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Saturday, July 28, 2012

Administration: Scope of Coal-Fired-Utility-Planned Shutdown Is Unprecedented

From President Obama's own administration:
Facing declining demand for electricity and stiff federal environmental regulations, coal plant operators are planning to retire 175 coal-fired generators, or 8.5 percent of the total coal-fired capacity in the United States, according to an analysis by the Energy Information Administration (EIA).

A record-high 57 generators will shut down in 2012, representing 9 gigawatts of electrical capacity, according to EIA. In 2015, nearly 10 gigawatts of capacity from 61 coal-fired generators will be retired.

While many of those coal plants are old and relatively inefficient, the scope of this new planned shutdown is unprecedented.

“The coal-fired capacity expected to be retired over the next five years is more than four times greater than retirements performed during the preceding five-year period,” EIA noted in the analysis.


Killing A Golden Goose of Jobs


According to the linked article: "Most of the coal-fired generator retirements will occur in the Mid-Atlantic, Ohio River Valley and the Southeast."


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