from
coal from 21 percent in 2016 to 3 percent, allowing the
retirement of most or all of the remaining
coal capacity.
As a result of sustained low natural gas prices, environmental compliance requirements, and natural equipment aging, the AEO 2016 Reference case forecasts the
retirements of over 50 GW of
coal capacity (see Figure 3).
Utilities with exposure to
coal power in the EU are at a strategic crossroads: continue to invest in
coal and hope governments will allow rent - seeking in the form of
capacity and
retirement payments, or divest and prepare for a low carbon future.
Demand reduced slightly, and we are expecting to see more [
retirements of older
coal and oil
capacity].»
Tags:
capacity,
coal, electricity, generating
capacity, map, natural gas, nuclear, renewables,
retirements, solar, wind
The total of scheduled
coal - fired generating
capacity retirements is split between 10.2 GW of bituminous
coal and 2.8 GW of subbituminous
coal.
In these projections, 90 % of the
coal - fired
capacity retirements occur by 2016, coinciding with the first year of enforcement for the Mercury and Air Toxics Standards.
Projected
retirements of
coal - fired generating
capacity in the AEO2014 include
retirements above and beyond those reported to EIA as planned by power plant owners and operators.
Tags: AEO (Annual Energy Outlook), AEO2014,
capacity,
coal, forecasts / projections, generation,
retirements