Sentences with phrase «inefficient old coal plants»

She quelled many of the critics, though, when she told the coal reps that the industry «must change rapidly and dramatically for everyone's sake,» that all inefficient old coal plants should be shut down, that all new plants should include CCS, and that the world must «leave most existing [coal] reserves in the ground.»

Not exact matches

The best policy is to replace the oldest dirtiest most inefficient plants with newer plants (not «clean» coal, but cleaner coal).
Fully contracted renewable energy projects have the least transition risk while older, inefficient merchant coal plants are likely to suffer disproportionately from the financial effects of carbon transition such as lower wholesale prices, the cost of carbon credits, lower capacity factors and increased operating or capital costs, according to the report.
There is no doubt that the global coal fleet is changing as older inefficient subcritical stations built decades ago in Europe and the US are being replaced by new, highly efficient plants in emerging economies like China, South and South - east Asia.
Climate targets mean older inefficient coal plants will have to be phased out or replaced with new ones equipped with carbon capture and storage, the IEA says.
Action is being taken on this now with the government recently announcing plans to close old, inefficient coal fuelled power plants and replace them with modern high efficiency technology.
Similarly, emission reductions in the UK power sector were largely driven by the retirement of old, inefficient coal plant during the 1990s, through sulphur regulations which meant plant owners were faced with the choice of either retrofitting stock or retiring it (Eyre, 2001).
Scores of old, inefficient coal - fired power plants were already expected to close as a result of other air pollution regulations — with gas fired plants popping up in their place.
A significant number of US coal - fired power plants are old, inefficient, and no longer economically competitive: it simply makes no financial sense to keep them running when cheaper, cleaner alternatives are available.
As we see older, inefficient coal plants replaced in Europe and the US by new, highly efficient ones in emerging economies like China, Southeast Asia and India, this issue looks at an array of energy trends and what they mean for these economies.
«We welcome TVA's decision to retire the old, inefficient Allen coal plant.
They are also deciding to retire old, inefficient coal plants and invest elsewhere rather than pay for retrofits in order to meet increasingly stringent pollution regulations.
At the same time, these coal plants are growing older and becoming increasingly inefficient compared to the falling costs of natural gas - and renewable - powered electricity.
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