• Energy and Climate Change, Marco Baroni, Senior Energy Analyst, IEA • Coming challenges for Europe in meeting decarbonisation objectives, Geoff Blanford, Program Manager, EPRI and Ifo Institute • Resource adequacy forecasts to 2030 under different scenarios, Jean Verseille, Board member, ENTSO - E •
Power plant retirements and mothballing, Tomas Björnsson, Head of Business Strategy, Vattenfall
To compound matters, Michigan is facing a number of coal - generating
power plant retirements during the next six years.
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.
We're seeing a lot more natural gas because of its price and the
retirement of coal - fired
power plants.
To suggest that
plants are retiring because of the EPA's regulations fails to recognize that lower
power prices and depressed demand are the primary
retirement drivers.
It doesn't take a lot of arithmetic to figure out that 2030 is the beginning of a big wave of
retirements of nuclear
power plants.
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.
Two more U.S. nuclear
power plants are facing early
retirement, joining a string of generators whose fate was determined by market conditions, political pressure, or financial stresses assailing the sector.
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.
DTE noted there's «a substantial capacity and energy supply need beginning in 2022, primarily caused by the Company's projected
retirements of River Rouge, St. Clair, and Trenton Channel
power plants from 2020 - 2023.»
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.
Utilities nationwide have set
retirements for 266 coal
power plants since 2010 as residents reject paying the personal health costs and the expensive electricity rates needed to keep old coal
plants running.
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 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.
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 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).
(Part of the expense is also because the UK has more
power plants up for
retirement than its neighbours.)
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.
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.
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.
Outages at operational nuclear
power plants were generally lower this summer than in recent years, reflecting the
retirement of several units along with a lower number of generators in refueling outages.
From the Daily Caller: Coal - fired
power plants kept the lights on for millions of Americans during January's bomb cyclone, according to an Energy Department report warning future
plant retirements could imperil grid security.
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.
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.
SALEM, Ore., March 24, 2014 — The U.S. Energy Information Administration (EIA) recently reported that nine more coal - fired electric
power plants have been scheduled for
retirement.
In a Friday memo, Perry asked his chief of staff to undertake a 60 day inquiry into «the extent to which continued regulatory burdens, as well as mandates and tax and subsidy policies, are responsible for forcing the premature
retirement of baseload
power plants,» such as those fueled by coal or nuclear energy, among other grid related questions.
The
retirements of the Tanners Creek Generating Station in Indiana, the Muskingum River
Power Plant and the Big Sandy
Power Plant in Kentucky represent the 140th, 141st, and 142nd coal
plants to retire or announce their
retirement since 2010.