Sentences with phrase «of coal retirements»

In a report issued last month, Bloomberg New Energy Finance forecast «the largest wave of coal retirements in U.S. history.»

«Our analysis makes it clear the transition away from coal continues, making additional waves of coal retirements inevitable,» said Richardson.

That means that in all, the U.S. is likely looking at about 90 GW of coal retirements, with most coming in the next five years.

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.

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.

As the rule's new effective date approaches, will he protect the retirement savings of working people — carpenters and coal miners, teachers and technicians, firefighters and farmers — or allow a portion of the financial sector to continue to keep their clients in the dark about whose interests come first?

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.

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.»

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.

Committee Chair Lisa Murkowski (R - AK) asked his personal opinion of the risks posed to resilience by the impending nuclear and coal retirements on «a scale of 1 to 10.»

A December report from the North American Electric Reliability Corp. (NERC) said U.S. power generation from renewable sources, along with natural gas, would produce enough electricity to offset retirements of U.S. coal and nuclear units over the next 10 years.

The Nuclear Energy Institute (NEI), echoing trade groups that lobby for other fuel sources including coal and gas, has said that a key factor for several premature retirements is the failure of RTO markets to value attributes of nuclear power.

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.

CO2 emissions were markedly higher in 2007 than now, with the shale gas boom and the rise of renewables leading to massive coal retirements in the interim.

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.

«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 CCoal 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 Ccoal 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.

«At 50 MW — 350 MW, modular units could provide efficiency and cost benefits, but probably wouldn't have significant impact on coal demand given the number of coal - fired unit retirements / closures being considered and the length of time this would take to get to the commercial stage (5 — 10 years).

The commission rejected the energy secretary's assertion that retirement of coal and nuclear plants threatens electric resilience.

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.

Ultimately, look at it this way — in the absence of RGGI the facilities would still have retired so any modeling approach that presumes that RGGI influenced the NYS coal retirements is wrong.

The net result is likely to be an acceleration of the retirement of existing coal - fired power plants.

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).

The law should require that a gradual retirement of coal and nuclear be completed in thirty years.

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.

To compound matters, Michigan is facing a number of coal - generating power plant retirements during the next six years.

By creating a demand for this supposedly dispatchable power, the policy discourages the retirement of the very coal units that AEMO has identified as ill - suited to our needs.

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.

According to the report, progress must be accelerated, including canceling coal power projects under development and hastening retirement of aging coal fleets in Europe and the US.

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.

The majority of the reductions in the RGGI region to date have occurred because of coal unit retirements and cutbacks in the use of residual oil which were driven by the economics of low natural gas fuel prices.

Market forces explain much of the US electricity sector NOx emissions reductions and nearly all coal plant retirements.

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 evolution of the US energy sector is far from over, however, as retirements are forecast to rise to 60GW by 2020 and 92GW by 2030, which is equal to 27 % of the total US coal generation fleet in 2012.