This could trigger up to 20 gigawatts
of coal plant retirements this year, compared to 4 gigawatts
of coal plant retirements in 2014 and 5 gigawatts in 2013.
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.
Not exact matches
DELTA TOWNSHIP, Mich. — Michigan regulators on Friday cleared DTE Energy's request to build a near - $ 1 billion natural gas power
plant, the first approval
of such a large facility for a regulated utility in decades and a move that coincides with the
retirement of coal - fired
plants.
Energy Secretary Rick Perry commissioned the study in April to evaluate whether «regulatory burdens» imposed by past administrations — including that
of President Barack Obama — had forced the premature
retirement of baseload power
plants that provide nonstop power, like those fired by
coal and nuclear fuel.
Obama had introduced a raft
of regulations intended to slash emissions
of carbon dioxide blamed for climate change, a policy course that accelerated the
retirement of older
coal - fired power
plants and bolstered the nascent solar and wind sectors, which depend heavily on weather conditions for their power output.
The natural gas
plants are necessary partly because
of expected load growth, partly because
of the intermittent nature
of solar power and partly because
of the planned
retirement of around 3,000 megawatts
of generation powered by less efficient
coal and oil
plants, he said.
Europe saw a record 10 gigawatts
of coal plant closures in 2016, and countries including Austria, Denmark, Finland, France, Germany, and Portugal are working toward aggressive
coal retirement schedules or, in the case
of the UK, complete phase - out plans.
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.
One - third
of those
plants, among the oldest and dirtiest in the United States, were to be shuttered by the end
of 2012, making it the biggest year for
coal plant retirements in the nation's history.
We're seeing a lot more natural gas because
of its price and the
retirement of coal - fired power
plants.
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.
Washington State and Oregon have two
of the cleanest energy mixes in the nation, with one
coal plant each, both
of which are scheduled for
retirement in the next decade.
This includes support for policies that: (1) require the installation and operation
of state -
of - the - art air pollution control technologies and (2) encourage conversion to cleaner energy resources and / or permanent
retirement of coal - fired power
plants.
Also, despite Perry's «sky is falling» declarations regarding
coal and nuclear
plant retirements, as Perry's own Department
of Energy (DOE) acknowledged last summer, the grid has become more reliable in the last 15 years — notwithstanding
coal and nuclear
retirements.
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.
«Europe Beyond
Coal groups have been working tirelessly to secure closures of damaging coal plants, and these German plant retirements show that we are making welcome progress in Europe towards healthy, modern energy systems,» said Kathrin Gutmann, Campaign Director at Europe Beyond C
Coal groups have been working tirelessly to secure closures
of damaging
coal plants, and these German plant retirements show that we are making welcome progress in Europe towards healthy, modern energy systems,» said Kathrin Gutmann, Campaign Director at Europe Beyond C
coal plants, and these German
plant retirements show that we are making welcome progress in Europe towards healthy, modern energy systems,» said Kathrin Gutmann, Campaign Director at Europe Beyond
CoalCoal.
But in less than three years the campaign has nearly doubled those predictions, securing the
retirement of more than 60,000 megawatts, more than one quarter
of all
coal plants in the country.»
There could be as much as 2,600 trillion cubic feet (tcf)
of natural gas available domestically.63 The U.S. currently uses approximately 22 tcf per year.64 If the shale deposits meet their potential, these finds will certainly help accelerate the
retirement of coal power
plants and reduce our dependence on foreign oil and our foreign exchange imbalance.
A key factor in those
retirements is a new Environmental Protection Agency regulation on emissions
of toxins from
coal - fired power
plants.
The commission rejected the energy secretary's assertion that
retirement of coal and nuclear
plants threatens electric resilience.
Some
coal plants applied for and received one - year extensions, meaning that many
of the
coal retirements expected in 2016 will likely also occur in April.
The underlying analysis revealed that the average
coal plant in the US is 40 years old and since 2010 more than half
of US
coal units have either shut down or have a planned
retirement in the near future.
The EPA regulations call for increasing the use
of state -
of - the - art, natural gas - fired power
plants in place
of coal plants; increasing renewable energy sources; avoiding
retirement of existing nuclear
plants; and supporting energy efficiency.
The net result is likely to be an acceleration
of the
retirement of existing
coal - fired power
plants.
To compound matters, Michigan is facing a number
of coal - generating power
plant retirements during the next six years.
E3G's scorecard looks at the progress made on phasing out
coal since the Paris climate conference and shows that an additional 40GW
of existing
coal plants have been marked for
retirement over the coming years.
Residential customers experiencing the highest increases, and / or potential increases, are those who are heavily dependent on
coal - fueled generation, as required retrofits can not economically meet existing environmental requirements — resulting in the proposed
retirement of older
coal - fueled
plants.
Sierra Club's Hitt noted that the
retirement of large,
coal - fired
plants, many
of which date back half a century or more, is already under way.
To date, more than a third
of the nation's on - campus
coal plants have been retired or are slated for
retirement — including recent announcements from University
of Cincinnati and Wooster College.
If global power sector emissions remain flat until 2025, before falling more steeply later on, then losses could reach $ 8.3 tn by 2060 and early
retirements of coal and gas
plants would climb to 2,350 GW.
Market forces explain much
of the US electricity sector NOx emissions reductions and nearly all
coal plant retirements.
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.
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).
I helped lead a protest outside Duke headquarters a few weeks ago, and last week activists rallied at Duke's annual shareholder meeting, calling for the
retirement of the Asheville
plant and the cleanup
of not only the Dan River spill, but all
of Duke's
coal ash sites in the state.
But $ 20 million
of that will go to workers discharged from
coal mines, $ 25 million to the Appalachian communities effected, $ 6 million to economically distressed communities, and roughly $ 5 million for «brownfield» studies in communities affected by the
retirement of coal - fired
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.»
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.
The Federal Energy Regulatory Commission is expected to act by January 10, 2018, on the Department
of Energy's notice
of proposed rulemaking on «grid resiliency pricing,» which directs the commission to impose rules that would prevent early
retirement of coal and nuclear - fired power
plants in the Eastern United States.
The rule is designed to speed up the
retirement of the nation's fleet
of coal - fired power
plants — the most carbon - intensive way
of creating electricity — and could more than double the rate
of coal plant closures by 2040.
The analysis identifies which units are no longer economic and may face
retirement, features four snapshots
of communities located near
coal plants, and cautions states against a potentially risky wholesale shift away from
coal to natural gas.
The Nevada utility has requested approval from the Public Utilities Commission
of Nevada for a 100 MW solar
plant, while simultaneously requesting the early
retirement of a
coal - fired generation facility, but its previous objection to net metering lingers in the memory.
In 2008, approximately 8.5 million people lived within a 3 - mile radius
of an operational
coal plant, but by 2016, following widespread
coal plant retirements, that number fell to about 3.3 million.
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.
Back in April, DOE Secretary Perry issued a memo calling for a reliability study
of U.S. power systems, expressing concerns that competitive markets, renewables, and regulations were forcing
retirement of baseload (i.e.
coal and nuclear) power
plants critical to reliability.
The study found that the EPA rules, combined with a recent drop in the price
of natural gas, could over the next four to five years cause the utility industry to accelerate
retirement of old
coal - fired power
plants rather than spend to upgrade the
plants» emissions controls.
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.
A longer - term scenario in the study analyses the implications
of limiting global averages temperature increases to 2 ˚C, confirming the need for China to start planning the early
retirement of coal plants not retrofitted with Carbon Capture and Storage (CCS).
The costs
of the equipment needed to control acid and toxic metal emissions, such as flue gas desulfurization (FGD) and dry sorbent injection (DSI), play a significant role in retrofitting and
retirement decisions faced by
coal plant operators.