The stampede of
new coal plant retirements speaks for itself.
Not exact matches
Since 2012, two of
New York's remaining
coal plants, Dunkirk and Cayuga, have requested to mothball while a third, Huntley, has requested permanent
retirement due to unfavorable market conditions.
Among Freeman's specific recommendations are a «20 percent federal tax credit to electricity and natural gas utilities that gives highest priority to the efficient use of the energy they supply,» and ban on
new coal or nuclear
plants and
retirement of the existing
plants within the next 30 years, government - funded demonstration
plants for Big Solar and hydrogen, increasing federal fuel economy standards one mile - per - gallon a year over the next 24 years, tax credits for plug - in hybrids or flex - fuel vehicles, and an excess - profits tax on oil to fund the tax credits.
Earthjustice's landmark court victory, which put in motion strict
new limits on toxic air pollution from
coal - fired power
plants, drives the
retirement of many dirty
plants and a shift to cleaner power.
The already significant pace of
coal plant retirements in PJM Interconnection is about to kick into high gear over the next couple of months, according to a
new study by Genscape.
A key factor in those
retirements is a
new Environmental Protection Agency regulation on emissions of toxins from
coal - fired power
plants.
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.»
Given that deeper CO2 reductions would likely beget more
coal plant retirements, necessitating more buildout of
new infrastructure, the NERC report seems to show that more ambitious carbon cuts could be unworkable for the grid.
In addition to calling on high income countries to stop building
new, unabated
coal - fired power
plants immediately and accelerate the
retirement of their existing
plants, the report also calls on middle income countries to limit
new coal - fired power
plants and begin retiring their existing fleet by 2025.
The report pulls no punches when it comes to
coal, including a call for a global
coal phaseout involving an immediate end to investments in
new unabated
coal - fired power
plants globally and the
retirement of existing unabated
coal - fired power
plants in high income countries.
that in 2010, «Construction did not begin on a single
new coal - fired power
plant in the United States for the second straight year,» with plans for 38
new plants dropped and even more older
plants scheduled for
retirement.
The Environmental Protection Agency's (EPA) forthcoming climate change regulations for
new and existing electricity generating units have been appropriately labeled the «war on
coal,» [1] because the proposed limits for carbon dioxide emissions would essentially prohibit the construction of
new coal - fired power
plants and force existing ones into early
retirement.
Preparing for the
retirement of a large
coal plant contains the same challenges as preparing for the addition of a
new large generating resource.
In this webinar from June 9, 2016, Synapse's Senior Associate Patrick Luckow and Senior Associate Pat Knight discuss scenarios in which United States electric sector CO2 emissions could decline by 30 percent by 2030 driven largely by these
new realities, combined with economic
retirements of older
coal plants.
Nevertheless, the CPP will cause states, taxpayers, and energy consumers to get stiffed with huge cost burdens, including capital - intensive, decades - long transitions needed for adding expensive and unreliable wind and solar infrastructures,
coal plant retirements and upgrades, restructured transmission lines, and
new natural gas pipelines.